Honeyb33s LLC | Application Preview
Honeyb33s LLC is seeking government grants to fund the establishment of a physical restaurant space. The funds will be allocated for building out a new kitchen and developing a unique design that will serve as a template for future franchise locations.
The business plan includes transitioning from an online restaurant model, which is more streamlined, to a brick-and-mortar format that will set the standard for other Honeyb33s locations.
One of the key reasons for approving this funding is the potential for Honeyb33s to expand into a chain of restaurants beyond the initial location.
Currently, the primary competition consists of local food trucks and restaurants situated in central Madison and Huntsville. However, Honeyb33s holds a competitive advantage by combining a full-size restaurant menu with the convenience of an online ordering system, creating a niche that has not yet been tapped by competitors.
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General Information
Business Registration Number: 86-1377429
Location: Huntsville, AL, United States
Length of Operation: First year
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Brick and mortar establishment and setup. Cost of building out new kitchen plus unique Honeyb33s design for franchising.
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Business Plan
The existing online restaurant will be the Honeyb33s lite version of the brick and mortar model that will be the standard model for our other restaurants to follow. Honeyb33s is just the first stage in an idea of restaurant chains.
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Self Identified Competition
Our biggest competitors are local food trucks and restaurants that are located closer to the center of Madison/Huntsville. Right now we don't have competitors that operate in our space. We offer a full size restaurant menu with the comfortability and ease of an online establishment.
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