C6 Outfitters | Application Preview
C6 Outfitters is seeking government grants to eliminate its credit card debt, enhancing the likelihood of business success. Their goal is to expand inventory and purchase their current rental building, which includes additional income opportunities from a gym and a separate office space for rental.
The founders want to invigorate their small town's economy, which primarily relies on a limited number of retailers. With a background in military service and mental health, they are dedicated to building this business as a legacy for their children. They believe that overcoming current challenges will affirm their commitment to the community.
C6 Outfitters faces competition from Bi-Rite Sporting Goods, Walmart, and Bomgaars. However, they differentiate themselves by offering a wider range of high-quality products at reasonable prices, including camping, hunting, fishing gear, and civilian clothing. Additionally, they support local artisans by selling their products, fostering a sense of community and boosting the local economy.
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General Information
Business Registration Number: 87-3874767
Location: Rawlins, WY, 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
We would use this funding to pay off all our debt with credit cards loans. That would make it almost a guarantee that would be successful. Opening this store has been a dream of ours.
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Business Plan
We plan on being able to offer more inventory to our Customers, hopefully purchase the building that we are currently renting. With the purchase would obviously include our store but it would also come with the ownership of the Gym in the lower half. That would be a great form of passive income for us as well. And lastly, there is a third office that would be purchased as well that we would rent out to someone. Investors should invest in us because we are trying to being more variety into our small town. We have only Walmart, City Market, Bomgaars and Tractor Supply as our Major Stores. With doing this it obviously brings more money into the town. My husband has served his country for 12 years and finally retired 3 years ago. Wife had worked in the Mental Health field for 12 years but as the Federal funding kept getting taken away that job was no longer available. This Store is our whole life and we would love to be able to leave it to our 2 children when they get older. Being able to see us pull through these hard times would be a reassurance that we are doing the right thing and so rewarding.
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Self Identified Competition
Our three competitors are Bi-Rite Sporting Goods that has been here for 30+ years. They had been the only one for years and there prices have always been so high. They had it made, people made it as they were trying to Support Small Business in Our little town. With that being said we are 2 different sporting goods stores. Walmart is the second one but they do sell lower end stuff and we sell high quality stuff with responsible prices. And lastly, Bomgaars is the other competition. They only sell little amounts of stuff like ammunition, some gloves, hats and stuff like that. Our sporting goods store sells a variety of merchandise. Not only do we sell camping, hunting, fishing, ammunition we also sell everyday civilian clothing, workout supplements and sell other local Small Businesses. We sell Salsa for some local Residents. There is a friend in a nearby town, Saratoga, that makes merchandise that we now sell in the store. He was only selling through social media, friends and events. Our store is the first mainstreaming selling for him. We love to be able to provide that for our fellow residents that only improve our small town.
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Contact Applicant
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