Wilders Corner LLC | Application Preview
Wilders Corner LLC is seeking government grant funding to support the final stages of launching a locally focused grocery and deli in Smithfield, Kentucky. The requested funds will be used for essential equipment purchases and operating capital needed to complete renovations and open the business.
The company has already invested nearly $100,000 in remodeling a historic building and aims to create not just a grocery store, but a community hub. Their business model centers on local sourcing, offering fresh and unique products from nearby farmers, producers, and artisans. They plan to provide specialty and diet-specific items, host local events like cooking classes and farmers markets, and offer customizable meals through their deli to meet a range of customer preferences.
Wilders Corner differentiates itself from larger chain competitors like Save-A-Lot, IGA, and Dollar General by offering personalized service, a curated selection of fresh and locally made goods, and deep community engagement. They're strategically positioned to meet the daily needs of rural residents while fostering strong ties within the community.
Community response has been overwhelmingly positive, with strong local anticipation for the store's opening. The company highlights its commitment to preserving the character of the historic building, boosting local economic growth, and improving access to healthy food options. Their plan combines entrepreneurship with a mission to revitalize a local landmark and strengthen community ties, making the case for funding based on both economic and social impact.
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General Information
Business Registration Number: 99-1969817
Location: Smithfield, KY, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
equipment and operating capital
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Business Plan
Local Sourcing: Let's partner with local farmers, producers, and artisans to offer an extensive range of locally sourced products. This not only supports the local economy but also provides our customers with fresh and unique items they won't find elsewhere. 2. Unleashing Specialty Items: We can identify niche products and specialty items that may not be readily available in our area. By offering organic, gluten-free, or gourmet products catering to specific dietary preferences or food trends, we establish ourselves as the go-to destination for unique and specialized offerings. 3. Creating Community Events: Let's go beyond being just a grocery/deli and become a community hub. By hosting events such as farmers' markets, cooking classes, or tasting sessions, we actively engage with the community and attract customers. This creates a sense of belonging and encourages loyalty among locals. 4. Promoting Fresh and Prepared Foods: We have a golden opportunity to emphasize the freshness and quality of our deli offerings. By providing freshly prepared sandwiches, salads, and ready-to-eat meals, we appeal to customers looking for convenient yet wholesome options. 5. Empowering Customization: Let's empower our customers by allowing them to customize their orders, whether it's sandwiches, salads, or deli platters. Offering a variety of options ensures that every customer can find something that perfectly suits their tastes, fostering loyalty and satisfaction. 6. Building Community Engagement: Our active engagement with the community is vital for our growth. We need to actively participate in social media, local events, and sponsorships to increase our visibility and attract customers. By being involved in community initiatives, we foster goodwill and create a strong bond with our audience. We have a clear mission to breathe new life into the historic landmark situated in the charming city of Smithfield, KY. Our approach is twofold - not only are we dedicated to preserving the site's aesthetic appeal to seamlessly blend with the town's unique character, but we are also committed to providing an essential service that the local community needs. By doing so, we aim to contribute to the city's economic development and growth. Our Vision is clear- we strive to become the ultimate destination for all small grocery needs in Smithfield, KY. Moreover, we aspire to create a cozy and inviting environment that serves as a gathering spot for locals to enjoy delicious breakfast and lunch options. By combining convenience and community, we intend to establish ourselves as the go-to location that satisfies both practical and social needs. We have the community support and already have a lot of engagement. Our whole county is excited for the store to open. We have invested nearly $100,000 cash into the remodel and equipment thus far and just need a little help getting to the end.
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Self Identified Competition
Save a lot, IGA, Dollar General. Combatting Competition from Big Box Retailers: The expansion of larger supermarket chains and big-box retailers into rural areas poses a challenge. To stay competitive, we must differentiate ourselves through exceptional customer service, curated product offerings, and a strong connection to the local community. Wilders Corner LLC stands out in the market for several compelling reasons: 1. Personalized Service: We take pride in providing exceptional personalized service to our valued customers. Our attentive staff is dedicated to getting to know our customers, their preferences, and their needs. By going the extra mile, we enhance the shopping experience and build strong relationships, fostering loyalty and trust. 2. Local Sourcing and Freshness: At Wilders Corner LLC, we prioritize sourcing our products locally to ensure the highest quality and freshness. By collaborating with local farmers and producers, we offer a wide range of seasonal, locally sourced produce, meats, and other products. This allows us to provide our customers with the freshest ingredients while supporting the local economy. Convenience: Living in a rural area should never be an obstacle to accessing everyday essentials. That's why Wilders Corner LLC is conveniently located in close proximity to our customers. We understand the challenges of longer travel distances and aim to save our customers time and effort by offering a nearby grocery/deli that meets all their needs. 4. Community Engagement: We believe in the power of community and strive to create a space where residents can gather, connect, and engage. Wilders Corner LLC goes beyond being just a grocery/deli; we are a place where neighbors come together, share news, and participate in local events. Our commitment to fostering a sense of belonging and community spirit is at the heart of what we do. 5. Specialty and Niche Products: Wilders Corner LLC caters to the diverse tastes and preferences of our customers by offering a wide variety of specialty and hard-to-find products. From locally made artisanal goods to ethnic foods and organic options, we bring unique flavors and choices to our customers' tables. Our selection is carefully curated to provide an extraordinary experience. 6. Authenticity and Tradition: Wilders Corner LLC is deeply rooted in the culinary heritage of our community. Our commitment to authenticity and tradition is evident in our homemade and locally sourced products, which reflect the rich flavors and traditions of our area. By honoring our heritage, we attract customers seeking genuine, artisanal foods with a sense of place. 7. Support for Local Economy: By choosing Wilders Corner LLC, customers actively contribute to the growth and sustainability of our local economy. We directly support local farmers, producers, and suppliers, fostering small- scale agriculture and food production. Together, we strengthen the economic resilience of our community, creating a ripple effect that benefits us all. 8. Flexibility and Adaptability: As a small business, Wilders Corner LLC possesses the flexibility and adaptability needed to respond swiftly to changing market conditions and customer preferences. We are always attentive to local demand and take pride in introducing new products and tailoring our services to meet the evolving needs of our community. 9. Community Health and Well-being: At Wilders Corner LLC, we prioritize the health and well-being of our community. By offering a wide range of fresh, locally sourced foods, we empower residents to make nutritious choices and
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