Rachel p enterprise | Application Preview
Rachel P Enterprise is applying for government grants to support payroll during the COVID-19 pandemic, as well as cover various operational expenses including rent, insurance, utilities, credit card payments, taxes, and marketing. The business has plans to expand by opening another location later this year, adding more services and stylists to the current site.
The application emphasizes the company's strong cash flow, a solid customer base, and a willingness among clients to pay for upscale salon services. Rachel P Enterprise is framed as a leading salon in its area, having operated longer than competitors and rapidly growing its loyal clientele.
In terms of competition, while there are a few nearby salons, none offer the comprehensive services provided by Rachel P Enterprise, which boasts a fully licensed staff and a diverse range of upscale offerings. This includes spray tanning, facials, waxing, eyelash extensions, and a boutique for clothing and accessories. The salon primarily attracts a wealthy female clientele, who visit regularly for their beauty needs, positioning Rachel P Enterprise as the only upscale salon in Tulsa with certified stylists.
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General Information
Business Registration Number: 81-2617379
Location: Jenks, OK, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
For payroll for the employees during this covid-19 Rent/insurance/internet/gas/electric/credit card payments/taxes/marketing ect.
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Business Plan
We have plans to open another location twards the end of the year. Add services and add stylist to current location We are a solid business with great cash flow! We have a great target market and customers that a willing to pay more for for a upscale service and salon experience! We have a loyal customer base that if growing rapidly as we are the premier salon and have been operating longer than any competitors!
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Self Identified Competition
We have a couple competitors but none have a full staff licensed and at typically a couple beds in the back of a hair salon! We are the only upsacale salon in our area! We are the only upscale salon in tulsa that has trained and certified stylists! We do spray tan/facials/waxing/eyelash extensions/eyebrow tinting and also have a clothing and accessory boutique! We have only wealthy women that come to our salon weekly religiously!
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Contact Applicant
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