Matthews Yes Wet Paint LLC | Application Preview
Matthews Yes Wet Paint LLC is seeking government grants to acquire additional equipment, such as ladders, spray guns, drills, and other tools, in order to enhance operational efficiency.
The business intends to expand its operations over the next five years, moving from a focus on residential painting and carpentry to include commercial painting and restoration. Having successfully operated in the residential sector for four years with annual revenue growth since going public, the company aims to bid on contracts that could increase revenue by $400,000 annually.
The application argues for funding approval by highlighting the company's consistent revenue growth and the strong demand for painting services, as customers frequently seek to enhance their homes and offices. As a small local business, Matthews Yes Wet Paint LLC believes that investors would see a promising return on investment in the next five years.
While competition includes several Hispanic painting companies, the business differentiates itself through superior customer service, a commitment to completing jobs within three days, and ensuring customers have a memorable experience. The company also boasts an impressive 80% referral rate from satisfied clients, which underscores its focus on customer satisfaction.
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General Information
Business Registration Number: 93-1498554
Location: Bartlett, TN, 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: NO
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Funding Usage
we will use the funds to purchase additional equipment to be more efficient. Extra ladders, spray gun, drill, and other tools for us to more efficient and effective.
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Business Plan
We plan to grow our business over the next 5 years by expanding our paint business into the commercial space. For the past 4 years we have been focusing on the residential market painting interior and exterior homes and carpentry replacing wood. Our revenue has increased every year since going public. The plan is to expand into commercial painting and restoration. We would also like to provide car We would like to bid for contracts in hops to increase our revenue 400,000 per year. Investors should consider investing in our painting company because we have a track record of generating increasing revenue every year. Also, painting is a high demand skill in which customers look to have their homes or offices restored and improved by adding different colors and textures. Were a small local business: we only operate locally and in the surrounding areas. You should invest in us because we feel as though you would receive a nice rate of return over the next 5 years.
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Self Identified Competition
In our market it is difficult to say who our competitors are, but I will say we are competing with many Hispanic painting companies. We are different from our competitors for several reasons: 1. We provide the highest quality of customers service. 2. We aim to finish a job in 3 days max 3. We strive to provide our customers with a pleasant experience that the will remember forever 4. Referrals are key to our business. We tend to receive and 80% referral rate from loyal customers
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Contact Applicant
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