HYUN JK INC | Application Preview
HYUN JK INC. is seeking government grants to support its restaurant operations during the ongoing challenges posed by the pandemic. The requested funding will go towards covering rent, outstanding supply costs, employee wages, and utility bills.
The business plan includes several strategies for revitalizing the restaurant, such as introducing frozen food options, updating the menu every other month, and ongoing advertising through community TV and newspapers. The restaurant has a solid reputation and consistent sales before the pandemic, and the owner is optimistic that loyal customers will return once restrictions are lifted. The proposed advertising approach aims to attract new patrons, building on a successful track record over the past 11 years.
In terms of competition, the restaurant faces other well-established Korean soup specialists in the area. However, its unique advantage lies in its rich heritage, derived from a 60-year-old traditional Korean soup restaurant. This heritage contributes to the deep and flavorful taste of its offerings, complemented by a variety of side dishes suitable for casual dining experiences.
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General Information
Business Registration Number: 4046748
Location: FULLERTON, CA, United States
Length of Operation: 11 YEARS
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
PAY FOR RENTS, PAST DUE SUPPLY COST BALANCE, EMPLOYEES WAGES, UTILITY BILLS
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Business Plan
A) INTRODUCE FROZEN FOODS. B) INTRODUCE NEW MENUS AND TAKE DOWN SOME OF OLD MENUS IN EVERY OTHER MONTH C) KEEP ADVERTISE ON COMMUNITY TV & NEWS PAPER OUR RESTAURANT IS WELL KNOWN ALREADY AND HAD A STEADY SALES UNTIL THIS CORONA PANDEMIC. AND I AM VERY CONFIDENT THAT MY PATRON CUSTOMERS WILL BE BACK ONCE THE LOCK DOWN ORDER IS GONE. AND ADVERTISEMENTS WILL BRING NEW CUSTOMERS AS IT'S BEEN FOR LAST 11 YEARS.
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Self Identified Competition
1) HAN BAD SUL LUNG TANG 2) JIN SOL SUL GOM TANG 3) HAE MA RU SUL LUNG TANG THEY ARE KOREAN SOUP SPECIALIZED RESTAURANTS OUR RESTAURANT IS BRANCHED OUT FROM MORE THAN 60 YEAR OLD KOREAN TRADITIONAL SOUP SPECIALIZED RESTAURANT. OUR SOUP IS WELL KNOW FOR ITS DEEP , THICK TASTE. WE ALSO SERVE OTHER SIDE DISHES FOR WHO ENJOY CASUAL DRINKS.
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Contact Applicant
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