Coast to Coast Linens
Coast to Coast currently operates 3 laundries with $20m of revenues and intends to develop additional laundries in high-demand markets using a combination of in-house equity and EB-5 capital
• Each laundry will cost $5.0M to $8.0M to build and will be located in markets with large numbers of first-class hotels and resorts
• Coast to Coast will invest between 20% and 50% of required equity and will seek equity partners (EB-5 and conventional) to co-invest on each project
• Coast to Coast will either manage the properties or will partner with a local management company (if available)
• Laundries are an excellent Direct EB-5 investment option because they are very labor-intensive and are typically located in Targeted Employment Areas
Each laundry will employ between 100 and 200 full-time workers
Because we sponsor small projects, invest our own capital, and employ sufficient workers without using "multipliers", our projects are very simple and straightforward - we do not charge Syndication Fees of any sort, and do not use Regional Centers or Economic Impact Models. Anyone investing in one of our projects is treated as a true partner.
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