Smashed Bean LLC | Application Preview
Smashed Bean LLC is seeking government grants to support their startup costs as they launch their coffee truck business in Las Vegas. They aim to cover initial expenses and establish a solid reputation while investing in future coffee trucks and expanding their team. Currently operating one truck with two employees, the business plans to grow over the next five years by adding more trucks, catering to private events, and potentially obtaining an alcohol license for unique drink offerings.
The funding would benefit a family-owned business committed to serving the Las Vegas community, particularly healthcare workers through partnerships with hospitals. Their commitment to using fair trade and rainforest alliance coffee aligns with supporting both environmental sustainability and ethical trade.
In terms of competition, Smashed Bean faces established players like Starbucks and Dutch Brothers. However, they seek to differentiate themselves by providing mobile coffee services to underserved areas and offering catering for events. Their focus on ethical sourcing of coffee beans, along with innovative beverage options, gives them a competitive edge in the market.
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General Information
Business Registration Number: 92-1667342
Location: Henderson, NV, 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
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Funding Usage
We are looking to use these funds to cover our startup costs as currently we are investing our own money and business loans. With the funds this will help our first year in operation incase we have unexpected expenses as we look to establish our reputation. Also we will look to grow our business by investing in future coffee trucks and employees to provide a better coverage for the Las Vegas community.
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Business Plan
Currently we have only 1 coffee truck and 2 employees which are myself and my wife. In the next 5 years we are planning to obtain additional trucks to provide multiple areas for our custom coffee experience with the community. After that we are planning to cater to private events and parties and possibly obtain our alcohol license to create more unique drinks. Once we have established these we will look into improvements in our inventory and equipment as well. Investors would be helping a family-owned business looking to expand the options of coffee for the Las Vegas community. Since we are partnering with hospitals to assist the health-care workers both in the early morning and late night they will be supporting that partnership. Lastly we are looking to use fair trade and rainforest alliance coffee wholesalers to help support our environment and international trade.
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Self Identified Competition
Our main competitors here in Las Vegas seem to be Starbucks, and Dutch Brothers. While one of the competitors is also fair trade certified plus rainforest alliance, the other is not so we are looking to establish this certification as a more common practice for coffee businesses. They also have established a respectful revenue flow that we admire and are looking to establish as well. While both have established their own reputations, neither have an option to bring the coffee to those in need where they may not have it easily accessible. As well as neither have an option to provide catering to a large event or special occasion as we plan to do, including a future option to have unique take of coffee plus alcohol infusion drinks for these occasions. Also we are committed to using only fair trade and rainforest alliance certified coffee beans that only one of these competitors provide.
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Contact Applicant
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