Premium Threadz | Application Preview
Premium Threadz is seeking government grant funding to secure capital for bulk inventory purchases, which would boost profit margins. The business plan outlines a five-year goal of establishing two locations, with plans for a third. The applicant expresses a strong desire to succeed and emphasizes their commitment to the business, having left a previous job to focus on it full time.
The main competition identified is Cola Kicks, located less than two miles away, which is a significant player in the market. Despite this, Premium Threadz has a positive relationship with them and faces only a few serious competitors, as many of these competitors source products from Premium Threadz itself.
The company’s competitive advantages include competitive pricing, effective communication, and active participation in events across multiple states to build brand recognition. This proactive approach showcases their potential for success in a challenging market.
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General Information
Business Registration Number: 44083320210440114560
Location: West Columbia, SC, United States
Length of Operation: less than 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Would give us enough capital to buy bulk inventory to increase our profit margins
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Business Plan
In 5 years I hope to have 2 locations and working on a 3rd. I am hungry to be successful and be my own boss. I quit my job to take this own full time and believe and show that my business partner and I can make this work.
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Self Identified Competition
Cola Kicks - Biggest competitor by far, they are less than 2 miles from our location. We have good repore with them but they are killing it. Not too many other serious competitors. Most other sellers buy from us. We have good prices, we are easy and quick communicators and we travel to multiple states to do events and become known.
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Contact Applicant
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