Help purchasing a model railroad business
My name is Randy James and my wife's name is Penny, We are the James family and we are forming James Enterprises, We will be a LLC. Our plan is to purchase Smokey Mountain Models and Yorke Enterprises from Doctor Bens. We manufacture model railroad detail parts and model structure kits. Plans are to also introduce our own line, Lizard Head Pass Models in the future.
Both companies have profitable from 2011 thru 2020. With the items that mold and pattern are included and have not been produced in many years, we can increase revenue and make available kits people have wanted for quite a while.
The funds will be used to purchase SSM and Yorke Ent. ( $58,990), move all kits, molds, patterns and manufacturing equipment from Atlanta, Ga. to Waskom, Tx. (East Texas). Other funds will be used for office and remodel for manufacturing/packaging.
Penny and I will do most the work in the beginning and eventually hire on a full time person and part time according to shipping /manufacturing needs. Staffing will be preferred handicapped and high school students.
We want to give back to our community by supporting schools and non-profits. We also want dedicate some profits to GoFundMe to help others as we have been helped.