Kind Bomb LLC | Application Preview
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General Information
Business Registration Number: 87-2071137
Location: Norwalk, OH, 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
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Funding Usage
Funding would be used to restore the second floor of a historic building on main st. Restoration would include the construction of 2 -2 bedroom apartment units with a shared laundry space. The second floor is currently empty and in a state of demolition. Prior owners demoed the old units but never completed the new. New windows, heating and ac are goals for the second floor and possibly the 3rd floor which is a old ballroom. The 3rd floor has boarded up windows and no heat.
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Business Plan
Plans for this commercial business long-term include renovations for the third floor for dance or gym rental space. 2 uptown apartments on the second floor and a renovation of the current first floor event space into a bakery and retail space. I am passionate about driving traffic and tourism to our uptown Main Street community. The addition of the rental units on the second floor not only provide much needed housing for our city, but also provide income to grow the event space. With a positive income flow, the event space will be available for non for profit agencies to utilize without charging.
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Self Identified Competition
Competitors for event space include Eagles club, Parks and rec spaces (various) and Sandy Ridge Vineyards. The building I am trying to aquire is in the heart of our historical Main Street. It is one of few buildings that can house rental units on the upper floors due to both separate front entrances from the first floor business space and fire escapes for both upper floors. The completion of these units would provide a reliable revenue stream.
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Contact Applicant
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