Benten Foods Corp. / DBA: Tanma! Ramen Tavern | Application Preview
Benten Foods Corp., operating as Tanma! Ramen Tavern, is seeking government grant funding to complete the construction of a new noodle shop, purchase remaining equipment, and establish working capital for its opening by year-end. The business plans to achieve approximately 5% growth annually over the next five years.
The need for funding is underscored by the growing community demand for healthy, authentic Japanese takeout food and drinks. With 70% of the shop already constructed and a strategically chosen ideal location, the business is poised for a timely launch.
In terms of competition, Tanma! Ramen Tavern will operate in an area with three other establishments: Yum Yum, KAI's Kitchen, and Super Bowl, each offering different types of Asian cuisine but lacking the authenticity and health focus of Tanma! Their competitive advantage lies in their commitment to organic ingredients, local produce, and options for gluten-free and vegan diets, making their offerings appealing to health-conscious consumers. Additionally, the use of no MSG and reasonable pricing will further attract customers.
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General Information
Business Registration Number: 83-0722989
Location: Kingston, NY, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We are going to use the fund for finishing the construction, purchasing the rest of the equipment and use it for a working capital to open a new noodle shop by the end of the year.
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Business Plan
approximately 5% growth each year in next 5 years Because we will serve healthy authentic Japanese take out food and drinks which has a very high demand in our community. Also 70% of our shop has been already constructed. We have the target market, the ideal shop location and very close to open.
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Self Identified Competition
1. Yum Yum 275 Fair Street, Kingston NY (1.5 miles away) The business is owned by non-Japanese person. They serve their own style Asian fusion noodle dishes. 2. KAI's Kitchen 600 Ulster Avenue, Kingston NY (0.9 miles away) They serve basic Chinese food. 3. Super Bowl 300 Plaza Rd, Kingston NY (1.9 miles away) They serve Szechuan Chinese food and are specializing in hotpot. Noodle is not their signature dish. Our food is not only authentic Japanese food, but also very health conscious - using many organic ingredients, local produce and products. We have choices for Gluten Free and Vegan as well. Absolutely NO MSG. The price range will be just right too.
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Contact Applicant
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