YOUNITY LOUNGE | Application Preview
YOUNITY LOUNGE is seeking government grants to fund a remodeling project and acquire necessary products for operations. The business aims to create a unique entertainment experience by offering a variety of skills and activities over the next few years, with plans to expand through franchising into larger cities within five years.
The applicant emphasizes their background as a first-time business owner and a veteran, expressing a strong desire to contribute to the economy of Dover, Delaware. They believe that with determination, they can revitalize the city and generate revenue.
In terms of competition, YOUNITY LOUNGE differentiates itself from local establishments like Oasis Hookah, Irish Mike's, and Golden Fleece. While these competitors offer limited services and environments, YOUNITY LOUNGE plans to introduce an upscale lounge experience, complete with high-quality customer service, premium merchandise, and enhanced entertainment options, filling a gap in the local market.
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General Information
Business Registration Number: 85-0774653
Location: Dover, DE, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Will allow to remodel and buy the product to business to operate.
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Business Plan
In the next few years I plan on expanding the entertainment and provide different skills to my business unlike anyone else. Also in the next 5 years I plan on franchising, to bigger cities. I am a first time business owner, I’m a veteran and I’m trying to add money into the city of Dover Delaware. I believe with the right time and effort I can bring the city to life! This has always been a dream and I truly believe this will highlight the city and bring in revenue.
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Self Identified Competition
Oasis hookah- provides hookah but has limited space and no bar nor food service, isn’t a upscale environment -Irish mikes- is a local bar with pool tables and few TVs -Golden Fleece- local bar live dj some weekends no pool table space is small My place differ from my competitors because I am bringing an upscale lounge into the city of Dover in which there isn’t nothing in the area like it. I’m also providing upscale customer service and my merchandise and entertainment will be upscale.
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Contact Applicant
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