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February 15, 2025, 2:25 pm UTC

Broad Street Interiors LLC Broad Street Interiors LLC | Government Grant Application

Broad Street Interiors LLC | Application Preview

 

Broad Street Interiors LLC is seeking government grants to support working capital for their business. The focus of their business plan is to secure interior design projects locally and nationally, with walk-in furniture sales projected to constitute no more than 30% of total revenue. They have recently gained two clients in Savannah and plan to attract more through advertising in local publications and social media outreach. Additionally, they will offer their design studio to local interior designers, incentivizing them with a commission on purchases made for their clients.

The need for funding is underscored by the lack of high-quality furniture and design studios in the area, which is currently dominated by large retail chains like Rooms to Go that do not provide upscale design options. The partners bring over 30 years of combined experience in interior design and have established a respected reputation.

In terms of competition, Broad Street Interiors stands out as there are no local design studios; the nearest options require a two-hour trip to Charleston or Jacksonville. Their competitive edge lies in offering unique, high-quality upholstery and furniture that is primarily American-made, setting them apart from competitors who mainly provide imported products.

  • General Information

    Business Registration Number: Broad Street Interiors LLC

    Location: Savannah, GA, United States

    Length of Operation: 1-5

    Number of Employees: 1-10 Employees

    Annual Gross Income: Less than $100k

    Annual Gross Expense: $250k to $500k

    Open to Loans: NO

  • Funding Usage

    Funds will be used for working capital.

  • Business Plan

    Our main focus will be procuring interior design projects both here and across the country. Walk in furniture sales will likely make up no more than 30% of our gross revenue. We have a unique produce in Savannah and in just two weeks have gotten 2 clients who are building or redesigning their homes in the area. Advertising in local periodicals as well as making full use of social media will be the main help drive traffic in the store. We will also make our design studio available to interior designers in the area and pay them a commission for anything they buy for their clients For anyone who lives in this area there is no real furniture and design studio where you can get top quality products and services. the area is only serviced by big box stores like Rooms to Go which do not offer high end design at any price point. the partners have combined over 30 years experience in interior design and are well respected in the field.

  • Self Identified Competition

    As i wrote above there are no local design studios. folks have to travel 2 hours to Charleston or Jacksonville to find what we offer in terms of custom design. The local competitiors, Rooms to Go and Havertys are cookie cutter. We believe our upholstery in particular offers tremendous value and is nearly all American made. Most of the big box stores only offer imported goods. We offer both.

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