Keg Bar & Grille | Application Preview
Keg Bar & Grille is seeking government grants to support various upgrades totaling $60,000, which include a new rubber roof, air exchange repairs, parking lot and air conditioning repairs, kitchen hood reconditioning, and several other improvements aimed at enhancing the overall restaurant experience.
The business plan focuses on expanding the menu to include more food offerings, seasonal promotions around holidays, and improvements to the restaurant's ambiance through new lighting, decor, and sound systems. The Keg will also introduce new bar specials linked to sporting events to attract more patrons.
The grant application emphasizes the restaurant's resilience during the COVID-19 pandemic, highlighting its ability to remain operational, maintain employment for staff, and increase sales significantly from $275,000 in 2015 to over $1,000,000 annually for the last three years. With a year-round workforce of 22 employees, Keg Bar & Grille sees opportunities for further growth by expanding its kitchen and production capacity.
The competitive landscape includes similar establishments such as Hot Dog Hut and Buffalo Wild Wings, but The Keg stands out due to its superior service, pricing, quality, and atmosphere. The application ultimately positions Keg Bar & Grille as a promising investment opportunity with a strong track record and clear growth potential.
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General Information
Business Registration Number: 473781474
Location: Sharon, PA, United States
Length of Operation: 6-10
Number of Employees: 11-25 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
New rubber roof: $27,000. Air exchange repairs: $5,600. Parking lot repair: $1,500. Air conditioning repairs: $1,200. Kitchen hood reconditioning: $2,400. Patio rewiring: $1,900. Walk-in cooler repair: $1,500. New hot water heater: $1,500. New storage shed: $900. New men’s room toilet: $300. Patio Furnace: $4,800. New kitchen floor: $4,000. Replace front door (deductible) $500. Kitchen fire repairs (deductible): $500. Employee recruiting: $1,500.
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Business Plan
We plan to grow our business with more food offerings, by expanding our menu and offering specials. We plan to do more seasonal promotions around holidays and other special days like St. Patrick’s Day, Cinco de Mayo, 4th of July, Memorial Day, Labor Day, Veteran’s Day, etc. We plan to improve the ambiance in the restaurant & patio with new lighting, speakers, decor, & other furnishings. We will add new bar specials and promotions around sporting events. Investors should invest in us because we have a history of success in the restaurant business. We stayed open throughout the COVID-19 restrictions and kept our staff employed throughout, while abiding by the COVID-19 shut downs and limited operation mandates. We resumed full operation when the COVID-19 restrictions ended, with our full staff. We have continued full operation hours and days, ever since. We have increased sales from $275,000 in 2015, when we purchased The Keg, to over $1,000,000 per year, for the last three years. We employee 22 people, year round. We still have growth opportunities in food & beverage sales. We would like to expand our kitchen ti improve our overall production. The Keg has a bright future, in an excellent location, and a very capable staff and ownership. Investors will see success!
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Self Identified Competition
Hot Dog Hut, Our Gangs Bar & Grille, Quaker Steak & Lube, and Buffalo Wild Wings. Service, prices, quality and ambiance set The Keg apart from our competitors.
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