American Renaissance Capital CORRESP Correspondence with SEC

Target	Investment		Revenue		Cash Flow		CF/Sale Price			EBITDA:	Assets		SBA	Owner Financed	# of Staff
Panorama Coin and Wholesale and real estate		3,200,000		256,160		225,160		7	%				SBA LOAN now			3
Market,Proerty,Income house		990,000		600,000		140,000		14	%			Real estate
Fine Community Market with Property for sale		1,090,000		900,000		190,000		17	%			Real estate	SBA
Stable Established Auto Repair		935,000		935,000		167,000		18	%			3,000				6
Leading Hazardous Waste Disposal For Sale - Marin County, California		1,200,000		933,103		244,690		20	%							8-FT
Janitorial Services Business For Sale - Santa Clara County, California		1,400,000		2,904,857		346,257		25	%	Contracted Janitorial Services To Semiconductor And Other Manufacturers, Biomed						52ft 12pt
Grocery Store For Sale		1,400,000		3,962,027		353,351		25	%			400,000	seller Financing
Profitable Towing Company		300,000		472,347		103,000		34	%			250,000		yes		5
Wheel Repair & Manufacturing		995,000		1,252,670		363,676		37	%			200,000				9
Industrial Controls and Instrumentation Company		1,600,000		2,808,892		591,534		37	%					Seller Financing
Established Pet Grooming Service		350,000		450,000		140,000		40	%					yes		1 full 4 PT
Market, Grocery Store, Hispanic		500,000		1,920,000		200,000		40	%			60,000
Grocery Store with great potential to grow		439,000		1,080,000		180,000		41	%
Highly Profitable Flooring Bus.- Increasing Sales		650,000		1,478,417		274,855		42	%			35,000		Seller Financing
High-End Consumer Electronics Brand and eCommerce Business		645,000		517,276		272,813		42	%	27281300%		120,000
Market, Meat, Produce, Groceries, Hispanic		175,000		600,000		78,000		45	%			25,000				6
Long Established, Profitable Print & Copy Shop For Sale - San Mateo County, California		675,000		576,908		307,409		46	%	SBA financing						4 ft
Highly Profitable Mexican Grocery With Growing Sales Reveune!		325,000		1,929,000		150,000		46	%			100,000
Vending Machine Route		140,000		150,190		65,435		47	%			8,100
Profitable Manufacturer Of Friction Materials & Brakes For Sale - Los Angeles, California		329,000		1,261,803		155,548		47	%	Seller Financed Business						1
Indian Grocery Store, High Gross, Very High Net		850,000		2,431,000		403,000		47	%			250,000				5
Gorgeous Super Market in RIverside		499,900		3,240,000		240,000		48	%	Seller Financing
Making Pet Store Established 37 years		335,000		645,138		165,000		49	%	64513800%		58,000				4
Profitable Truck Lift Gate Business		535,000		854,487		268,402		50	%					yes		3
Profitable Printing Company  140K SDE		280,000		4,284,959		141,653		51	%			15,000		yes		2
Pet grooming shop for sale		275,000		460,000		140,000		51	%							10
A High Profit Automotive Engine Rebuilding & Machine Shop		490,000		1,020,000		250,000		51	%			30,000		yes		8
Highly Profitable Vitamins & Nutritional Supplements Business For Sale		358,000		400,000		200,000		56	%	12000000%		100,000				3
Vitamin Retailer Franchise For Resale - Los Angeles County, California		104,500		285,000		60,000		57	%				ABSENTEE OWNERSHIP			3-PT
Trucking Business For Sale - Los Angeles County, California		259,000		540,259		150,000		58	%							5-FT
Pet Supply and Natural Pet Foods, Prime Location		89,000		139,000		52,800		59	%			20,000				2 PT
Town Car Transportation Business		199,500		500,000		120,000		60	%			43,500				6
Money-Making Home Medical Equipment		350,000		1,500,000		222,726		64	%			55,000	Consider buying both the business and the building on a single, long-term SBA loan. With SBA financing, you'll be able to acquire both with a low down payment and a low monthly payment that leaves you plenty of personal cash flow.			7
Automotive Lube and Repair For Sale		250,000		696,440		168,779		68	%							9
Kosher Market For Sale - Los Angeles County, California		349,000		1,700,000		240,000		69	%							7-FT, 1-PT
Steady money making bargain store		170,000		564,000		120,000		71	%			80,000
Air-conditioning/HVAC & Heating service Business 4 Sale		299,000		600,000		230,000		77	%							3
Semi absentee Run Market and good parking		100,000		840,000		84,000		84	%			60,000				6 PT
Grocery Market in Long Beach		120,000		600,000		108,000		90	%			30,000
Mini-Market/Convenience/Dollar Store -- Profitable! Owner Retiring!		62,000		400,000		60,000		97	%			35,000				1