The Bougie Bar LLC | Application Preview
The Bougie Bar LLC is applying for government grants to fund the construction of a mobile bar trailer and to purchase essential equipment such as cups, strainers, and cocktail shakers. The grant will also support marketing efforts and improve the efficiency of their home office.
In the next five years, the business plans to expand to two mobile bars and enter Phase 3, which involves opening a venue for events like weddings. This venue will enhance their offerings and create jobs while also attracting more investors. Their aim is to generate sufficient income to own a physical office dedicated to event planning.
The Bougie Bar embodies values such as love, respect, cultural understanding, inclusivity, and support for military personnel. By offering a mobile service that provides stylish and affordable cocktail experiences, they cater to weddings and other events, making them accessible even for smaller gatherings. They also offer discounts for active military members and veterans.
Facing competition from other local mobile bar services, The Bougie Bar distinguishes itself through its ability to customize event decor, travel to neighboring states, and offer reasonable pricing. As a minority-owned and woman-owned business, it appeals to diverse demographic sectors and promotes inclusivity, ensuring that everyone can enjoy memorable occasions.
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General Information
Business Registration Number: 92-3576696
Location: Norfolk, VA, 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: YES
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Funding Usage
The Bougie Bar LLC requires funding for allocation of the trailer, and build out to make the bar. Funding will also be utilized towards the purchase and stock of the tools necessary for the business (cups, strainers, cocktail shakers, etc.). In addition, the grant money received would be used towards marketing for the company and equipment necessary to keep the home office running smoothly.
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Business Plan
In the next 5 years, The Bougie Bar LLC will have already expanded into operating an additional mobile bar (2 mobile bars total), and have moved into Phase 3 of our business plan. Phase 3 includes opening a venue space for events that will include a physical bar, named after its predecessors. This event space will be an all inclusive for weddings, and other memorable events. We will have hired more employees by then, and expect to have taken on more investors (and or partners). In 5 years, we will have also generated enough income to own a physical office to conduct event planning business. The Bougie Bar is founded on principles, including but not limited to: 1. Love, kindness, respect, and professionalism 2. Cultural appreciation and understanding 3. Inclusivity and diversity acceptance 4. Economic flexibility and insight 5. Respect for Military Persons and Veterans The Bougie Bar combines the warmth of southern hospitality with the class of a socialite. Through our mobile service, we are readily available to provide delicious libations for weddings, birthdays, and other momentous occasions. Our mission is to combine community and culture while we provide a classy cocktail experience. Since the bar is mobile, it accommodates even the smallest events. It provides a flexible and fun means of obtaining and consuming alcohol at a reasonable price. In addition, The Bougie Bar will also cater to those with Active Military and Veteran status by discounting their services. In a time where inclusivity and diversity acceptance are so important, we feel it is imperative that The Bougie Bar leads by example. Thus, when clients are looking to hire our bar, all are welcome. Since the bar is a beacon of kindness and hospitality, The Bougie Bar is dedicated to clients who share the idea that love can bring people closer together, but alcohol helps too.
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Self Identified Competition
Sipping Southern is a mobile bar operation located in Williamsburg, VA. They cater to weddings and other local events. Noir Mobile Bar is located in Norfolk, VA, and offers smoking and drinking inside their mobile bar. The Pour Cowgirl, located in Yorktown, VA, also caters to weddings and special events. The Bougie Bar LLC is ready to accommodate and decorate our bar for any event. We are also able to travel to bordering states for events. Our prices are more reasonable for services, because we feel that everyone should feel special for special occasions. In addition, our company is founded and owned by a minority (Black owned, and woman owned), which will allow us to reach different demographic sectors than our competitors. Lastly, our bar will cater to all genders, so we can book clients with more continuity and flexibility.
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Contact Applicant
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