Gearhead Fabrications | Application Preview
Gearhead Fabrications is seeking government grant funding for several key purposes: to hire additional mechanics and to acquire essential equipment and parts. The aim is to streamline their operations by ordering multiple parts at once to avoid delays caused by backorders, which can often take months.
The business plan focuses on addressing current bottlenecks in work distribution. With insufficient staff and equipment, they are unable to meet demand. By expanding their team and upgrading their tools, they expect to increase production capacity, ultimately allowing them to fulfill customer orders more efficiently.
The case for funding approval emphasizes the company's established reputation, as they have been in operation for over 10 years, delivering high-quality work. They believe that financial support will help them grow and capitalize on their strengths, particularly the exceptional skills and innovative mindset of the owner, who has extensive automotive knowledge.
While they face some competition, they argue that no direct competitors exist for their comprehensive service offerings, as they strive to be a one-stop shop for their customers. The competitive advantage lies in the owner's unique talent and approach, which they hope to leverage more fully with the additional resources provided through the grant.
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General Information
Business Registration Number: 82-3549037
Location: Port St Lucie, FL, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: YES
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Funding Usage
Hire mechanics. Buy much needed equipment and parts. Would like to order multiple in parts, so these parts are accessible. Not have to wait for individual parts or get caught up in the eternal it is on back order. Sometime parts take months to arrive.
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Business Plan
By hiring help and getting needed equipment we plan to increase distribution. Right now we are backed up in getting work out. We do not have enough help. Getting better and needed equipment will help us get the work out. Getting much needed help would allow us to produce more. We have the need for employees but not the finance to pay. We are a strong company that have been around for more than 10 years. We are professionals are our work is top quality. We have the desire to grow but not the finance. We also have an owner that has an incredible work ethic and an incredible mind. His knowledge of cars is unsurpassed. He thinks outside the box and has a flare that can not be found just anywhere.
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Self Identified Competition
We really do not have direct competitors. We have some competition in some areas on what we offer but not as a whole. We are striving to be a one stop shop. The owner! He is truly gifted at what he does. His mind works differently than others. He sees how things work in his head and makes it happen. We just have not had the funds to make it all happen
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Contact Applicant
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