11/23/2022
Elements Car Wash LLC is a new venture, planning to disrupt the Car Wash industry through use of Innovative Technology and the Power of the Elements of Nature. We will be using renewable energy sources to power the very first eco-friendly high tech car wash in Tolland, CT. [detailed Investor Presentation upon request]
Through our KeyBank Business Relationship, we can offer three levels of investment:
1. KeyBank Business CD with deposit of $50,000 for the term of 24 Months.
2. KeyBank Business Jumbo CD with deposit of $100,000 for the term of 36 Months.
3. Key Gold Money Market Savings® Account with minimum deposit of $50,000, no term limit.
Elements Car Wash LLC will guarantee and pay a Return on Investment (ROI) in addition to the KeyBank offered Annual Percentage Yield for each CD at the end of the term:
1. KeyBank Business CD: Five (5) percent per Annum, paid by Elements Car Wash LLC.
2. KeyBank Business Jumbo CD: Ten (10) percent per Annum, paid by Elements Car Wash LLC.
The third option, the Key Gold Money Market Savings Account (MMSA), will allow Investors to become Elements Partner Investors. They will receive a competitive variable interest rate that’s tiered based on their balance. The account provides daily compounded interest to maximize earnings.
In addition, Elements Car Wash LLC will guarantee and pay Five (5) percent of ROI per annum and a Profit-sharing percentage of Five (5) percent per annum, both paid at the end of the fiscal year. Investors that contribute $5,000 on automatic contribution each Month, will receive an additional One (1) percent of ROI every 12 Months after starting the automatic contributions.
All funds invested will be deposited in the Elements Car Wash LLC KeyBank Business Relationship Account. Investors will receive detailed account information with their contribution and associated balance. Deposited funds are made available to Elements Car Wash LLC for use in acquisition of the land in Tolland, our interest payments reserve fund, and operational expenses. Any additional financing necessary to acquire the land will be obtained through Key Bank.
The remaining funding of the Elements Car Wash Tolland project, when necessary, will be covered through Small Business Administration Financing. (Five year proforma and projected P&L available upon request)
Contact us for more information.