Blue Rhino, LLC | Application Preview
Blue Rhino, LLC is seeking funding to support the establishment of a daycare facility. The total funding request amounts to $195,485, aimed at covering various one-time costs, including child care expenses, educational supplies, marketing, furniture and fixtures, administrative expenses, and contingency funds.
The funding plan highlights specific allocations, such as $24,715 for child care costs and substantial amounts for furniture and renovations, indicating a focus on creating a high-quality learning environment. The grant application emphasizes the need for affordable child care options, especially for low-socioeconomic families who often face barriers to accessing such services.
The business plan outlines the owner's background as a certified educator, expressing a commitment to provide diverse early learning experiences. The owner aims to open a second location in the metro area, with strategies to attract clients through discounts for referrals.
In the face of competition from existing daycare providers, the application points out significant waitlists and higher pricing at competitors like Atascocita Montessori and Primrose, positioning Blue Rhino as a viable alternative. The owner’s personal experience as a working mom reinforces the urgent need for more quality early learning facilities, especially after the disruptions caused by the COVID-19 pandemic. The application conveys a passion for making a positive impact on the community by offering affordable, high-quality child care.
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General Information
Business Registration Number: 802770570
Location: Houston, TX, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Child Care Cost Educational Supplies/Equipment (toys, books, etc.)………………….. Other ………………………………………………………………………. $24,715 0 Marketing Costs Business cards, flyers……………………………………………………. Website……………………………………………………………………. Other……………………………………………………………………….. 345 575 0 Furniture & Fixtures, Improvements Fencing…………………………………………………………………….. Indoor furniture/equipment (mats, cribs, smoke detectors, fire extinguishers, computer, CD player, etc.)……………………………… Outdoor equipment/furniture (playground equipment, etc.)………….. 30,000 Kitchen equipment/supplies……………………………………………... Housekeeping equipment/supplies……………………………………... Office Furniture……………………………………………………………. Renovation/building costs………………………………………………..55,000 Other……………………………………………………………………….. 3,795 19,780 10,810 3,680 575 2,300 * 0 Administrative Expenses Utilities Deposit……………………………………………………………. Business phone…………………………………………………………… Licensing/Fees……………………………………………………………. Insurance (hazard, liability, child abuse & neglect, bonding)………… Legal/accounting fees…………………………………………………… Professional development (CPR, etc.)…………………………………. Other……………………………………………………………………….. Working capital (8 months)………………………………………………. Subtotal One – Time Costs…………………………………………… Contingency (15%)……………………………………………………….. 173 230 575 3,450 575 173 0 31,280 $83,031 $12,455 TOTAL ONE-TIME COSTS $195,485 RENOVATIONS AND BUILDING MAY COST A LOT MORE AS WELL AS OTHER CONTINGENT STARTUP COST
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Business Plan
The location in which my daycare will be placed is highly needed. I plan to use my certified educational years of experience and degree to offer a diverse early learning educational experience to meet the needs of all clients; partner with the government to offer opportunities to low-socioeconomic families that might not otherwise qualify. It is my hopes to open a 2nd location within the metro area; offer discounts for referrals I'm passionate about creating a successful business, to not only change my life and that of my family but one i know would greatly impact many other so positively. As a working mom and educator, it is very difficult to not only find affordable care, but any care at all. Before COVID 19 I just had a baby and everywhere I called in this area had waitlist, waitlist or did not offer quality early learning programs. Now with the challenges of social distancing the needed for more facilities in the area are even greater. As a educator and parent, I understand what client are looking for in an early learning facilities/Head start
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Self Identified Competition
atascocita montessori, which is challenged heavily due to COVID 19 naturally because of their set up. Kids R kids, Westlake Houston which has a waitlist. Primrose, Westlake Houston way higher than the price I plan to offer. atascocita montessori, which is challenged heavily due to COVID 19 naturally because of their set up. Kids R kids, Westlake Houston which has a waitlist. Primrose, Westlake Houston way higher than the price I plan to offer.
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Contact Applicant
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