Angry Wankel Inc | Application Preview
Angry Wankel Inc. is seeking government grants to fund the acquisition of a new building, equipment, and a few months of payroll to ensure continued operations in Bloomington/Normal, IL. The funds will also support product display, inventory, and the repayment of existing business debt.
The company's business plan includes hiring additional staff to better serve their growing customer base and to facilitate expansion into Missouri. Over the next five years, Angry Wankel aims to grow from a three-person team generating between $120,000 and $180,000 annually to a $500,000 revenue operation. The shop's extended hours and weekend availability provide a competitive advantage that the owners plan to replicate in new locations.
The application highlights established relationships with industry partners, including Brandmotion, NanoProMT, and Metra Electronics, which reinforce the company’s credibility. Their unique positioning as a shop that operates outside typical hours addresses customer needs effectively, particularly for those who encounter automotive issues during weekends.
In terms of competition, Angry Wankel faces a few local shops, including Gearheads Garage and 309 AutoworX, which offer diverse automotive services. However, the local landscape includes only one other shop specializing in automotive electrical repairs, whose owner is nearing retirement.
Angry Wankel’s competitive edge lies in strong industry connections built over decades, the founder's extensive experience, and their outstanding reputation for service. They are recognized as the preferred choice for local towing services due to their accessibility and expertise, including being the only shop in the area that installs audio equipment in Harley Davidson motorcycles. The company plans to continue leveraging these strengths to enhance growth and profitability.
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General Information
Business Registration Number: 88-1369568
Location: Bloomington, IL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We need a new building and equipment with a few months of payroll to continue running in Bloomington/Normal IL. Also needing product for display and inventory and to pay off balance of business debt.
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Business Plan
We want to hire more people as the current staff are some of the few people in town that do automotive electrical repairs and diagnostics. We would like more people to take care of our customer base here in Bloomington/Normal IL and have plans to expand to Missouri. Our 5 year plan is to move from a 3 man operation doing roughly $120k-$180k a year to $500K. Our hours and days of operation are more convenient than your average shop and we would like to bring that model to other locations. We already have well established relationships with companies like Brandmotion (who we do Subcontractor install work for), NanoProMT, Metra Electronics, Audio Dynamics, and of course our parts providers World Pac, IMC, and your normal Auto Zone and the like. Other shops and even Best Buy send customers to us to repair electrical issues and we have made a name for ourselves with our work. We started this business after seeing the missed opportunity of being open on the weekend and later in the day where people do most of their travelling and are most likely to have an automotive issue. We run our shop like a family and try to treat our customers as such. The business is constantly developing to make things more cost effective, better serve our customers, and increase our profits. Angry Wankel is branded and presented well online and that is ALL grassroot effort by us. We want to continue to grow this vision while also increasing our profit margin.
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Self Identified Competition
1. Gearheads Garage: Large diverse shop. Equipped to work on everything from passenger cars to Fleet trucks. 2. 309 AutoworX: Does regular repairs, but also has an in house dyno meter they use for performance tuning. 3. TeVort Auto Repair: The only other shop we know of that does automotive electrical repairs, but the owner is near retirement and specializes in older cars. We have direct connections in the industry of the likes of RHD Japan (known the owners since the late 90's), Vivid Racing (known the founders since the early 2000's), Nanopro MT, and Audio Dynamics. Angry Wankel buys direct from a wide variety of vendors that was built up over 30 years. The founder of Angry Wankel has decades of electrical on electronic experience. We are open after 5 on weekdays and open Saturday and Sunday. We are the preferred shop of Wink's and A Family Man's Towing because of our hours and reputation. We are the only local shop that installs audio equipment on Harley Davidson motorcycles.
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Contact Applicant
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