E3 ESSENTIALS LLC | Application Preview
E3 ESSENTIALS LLC is seeking government grant funding to enhance its marketing efforts, expand machinery, and establish a scholarship foundation. The funding will support local marketing initiatives to promote the company's vending machines to commercial owners, including website and content creation. Additionally, it will enable machinery expansion to increase revenue and reduce seasonal sales deficits in under-served areas. The company plans to create a scholarship program for local students, offering an annual award of $250 to assist with tuition costs.
Over the next five years, E3 ESSENTIALS aims to grow by expanding its workforce to 5-10 employees, improving customer surveys to better tailor vending machine offerings, and exploring new vending machine sectors such as medical cannabis, beauty supplies, and coffee products. This growth is expected to create job opportunities for local students and enhance customer service through effective data management.
The application emphasizes the business’s commitment to providing reliable vending solutions, noting its origins during the COVID-19 pandemic as a response to public health needs. E3 ESSENTIALS has garnered community support, especially in local schools, where its vending machines are a popular resource. The founder’s determination stems from a desire to create a better future for their family.
E3 ESSENTIALS faces competition from major players like Sam's Club, Preferred Snacks & Vending, and Gilly's Vending, which dominate the local market. However, the company offers a distinct advantage with its local presence, strong community relationships, tailored customer surveys, and a commitment to reliability and maintenance. This position not only enhances customer satisfaction but also differentiates E3 ESSENTIALS from its competitors.
-
General Information
Business Registration Number: L22000144399
Location: Tallahassee, FL, 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: YES
-
Funding Usage
E3 ESSENTIALS LLC will utilize the funding to expand marketing influence, machinery expansion, and a scholarship foundation. This funding will aid in expanding the business' marketing influence within the local area by creating advertisements that will aid in the exposure of the vending machines to commercial owners. The marketing will go towards website creation, content creation, and machine design to market the business best. With additional funding, machinery expansion will greatly increase within the local area and directly influence the revenue of the company proportionately. This will allow the business to reduce the seasonal sales deficit within limited access locations. Lastly, the funding will be used to jump-start a much-needed scholarship foundation to assist with the tuition cost for local students within Tallahassee. The scholarship program would be open to all high school seniors and college freshmen attending any one of the four colleges in Tallahassee (FSU, FAMU, TCC & Flagler). The award will be held yearly with an award amount of $250 to one winner. As a 21-year-old engineering college student & entrepreneur, this funding will help scale my minority-owned small business to great heights.
-
Business Plan
My plan to grow E3 ESSENTIALS LLC in the next five years is to expand the workforce, improve customer survey data management, and explore various vending machine industries within the local district. The range for which the workforce is projected to expand to would be 5 to 10 employees that will work to serve the mission statement of the company of being renewable, reliable, and sustainable. The expanded workforce will also beget job opportunities for the local high school and college students in need of a job to help build their resumes. In regard to the improvement of customer survey data management, an official surveying system will be able to aid in the specialization of vending machine needs within each machine's location. This process will ensure excellent customer service and uphold the company's standard for being reliable. The last progressive step that will be taken is the expansion into different vending machine industries such as medical cannabis dispensaries, beauty supplies, and coffee products. Within each of these various industries lies an increase in demand within society. Moreover, the placement of these industries in an area with multiple colleges and high schools would be a tremendous attraction not only for the business but the schools themselves. The reason investors should invest in E3 ESSENTIALS LLC is for the feasibility and opportunity for growth with a business that is dedicated to reliable vending machine solutions. As a young entrepreneur, this business is one that I have started all on my own with much financial support. This business started as a project to pursue during COVID-19 quarantine in order to combat the spread of the virus as well as provide an alternative solution for those with medical conditions that restrict their interpersonal interactions. Since then, the business has flourished into reality and has served my alma mater high school greatly as the students heavily rely on the snacking machines on campus due to the limited hours of school breakfast/lunch. The reason I have gotten this far in life is because of the constant effort towards building a successful future for my future family so they don't have to struggle in life as hard as I am struggling. My ambitions and determination to get them done will not be quenched until I am successful. All in all, I believe I am qualified for investments due to my uncanny business drive and determination to be successful.
-
Self Identified Competition
The top 3 competitors for E3 ESSENTIALS LLC are Sams Club, Preferred Snacks & Vending, and Gilly's Vending. These three competitors comprise 70% of the vending machine market within the Tallahassee district. For Sams Club, their vending machines are typically found within the store’s location and offer a reduced cost for beverage options for all qualifying members. However, their vending machines are limited to beverages, and have not pursued the snack industry. Preferred Snacks & Vending have multiple locations around town and offer both snack and beverage options for their machines. However, their vending machines are poorly serviced and have a low customer rating for their services. Gilly’s Vending services both major universities (FAMU & FSU) and has been a reputable business across the 45 states within the country. Though they are a larger company, the quality of their products and machines on campus are not to standard as they often jam and malfunction with EMV debit/credit cards. What makes E3 ESSENTIALS LLC different from its competitors are due to the local establishment of the business within the city, specialized surveys for customers to voice preferences and reliability for all vending services. Being a Tallahassee native, I have established strong connections with business owners and customers within my community. With this, I am able to create a trustworthy bond with my community that enables me to be successful. The specialized surveys for the customers that are sent out to every location help the business gauge what types of items would best be utilized within each location. This ensures customer satisfaction and reflects upon the company's value that the customer comes first. The reliability of the company's vending service is unmatched. Weekly inspections are taken with every restock visit and maintenance never comes out of the vending location's pockets. All visits also include glass cleaning and machine dusting to ensure the positive appearance of each machine for a greater appeal.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
