Edwards, Lee and Edwards | Application Preview
Edwards, Lee and Edwards are seeking government grants to fund the repaving of their gas station's parking lot, which they believe will enhance revenue and allow them to hire 1-2 additional employees. Their business model aims to revive the classic gas station experience by employing gas attendants to provide services such as pumping fuel, cleaning windshields, and checking tire pressure at no extra charge. This nostalgic approach is expected to attract both older customers, who appreciate traditional service, and younger customers, as the owners remain in touch with modern needs.
The station is positioned in a competitive landscape with only one other gas station within a 20-mile radius, which lacks the additional services and major fuel branding found at Edwards, Lee and Edwards' location. They highlight their station's cleanliness, larger parking area, and the absence of crime as significant advantages over the competitor. The funding is justified by the owners' strong business acumen and their commitment to reinvesting in the station for better returns. Overall, the proposal emphasizes a unique service-oriented approach in a market with limited competition.
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General Information
Business Registration Number: 92-3634377
Location: Minden, LA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Help repave the parking lot which will bring in more revenue and hiring 1-2 more workers.
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Business Plan
We are bringing back the "Old School" gas station feel. There will be a gas attendant that will pump your fuel for you, clean your windshield and check the air in your tires all at no additional charge. This added feature will justify the pay for the gas attendant and help increase fuel sales. With the added fuel sales, we will put in a true convenience store with drinks, chips and snacks. We have a good working knowledge of business and running a gas satiation. We have an old school work mentality that will help bring in the older customers and we are young enough to still be in touch with the younger customers. Where our gas station is located, there is only 1 other station and the crime there has gotten so bad that our station is growing faster and faster. We are putting money into our station to get more return on our investment.
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Self Identified Competition
There is only 1 gas station within 20 miles of ours. They do not provide the services we do, they only sell fuel and do not have a service station to work on cars, tires etc. We pump the fuel for the customers and are a major fuel brand. The other station is not branded by a major fuel brand. The first major difference is the eye test. Our gas station is noticeably cleaner and more organized. The parking lot is 3 times bigger then our competitors. We sell a major fuel brand were as our competitor does not. We have NO crime in our gas station and there has been several major violent crimes in and immediately around our competitor. We have full time gas attendants that provide a long forgotten service of pumping the customers fuel and cleaning their windshield, checking the air in their tires and even checking their oil.
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Contact Applicant
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