Achara LLC | Application Preview
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General Information
Business Registration Number: 88-3094160
Location: Fredericksburg, VA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We plan to us $26,000 to pay off credit card debt incurred from furnishing the properties to rent them out fully furnished. Then will use $174,000 to purchase 15 vending machines from the naturals2go vending machine company.
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Business Plan
We plan on purchasing more vending machines as well as more rental properties once the initial set of machines is bringing in a good amount of income. The rental properties we currently have are already sustaining themselves a long with a profit of about $2,000-4,000 a month depending on the month. My husband is a disabled veteran who has served his country diligently, I am currently and active duty US Marine who has served 13 years and just had our first baby. We just want to be able to succeed outside of the military and show our child he can become an entrepreneur just like us instead of have to sacrifice so much (our body, our time and our mental health) as we did for our country.
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Self Identified Competition
Our competitors are other rental properties in the area as well as other vending machines in the area. There is always a high demand for rentals and the vending machine company located the perfect places in the area where it is sure to make money. It is also a health conscious vending machine company so it’s different and more people are wanting to turn a new leaf and try and eat healthier.
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