Na | Application Preview
The grant application outlines plans for funding to acquire a building and cover renovations, parking lot resurfacing, signage, advertising, stocking products, insurance, and utilities. The business aims to capitalize on a unique market opportunity, with no direct competitors within a 30-mile radius. The selected location is along a major highway, enhancing visibility and accessibility.
In addition to the main business, the applicant, a diesel mechanic with experience in Ford and Dodge vehicles, plans to purchase adjacent land to establish a mechanics shop and a diner. This expansion aims to diversify services offered to the community.
Funding approval is justified by the lack of nearby competition, the strategic location, and the potential for rapid growth and high returns. The applicant emphasizes the importance of community support and a commitment to contributing positively to the local area, differentiating themselves from larger corporate entities. Top competitors like Toot'n Totem, Allsup's, and Loves are noted as being significantly farther away, reinforcing the unique market position.
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General Information
Business Registration Number: Na
Location: Gladewater, TX, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We will purchase the building, renovations, re surface the parking lot, business sign, advertisements, stock the store full of product, insurance, utilities.
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Business Plan
There is no competition within 30 miles and there is land with a shop on it next to the location we have chosen that I am looking to purchase as well to turn into a mechanics shop. (I'm a diesel mechanic for ford/dodge). As well as open a diner next to the fuel station. There is absolutely no competition, it's off a major highway and will benefit the community greatly. This will give us a high return rate with room to expand and grow at a rapid rate.
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Self Identified Competition
Top 3 competitors are 30miles away and are toot n totem, allsups, and loves. We have a supportive community and we intend to give back to our community. We are not a large corporation. We can take advantage of the prime location with absolutely no competition.
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Contact Applicant
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