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February 15, 2025, 1:56 pm UTC

Mixer Investments DBA Hugo Laundry 84-3885999 | Government Grant Application

Mixer Investments DBA Hugo Laundry | Application Preview

 

Mixer Investments, operating as Hugo Laundry, is seeking government grants to address several key areas for improvement. Approximately one-third of their washing machines are out of order, and the funds would be used to repair or replace this equipment. Additionally, they aim to enhance their laundromat's interior with renovations and new signage and to launch an advertising campaign that includes ads and social media outreach.

As a smaller laundromat in the area, Hugo Laundry has ambitious plans to extend their operating hours, hire more employees, and potentially offer additional services such as alterations, dry cleaning, and wash-and-fold options.

The requested funding amount is seen as an initial stepping stone rather than a complete solution, but it holds the potential to benefit the local community by enabling job creation. The owners emphasize their commitment to hiring neighborhood residents, providing them with opportunities for stable employment.

In terms of competition, Hugo Laundry faces rivals that operate longer hours and provide a wider range of services, albeit at higher prices. Their competitive advantage lies in being a family-run business where ideas and efforts originate from the owner's wife and daughters, fostering a unique collaborative spirit. Their dedication has garnered community praise for maintaining a clean and welcoming environment, setting them apart from competitors.

  • General Information

    Business Registration Number: 84-3885999

    Location: Littleton, CO, 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

  • Funding Usage

    About a third of our machines are broken, we would use the money to repair or replace these machines. We would also like to update the interior of our laundromat with construction and new signs. We would also like to launch a new advertising campaign with ads and social media.

  • Business Plan

    We are one of the smaller laundromats in the area. With that being said, were hungry! We want the ability to stay open longer, adding open hours and adding employees, possibly add more services like alterations, dry cleaning and wash and fold services. The total asked for is not what we actually need but it is a good start, and we can turn those funds right back into the community we serve. This will give us the opportunity to hire more local people from the neighborhood and give them money for an honest day's work!

  • Self Identified Competition

    Our biggest competitors are open more hours than we are and have more employees. Some offer more services, but they charge more than we do for their machines. This is a family run business. All the ideas have come from my wife and three daughters, everyone helps! This collaborative effort makes us different from any other competitor. We may not have the experience in business my competitors have but we have the will and determination that most have given up on! We have had local comment on how much our laundromat is brighter and cleaner than others and the makes us proud!

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