Knockout Lockout Mobile Services | Application Preview
Knockout Lockout Mobile Services is seeking government grants to expand its operations and enhance service offerings. The funding will be used to purchase an additional vehicle, as the current one requires significant repairs, and to increase inventory for key fobs and locks to better meet customer needs without delays. The business intends to acquire advanced programming tools to handle high-end vehicles and residential installation kits, focusing on efficiency and preparedness.
The business plan involves introducing residential services, which will broaden the customer base and boost revenue. Enhanced marketing efforts, including paid advertisements, are also planned to increase visibility and sales in the community.
The owner emphasizes their dedication to helping people and aims to improve service capacity, potentially assisting 85-90% of inquiries compared to the current ability to serve about half. This expansion is viewed as essential for generating a more profitable income while serving the local community.
In a competitive landscape featuring companies like All American Locksmith, Lockout Express, and KeyMe Locksmiths, Knockout Lockout stands out by being mobile, offering affordable rates, and maintaining a strong focus on customer service. The owner prides themselves on being punctual and professional, aiming to build a reputation for quality service that distinguishes them from competitors.
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General Information
Business Registration Number: 84-1993986
Location: Trail Creek, IN, 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 expand my business to serve more people. I would like to offer residential services as well. I will need to try and purchase another vehicle, as my current one that I use needs major repairs. I would like to purchase more inventory (key fobs, keys) so that way I have a variety on hand instead of having to order and wait until it arrives, and possibly losing the customer. I need better, more productive programmers that can program high end cars (BMW, Mercedes). Door installation kits, router to cut specific holes for deadbolt locks, door latch installation kit, residential locks on hand to service customers (if needed), tool boxes to store equipment. I would also like to upgrade my key cutting machine that will allow me to cut auto, residential, & motorcycle keys.
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Business Plan
I plan to expand my services to also include Residential services, which will allow me to increase my customer base and revenue. I can market better and possibly use paid advertisement to help boost sales. I will be in a better position to service the community I live in and surrounding areas. I am a very hard working individual that started my company to help people in need. I would like the opportunity to expand my business and the services I provide to better help the customers that call, instead of having to lose them because either I do not offer the service requested, or I do not have the key, key fob or remote for the vehicle in need. With the funding, I will be able to assist more customers, thus helping them and also to help me generate a more profitable income. I get a lot of calls for help, but for now, I can only assist about half, with the funding, I will be able to reach and help about 85-90% of the people that reach out to me for assistance.
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Self Identified Competition
All American Locksmith, Lockout Express, and KeyMe Locksmiths My business is mobile and I pride myself on providing the best customer service to customers and being quick and punctual so my customers are not waiting. I offer auto lockouts at an affordable rate, which my competitors do not. I get feedback on how professional and courteous I am and that is the kind of business I'd like to build for my customers.
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Contact Applicant
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