Mrs Khan | Application Preview
Mrs. Khan's grant application outlines a need for financial assistance due to declining business and high payroll costs that are outpacing income. The restaurant is seeking funds to enhance advertising efforts and expand its menu, addressing the challenges faced in its initial months of operation.
She emphasizes the uniqueness of her business in the area and argues that with investor support, they can overcome current hurdles and improve both food quality and service, ultimately attracting more customers to Menlo Park and contributing to local growth.
The competition comprises Halal Street Newark and Kusan Uyghur Restaurant, both offering similar cuisine, while an unlicensed home kitchen also poses a challenge. However, Mrs. Khan highlights her restaurant's competitive edge, noting its appealing decor, dine-in options, and the preparation of meals from scratch, in contrast to competitors who rely on pre-packaged ingredients.
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General Information
Business Registration Number: 202252418680
Location: Menlo Park, CA, United States
Length of Operation: 1-5
Number of Employees: 11-25 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
we are having lots of expenses and business getting slower than the first quarter of this year. The employees' paychecks and payroll taxes are really high, on top of that since we are getting more slow than usual, the income and expense are not proportional.
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Business Plan
We are working on advertising and creating more items on the menu. Before we didn't do any advertising due to less experience in restaurant and training employees. Now we are ready but business getting slower than in our first few months. We are uniquee in this area, and if investors invest on us, we will able to deal with our currect problems and improve our food and service. We make more revenue means we bring customers to Menlo Park and grow our city together.
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Self Identified Competition
Halal Street Newark (selling same food) Kusan Uyghur Restaurant (selling same food and being business for at least 5 years) there is home kitchen but i dont know if they have license or not, they selling exactly same food like us and customers always compare us with them (named " yi li lao hui ming") We have beautiful decor and dine in option, or more seats aviable to customers. We make every food in our kitchen, including sauce for dishes, my competitors are using ready package sauce or food and serve customers, or they only have pick up option.
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Contact Applicant
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