Wayne | Application Preview
Wayne's grant application outlines his need for funding to expand his auto repair business due to overwhelming demand and insufficient space. He is currently developing six additional bays and plans to hire three more employees, with hopes to add six more bays within five years if growth continues at its current pace.
Wayne's business history includes founding his first auto repair shop in October 2012, during which he received the Employer of Excellence award from Texas Workforce and the Business of the Year award from his city. After selling that business to a partner, he has successfully grown his new shop with little advertising, indicating strong market demand. He holds advanced education and certifications from Ford Motor Company, positioning him as a highly skilled technician and business manager.
In terms of competition, Wayne notes a local rival, which is limited in expansion due to its location. There is another opportunity to acquire a nearby shop, as its owner plans to retire next year. Wayne's competitive advantage lies in his active community involvement, which includes assisting families in need by providing vehicles and supporting local initiatives. His reputation within the community enhances his business's visibility and customer loyalty.
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General Information
Business Registration Number: Wayne
Location: Burkburnett, TX, United States
Length of Operation: 2 years 3 months at
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
expanding my shop and new equipment, I am drowning in work and not enough space to do it
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Business Plan
I am building an additional 6 bays now and hiring 3 more people I am hoping to add 6 more bays in the next five years. If the growth of my company continues as it has since I opened that will be a must. I opened my first auto repair shop in Oct.2012 with that company I won Employer of Excellence by Texas work force, and business of the year by my city. I sold that business to my business partner so I could fly solo. With very minimal advertising I have completely out grown my 4 bay shop. I am educated by Ford motor company as a mechanic I am a senior master tech. But while I was at Ford I also Have Masters in Service Manager, Service Advisor, Parts Manager, and Customer Relations. I was told if I wanted anymore education in 2010 I would have to change careers. I have been successful as a business man ever since
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Self Identified Competition
My ex business partner that is stuck in a land locked 4 bay shop with no chance of expanding due to location. The other shop here in town was offered to me to purchase Ken is wanting to retire next year. Me being so active in my community. I give cars to families in need. I support our local people and the community hears about the things I do.
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Contact Applicant
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