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May 27, 2024, 8:58 am UTC

03009 | Government Grant Application

Beast Mobile Automotive | Application Preview

  • General Information

    Business Registration Number: 03009

    Location: Dutton, VA, United States

    Length of Operation: 1

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: YES

  • Funding Usage

    Sources and Uses of Funds Sources Term Loan Line of Credit Personal Equity 15,000 Outside Equity Investments 40,000 Total Sources 55000 Uses Purchase Building 7,000 Purchase Equipment 2,800 Purchase Vehicles 36,000 Purchase Trade Mark 100 Purchase Inventory 15,100 Marketing 2,000 Working Capital 12,000 Cash Reserve 5,000 Other Total Uses 80,000

  • Business Plan

    We plan to franchise our business nationwide over the coarse of the next five years. We would like to get a fleet of box trucks operating in Virginia and make our way west with expansion. Our business will constantly grow and can be marketed, advertised and put to service following bike events all around the national annually. Investing in On The Spot Tire will allow our company to expand further and begin servicing customers in need within this market, allowing us the ability to begin servicing people on the go in an emergency situation, and maintain a location to manage and organize larger projects such as custom motorcycle builds. This investment can allow On The Spot Tire an opportunity to begin reaching to target the automotive market on a mobilized basis and begin prospecting for the commercial fleet account possibilities with hopes to go beyond a local company but to go nationwide with emergency roadside assistance that goes far beyond a tow to town.

  • Self Identified Competition

    Harley-Davidson services motorcycles and tires but not on site, Tire Traxx services cars and trucks only and Merchants Tires services cars and trucks and delivers tires but does not offer on the spot services, None of our competition is offering 24/7 tire replacement services Our competition will only be able to compare to our prices and products that we use for our services. We have the added advantage against our competition with the quality of service rendered and our ability to service our customer at their convenience. Our competitors only offer one servicing facility set on servicing hours without roadside emergency services as an option if ever needed of a customer. Our competitors fall short when it comes to the ability to service motorcycles and automobiles at the convenience of the customer at a lower price and a better quality service compared to our competitors.

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