Liz Bridal and Quinceanera LLC | Application Preview
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General Information
Business Registration Number: 274671061
Location: Grand prairie, TX, United States
Length of Operation: 13
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Bank charges, insurance, legal and professional accounting, office expense, permits and fees, security, telephone, internet, utilities, repairs, payroll, rent, employee and sales tax, and cost of goods.
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Business Plan
I have set up a website and should be launched within a week, lizbridalandquinceanera.com I have also been using Instagram, Facebook, and pinterest to create an online presence. With more revenue I hope to hire 4 more people and purchase a building. We have actually been in business around 22 years. We were listed under Angelina's Bridal and purchased Liz Bridal from family. We have been local and have not branched out; we do have more than enough experience in the special event industry to make more profit. We are family owned, so the business is ran by mother and daughter. My daughter recently started working for me but has help out since a very young age. She is the one who has set up the website and managed social media. I believe that with the right help she can help us move in the right direction. She has created a business plan that includes all of our expense from payroll (5 employees) to the cost of good and all other necessary expenses. Includes 3 different yearly profits after Employee tax, Sales tax cost of goods and all other expenses; both in our store front and online. She calculated the very minimum monthly online sales, which she included in yearly profits mentioned. The goal is to have a business that has profit after all expenses have been taken out, profit can be in a variety of ways; invested, used to purchase a building, or expand.
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Self Identified Competition
We are actually located in very competitive area. However, most competitor are smaller and have not been in business long. The top 3 competitors in the area are La Ocasion , Celebracion Bridal, and Lizcano Bridal; I consider these three shops top competitors because they have been in business a around 18 years or so. Expect Lizcano Bridal they were one of the first bridal shop in the area, business was passed down by owner to employee. The rest of the bridal shops have popped up and some have closed throughout the years. However our three top competitors are close to my age and do not have someone to whom they can pass their business too, they would have to sell or close down. The rest of the bridal shops have popped up and some have closed throughout the years. However, our three top competitors are close to my age and do not have someone to whom they can pass their business too, they would have to sell or close down. We strive for good customer service, and have gotten plenty of customer who have visited most of the competitors by our location; they acknowledge the difference and praise us on the customer service. Our competitors do not really have an online presence and do not have a website, we also set us apart.
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Contact Applicant
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