Peak Nutrition | Application Preview
Peak Nutrition is seeking government grants to support its growing business in Dayton, Ohio. The funding will be used to increase employee hours as sales rise. Currently, the owners are managing finances with personal funds, but their savings are dwindling due to ongoing expenses like vendor payments, rent, and employee costs.
The business plans to expand by opening a second location in Beavercreek, Ohio, intending to utilize existing employees for this new outlet. Peak Nutrition, a small and veteran-owned company, emphasizes its commitment to the community and exceptional customer service, fostering a sense of family among staff and customers. The business actively supports local high schools and engages with the community.
In terms of competition, Peak Nutrition faces larger chains like GNC and Vitamin Shoppe. Its competitive advantage lies in offering a free Inbody system that provides customers with detailed insights into their body composition, helping them understand their health and fitness journeys. The focus is on delivering value to customers while being mindful of their budgets, and the business showcases the success of its sponsored athletes and customer transformations to inspire others. Grant funding will help Peak Nutrition enhance its services and extend its impact in the Dayton area.
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General Information
Business Registration Number: Peak Nutrition
Location: Centerville, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Peak Nutrition is slowly increasing monthly sales in Dayton, Ohio. With the increase of sales I need to allow more hours for my employees. Hours for employees are limited due to paying vendors monthly, rent and utilities, marketing materials and software upkeep. Currently my wife and I have been able to manage the business by funding with our own money however our bank account is slowly decreasing since I have not been able to pay myself due to hours increasing for employees.
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Business Plan
Currently we are looking to expand in 2023 by opening a second location in Beavercreek, Ohio. We will utilize our current employees to run the other location while my wife and I run our first location. Peak Nutrition is a small and veteran owned company. We care about our community and employees. We pride ourselves in giving the best customer service in the area and when our customers leave our store, they know they received the best service possible. Peak Nutrition is a family and our community feels apart of our store. We sponsor two local high schools in the area and are very involved with the community. By allowing us to have this grant, it will be able to provide more of Dayton Ohio with the best we have to offer.
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Self Identified Competition
GNC - Corporate Health & Nutrition Store Vitamin Shoppe - Corporate Health & Nutrition Store At Peak Nutrition we have an Inbody system from Inbody USA. This machine tells our customer their body weight, muscle mass, body fat % and basal metabolic rate. We are the only store in the area that allows this machine to be utilized for free. We feel by giving his type of service, our customers leave our store with the basic knowledge and understanding how their body works and we break down what everything means. We use this information to help them reach their overall fitness goals and track their progress throughout their journey. While we do operate on sales, our main focus is giving the customer what they need while keeping their budget. We currently have 8 sponsored athletes and pictures of customer transformations on the wall to allow everyone to see their progress and give them hope that it is possible to reach their goals.
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Contact Applicant
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