AJSlavenFishing | Application Preview
AJSlavenFishing is seeking government grants to expand their bait and tackle store by purchasing shelving and new product inventory. This investment aims to enhance their offerings with a wider variety of lures catering to different species and angling techniques.
The business plan outlines a long-term vision that first establishes the shop as a trusted source for bait, tackle, and repair services. Within five years, the goal is to add kayak fishing accessories and eventually sell kayaks, further diversifying the store's offerings and potentially moving into boat service and sales.
Funding approval is justified by the fact that AJSlavenFishing is the first bait and tackle store in Huber Heights, with limited local competition; only one other shop exists in downtown Dayton. This unique position indicates a high earning potential in the market.
While the competition includes larger retailers like Fisherman’s Headquarters, Cabelas, and Dick’s Sporting Goods, AJSlavenFishing believes its competitive edge lies in lower prices, a prime location with significant traffic, and exceptional customer service. They create a welcoming environment by treating customers like family, providing free coffee, and offering birthday gifts to enhance the customer experience.
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General Information
Business Registration Number: 4863700
Location: Dayton, OH, 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
To be able to purchase shelving for more products and to be able to purchase new products to become a more well rounded bait and tackle store, with more lures for more species and angling techniques.
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Business Plan
After establishing as the bait and tackle, repair and clean shop, I plan adding kayak Fishing accessories and eventually selling kayaks out of the store, beyond 5 years hopefully moving into boat service and sales Our Bait and tackle store is the first one ever in the city of Huber Heights, plus the fact that there is only one other tackle store in downtown Dayton there are not many shops like this around. Earning potential is very high in this field
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Self Identified Competition
Fisherman’s Headquarters Cabelas Dick’s Sporting Goods My prices are cheaper than my competitors, although maybe on some items by a few pennies, but I am Cheaper, 2nd my location right off I-70 and Brandt Pike/SR201 has a great traffic flow, we treat every customer like family when the arrive. We have free Coffee for our customers, as well as a birthday appreciation gift on their special day
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Contact Applicant
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