Maui Bombers | Application Preview
Maui Bombers is seeking government grants to address a significant revenue decline of over 40% due to a new county ordinance that restricts their operations. The requested funds will be used as a bridge to support payroll while they invest in advertising and develop new tour options.
The business plan includes creating unique tour experiences and heavily promoting them through Google Ads, managed by a professional service. Maui Bombers emphasizes its position as the only innovative bike tour company on the island, consistently earning a #1 ranking on TripAdvisor since 2019. They have faced challenges since their inception in 2016 but have continued to thrive.
In terms of competition, other bike tour companies on Maui use outdated methods and equipment. Maui Bombers sets itself apart by offering smaller group sizes for a more personalized experience, superior bikes, and additional benefits such as inclusive meals, free video and photo packages, fresh fruit, beverages, and homemade muffins. Additionally, they provide the longest bike rides in the industry, further differentiating their tours in the marketplace.
-
General Information
Business Registration Number: 129052 C5
Location: Kihei, HI, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: NO
-
Funding Usage
Due to the Maui County ordinance that passed, restricting greatly how we operate our tours, our revenue has dropped over 40%. I would use the funds as a bridge to meet payroll while increasing advertising and promotion of new and different services.
-
Business Plan
We will be creating exciting new tour options while investing heavily with Google Ads, hiring a professional service to manage the ad campaigns. Of the 7 bike tour companies on Maui, we are the only progressive company that does everything completely different than all the others. We are always trying to improve and have consistently been ranked #1 on TripAdvisor traveler ranking since 2019. We started in 2016 and managed to grow and survive through many obstacles.
-
Self Identified Competition
All the other competitors do the same outdated tour with outdated equipment We do everything differently! Most importantly, our group size is less than half of the competition making our tours boutique, flexible, and intimate. We continue to have the best and newest bikes and accessories. We are the only company that includes lunch in our tours, we provide free video and pictures package, include fresh fruit, beverages, and homemade muffins. We also offer the longest bike ride in the industry.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
