AZWC1, LLC | Application Preview
AZWC1, LLC is seeking government grants to eliminate outstanding debt, enabling further growth. The funding will be allocated to acquire additional products, enhance their website, and boost marketing efforts.
The business plan focuses on increasing online traffic to expand reach and improve marketing strategies. They aim to introduce a monthly membership and loyalty program for their existing customer base. By diversifying their offerings beyond collegiate wear to include trendy apparel and local options, they plan to reduce overhead costs compared to traditional retail.
The justification for funding approval highlights the company’s significant untapped potential, especially leveraging its association with the University. Despite challenges posed by COVID-19, AZWC1, LLC has maintained a strong local presence and built a reputable brand among athletes. The company believes that with financial support, it can rebound and achieve substantial profits.
In terms of competition, AZWC1, LLC identifies the University bookstore and Just Sports as their primary rivals. Their competitive advantage lies in offering unique and custom designs, collaborating with local vendors, and providing a boutique experience that stands apart from the standard bookstore atmosphere. They aim to achieve higher sales volumes at favorable prices, tapping into niche markets that competitors overlook.
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General Information
Business Registration Number: 82-2432433
Location: Sahuarita, AZ, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We would use the funds to pay off the last of the debt that is keeping the company from growing. Bring in additional product, optimize the website, and marketing for growth.
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Business Plan
We want to increase online traffic to have a larger reach and increase marketing along with it. Start a monthly membership and loyalty program for the customer base we have built. All of these increase the profit and lower the overhead of a traditional brick and mortar store. We are opening up our offering to not be just specific to collegiate wear but also to include other on trend apparel and local options. We have built a company that has so much potential that hasn't been tapped into. We have the University's name and font, we have platforms that are specific to the name as well, it gives so much reach and untapped potential that was growing already when COVID hit. We are the last local and family owned location that made it through COVID. We have increased our reach with athletes both former and current and have made a name that is well known. The company is poised for a huge profit but we need help to get it back on track from COVID's effects.
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Self Identified Competition
The University of Arizona bookstore and Just Sports are our biggest competitors. Our competitors compete in how against each other in quantity of items. We capitalize on what they don't have, custom and unique designs you can't find anywhere else, local vendors native to the pride of Arizona, boutique and high end feel instead of bookstore feel. We move a higher volume at a better price.
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Contact Applicant
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