Eaton Appliance Service & Repair | Application Preview
Eaton Appliance Service & Repair is seeking government grants to finance essential equipment for their business. The requested funds will be allocated towards purchasing a work truck, specific tools including an appliance dolly, and marketing efforts to promote their services.
The business aims to expand by acquiring a warehouse and venturing into appliance retail. With over five years of experience in appliance repair and installation, the owner highlights their unique position in a 50-mile radius, as they are among the few providers of these services in the area.
In terms of competition, the main rivals are local options like Lake City Hardware and Swansons Appliances, which is 15 miles away. The owner believes their competitive edge lies in their extensive experience, having worked at Lake City Hardware for five years, and their established connections within the community. This background gives them a stronger local presence compared to competitors operating in different towns.
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General Information
Business Registration Number: 1606016700
Location: Lake City, IA, United States
Length of Operation: 1-5
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
Work truck Specific tools Appliance dolly Marketing/ads
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Business Plan
I would like to get a warehouse and move into the appliance retail business as well. I have 5+ yrs in appliance repair and installation experience. I’m one of the only establishments offering these services in a 50 mile radius.
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Self Identified Competition
The only other repair services in the area is the local hardware store, Lake City Hardware and Swansons Appliances 15 miles away. I worked for Lake City Hardware for 5 yrs and trained my replacement for a year before I left to practice solo so I have more experience. Also working locally for that timeframe I have more reach with the community than Swansons with them being in a different town.
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Contact Applicant
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