The Lane Beauty Holdings LLC | Application Preview
The Lane Beauty Holdings LLC is applying for government grants to support its working capital needs, specifically for rent, payroll for contractors, marketing efforts, and the establishment of a free wig program.
The business aims to expand over the next five years by opening a new location, enhancing its vending machine initiative, and increasing its presence in retail and e-commerce.
The core mission of the company is to aid customers who are experiencing hair loss due to health issues such as cancer, autoimmune diseases, or COVID-19. They strive to provide friendly service, effective solutions, and hassle-free transactions, making them a valuable resource in the community.
In terms of competition, main rivals include Hans Wiemann, Custom Wigs, and A+ Wigs. The Lane Beauty Holdings believes it has a competitive edge due to its lower pricing—around one-third of what Hans Wiemann charges—its focus on a younger demographic (ages 25-65), and its diverse offerings, including comprehensive services, a vending machine program, and online shopping options.
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General Information
Business Registration Number: 843052395
Location: St Louis, MO, 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
Working capital: rent, payroll(contractors), marketing and creation of free wig program.
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Business Plan
The Lane Beauty Holdings' goal in the next 5 years is to open another location, grow our vending machine program and grow our retail/e-commerce footprint. Our company's mission is to assist in our customer's healing journey by providing friendly customer service, reasonable solutions and a worry-free transactions. Whether it be cancer, an autoimmune disease or COVID causing the hair loss--it's still the loss of an important part of our customer's healing. We would like remain a resource for our community and to offer our Free Wig Program.
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Self Identified Competition
Hans Wiemann, Custom Wigs and A+ Wigs We are different from our competitors in 3 aspects: Pricing points-Hans Wiemann charges about 3 times more than we do Different Market-our market is ages are 25-65, our competitors typically are 65+ Offerings-we offer comprehensive services, vending machine program and online shopping
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Contact Applicant
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