Local Public Offering:
An Investment Opportunity
Maurer’s Minute Mechanic, Inc. is issuing up to $100,000 of Revenue Sharing Agreements through a Local Public Offering approved for NC residents.
The Revenue Share Agreements entitle the Investor to receive their pro rata share of 10% of the total gross revenue collected by the Company each fiscal quarter, commencing with the fifth fiscal quarter immediately following the Initial Closing of the Offering, until such time as the Investor has received payments totaling the aggregate 1.5 times such Investor’s original investment amount. For example, an investor who has subscribed $2,000 will participate in the revenue sharing until receiving a total of $3,000 in disbursements from Company, which represents the initial $2,000 investment returned and an additional $1,000. For more information about our Local Public Offering please see our Disclosure Document.
My Minute Mechanic
Maurer’s Minute Mechanic, Inc. plans to build, own and operate proprietary, self-service kiosks that enable automobile users to determine the cause of a “check engine” warning light displayed on an automobile dashboard. The Company’s kiosk, which is called My Minute Mechanic, provides 24/7 access and is available on a fee basis that is significantly lower than repair shop charges. The Company is a newly formed North Carolina corporation based in Winterville, NC.
The Company will place My Minute Mechanic kiosks at locations convenient to motorists to address the urgent need to know what the dashboard engine light signifies. Revenue received from kiosk use will be shared with the owner of the site (convenience store, gas station, car wash, auto parts store, etc.). A typical charge will be $10 for single use.
The Company intends to target facilities with multiple locations including the major brand gas stations and convenience stores.
Additional fees may be earned from targeted advertising on the kiosk. For example, a convenience store may advertise drink and meal specials.
Use of funds
Funds raised through our Local Public Offering will be used to complete our prototype development and begin installing My Minute Mechanic kiosks in the Greenville, NC area.
Please review our Disclosure Document for a more detailed discussion of how we plan to use the proceeds from this offering.
Additional details on our offering, use of funds, business model, and more can be found in our Disclosure Document.
We’d love to chat! Connect with us below or email us directly at info@MaurersMinuteMechanic.com