Cake Motorsports llc | Application Preview
Cake Motorsports LLC is seeking government grant funding to address several key areas for growth and stability. The funds will be allocated to settle debts incurred by a former employee, hire new staff, upgrade equipment, consolidate existing debts, repair a company vehicle, and cover overhead costs for three months following a temporary shutdown due to illness.
The business plan includes purchasing the currently leased property, expanding the workforce, acquiring more efficient equipment, and launching an online store to reach a broader customer base.
The applicant emphasizes their qualifications, highlighting over a decade of experience in the automotive sector and a strong reputation both locally and nationally, particularly within the European automotive performance and repair market. With a consistent 5-star rating across social media platforms for three years, Cake Motorsports has established itself as a trusted name in the community.
There is a notable absence of competition within a 30-mile radius, as the business provides unique automotive services that cater specifically to European vehicles. The competitive edge lies in their expertise in servicing various European brands, offering high-performance solutions, fabrication capabilities, and personalized customer relationships. This unique positioning strengthens their case for receiving the requested funding.
-
General Information
Business Registration Number: 12161
Location: Seneca, SC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
-
Funding Usage
I plan to use the funds to pay off debts created by a former employee, to hire new employees, update some equipment, consolidate debt, repair company vehicle, cover overhead expenses for 3 months while recovering from a temporary shut down due to sickness.
-
Business Plan
I plan to purchase the property I am currently leasing, Increase staff, purchase more efficient equipment, and open an online store. I am a young ambitious individual with over 10 years experience in the automotive industry. I'm a well known, trustworthy individual with a wonderful reputation in the community and surrounding areas, as well as all across the country specifically in the European automotive performance and repair industry. I have maintained a 5star rating on all social platforms for 3 years. My business is very unique and high in demand for local residents, offering automotive maintenance, repair, fabrication, and performance services of all makes, specializing in European automobiles. We have no competition with-in 30 miles.
-
Self Identified Competition
I have no competition, I offer special services in the automotive industry which are not offered elsewhere in our community. Our skill and knowledge to service all European makes. We offer hi performance services. We offer fabrication services. We have a one on one connection with every client.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
