JJ Vespa Parking Corporation | Application Preview
JJ Vespa Parking Corporation is seeking government grants to address financial challenges in the 2024 business year. The requested funding will help cover increased City and garage rental fees in Miami Beach, FL, along with rising insurance premiums. Additionally, grant support will aid payroll to ensure fair compensation for employees.
The business plan outlines the potential for expansion into additional properties, which would create more job opportunities. With the growth of the real estate market in Miami, valet parking services are in demand and present a strong business opportunity.
JJ Vespa highlights its long-standing commitment to integrity and exceptional customer experience over its 11 years of operation. The owner expresses pride in establishing a trustworthy company that leaves a positive first impression for clients. As an immigrant, building this business from the ground up has been a significant achievement despite various challenges.
In terms of competition, the company faces pressure from rideshare services like Uber, which can sway customers away from traditional rental and parking options. However, JJ Vespa's competitive edge lies in its clean record and dedication to honest business practices, which are uncommon in the industry. The owner emphasizes a commitment to operating ethically, distinguishing the company as a local Miami business as opposed to larger firms from other states.
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General Information
Business Registration Number: 46-2248702
Location: Miami, FL, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $250k to $500k
Open to Loans: NO
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Funding Usage
Currently due to the 2024 business year being more challenging than anticipated I need help funding for increased City/Garage Rental fees (Miami Beach FL) as well as insurance premium increases. Payroll would also be supported through Grant Funding to ensure timely and fair pay rates.
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Business Plan
If the proper funding would be allocated I would have the ability to branch out to additional properties in turn being able to employee more individuals. Valet parking in general is an ever growing business in the Miami market especially with the real estate marketing growing. As a proud business owner of 11+ years I have been able to sustain the integrity and customer experience commitment that is demanded from properties. I take pride in ensuring property owners/managers feel comfortable with the choice they have made for my company to be the first impression at their locations. As an immigrant this has been my dream to be successful in a business made from scratch and withstanding my obstacles through the years.
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Self Identified Competition
- Uber (customers choosing to Uber vs rent a car while on vacation) The difference is a clean record and honest business practices. It is rare to see a business owner not have any infractions especially when it comes to the valet parking/parking business in Miami. All operations through the past 11 years have been led by the book because that is a foundation I have set. I am also a small Miami based company vs a company who has come from states like NY and California who have tried to infiltrate the area.
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Contact Applicant
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