AS SIDHU LLC | Application Preview
AS SIDHU LLC is seeking government grants to support its goal of establishing an independent trucking business. The owner currently works as a driver and envisions purchasing a used commercial truck to initiate long-haul operations. The plan includes hiring an additional driver to maximize productivity and generate income for both parties.
In the first year, the owner intends to buy a used truck with high mileage, followed by a new semi-truck after six months, which would enable the hiring of two drivers. The owner also plans to acquire land for truck parking to create an additional revenue stream, eventually leading to investments in gas stations in California.
The application emphasizes the owner's background as a South Asian minority in the U.S., highlighting the desire to achieve the American Dream and the need for capital to realize this vision. The owner underscores a commitment to safety and employee well-being, aiming to create a respectful work environment, in contrast to larger competitors like UPS and FedEx.
The competitive advantage is rooted in personal experience, having worked various jobs, including at gas stations. The owner assures potential investors that their funds will be responsibly managed, with the ambition to create lasting jobs and contribute positively to the community.
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General Information
Business Registration Number: 202032910455
Location: Stockton, CA, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I am a driver for someone right now. I want to buy my own truck and work for myself. I also would like to hire an employee along with me so that my truck can work without stopping on long hauls. That way I will be able to earn for myself but also be able to provide employment to one other person. After that, I would like to expand my business.
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Business Plan
My first year, I am planning to buy one used commercial truck that has 300,000 plus miles on it and drive it long haul. After 6 months, I will buy a new commercial semi-truck and employee two people who will drive that truck on long hauls. After that, I plan on buying on a few acres of land for truck parking. The yard I park in right now charges $180/month for truck parking and about 250 trucks park there. This will become my source of income as well in two years. After paying off for the land, I want to invest money in a gas station and expand my business. I want to buy a few chains of gas stations in California. Investors should invest in my business plan because I am a South Asian man in the United States of America. I am a minority and would like to make my American Dream come true. I have the plan and the passion. All I need is some money to invest in my business in order to reach my ultimate goal of financial freedom.
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Self Identified Competition
My top 3 competitors at the moment in the field of trucking are UPS, Fedex and J.B. Hunt. They are big corporations and I have seen videos of UPS drivers getting bit by dogs when they go for deliveries. I want to create a company where my drivers feel safe and I want to treat them like my own family. I believe that at the end of the day, we are all humans made of the same elements and that we all deserve respect and love. Private funding organizations and investors should invest in my business plan instead of my competitors because I have been at the ground level myself for years and and know what it feels like to be an employee. I have worked at gas stations and cleaned toilets when attending school. I can ensure my investors that the money they will invest will be treated well and will be put to good use. This grant will create jobs for years to come.
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Contact Applicant
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