ACF capitalizes on a unique and profitable financing opportunity in the U.S. sub-prime, new motorcycle financing market. As of January 1st, 2017, ACF has 204 dealers in 15 states. 2016 garnered over $6.5MM in original loans, ending the year with a portfolio of over $7MM with losses of less than 1.6%.
With over 65 years of combined experience in dealerships, finance companies and credit risk management, ACF’s senior management believes it’s in their best interest to become part of Cardiff which provides them the financial platform to double their business over the next 12 months projecting their portfolio close to $20MM. The U.S. new motorcycle sales averages approximately $350MM annually, while used motorcycle sales exceed $1.3B annually. ACF was recognized by Power Sports Finance in December as one of the top 10 sub-prime lenders in 2016.
REPICCI’S ITALIAN ICE & GELATO
When Dominic Francesco Repicci immigrated from Messina, Italy to America in 1911, he brought his family’s Old World recipe for Italian ice. At first, Dominic shared his family’s delicious Italian treat with friends and neighbors in South Philadelphia. Today, Dominic’s grandson, Frank, continues his grandfather’s passion for offering quality Italian treats.
Franchising began in 2005, and today, Repicci’s is a 48+ unit franchise that owns and operates a manufacturing plant. Franchised deluxe Mercedes Benz food trucks were introduced in 2014 and have experienced great growth and represent significant future opportunity for the company.
Based in Birmingham, Alabama, Repicci’s offers new franchisees the opportunity to own a business, selling delicious Real Italian Ice, Gelato, Italian-Roasted Coffee and Hot Chocolate at events of all kind.
ROMEO’S NY PIZZA, INC.
Romeo’s NY Pizza – Established in Paterson, New Jersey in 1945. Romeo’s NY Pizza makes authentic NY pizza, making their dough in-house, using the finest cheese and ingredients available. No soggy crust or watered down pizza sauce, only the best. They also serve Chicken Wings, Philly Steak Subs, Calzones and Salads. Romeo’s NY Pizza is currently in negotiations to open a “quick serve” Romeo’s location in the Hartfield International Airport in Atlanta.
MISSION TUITION, LLC.
The Mission Tuition has built one of the largest merchant shopping networks in America consisting of all the top name merchants; offering in-store savings and coupon savings with local, regional and national merchants throughout America. With each purchase members earn rebates which goes directly into their educational savings account. Our Tax-Free educational savings program provides a platform for families to start an “educational savings” program that encourages regular and daily use of the program. The Mission Tuition program helps families save for college. Mission Tuition encourages members to contribute to their educational savings with contribution from work, family members or just rebates generated by online and in-store purchases.
AFFORDABLE HOUSING INITIATIVE (AHI)
AHI is located in Maryville, Tennessee. AHI acquires both mobile homes and mobile home parks offering an alternative to traditional housing. Their mobile home business is a popular option for a homeowner wishing to avoid large down payments, expensive maintenance costs, monthly mortgage payments and high property taxes. If bad credit is an issue preventing people from purchasing a traditional house, AHI will provide a financial leasing option with “0” interest on the lease providing a “lease to own” option for their family home. Most homes are 3 bedroom/2bath homes making the dream of owning a home possible.
EDGE VIEW PROPERTIES, LLC.
Edge View Properties consists of 30 prime acres of land; 23.5 acres zoned MDR (Medium Density Residential) with 12 lots already platted and 48 lots zoned HDR (High Density Residential), 4 acres of dedicated river front property zoned for recreation on the Salmon River, Idaho’s premier whitewater river and 2.5 acres zoned for commercial use. Current plans call for a Storage Facility and RV/Cabin timeshare units. All land is in the city limits of Salmon and adjacent to the Frank Church Wilderness Park (the largest wilderness park in the lower 48 states).
“I like being part of a public company, our partnership with Cardiff has been nothing short of great. They took the time to learn about my business and see the potential we have moving forward. I would love to franchise my restaurant chain and Cardiff provides me the expertise necessary to achieve my goals. Thanks, Romeo’s!”
– G. Romeo
“In our infancy stages, we needed money to expand. Partnering with Cardiff gave us a platform which allowed us to raise over $400,000 without losing control. Fortunately, we’d heard about Cardiff, and from our first meeting, we knew we wanted to partner with them.”
– K. Steinbach, AHI