Home an Things LLC | Application Preview
Home and Things LLC is seeking government grants to support its business operations and growth. The company plans to use the funding for various purposes, including completing the construction of a second building ($20,000), covering six months of rent ($40,000), payroll expenses ($15,000), and marketing efforts ($10,000). Additionally, they aim to allocate funds for booking main acts ($15,000) and maintaining six months of working capital ($50,000).
The business intends to offer a regular schedule of live shows at its event space, providing consistent entertainment for the downtown community. As a non-alcohol establishment located near bars and breweries, it aims to cater to a diverse range of celebrations.
The application highlights that the Hat Gallery and Lounge is the only venue downtown capable of hosting a variety of events in a non-alcohol environment. While facing competition from venues like Old Silk Mill, The Beehive, and Woolen Mill, the business believes its licensed movie theater status and capacity for large groups give it a significant competitive edge. This unique position allows it to host concerts, live comedy shows, and sporting events, filling a niche in the local entertainment landscape.
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General Information
Business Registration Number: 1409
Location: Fredericksburg, VA, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
complete second building $20,000 six months rent $40,000 payroll $15,000 marketing and advertising $10,000 booking main acts $15,000 six month working capital $50,000
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Business Plan
We expect our event space to present regularly scheduled live shows to give the community consistent entertainment downtown. Although we are a non-alcohol event space, we are in walking distance of a bar and brewery. Hat gallery and lounge is the only space, downtown with the space and capability to accommodate a wide variety of events. Considering we are a non-alcohol establishment we can cater to any level of celebration. We are very interested in using our event space for live shows.
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Self Identified Competition
Old silk mill ( wedding venue) The Beehive (event space) Woolen Mill event space We are a licensed movie theater, we also have the capacity to accommodate large groups for concerts, live comedy and hosting sporting events. Finally we are the only non alcoholic event space in downtown Fredericksburg.
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Contact Applicant
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