Vol Vending LLC | Application Preview
Vol Vending LLC is applying for government grants to support its growth and reduce startup debt. The funds will be allocated to expand the business by acquiring more vending machines and upgrading existing equipment. Currently, the company operates 12 machines across 6 locations and aims to purchase additional machines for new locations.
The business is a single-member, veteran-owned venture that is already profitable. All profits have been reinvested to pay off a personal loan incurred during startup, with a plan to become debt-free within three years at its current operational scale.
Vol Vending's primary competitors are larger companies like Star Vending and Aramark. However, its competitive advantage lies in being a local, veteran-owned business with strong community ties, which resonates with customers seeking to support local enterprises.
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General Information
Business Registration Number: 001407249
Location: Powell, TN, 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
Funds would be used to expand business with additional machines in additional locations, upgrade existing equipment, reduce initial debt from start up costs.
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Business Plan
Currently operating 12 vending machines in 6 locations. Looking to purchase additional machines to place in additional locations. I am operating a single member, local and veteran owned small business . Business is immediately profitable and so far all profits have been placed back into the company to pay off a personal loan for start up costs. Company is expected to be debt free in 3 years at current size.
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Self Identified Competition
Main competitors are large companies Star Vending and Aramark Functionally I operate the same as the large vending companies. Perspectively I am operating a small veteran owned business with ties to the local community.
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Contact Applicant
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