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May 18, 2024, 11:33 pm UTC

83-3715805 | Government Grant Application

M&J Higuera Co. DBA Osso Buco Ristorante | Application Preview

  • General Information

    Business Registration Number: 83-3715805

    Location: Wausau, WI, United States

    Length of Operation: 1-5

    Number of Employees: 11-25 Employees

    Annual Gross Income: $100k to $250k

    Annual Gross Expense: $100k to $250k

    Open to Loans: NO

  • Funding Usage

    Relocating my business to a new location. Funding would be for purchasing fixed equipment; ie. hood/fire suppression systems, walk in refrigerator/freezer, some cooling equipment, bar and remodel.

  • Business Plan

    In relocating my business, I will be located at a high visibility location. This will provide higher traffic and exposure brought in from new location, as well as adjoining businesses. With updating to a new location, with new equipment and plumbing, repair costs will be lower. I also plan on using the new layout more efficiently to improve services and offerings. I plan to use some of the added income to increase marketing and advertizement. I have operated my restaurant for 18 months with successful sales. We are providing a unique and much needed option for my local area from Wausau, Weston and adjacent communities. I have provided employment opportunities for local residents, schools and youth programs with a payroll of over $50,000 per year. My sales have continued to increase as word of mouth referrals increase on a daily basis. I am using social media outlets to advertise my product on a daily basis. All my product is made on premises from sauces to desserts.

  • Self Identified Competition

    Ciao- in Italian restaurant downtown Wausau, with slightly similar options and prices. The Olive Garden- Rib Mountain Carmelo's Italian - Rib Mountain My business is providing a higher quality product at comparable prices at a location that is accessible to not only Wausau and Rib Mountain residents, but to the communities of Weston, Schofield, Rothschild and Ringle. We have customers coming from Merrill, Stevens Point/Plover and Marshfield.

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