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July 2, 2025, 2:47 am UTC

Rockford Asian Food Market 09624236 | Government Grant Application

Rockford Asian Food Market | Application Preview

 

Rockford Asian Food Market is seeking government grants to enhance its operations. The funding will be used to upgrade the current cash register system to a modern POS system and to add two refrigerators and one freezer. Currently, the market offers a variety of food items, including fresh, frozen, and non-perishable foods. The owner aims to expand the inventory to include a selection of household products from both Asian and American cultures.

In terms of business growth, the owner plans to increase the workforce depending on demand and intends to introduce a delivery service for customers who meet a specified purchase threshold. The vision for the store includes a broader range of ethnic food items to meet diverse customer needs.

The funding approval is crucial for the development of an Asian Center over the next five years, which will offer a comprehensive selection of food, household items, fast food options like coffee and tea, and money transfer services through Western Union.

The market faces competition from other Asian stores, small grocery shops, and new business owners in the area. However, its competitive advantage lies in the ambition to become the central hub for Asian products, fast food, and money transfer services, establishing itself as a unique destination in the community.

  • General Information

    Business Registration Number: 09624236

    Location: Rockford, IL, United States

    Length of Operation: 1 month

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: NO

  • Funding Usage

    I want to replace the cash register system. I want to replace with POS system. and I would like to add 2 more refrigerator and 1 freezer Currently I do have only food items such as fresh food, frozen and non-perishable foods. Now, I would like to added non-food such as house hold items especially from Asia and American.

  • Business Plan

    I would like to have more employee depends on my business growth. also, I have plan to offer delivery upon certain amount of purchasing. I do have plan all ethnic food items to complete in my store. for the next 5 years I have plan for Asian Center. that mean is: all food items, household items and fast food ( coffee and tea) will be available. Money transfer (Western Union) also available

  • Self Identified Competition

    1. All Asian store in town 2. All small business like new grocery store 3. All new business owner Rockford Asian Store Mart will be Asian Center in town one day. if you come to this store you can get all ethnic food, fast food and money transfer like (WU).

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