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February 7, 2025, 8:48 pm UTC

Simplis~A~Tea Title | Government Grant Application

Simplis~A~Tea | Application Preview

 

Simplis~A~Tea is seeking government grants to fund the rental and renovation of a building, purchase necessary supplies, and cover employee wages until the business generates revenue. The business plans to expand its offerings to include sandwiches, soups, and salads within a few years.

The justification for funding approval emphasizes the potential for attracting investors due to the attractive product lineup and a commitment to a relaxing atmosphere with excellent customer service.

In terms of competition, Simplis~A~Tea identifies three main competitors: Mama Bear, which also serves food but specializes in boba tea (not offered by Simplis~A~Tea); All About Cha, which provides a variety of teas and food, including 22 types of teas and Korean specialty drinks, while Simplis~A~Tea plans to offer more than 22 varieties without milk teas; and The Spice and Tea Exchange, which only sells tea but does not serve it.

Simplis~A~Tea's competitive edge lies in its diverse selection of teas served both hot and cold, complemented by pastries, and the creation of a welcoming environment where customers can relax, read, or work. Additionally, there will be a dedicated space for children's tea parties, further enhancing its appeal.

  • General Information

    Business Registration Number: Title

    Location: Fort Worth, TX, United States

    Length of Operation: 0

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: NO

  • Funding Usage

    To rent and building and renovate it and buy supplies and pay my employee until revenue comes in

  • Business Plan

    I hope to expand to serving sandwiches and soups and salads within the next few years Investors would invest in me because I will be serving a great product with a relaxing atmosphere with great customer service.

  • Self Identified Competition

    top 3 competitor's are mama bear which serves food as well at tea but they serve boba tea which I will not be serving and All about Cha – serves food and teas 22 varieties of green and black and 30 Korean specialty drinks and deserts I will be serving more than 22 varieties and they will not be milk teas. and the last one The spice and Tea exchange- only sells tea they do not serve it and I will be serving Tea. I will be serving Tea's several varieties of teas that can be served hot or cold with pastries. I will have a relaxing atmosphere where people can sit and read or log onto a computer and work . I will also have a separate space for children's tea parties.

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