TC HOME INSPECTION LLC | Application Preview
TC HOME INSPECTION LLC is seeking government grants to enhance its tools and instruments. The organization aims to provide the community with detailed inspections, offering accurate insights into one of their most significant investments—home purchases.
The business plan details short-term goals, including establishing a solid foundation and hiring an associate within the first year to generate $90,000 in profit, with plans to double this in the subsequent year. Within five years, they envision a multi-employee inspection service dedicated to improving home safety through thorough inspections.
The funding justification includes conservative estimates for the first year, projecting average monthly expenses at $2,000 and revenues at $10,000, resulting in a gross revenue forecast of $120,000 and a net profit of $98,000. The break-even point is anticipated within four months, with an expected 85% return on investment during the financing period.
In terms of competition, TC HOME INSPECTION LLC identifies three main rivals in Washington. Unlike them, the company offers specialized services using sewer and mainline cameras, backed by five years of field expertise in assessing plumbing systems.
The competitive advantage lies in a user-friendly website for booking inspections and advanced software for data transfer to clients and real estate agents. Furthermore, the owner has established strong relationships with local agents through previous work with Roto Rooter in several counties.
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General Information
Business Registration Number: 604951647
Location: Toledo, WA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Up Grade Tools and instruments to provide my community with more accurate information to help our community with detailed report about their strengths and opportunities on their biggest purchase the average person makes in their lifetime.
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Business Plan
COMPANY SHORT TERM GOAL IS TO SET ROOTS DOWN AND HIRE AT LEAST ONE ASSOICATE IN THE FIRST 12 MONTHS TO BRING IN 90,000 IN PROFIT AND THEN TO DOUBLE IN THE FOLLOWING, IN FIVE YEARS I WILL BE RUNING A MULTI EMPLOYEE INSPECTION SERVICE FOCUS IN PUTTING THE FOCUS AND THE MIND SET FORTH TOWARDS A SAFIER HOME ONE INSPECTION AT A TIME. conservative estimates forecast average monthly expenses for year one at $2,000, while average monthly revenue over the same period is forecasted at $10,000. This puts our gross revenue projection at $120,000 and our net at $98,000. The break-even point is expected to occur 4 MONTHS from plan start, and a 85% ROI is projected for the financing period.
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Self Identified Competition
my top three competitors are top notch home inspection out of Centralia wa, on the spot home inspection out of castle rock wa, gk home inspection out of Winlock wa, all three of my direct competitors do not have sewer or main line cameras nor have the 5 years of expertise operating the equipment out in the field and give a proper assessment of plumbing pipes and culverts. I HAVE A WEBSITE FOR ORDERING AND BOOKING APPOINTMENTS ALONG WITH STATE-OF-THE-ART PROGRAMS AND APPS TO TRANSFER DATA TO AND FROM CUSTOMERS AND REAL ESTATE AGENTS. HAVE A GREAT REPORT WITH AGENTS IN MY LOCAL MARKET THROUGH MY PREVEOUS POSITION WITH ROTO ROOTER IN LEWIS, THURSTON, PACIFIC AND GREYS HARBOR COUNTIES.
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