B3: Beauty by the bridge | Application Preview
B3: Beauty by the Bridge is seeking government grants to facilitate a significant expansion by securing their own location, thereby eliminating rental costs. The funding will be utilized to renovate the new property in compliance with state board regulations, acquire upgraded equipment and products, and potentially hire an additional employee or trainee.
The business boasts over 20 years of experience and a loyal client base, making it a reliable candidate for funding. In terms of competition, they are up against establishments such as Black River Beauty Bar, Karas & Co Salon, and Standard Co Salon. However, B3 holds a competitive advantage by maintaining strong relationships with these competitors, including the head stylist’s role in training some of their top performers. The focus on delivering exceptional services and nurturing local talent further strengthens their position in the market.
-
General Information
Business Registration Number: 88-0905366
Location: North Street, MI, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
-
Funding Usage
Expand business and move locations to our own place to avoid having to pay rent.
-
Business Plan
Move locations to a property of our own. Renovate this space to meet state board requirements. Purchase new equipment and products. Take on at least one more employee and / or trainee. We have over 20 years experience with steady clientele.
-
Self Identified Competition
These would be institutions such as Black River Beauty Bar, Karas & Co Salon, and Standard Co Salon. We have a good working relationship with each of these. In fact, our head stylist trained several of their best performers. We pride ourselves on quality work as well as developing the best talent in the area.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
