6172658171 | Application Preview
The business seeking government grant funding has faced significant challenges following the Covid pandemic, resulting in fluctuating sales and financial strain. The owner believes that hiring additional employees would enhance customer service but fears they cannot afford these positions due to low profits. Funding would also help cover overdue meal taxes.
The business plan centers around opening a Caribbean buffet in an adjacent space that the owner has been unable to develop due to financial constraints. The owner emphasizes the restaurant’s potential, supported by more than 15 years of operation in the same neighborhood and a strong community following.
In terms of competition, the owner identifies three other Haitian restaurants in the broader Boston area. The business aims to stand out by offering tastier dishes at lower prices, a sentiment echoed by satisfied customers.
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General Information
Business Registration Number: 792 Washington st
Location: Dorchester, MA, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
After Covid things have been rough. Sales have fluctuated where we have good and bad months. If we had more employees we can provide better services to our customers. We can't afford more employees due to Lack of profit. Funding can also help us pay Over due meal taxes.
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Business Plan
We would like to open a carribean buffet. We have an open space next door that I have been holding on to but financially incapable of doing anything with it. Because I have seen the restaurants potential. People Love food. We Can cook we have been in business for over 15 years in the same neighborhood and we are loved by our community.
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Self Identified Competition
Top 3 I would say Our probably 3 other Haitian restaurants not so close to me but in the Boston area. We are different because our plates are not as costly and our foods are tastier this is is coming from the mouths of customers.
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Contact Applicant
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