Zen and Ginger LLC | Application Preview
Zen and Ginger LLC is seeking government funding to address various financial obligations, including loan repayments, tax liabilities, store upgrades, supply purchases, and employee wages.
Their business plan involves expanding their brick and mortar location into a mobile food unit, which would enhance visibility and promote their main store. With Jacksonville's population growth, they also aim to establish additional locations near colleges and universities to capture a larger customer base.
The justification for the funding rests on the relatively low number of boba tea shops in Jacksonville compared to markets like California. This presents a unique opportunity for growth due to minimal competition in the area, with their main competitors being Kungfu Tea, Gong Cha, and Tsaoca.
Zen and Ginger LLC sets itself apart through its inviting store atmosphere, attentive staff, and a commitment to sourcing the highest quality ingredients. Their business model prioritizes customer relationships, which they believe is crucial to their success in this expanding market.
-
General Information
Business Registration Number: 852156946
Location: Jacksonville, FL, United States
Length of Operation: 1-5
Number of Employees: 11-25 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
-
Funding Usage
We will be using this fund to pay back some of the loans, taxes, upgrade for the store, supplies purchase and pay for labor expenses.
-
Business Plan
We are planning to expand our brick and mortar store into mobile food unit so this will help promote our mortar store. In addition with the tremendous growth of Jacksonville population, we plan to open additional store near colleges and university. Boba tea concept is not new. There are many in California. However in Jacksonville, there are less than 10 actual stores. There are great opportunity for expand and growth because of low competition.
-
Self Identified Competition
Our top 3 competitors are: Kungfu Tea, Gong Cha and Tsaoca. What make us unique is our store atmosphere and staff. We choose our vendors very careful to have the highest quality products and ingredients for our drinks. In addition, our business model is people business selling Boba with the foremost focus on the customer relationship.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
