House Of Donuts, LLC | Application Preview
House Of Donuts, LLC is seeking government grants to support its growth by funding the purchase of essential storage and baking supplies, as well as ingredients. Over the next five years, the business intends to expand into a food truck operation and hire 1 to 2 additional staff members. In a decade, the aim is to transition into a brick-and-mortar location with a team of five employees.
The owner is passionate about entrepreneurship and is motivated not only by personal success but also by the desire to support their parents by providing for their retirement. Additionally, the owner aims to give back to the community by mentoring young girls, inspiring them to pursue their own business dreams.
In terms of competition, House Of Donuts faces challenges from established brands like Shipley’s Donuts, local shops, and Krispy Kreme. However, the business differentiates itself through unique donut toppings and a commitment to small-batch production, ensuring each item is crafted with care and creativity. The owner’s goal is to create a delightful experience that combines favorite activities like watching shows or reading while enjoying a donut and coffee, fostering a sense of joy in their customers.
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General Information
Business Registration Number: 804974529
Location: Coppell, TX, 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
The funding will be used to purchase storage supplies, baking supplies, and baking ingredients.
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Business Plan
In the next 5 years I plan to expand my business to a food truck and hire 1-2 more employees. In the next 10 years I plan to move my business to a brick and mortar location that will be staffed with 5 employees. I have always had a dream of owning my own business and now I am in a position to make my dream come true. With the success of owning my own business I will be able to take care of my parents and allow them to retire so they are able to live a financially free life. I also want to be able to give back to the community by mentoring to young teenage girls and showing them they too can own their own businesses and be successful.
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Self Identified Competition
My top 3 competitors in my area are Shipley's Donuts, local donut shops, and Krispy Kreme My creativity shines brightly with the different combination toppings for my donuts that you cannot get at a local donut shop or a major chain. I am a small batch donut company that makes sure every donut and kolache is made with love. I have been blessed with a skill that I want to share with the world. To me there is nothing better than watching my favorite show or reading my favorite book on a sunny while eating a donut and drinking a hot cup of coffee!
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