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February 15, 2025, 2:02 pm UTC

Top of the Market 74-3026316 | Government Grant Application

Top of the Market | Application Preview

 

Top of the Market is applying for government grants to support maintenance and repairs, equipment upgrades, and general operating expenses. The business has outlined a 3-5 year plan aimed at growing its take-out market offerings, extending hours of operation, and increasing event and party bookings by 30%, a segment that has seen a decline since the COVID pandemic.

The application emphasizes the owner’s commitment to the community, highlighting their status as a long-standing business and tax payer who has not fully recovered from the pandemic, with sales down over 30%.

In terms of competition, the business faces strong rivals, including the Dayton Art Institute, The Arcade, and The Carillon, all of which are nonprofit organizations competing for event bookings. Notably, a nearby food competitor recently closed after 15 years, indicating challenges within the local market.

Top of the Market's competitive advantage lies in its ability to prepare food to order based on customer requests and its popularity as a go-to option for local businesses seeking office lunches. Additionally, the provision of free delivery helps set it apart in a competitive environment.

  • General Information

    Business Registration Number: 74-3026316

    Location: Dayton, OH, United States

    Length of Operation: 11plus

    Number of Employees: 11-25 Employees

    Annual Gross Income: $1M to $10M

    Annual Gross Expense: $1M to $10M

    Open to Loans: NO

  • Funding Usage

    maintenance & repairs, equipment, general operating expenses

  • Business Plan

    We have forecasted a 3-5 year plan on growing the take-out market offerings, expanding out hours of operation and growing our event / party bookings by 30% which we lost post COVID. We are a community member, tax payer and long standing business owner who has not recuperated from the pandemic. Our sales are down over 30% post pandemic.

  • Self Identified Competition

    The Dayton Art Institute The Arcade The Carillon *** All are nonprofits and are strong competitors in the events business. Our food/market to-go / dine-in competitor sadly recently closed after 15 years in business. We prepare food to order based on requests, many local business utilize our market as a neighborhood office lunch option. We offer free delivery.

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