Deer Ridge Barn | Application Preview
Deer Ridge Barn is seeking government grants to enhance its property and facilities for guests. The funding will specifically be allocated towards developing additional spaces for events and installing flushable, ADA-compliant restrooms.
The business plan focuses on marketing the venue within a 90-mile radius, targeting clients looking for a rustic barn experience. By continuing to improve the space and expanding its offerings, Deer Ridge Barn aims to attract larger events and increase revenue through year-round and covered areas.
The rationale for funding approval is grounded in the team's expertise in tourism and hospitality management, as well as the recognition of an unmet demand in Kankakee County, which serves a population of 108,000. With effective marketing and networking, Deer Ridge Barn intends to draw clientele from the nearby Chicago suburbs.
In terms of competition, notable mentions include Majestic Events, which has seen a decline in performance, the Elks Country Club, which has closed due to the pandemic, and the Knights of Columbus Hall, which caters to a different audience with no outdoor options.
Deer Ridge Barn's competitive advantage lies in its picturesque 10-acre wooded property, offering an open-air rustic venue. The business is committed to providing flexible services at competitive prices, positioning itself as a desirable option for potential clients.
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General Information
Business Registration Number: 87-2397153
Location: Bourbonnais, IL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Funding would be used to develop the property and covered spaces foe guests as well as to build out flushable and ADA compliant restroom facilities
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Business Plan
Plan will be to start marketing the property within a 90 mile radius to attract clientele interested in a rustic barn and event space. Continued improvements and additional space development will allow for larger events. Covered and year round spaces will also allow for additional revenue. We are successful experienced business people with tourism and hospitality management backgrounds. We have identified an unmet need in Kankakee county with a population of 108k and have the opportunity to attract from the Chicago suburbs with proper marketing and networking
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Self Identified Competition
1. Majestic Events is a business that had declined significantly and is not responding to customer needs. 2. Elks Country Club has recently shut its doors after impacts due to Covid 3. Knights of Columbus Hall attracts a different clientele and does not offer an outdoor spaxe We are located on a 10 acre wooded property in the countryside that offers an open aire rustic venue. We offer flexible services and options for our customers and are also very price competitive with our competition
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Contact Applicant
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