CAIO LLC | Application Preview
CAIO LLC is seeking government grants totaling $290,000, comprised of a $45,000 initial franchise funding fee and $245,000 earmarked for working capital. The business plan focuses on several key strategies: hiring top talent, concentrating on reliable revenue sources, minimizing risks, and maintaining adaptability. The company emphasizes enhancing customer experience, leveraging social media, improving customer service, and engaging in networking and community events while practicing corporate social responsibility.
The applicant highlights a personal passion for the business, stemming from a background as a basketball player. This venture is positioned as a unique offering in Greenville, SC, catering to both adults and youths with a variety of basketball-related services, including organized pickup games with referees, tournaments, private and group training, as well as performance enhancement programs. By providing these specialized services, CAIO LLC aims to distinguish itself from competitors like YMCA and Planet Fitness, which currently dominate the local market. The anticipated monthly recurring revenue from this business model reinforces the case for funding approval.
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General Information
Business Registration Number: PH9VJJZVEUA6
Location: Mauldin, SC, 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
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Funding Usage
$45000 - Initial Franchise Funding Fee $245,000 - The rest of the funds will be used for Working Capital
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Business Plan
Hire the absolute best people; Focus on established revenue sources; Reduce my risks; I will be adaptable; Focus on my customer experience; Invest in myself (company); Focus on social media Boost my customer service Attend networking events Practice corporate social responsibility Host local events Constantly -- research my competitors I believe in myself and I'm very passionate about this business, being a basketball player myself. This type of business that is very unique. Monthly Recurring Revenue that this business will generate.
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Self Identified Competition
YMCA - Planet Fitness - Sports Club Greenville This is a very unique business that does not have a location in Greenville, SC for Adults & youths. A better way to play basketball. Adults: Pickup basketball with referees; tournaments; private training; weights & cardio. Youth development leagues; private training; group training; rec games; vertimax training; performance training. Dr. Dish shooting equipment for both.
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Contact Applicant
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