Box World | Application Preview
Box World is applying for government grants to recover from the financial impact of COVID-19. The funding will be used to replenish their inventory of boxes and packaging materials, as well as to cover operating expenses like rent and utilities during the crucial holiday season.
The business focuses on packaging materials and shipping services, boasting a strong reputation highlighted by positive YELP ratings. Recently, they began a fulfillment partnership with GEOJANGO, a map company, which has brought in consistent income. They are also preparing to launch a new fulfillment venture with an apparel company in the upcoming first quarter. Box World aims to grow significantly in the next five years through these initiatives.
The request for funding highlights Box World's established reputation in the Tri-Valley area, where they are known for offering a wide range of box sizes, from small gift boxes to large commercial options, along with custom solutions. They also provide postal services and plan to continue serving their community for at least the next decade, aspiring to be the leading packaging and shipping store in the region.
In terms of competition, Box World identifies three main competitors: UPS Store, Postal Annex, and USPS. Their competitive edge lies in being an independent shipper, giving customers the flexibility to choose from various carriers, including FEDEX, UPS, DHL, and USPS. This independence, combined with their extensive selection of box sizes, positions them favorably in the market.
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General Information
Business Registration Number: 46-4073919
Location: Dublin, CA, United States
Length of Operation: 9 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
As negatively impacted by covid-19, funds was depleted. The holiday season offers the best time for us thus we need to replenish our inventories on boxes and packaging materials and to secure funds to sustain operating expense such as rent and utilities.
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Business Plan
Packaging materials and shipping services is our major product. We have established a good reputation in this field as rated by YELP. We started a fulfillment venture with GEOJANGO, a company that sells maps. We provide the packaging services for them and ships out their orders. This steady income helps the company move forward in this difficult times. I am working on another fulfillment venture with an apparel company that will most like start by first quarter of net year. I strongly believe that this business avenue will propel the company to better heights in the next 5 years Box World have established a good business reputation in the tri-valley . We are the only store that sells all box sizes from small gift boxes to huge commercial shipping boxes and custom made boxes. We provide Postal services too. We intend to serve our community at least for the next 10 years and moving forward to fulfill our mission to be the best packaging and shipping store in the tri-valley.
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Self Identified Competition
The 3 top competitors. 1. UPS store 2. Postal Annex 3. USPS As an independent shipper, we provide our customers the freedom to choose a particular carrier to ship their package. WE are an authorized shipper of FEDEX, UPS, DHL and USPS. Thus, we offer choices on customer's preference. We are the only shipping store that have all box sizes from gift boxes to industrial huge shipping boxes.
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Contact Applicant
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