ENERGY OIL AND GREASE SERVICES | Application Preview
ENERGY OIL AND GREASE SERVICES is applying for government grants to enhance its operations and inventory capabilities. The funding will be used to purchase products directly from oil blenders, which is expected to boost profits by 25% and expand the company's inventory. The business also aims to increase its customer base by 200% and acquire new equipment to improve efficiency and profitability while broadening its operational territory.
The applicant has over 30 years of experience in the industry and has built a solid reputation in New Mexico, where they have lived their entire life. Despite being in business for just six months, the company is generating around $100,000 in monthly revenue, benefiting from an established customer base that appreciates its efficiency and service quality.
In terms of competition, the business faces challenges from KW Fuels, Parts Authority, and out-of-state oil vendors. However, it sets itself apart with a strong focus on customer service and responsiveness. As a local provider with a well-stocked inventory, the company emphasizes its commitment to meeting customer needs, including 24-hour availability without extra charges.
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General Information
Business Registration Number: ENERGY OIL AND GREASE SERVICES
Location: Hobbs, NM, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $500k to $1M
Open to Loans: YES
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Funding Usage
To be able to buy from direct vendors. increase inventory.
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Business Plan
Buy direct from the oil blenders to increase profit by 25% on sales and add inventory and increase the account base by 200% Buy equipment that will make our company more efficient and profitable. Expand our territory. I have been in this business for over 30 years and have lived in New Mexico all of my life I have a great reputation and know most of the business owners in my area. I have been in business for only 6mth and already doing around $100000 a month. I have a good customer base and our customers have already seen our efficiency and our great service.
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Self Identified Competition
KW fuels Parts Authority Oil vendors from out of state We are quick to respond to our customer's needs. We are local We have the inventory We are customer orientated. We are on call 24 hours a day at no extra charge.
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Contact Applicant
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