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.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
