The baby shoppe | Application Preview
The Baby Shoppe is applying for government grants to cover operational expenses. Established ten years ago, the shop plays a critical role in a low-income community, serving as the only local source for essential infant items for parents without transportation. The business has successfully operated on low profit margins while meeting the needs of local families, especially during challenging times like the COVID-19 pandemic, which has disproportionately affected the poorest residents.
The funding is crucial to continue supporting the community, which would struggle without the shop's presence. While competitors like Walmart, Target, and Gordmans exist, The Baby Shoppe's advantage lies in its deeply reduced prices and convenient location. Most customers lack the means to travel to these larger stores, making The Baby Shoppe an indispensable resource in the neighborhood.
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General Information
Business Registration Number: The baby shoppe
Location: peoria, IL, United States
Length of Operation: 10.5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Operational expenses
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Business Plan
We have been in business for ten years. We are a very vital part of this community. We are located in a very low income zip code. We provide essential infant items for parents who do not have transportation out of the neighborhood. We are their only source in this side of the river. The baby shoppe has been providing essential infant and children's items at a very low profit margin for ten years successfully. The neighborhood would be lost without us. Covid has directly hurt the poorest people as they have no savings and no where to get employment.
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Self Identified Competition
Walmart obviously is a competitor. Target and Gordmans. Our prices are extremely slashed and most of my customers do not have the transportation to even get to Walmart or Target. I'm in their community.
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Contact Applicant
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