Development of Transport Services
Donation protected
1. Who we are: The company's management staff includes John Mahinis, who has extensive experience within the business industry, George Baker, who has provided Quality Management services to small companies for twenty years, Omar Guelleh, who has been involved with the transportation and logistics business in Djibouti for over ten years, and George M. Baker II, who brings a vast knowledge of facility maintenance and operations. These four men will provide the business and logistical support for the business. It is Djibouti Travel Center's long-term goal to create multiple service centers within the East Africa area to service the Djibouti commercial traffic and create a brand awareness that transcends country borders.
2. Where we are from: John Mahinis, George Baker, and George Baker II are United States citizens. Omar Guelleh is a Djiboutian citizen.
3. Your relationship to the parties you're raising funds for: I am an owner/operator of the company.
4. How the funds will be spent (be specific as possible):
Figure 1. Use of Funds
Working Capital (Special Account set up by MACK Trucks) $998,000
This Special Account was set up by MACK Trucks using 2% of theSale of 500 trucks to G.B. Transportation Services, S.A.R.L.(Parts and Equipment)
Workshop Facility to handle all warranty issues with the initial 500Trucks
Inventories (Travel Ctr.) (Maintenance Facility) $750,000
This item includes all consumables not associated with equipment or tools
Land $350,000
Land Development / Paving / Security Wall $600,000
Highway Improvements (Leading into and around the property) $350,000
Building $5,000,000
Pre-Paid Expenses $250,000
Gasoline Facility $200,000
Diesel Facility $390,000
Equipment (Travel Ctr.) $265,000
Equipment (Restaurant) $350,000
Contingency $200,000
Operating Expenses (First Year) $1,460,000
Scales $350,000
TOTAL START UP TABLE OF FUNDS $11,513,000
This venture will contribute to the Djiboutian economy by having a substantial impact on the unemployment rate in Djibouti, while contributing to Djibouti's commitment to enhance its ability to tranpsort goods from Djibouti to Ethiopia and vice versa.
This seed money will enable us to secure the mezzanine loan needed to further secure the lion's share of funding required for the project.
Interested parties shall be free to speak to our prospective lenders about all details of the project.
Your support is invaluable and may result in your owning a portion of the company or it may result in a particular return on your investment. We are very receptive to suggestions for terms for repayment.
G.B. Transportation Services, S.A.R.L. is intended to be the major transportation carrier in Djibouti, Africa. It will consist of a fleet of 500 MACK Trucks designed specifically for the Horn of Africa environment and terrain. Djibouti Transportation Services and the Djibouti Travel Center fall under the umbrella of the G.B. Transportation Services, S.A.R.L. owned and operated by John Mahinis, George Baker, Bouh Idriss Omar Guelleh, and George M. Baker II.
Djibouti Travel Center is a start-up company whose management perceives a growing demand for commercial vehicle services within the East Africa area (Djibouti, Ethiopia, Somalia, and Kenya). The company's management staff includes John Mahinis, who has extensive experience within the business industry, George Baker, who has provided Quality Management services to small companies for twenty years, Omar Guelleh, whose has been involved with the transportation and logistics business in Djibouti for over ten years, and George M. Baker II, who brings a vast knowledge of facility maintenance and operations. These four men will provide the business and logistical support for the business. It is Djibouti Travel Center's long-term goal to create multiple service centers within the East Africa area to service the Djibouti commercial traffic and create a brand awareness that transcends country borders.
Based on value of service, trucking (excluding warehousing and logistics) accounted for 70% to 80% of Djibouti commercial freight revenues in 2012. The reason for this large, percentage of revenue is due to the fact that all freight leaving the Port of Djibouti into the Horn of Africa, is transported by trucks going into the local market or transported to the surrounding countries.
2. Where we are from: John Mahinis, George Baker, and George Baker II are United States citizens. Omar Guelleh is a Djiboutian citizen.
3. Your relationship to the parties you're raising funds for: I am an owner/operator of the company.
4. How the funds will be spent (be specific as possible):
Figure 1. Use of Funds
Working Capital (Special Account set up by MACK Trucks) $998,000
This Special Account was set up by MACK Trucks using 2% of theSale of 500 trucks to G.B. Transportation Services, S.A.R.L.(Parts and Equipment)
Workshop Facility to handle all warranty issues with the initial 500Trucks
Inventories (Travel Ctr.) (Maintenance Facility) $750,000
This item includes all consumables not associated with equipment or tools
Land $350,000
Land Development / Paving / Security Wall $600,000
Highway Improvements (Leading into and around the property) $350,000
Building $5,000,000
Pre-Paid Expenses $250,000
Gasoline Facility $200,000
Diesel Facility $390,000
Equipment (Travel Ctr.) $265,000
Equipment (Restaurant) $350,000
Contingency $200,000
Operating Expenses (First Year) $1,460,000
Scales $350,000
TOTAL START UP TABLE OF FUNDS $11,513,000
This venture will contribute to the Djiboutian economy by having a substantial impact on the unemployment rate in Djibouti, while contributing to Djibouti's commitment to enhance its ability to tranpsort goods from Djibouti to Ethiopia and vice versa.
This seed money will enable us to secure the mezzanine loan needed to further secure the lion's share of funding required for the project.
Interested parties shall be free to speak to our prospective lenders about all details of the project.
Your support is invaluable and may result in your owning a portion of the company or it may result in a particular return on your investment. We are very receptive to suggestions for terms for repayment.
G.B. Transportation Services, S.A.R.L. is intended to be the major transportation carrier in Djibouti, Africa. It will consist of a fleet of 500 MACK Trucks designed specifically for the Horn of Africa environment and terrain. Djibouti Transportation Services and the Djibouti Travel Center fall under the umbrella of the G.B. Transportation Services, S.A.R.L. owned and operated by John Mahinis, George Baker, Bouh Idriss Omar Guelleh, and George M. Baker II.
Djibouti Travel Center is a start-up company whose management perceives a growing demand for commercial vehicle services within the East Africa area (Djibouti, Ethiopia, Somalia, and Kenya). The company's management staff includes John Mahinis, who has extensive experience within the business industry, George Baker, who has provided Quality Management services to small companies for twenty years, Omar Guelleh, whose has been involved with the transportation and logistics business in Djibouti for over ten years, and George M. Baker II, who brings a vast knowledge of facility maintenance and operations. These four men will provide the business and logistical support for the business. It is Djibouti Travel Center's long-term goal to create multiple service centers within the East Africa area to service the Djibouti commercial traffic and create a brand awareness that transcends country borders.
Based on value of service, trucking (excluding warehousing and logistics) accounted for 70% to 80% of Djibouti commercial freight revenues in 2012. The reason for this large, percentage of revenue is due to the fact that all freight leaving the Port of Djibouti into the Horn of Africa, is transported by trucks going into the local market or transported to the surrounding countries.
Organiser
John Mahinis
Organiser
