Ralik Ratak Alele, LLC | Application Preview
Ralik Ratak Alele, LLC is seeking government grants to expand its operations as the only Asian-Pacific food and clothing store in Celina, Ohio. The business has seen significant success in its first year and aims to meet increasing customer demand by obtaining more commercial freezers, diversifying inventory, and securing a larger building. Currently located in a rented space that is too small for their needs, the owners believe that funding will enable them to attract customers from nearby towns and prevent long drives for essential goods.
The business plan outlines a vision to establish the largest Asian-Pacific store in Celina within the next five years, enhancing local access to Asian-Pacific products and creating job opportunities in the community. The owners feel they can position RRA as a landmark comparable to well-known retailers.
Their strong case for funding approval is supported by their extensive retail experience and established relationships with vendors, which they believe will help them build a unique brand in Celina. Their sales performance has far exceeded initial forecasts, showing a 500% increase, indicating strong market potential.
Ralik Ratak Alele stands out in the region, facing no competition within a 50-mile radius and catering to the needs of the growing Asian and Pacific Islander populations in nearby towns. Their localized understanding of what customers want sets them apart from larger retailers like Walmart.
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General Information
Business Registration Number: 54192600
Location: Celina, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
We are currently in Celina Ohio and the only Asian-Pacific Food and Clothing store here. We need to expand as soon as possible to meet customer demands and requests. Our inventory is all based on customer needs. We are open to customer suggestions and have had great success that results in our growth just a week shy of a year. We need more commercial freezers, inventory variety and most importantly our own building. We are currently renting a space on 218 W. Fayette St, Suite A, Celina Ohio 45822 and it is way too small than we expected. These funds will definitely put us on another level and definitely make a lot of people in nearby towns and cities to Celina to avoid 1hr to 2hrs drives to buy Asian-Pacific goods.
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Business Plan
I will put it in simple terms. Within the next 5 years, with sufficient funding, my wife and I will expand RRA and build the biggest Asian-Pacific store in Celina and give our citizens the benefit to be confident they will always have a store nearby to avoid long distance driving and ridiculous traffic. We will definitely provide a lot of people jobs for a small town like Celina. We will definitely put RRA on the map comparable to Jungle Jim's in Cincinnati Ohio. With our experience and connections with many vendors, we will reach our goal of financial independence and put RRA on its own two feet. My wife and I have years of experience in retail, specializing in Asian-Pacific goods. With our combine experiences, many great connections with vendors from the United States up to Asia, we will bring a new image to Celina, build our own brand and definitely have the numbers to back it up right now. Our sales report is 500% what we first forecasted when we planned to open the store. We currently have the sales report to back it up.
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Self Identified Competition
WE HAVE ZERO COMPETITORS WITH A 50 MILE RADIUS AND THE ONLY ASIAN-PACIFIC FOOD AND CLOTHING STORE IN TOWN. Unlike Walmart, we know what people need and are looking for, especially Asians and Pacific Islanders--which a grown population in Celina, Coldwater, Wapakoneta, St. Mary's and other near by cities and towns.
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Contact Applicant
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