TREMAC | Application Preview
TREMAC is seeking government grants to enhance its operations by acquiring utility work trucks, which will help improve organization and accommodate an increased workload, ultimately driving revenue growth.
Over the next five years, the business plans to diversify its income by investing in real estate through single and multifamily property flips and rentals.
The company emphasizes the years it has invested in building a strong reputation and honing its skills, which are essential for thriving in the real estate market. Approval of this funding would enable TREMAC to distinguish itself from competitors and take significant steps in its growth trajectory.
In terms of competition, TREMAC faces various local contractors and construction companies. However, its competitive advantage lies in its small size and minimal subcontracting, allowing for close oversight of every project phase. The company operates primarily through word-of-mouth referrals, avoiding traditional advertising, and has maintained an A+ rating with the Better Business Bureau. Throughout the pandemic, TREMAC continued to prioritize safety and service, contributing positively to the economy during challenging times.
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General Information
Business Registration Number: 47-2802715
Location: Manville, RI, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
We plan to purchase utility work trucks to further company organization and allow for increased work load, driving company revenue.
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Business Plan
within the next 5 years we plan to add our own real estate to our revenue stream. this will be done through single/multifamily flips and or rentals. We have spent years developing a real identity for our company. In that time we have worked toward perfecting our craft, developing connections, and gaining vital experience that is crucial to success in real estate. With this investment we can move toward setting ourselves apart from the competition. We will be able to make the next step in our companies growth.
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Self Identified Competition
Our competition is a wide variety of local contractors and construction companies. We differ from many of our competitors in numerous ways. We are small and do very little subbing out of work. This allows us to be close to every faze of a project. We also do not advertise. We are able to maintain a full schedule primarily through word of mouth. We also maintain an A+ rating with the BBB. Our dedication to our work and our customers has always been our priority. Tremac was also a constant through the pandemic while maintaining safely standards helping fuel our struggling economy.
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Contact Applicant
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