Square One Vintage | Application Preview
Square One Vintage is seeking government grants to enhance the shopping experience in their store through improvements like new fixtures and construction, as well as to support the acquisition of inventory from out of town. Over the next five years, they plan to expand to another location, potentially in Cedar Falls, Ames, or Des Moines, with the goal of providing exceptional shopping experiences and quality local vintage clothing options.
The application highlights that the vintage clothing market is rapidly growing, with expectations to surpass fast fashion in sales within the next five years. Square One Vintage has experienced significant growth on social media and positive community feedback, reinforcing their potential for success.
While their primary competitor is Goodwill, Square One Vintage distinguishes itself by offering curated vintage clothing, unlike typical thrift stores. They focus on unisex curated pieces, filling a unique niche in the Cedar Valley, making it a shopping destination that simplifies the thrifting experience for customers.
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General Information
Business Registration Number: 88-2162179
Location: Iowa City, IA, 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
We would want funding usage for shopping experience improvements including new store fixtures including construction costs. The financial usage would also allow us to offset out of town inventory acquisitions
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Business Plan
In the next five years we would like to expand to another location whether that be cedar falls or a potential new location in Ames or Des Moines. We would like to provide the best shopping experiences for our customers while also proving people with good local vintage clothing options Investors should invest in us because the market that we are in is only expanding. Vintage clothing is the most popular form of clothing right now and the demand is increasing. Within the next 5 years vintage clothing is expected to surpass fast fashion in sales. We have seen a great amount of growth on our instagram and have received a lot of positive feedback from the community
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Self Identified Competition
Our only competitors would be goodwill however we are curated vintage clothing we are not a thrift store. We are a unisex store that offers something that nobody in the cedar valley can offer. We are the only business like it in the cedar valley area What makes us different is that we are the only place to shop curate dvi tags clothing. No other new stores provide that and goodwill is not curated. We take the work out of thrifting by selling the items people are focused on finding
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Contact Applicant
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