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May 19, 2024, 2:13 pm UTC

Magnolia bake shop | Government Grant Application

Magnolia bake shop | Application Preview

  • General Information

    Business Registration Number: Magnolia bake shop

    Location: Magnolia, AR, United States

    Length of Operation: 90 yrs

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: YES

  • Funding Usage

    Looking to buy from previous owners. The building is old and the banks will only loan so much. We would use the money to purchase and update the building.

  • Business Plan

    We ship very little because the previous owners are stuck in their ways. We plan to open up many new doors. The shipping alone will bring in much more revenue. We plan to update with newer recipes. Keep the old ones that people love but add some new items. I have been working for this company for 17years I personally know it inside and out. The owners have had it in their family since 1928. There are so many families who travel to step foot in the bakery they were taking to when they were a child. It's a very unique well established place. We are known all over the close states. During special events in town we are overwhelmed with all the customers who come in from out of town. They all say there is no other bakery like ours. We baked everything fresh and from scratch nothing comes premade or frozen. We make our own dough, cakes,cookies,danish,pastries, birthday cakes,pies. We are a historic piece of history and our town would be lost without us. I was offered a chance to carry this place on and I will work hard to do that.

  • Self Identified Competition

    Walmart is one. Brookshires and Shipley donuts. They still can not compare to our freshness! We make everything here at the shop. The items taste like homemade . That is one huge reason we have such a huge clientele. Everything is made with love. They can even custom order some things. We all have great relationships with many customers.

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