State of Oklahoma | Application Preview
The State of Oklahoma's grant application outlines a proposal for establishing a second location of a Rental Booth Consignment Store for Eclectic Artists in Tulsa. The funding will be allocated for startup expenses, including rent, utilities, interior furnishings, and marketing initiatives.
The business aims to address a significant gap in the local market by providing artists with a dedicated space to showcase and sell their work, which is currently limited to displaying only a few pieces in local businesses. To promote the store, advertising will be conducted through artist forums, arts and crafts stores, and local media.
Approval of the grant is sought to create a valuable resource for local artists who specialize in unique art forms. The store will offer rental booths priced by square footage on a month-to-month basis, with artists paying a 10% commission on sales. Each artist will receive a 1099 for their earnings at the end of the year.
Currently, there are no known competitors in the Tulsa area, making this store a pioneering venture. The competitive edge lies in providing artists with a convenient platform to sell their eclectic art items directly to the community.
-
General Information
Business Registration Number: State of Oklahoma
Location: Claremore, OK, 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: NO
-
Funding Usage
We will be using funds for start up cost such as Building rent, utilities, interior furnishings and marketing.
-
Business Plan
We are planning on opening a second location also in Tulsa, We have seen a great need for a Rental Booth Consignment Store for Eclectic Artist here in Tulsa. Local Eclectic Artist need a place to sell their Art and now they only have a choice of displaying a few pieces at local businesses. The need is great, we will be advertising in Artist Forums, arts and crafts stores also in local media. Our Business is opening up a resource for local artist of unusual art who have no where to sell their art. We will offer retail booths for rent to Artist that fit our criteria. The booths will be rented by the square foot on a month to month basis with rental agreement. When an Artist sales an item they will pay 10% of each sale to the store and will receive a 1099 each year for their sales portions.
-
Self Identified Competition
At this time there is no known competitors in the area of Tulsa or the surrounding areas. This store will be a first for Tulsa area. We take art items to sell for local Eclectic artist.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
