Goodies By B LLC | Application Preview
Goodies By B LLC is seeking government grant funding to establish a cafe/bakery in Montvale, Bedford County, Virginia. The owner aims to purchase property in the area, as there are currently no local bakeries, believing that this business will attract visitors and contribute to the economic growth of the county.
The business plan centers on creating a well-recognized cafe/bakery that will not only boost local traffic but also encourage the success of other nearby businesses. The goal is to achieve an annual revenue of over $100,000, which would allow for hiring employees and providing them with stable job opportunities.
The applicant expresses confidence in the business's potential for growth, stating that the lack of similar establishments in Montvale positions them uniquely in the market. By opening this cafe/bakery, the owner intends to offer residents a variety of options for coffee, desserts, and custom cake orders, all while giving back to the community.
While there is some competition from LJ Creations in the Town of Bedford, the owner emphasizes that it is not a direct competitor due to the distance of over 20 miles. Goodies By B LLC differentiates itself through its focus on custom cakes and specialty cinnamon rolls, which are not offered by LJ Creations, aiming to fulfill a unique niche in Montvale.
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General Information
Business Registration Number: 92-2488280
Location: Thaxton, 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
I would like to buy property in Montvale, Bedford County Virginia to open up a local cafe/bakery. There are no local bakeries in Montvale and I believe by placing mine at a prime location it will draw people into the area and add profit for the county.
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Business Plan
I plan to be an exclusive well known cafe/bakery in Montvale Virginia. With advertising and placing a physical location in the county, this will bring more people to the county and success for all businesses around. I would like to have a revenue over 100k a year that continues to grow to where I can hire employees and provide job security for them. I am confident my business will grow in the County of Bedford. As my business grows, others around will grow as well. There is not a cafe/bakery in the location I am considering-so no direct competitors. I have built a strong clientele already and by opening a physical location I believe that will continue to grow. By opening a unique option in Montvale Virginia it will provide residents with options to go get a coffee or go get a dessert or order a cake for a birthday. Besides those points my business is driven off giving, so on top of providing goodies for the community I will be giving back to them as well.
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Self Identified Competition
LJ creations in the Town of Bedford, however they are not considered a direct competitor due to being 20+ miles away from the location I would like to be at. Although they are not a direct competitor I fair differently to LJS due to the fact I do offer more Custom Cakes and Specialty Cinnamon Rolls where as LJs has taken up a more cafe role and a limited range of specialty desserts.
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Contact Applicant
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