BoxDrop Carrollton | Application Preview
BoxDrop Carrollton is seeking government grants to support the expansion of their inventory, aiming to increase sales and gross profits. The funding will allow them to move to a larger location and purchase additional stock, which is expected to enhance profit margins.
The business plan includes diversifying their offerings by introducing furniture and adjustable base beds, as well as opening a second location in La Grange, KY. With a strong track record of growth and a profit margin exceeding 50%, BoxDrop is well-positioned in the market, where the demand for mattresses remains steady.
In terms of competition, they face rivals such as FPO Furniture and Mattress, Mattress by Appointment, and Furniture Liquidators. BoxDrop’s competitive advantage lies in being a family and veteran-owned business that prioritizes customer satisfaction and efficient delivery.
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General Information
Business Registration Number: 84-3553399
Location: Carrollton, KY, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We are looking to expand our inventory in order to boast our sales and overall gross profit. This money would do two things: 1. It would help us get a bigger location in order to expand our inventory, 2. It would help us stock more inventory which in turn would give us higher profit margins.
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Business Plan
We are looking to expand BoxDrop by introducing furniture to our line up and adjustable base beds. We also are looking at opening up a second location in the La Grange, KY area. We are rapidly growing business, the demand for mattresses will always be there, our current profit margin is above 50% and the company has a proven track record of success.
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Self Identified Competition
FPO Furniture and Mattress Mattress by Appointment Furniture Liquidators We are a family/veteran owned business that focuses on customer satisfaction and timely product delivery.
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Contact Applicant
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