Animation Magic | Application Preview
Animation Magic seeks government grants to support their business, Funtastic Kidzone, an indoor playground aimed at providing a safe, air-conditioned environment for toddlers and their caregivers. The funding will be allocated towards paying ongoing expenses such as rent and utilities, even while the business is temporarily closed, as well as repaying startup costs associated with the playground.
The application highlights the business's promising sales from October 2019 to the onset of the pandemic, showcasing the strong demand and growth potential for their services. In terms of competition, Funtastic Kidzone faces other indoor play options, such as Kids City Hawaii, Discovery Center, and Tilt. However, they emphasize their unique advantage: Kids City Hawaii is located far from the city center, Discovery Center has limited operating hours and lacks a traditional playground, and Tilt targets older children, promoting screen time rather than active play. This positioning illustrates Funtastic Kidzone's potential to capture a specific market segment focused on active, toddler-friendly fun.
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General Information
Business Registration Number: w20470868-01
Location: Honolulu, HI, United States
Length of Operation: 27
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We will use the funding to pay rent if tho we are not open we still owe money to the mall, pay for inventory, pay for operating cost that are still incurred including electricity and rent and to repay start up cost of playground
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Business Plan
Funtastic Kidzone, indoor playgrounds, is the future of our business. It's a way to contain children in a safe, air conditioned enviroment. It's a place that grandparents or care givers can take their toddlers they are baby sitting when the options are limited catering to their needs. Our sales from October 2019 when we opened until the start of the pandemic proves the interest in our business and the growth potential.
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Self Identified Competition
Kids City Hawaii-indoor playground Discovery Center-educational interactive play Tilt-arcade Kids City Hawaii - Is in Kapolei outside the city limits Discovery Center has limited hours and specializes in role play activities, which we do have, but does not have a playground for active play. Tilt caters to older children, and encourages screen time play instead of active play.
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Contact Applicant
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