Asia's Cakes LLC | Application Preview
Asia's Cakes LLC is seeking government grants to fund the construction of their building and cover startup costs for inventory and supplies. In their business plan, they aim to diversify their offerings over the next five years, expanding from desserts to include brunch and lunch, while also planning to open a larger second location in Holly Springs.
The owner emphasizes their commitment and investment in the business, having contributed over $20,000 to initial plans and construction, all while juggling two jobs and parenting three children. They believe that investing in their venture will yield positive returns.
Competitively, Asia's Cakes faces challenges from established businesses like Gigi Cupcakes, Nothing Bundt Cakes, and Crumble Cookies. However, their unique selling point lies in their expanded menu, which includes not only sweet treats but also breads and lunch items, along with a welcoming space for customers to dine in.
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General Information
Business Registration Number: 87-1948951
Location: Raleigh, NC, 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
This funding is to be used for the build out of our building as well as startup cost for inventory and supplies
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Business Plan
In the next 5 years we plan on offering more items expanding from just desserts to brunch and lunch. We are also planning on opening a second location which will be bigger than our original location! Our first location is located at 113 north main street in hollly Springs Investors should invest in me because I have put in the work. I am not just someone here asking for money. I have put up my own funds for this over $20,000 in getting plans made and getting the build out on the building started in holly springs. I will continue to put in the work but just need a little help with funding as I have been working 2 jobs my business as well as dishware to find this build out all while being a mom of 3. Investing in me will not be a loss but a gain thank you
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Self Identified Competition
My 3 competitors are gigi cupcakes, nothing bundt Cakes and crumble cookies. Though these are competitors what week set me apart is I will not only be focused on desserts but breads and lunch bakery What makes me different is my expanded menu. I will not only sell Sweet treats but breads as well as brunch and lunch. Our location offers seating where customers can come to enjoy with us
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Contact Applicant
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