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June 25, 2024, 1:59 am UTC

Devon Coles Training Academy 85-2668731 | Government Grant Application

Devon Coles Training Academy | Application Preview

  • General Information

    Business Registration Number: 85-2668731

    Location: Pennsauken, NJ, United States

    Length of Operation: I have been training

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: NO

  • Funding Usage

    I am looking for financial assistance with a small business grant to help with fees that come along with the training business.I am in hopes to find a building in the next few years to own my own gym but I am aware of the financial hardship that it can bring. I believe that a small business grant can assist with keeping my training afloat while launching my future projects. Due to COVID-19, I am spending a substantial amount of money on disinfectant spray, sanitizer, and paper towels. A small grant would help fund these resources so that I can save my profits from the training.

  • Business Plan

    I plan to lease/own a building for basketball players and athletes to develop their skillset. I plan to hire other trainers and videographers to further market my brand. I believe someone should invest in my brand because of the history and potential that it can bring. I have a consistent clientele base that continues to grow and I foresee that it will become one of the top brands in the state of New Jersey within the next 2-5 years. I currently have a 5 star rating on Google and I appear in the top 3-5 searches within the area of South Jersey. I have seen a growth in clientele with at least 5 new clients per month within the last 4-6 months. I have a plan to open a gym for basketball training but also renting it for teams to use for practices and games so that I could receive profits from that as well. There are not many gyms within the South Jersey area that provide daily training and rental use for games and practices. I believe this brings a unique approach to an investor.

  • Self Identified Competition

    My top three competitors are Fidonce Player Development in Philadelphia,PA. Peak Skills basketball in West Berlin,NJ and Nexxt Level Sports in Voorhees,NJ. None of the sports programs I listed are in the Burlington County area and I believe that offering training and gym rentals within the Burlington County area can further separate me from the competition. I plan to offer additional services such as a lounging/entertainment area for parents and guardians while their child is training.

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