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Tantalum Ltd

A Property Management Strategy where we rent to Coin Operated Laundromat Franchises who are recession resilient.

  • Stage $500K in TTM Revenue
  • Industry Retailing / Distribution
  • Location Cary, NC, USA
  • Currency USD
  • Founded January 1980
  • Employees 6
  • Website

Company Summary

Our Sponsor is the owner of Mini Maxi Self Storage (50k sq ft in Fayetteville, NC) and Coin Laundromat in Leland, NC. He has good credit and a net worth over $1.6 mill. He has two expansion projects for these locations underway and has identified four “Mega Store” Laundromat locations in North Carolina. Our total desired project funding is $1.25 mill where our stores will pay us a Franchise fee of 6% and rent at $16.50 /sq ft.