Beast Mobile Automotive | Application Preview
Beast Mobile Automotive is seeking government grant funding to support its business expansion plans, which include a nationwide franchise rollout over the next five years. The company aims to establish a fleet of box trucks in Virginia and gradually expand westward, capitalizing on annual bike events for marketing and service opportunities.
The funding request totals $80,000, with sources of funding including personal equity of $15,000, investments of $40,000, and a term loan and line of credit. The funds will be allocated towards purchasing a building, equipment, vehicles, inventory, and a trademark, as well as marketing, working capital, and cash reserves.
The business positions itself to fill a gap in the market for on-site tire replacement services. Unlike competitors like Harley-Davidson, Tire Traxx, and Merchants Tires, which do not offer 24/7 roadside assistance or on-site services, Beast Mobile Automotive focuses on convenience and quality service. This unique offering will enable them to attract customers in urgent need of tire services, enhance their market reach, and establish commercial fleet accounts. By investing in their operations, the company aims to differentiate itself through better service quality and competitive pricing, establishing a strong presence in the mobile automotive service sector.
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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
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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
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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.
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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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Contact Applicant
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