Arrec ananth | Application Preview
Arrec ananth is applying for a government grant primarily to purchase inventory for resale online. Currently, the business focuses on selling vintage items, sports cards, and collectibles through eBay, with plans to eventually establish a personal shop and website. There are also aspirations to expand into the food truck industry.
Arrec highlights the growing market for vintage and sports cards as a significant reason for funding approval. In just the first month of operations, the business successfully turned a $500 investment into $1,800 in sales, demonstrating an ability to leverage knowledge in this niche for profit.
While competition exists through platforms like eBay, Facebook Marketplace, and local shops, Arrec's competitive advantage lies in the commitment to being available 24/7 and pursuing profitable opportunities without geographical limitations.
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General Information
Business Registration Number: 212133757
Location: Providence, RI, United States
Length of Operation: 1 month
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
To buy inventory for resale online.
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Business Plan
Right now I’m currently selling vintage items, sports cards, and collectibles on eBay. My plan is to eventually sell in my own shop and website. Also have plans of expanding my brand by opening a food truck business. The vintage and sports cards market is on the rise right now. I’ve been able to take advantage of this in my first month of sales. I turned a $500 bankroll into $1800 in sales by using my knowledge of vintage and sports to buy low and sell high.
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Self Identified Competition
There’s many competitors but I can list by locations: 1. eBay 2. Facebook marketplace 3. Local shops I’m open 24/7 and willing to go anywhere to make a profit if it makes sense
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Contact Applicant
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