Mike's Auto Repairs LLC | Application Preview
Mike's Auto Repairs LLC is seeking government funding to recover from a three-month closure due to an infection outbreak, which has left the business struggling with rent, bills, and a lack of work since reopening. The business intends to reconnect with former clients and expand to a second location, a plan that was in motion before the pandemic.
The application argues for funding approval by highlighting the ongoing necessity for auto repairs, as many drivers cannot afford new vehicles and require reliable services. Mike's Auto Repairs prides itself on having a skilled team and a strong commitment to customer service, positioning the business to thrive once operations ramp up.
In terms of competition, the business faces challenges from local street mechanics and auto part stores that provide discounts on parts. However, its competitive advantage lies in being a legitimate, insured business that offers warranties on services. Additionally, the shop allows customers to assume responsibility when providing their own parts, further enhancing its service offerings.
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General Information
Business Registration Number: 472248218
Location: Marlton, NJ, United States
Length of Operation: 5 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Got infected, we had to closed for 3 months. Rents, bills, pays. We're reopened but lack of work, and struggling.
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Business Plan
We're planning to get in contact and regain our clientele first, then expand our business to a second nearby location. We had that planned prior to the Pandemic, just need to get it going now. Because this is an ongoing business. People are driving cars everyday, not everybody can afford to have a new car without problems. We have the an excellent team and outstanding customer service. We are ready to get busy again, and for a bigger opportunity.
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Self Identified Competition
Street mechanics. Auto part stores with their house accounts, selling with a discount on parts. Other shops nearby We are legitimate business with insurance and warranty for all our services. We let customers take their own responsibilities when they bring their own parts. We have an excellent team and customer service.
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Contact Applicant
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