THE PLUMBING DOCTOR OF CHARLESTON LLC | Application Preview
The Plumbing Doctor of Charleston LLC is seeking government grants to support its growth and transition from a full-time job to operating the business full-time. The funding would provide financial stability for three months, allowing the owner to focus on generating income and expanding operations.
In the first two years, the plan includes dedicating 1-2 vehicles for service calls, particularly through home insurance warranties, while using another vehicle for light commercial and residential construction. This expansion is expected to create opportunities for hiring one or two mechanics and an assistant. By years three to five, the goal is to pay off a significant portion of debt and secure an official headquarters, with aspirations to expand regionally, then statewide.
The application emphasizes the owner's established reputation and client base developed over four years of running the business while working full-time. With a high demand for plumbing services in residential and commercial sectors, the business is positioned for growth.
In terms of competition, the owner cites local companies such as Delk Plumbing, Bishop and Sons Plumbing, and Benjamin Franklin Plumbing, noting that they all started from humble beginnings and became reputable names in Charleston. The Plumbing Doctor plans to compete by offering affordable rates and a strong commitment to customer service. Additionally, the owner aims to give back to the community by teaching the plumbing trade to younger generations, emphasizing accessibility, reliability, and cost-effectiveness as key differentiators.
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General Information
Business Registration Number: 81-4831359
Location: north charleston, SC, United States
Length of Operation: 3years 10months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I would be able to quit my full time job and commit fully to growing my business and expanding as the need for plumbers in and around my area is overwhelming. That money would give me a chance to pay my bills up for 3 months in order to generate income to which I would be able to pay myself and use all other funds to payback and build my dream for my family and I.
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Business Plan
Year 1 and 2 will be to establish and dedicate at least 1-2 vehicles to service calls through home insurance warranties and service calls and 1 vehicle to light commercial and residential construction from the ground up. That would keep me busy as I would be working with the ability to hire at least one or two mechanics and a helper. Years 3 to 5 will be the other have paid back half or all debt (minus mortgage) and be able to buy or rent an official office as a headquarters with hopes of expanding throughout the trip county and then the state. Because I'm in need of working capital, a hard worker and have a good name and clientelle established with having ran my company for over 4 years and working full time all the while. The business name is already established with plenty potential to grow and become bigger than expected. The need for plumbers is huge in all areas. Residential, commercial and service.
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Self Identified Competition
I would compare my company and what I'm planning to do to Delk plumbing, Bishop and sons plumbing and Benjamin Franklin plumbing. All these companies started from home and built their entities to household names in the Charleston area and beyond. My rates will be both affordable and I'm a local to the area, while growing my business I want to be able to teach and give back to the community by teaching the younger generation the trade as hell to their home and families or for a career. I'm career hungry, driven and willing to go the extra mile and more to become a first call service mainly due to accessibility, availability and quality all while saving funds compared to these other companies overcharging every chance they can.
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Contact Applicant
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