Prince's Subs

Prince's Subs

Fresh Subs

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Security Type
Secured Loan
Categories
Hospitality
Min Investment
$100
Location
Leavittsburg, OH
Offering Date
September 20, 2021
Expected Close Date
November 09, 2021
Target Raise
$25.00K-$35.00K
Security Price
$1

Company Description

We provide our community with the nostalgic taste of Warren, Ohio's Prince's Subs. Prince's Subs started back in the 1950s. People who know and love them remember going to Elm Rd across from Harding High School. The smell of onions, the distinct taste of the pickle, white butcher paper, and rubber band was all part of the experience. We currently offer the original sub and meatball sub, with hopes of offering more as we grow.

Key Deal Facts

We are excited to be keeping the memory of Prince's Subs alive for our community. The subs original home was across from Harding High School in Warren, Ohio.

Management Team / Advisory Board Bios

Jim and Danette Antes, Owners
Dannette is a retired x-ray tech and current caretaker of the local community center. She has a passion for taking care of people and her community. She is committed to her family and her Christian values. Jim has a background in sales and campaign management, leading teams raising up to $3.2 million. He has been an official for community soccer and basketball teams for the last 19 years. He shares Dannette's sense of community and Christian values.
Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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