IM2 Gaming LLC | Application Preview
IM2 Gaming LLC is seeking government grants to support its operations and growth. The total funding request amounts to $100,000 and is detailed as follows:
- $21,000 for computers for a gaming team of seven.
- $10,000 for computer merchandise.
- $9,000 for trading card merchandise.
- $20,000 to cover salaries for the two owners, allowing for bills to be paid at $400 each per week.
- $12,000 for six months of rent.
- $10,000 for legal fees, insurance, advertising, and security setup.
- $18,000 for startup equipment, including point-of-sale systems, utilities, and tools for business operations.
The business plan emphasizes establishing multiple gaming teams and reinvesting profits to expand and open more locations across the country.
IM2 Gaming LLC believes it stands out in the competitive landscape, which includes established players like Best Buy, Gamestop, and Video Games Etc. Their competitive edge lies in delivering exceptional customer service, fostering a community atmosphere, and providing assistance when needed, thereby enhancing the overall customer experience. The team is dedicated and enthusiastic about their venture and is committed to making it a success.
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General Information
Business Registration Number: 85-3238164
Location: Dubuque, IA, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
we will need $21,000 for computers for our gaming team for 7 people. we will need $10,000 for computer merchandise, $9,000 for trading card merchandise, $20,000 for the two owners to get paid and be able to pay their bills at $400 a week each, $12,000 for rent for 6 months, $10,000 for Lawyers/insurance/Advertising/Security setup, $18,000 for startup equipment such as point of sale systems all materials needed to run the business, utilities cost, and tools for the business so we can work on computers
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Business Plan
we have multiple ways we want to have multiple gaming teams, also by putting the money back into the business and leaving only enough to pay the owners bills, so we can continue to upgrade and open multiple locations nationwide we are a great up and coming company we are excited to be on this adventure and are putting 110 percent of our energy into making it work, we have great ideas for expansion and getting into new ways of retail and even new income sources.
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Self Identified Competition
our top 3 competitors would be Best Buy which is a national company that is well established same goes with Gamestop, and Video Games Etc. we will be focused on satisfying every customer and giving them the experience of a true small business we will take everything they want and do our best to portray that for them. we will be a community for people to rely on when they need help and can come to in emergencies.
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Contact Applicant
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