RCR VENDING, LLC | Application Preview
RCR VENDING, LLC is applying for a government grant to secure a location, set up utilities, purchase supplies, and enhance advertising efforts. The funding will also aid in reducing their note term.
The company's business plan aims to expand over the next five years by adding another vending machine and location to improve service in the area. RCR identifies a gap in the market as there are currently no ice and water vending machines on the East side of town, where consumers must travel to distant locations to access these products. Their Everest VX series machine will be the first of its kind on the East side, fitting into just 20 square feet, making it ideal for placement at store fronts.
In terms of competition, while there are other options for purchasing ice and purified water, customers often face inconveniences such as driving to multiple locations or dealing with vendors who have higher operational costs. RCR's machine offers 10lb bagged ice, bulk ice, and 5-gallon purified water all in one spot, enhancing convenience for customers and generating additional foot traffic for partner stores.
The competitive edge lies in the features of the Everest VX series machine, capable of producing up to 1,553 pounds of ice in 24 hours with only one moving part, significantly reducing potential jams and downtime. The machine incorporates a five-stage ultra filtration system, ensuring high-quality ice and water while contributing to reduced plastic waste by offering bulk options. Overall, RCR VENDING provides a competitive, convenient, and environmentally friendly solution for consumers in need of ice and purified water.
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General Information
Business Registration Number: 88-2740784
Location: Lawton, OK, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
This grant will help to secure a location and set up utilities, purchase additional supplies and help with advertisement. As well as help to minimize the note term.
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Business Plan
Within 5 years, RCR plans to extend by adding another machine and location to better help provide a superior product to the surrounding area. Consumers want an avenue to purchase bagged ice, bulk ice and purified water at a competitive price without having to wait in line. Currently in town, there are bigger ice "manufacture" machines, but those are off the path and consumers have to drive to a totally separate location to get ice and water. Furthermore, there are no ice and water vending machines on the East side of town. RCR utilizes the Everest VX series ice machine. We will be the first ice and water vending machine business to place a machine on the East side of town, possibly in the Lawton area, to utilize an ice and water vending machine that takes up no more than 20 SQ. FT. and can be easily placed at store fronts.
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Self Identified Competition
Consumers have several options when it comes to buying ice and purified water. However, there are quite a few issues with some locations and even for the vendors that sale ice. For consumers to buy bulk ice and purified water, in most cases, they have to drive to two separate locations. With our machine, it offers 10lb. bagged ice, bulk ice vending and 5 gallon purified water all in one machine, at one location. For the vendors that sale ice, they have to pay for ice delivery or pay their employees to bag and store the ice. This takes time, money, and valuable store room. With vendors utilizing our machine, they will be able to save time, money and be able to sale more goods. With our machine, we will able to generate more foot traffic to their location. Although our machine is not an ice "manufacture", it can still produce up to 1,553 pounds of ice in 24 hours. Another great feature of our machine, it only has one moving part. The Everest VX series utilizes the patented VersaVend. The machine only has one moving part, making Everest the only machine in the industry of its kind. One moving part means less jams during vending and less down time. Letting our customers always have a readily available source for ice and purified water. The VX series also has a five stage ultra filtration system that guarantees our customers get the highest quality of ice and water. With the use of our machine and the bulk vending option, we will also cut down on the plastic waste. Our company provides a one-stop shop for consumers to purchase ice and purified water at a competitive price and convenient location. All while reducing plastic waste.
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Contact Applicant
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