No Limit Beauty Supply LLC | Application Preview
No Limit Beauty Supply LLC is seeking government grants to increase inventory and strengthen relationships with vendors. The company's vision for the next five years involves expanding its workforce and consistently meeting the needs of the growing local population.
The grant funding is justified by the clear community need for a local beauty supply store, as current options require residents and professionals to travel 15 to 20 minutes or order online, facing delays. As a newly established business, the funding would support local supply and demand and potentially draw customers from nearby areas.
In terms of competition, No Limit Beauty Supply LLC has no direct rivals in the vicinity, making it the first dedicated beauty supply store in town. While there are general stores like Family Dollar and Dollar General, they do not offer the extensive range of products needed by cosmetologists and barbers. This unique position gives No Limit Beauty Supply LLC a significant competitive advantage in the market.
-
General Information
Business Registration Number: 115678178
Location: Clover, SC, 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
The requested funding amount is being requested to obtain more inventory and possibly build repor with vendors and suppliers
-
Business Plan
The plan/vision to grow the business in the next 5 years includes expanding to employ more individuals and to start and to continue to supply the needs of the growing town. The investors should invest in No Limit Beauty Supply LLC as it is a need in the community. There is not a local beauty supply store that provides supplies for the local cosmetologist, barbers or all cultures. Cosmetologists, barbers and local residents currently have to drive 15 to 20 minutes to the next town over or order the products online and wait for delivery. No Limit Beauty Supply LLC is a new start up business. The funding, if the investors would invest in the business, would go towards the supply and demand of the community. And possibly attract business from surrounding areas.
-
Self Identified Competition
There are currently no competitors in the area. The nearest beauty supply store is about 15 to 20 minutes away. No Limit Beauty Supply LLC is a brick and mortar located in town. This would the first actually beauty supply store in the town. There is the local Family Dollar and Dollar General and Dollar store, however they do not have all of the beauty supplies for cosmetologists and barbers. There are currently no direct competitors as No Limit Beauty Supply LLC is the only beauty supply store in town.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
