nebraska butcher rack | Application Preview
Nebraska Butcher Rack is seeking government grants to enhance its operations and expand its impact. The funding will primarily be allocated towards educational initiatives, upgraded equipment, automation, and IT improvements, as well as solar and geo-thermal systems. They aim to raise $300,000 in exchange for 3% equity, with potential grants totaling up to 20% or $2 million.
The business plan outlines a 1 to 3-year strategy focused on building strong relationships with both local and national customers while effectively managing daily operations. In the 5-year outlook, the goal is to boost productivity and potentially expand to a new site or enhance the existing location.
The founder emphasizes their commitment to success, expressing that while they may not be the most traditional manager, their work ethic sets them apart. The company expects to generate over $50 million annually with a 16% profit margin, offering a compelling return for investors.
In terms of competition, Nebraska Butcher Rack sees major players like Cargill and Tyson but positions itself as an underdog that can capture significant local market share while supporting the community and addressing the economic challenges in Hitchcock County. The founder believes strongly in the need for this business and has received positive feedback from the community, reinforcing the belief in its potential success.
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General Information
Business Registration Number: 88-1397068
Location: Mccook, NE, 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
The funding will be used to further or build and help with education, better equipment, updated automation and IT equipment. We have need for funding to help with solar equipment and geo-thermal equipment as well. $300,000 for 3% of equity. Grants to 20% or $2 million.
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Business Plan
Our 1 to 3 year plan is to get into a rhythm of creating good relationships with our local and national customers. Managing the day to day input, expences and employees. Our 5 year plan is to increase productivity and look at expanding. Either at the existing site or adding a new site in another location. Investors should invest in me because of my drive to exceed every day! I may not be the smartest manager out there, but I'm going out work anyone else to succeed at what I do. This company is projected to exceed 50 million a year with a 16% profit margin. A 3% investment will return approximately 1 million dollars every 4 years, considering the $300,000 original investment.
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Self Identified Competition
My top 3 competitors are Cargill, Tysson and Custom pack in this area. But I'm under the radar to those companies. They aren't going to flinch when I corner 50 to 80 million is sales a year when they are doing billions a month. I'm starting this to help the local producer and local economy. Hitchcock county is a blighted area and could use the revenue. I'm going to stay the course and I believe this is something that this area needs. All the people I've talked to are very excited for this business to thrive in their community.
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Contact Applicant
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