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.
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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
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Funding Usage
maintenance & repairs, equipment, general operating expenses
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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.
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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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Contact Applicant
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