YT Repair Services | Application Preview
YT Repair Services is seeking government grants to purchase a service truck, tools, and supplies for on-site hydraulic hose making. The business operates in a high-demand field with a significant shortage of service providers. To address rising costs and equipment shortages, YT Repair Services plans to offer affordable mechanical repair services to small construction companies, farmers, and other clients in need.
The business will utilize effective marketing strategies to attract clients and aims to fill the void left by few competitors, especially in providing 24/7 emergency services. The owner emphasizes a strong work ethic, honesty, and a commitment to customer satisfaction, aspiring to grow the business to support 5-10 employees within five years. Unlike existing equipment dealerships that have high labor costs and long turnaround times, YT Repair Services promises prompt and fair service, with a focus on establishing a reputation as the go-to repair service in the area.
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General Information
Business Registration Number: 1278 Yankeetown rd
Location: Hamersville, OH, 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
Purchase of a service truck and more equipment and the supplies I’ll need to offer on site hydraulic hose making.
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Business Plan
The field that I work in is in high demand with a great shortage of people and service providers to fulfill the roles, as well as inflation and rising fuel costs and parts shortages I aim to offer a more affordable service to small construction companies, farmers, or any other persons or entities that need on site mechanical repair. I’ll use the open market and keen advertising to generate business and capitalize on the shortage of suppliers that provide similar services. I will also offer 24/7 emergency services to fulfill customer needs which in my area there is very little to no other providers. I’m very hard working, honest and success oriented. I strive to be a model for small repair service providers on how a customer and their property are treated. I aim to grow into a business that will support 5-10 employees comfortably in five years or less.
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Self Identified Competition
My only competitors in my area are equipment dealerships with high labor and parts mark ups and long turnover rates and a lack of prompt fair service. My sense of urgency and the need to strive for customer satisfaction. I want to be the repair service that everyone talks about and is excited to see me arrive to repair or service their items.
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Contact Applicant
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