EV Powerplay LLC | Application Preview
EV Powerplay LLC is seeking government grants to support its new venture, Tergo, which focuses on mobile vehicle servicing. The company plans to use the funds to pay off existing vehicle loans and purchase two additional vehicles, one of which will be used for rentals. Together, these vehicles are expected to generate about $3,000 per month to help establish Tergo. This service allows clients, particularly those using platforms like DoorDash and Instacart, to request fueling and detailing for their vehicles right at their location.
Since launching in July 2023, Tergo has been promoting its services through social media, targeted gifts to customers, and word of mouth amongst entrepreneurs. The plan is to evolve Tergo into a full-time operation by December 2023, with an ambition to integrate an app for easy booking by 2024. Future plans include hiring a service team, exploring industrial applications for fueling construction equipment, and expanding operations into Columbus, Ohio by 2025. By 2026, Tergo aims to innovate in mobile electric vehicle charging and grow beyond Ohio.
The application argues for funding by emphasizing the convenience that Tergo offers to consumers who often put off fueling their vehicles due to the hassles of traditional gas stations. Tergo’s model enables a subscription service for routine fueling and vehicle detailing, enhancing customer experience by providing service directly where they are. The proposal claims there is currently no direct competition offering such a seamless mobile fueling and detailing service, positioning Tergo as a unique player in the market. The potential for partnerships and growth in consumer service indicates a promising future for the enterprise.
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General Information
Business Registration Number: 4702302
Location: North Royalton, OH, 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
Pay off current vehicle notes at $70k, purchase two additional vehicles. One for rental. These three vehicles will earn approximatly $3k/month to support a new branch of EVPowerPlay called Tergo. The fourth vehicle will be dedicated to direct-to-home vehicle servicing. This branch under EVPowerPlay LLC is called Tergo - Courtesy Vehicle Fueling. Clients contact Tergo for fuel for their car where ever it's parked. Quick detail included. This is targeted toward DoorDash and InstaCart consumers.
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Business Plan
I am advertising through social media, gifts provided to DoorDash customers, and word of mouth in entrepreneur circles. This branch of EV PowerPlay LLC called Tergo launched in July 2023. By December 2023 this will be a full time occupation with enough paying clients. In 2024 I will hire app developers to make Tergo easy to book and common on your phone. 2024 will require hiring a service team and executive partners. 2024 will also reach into industrial applications such as small construction companies who need their equipment fueled instead of having their employees spend time at a gas station. 2025 will expand in Ohio to Columbus. 2026 will require innovative equipment for mobile electric vehicle charging. At this long term point it will grow across Ohio boarders to be a national entity founded in Cleveland, OH. Consumers are conditioned to receiving services to their doorstep. Consumers dread a trip to the gas station by putting off their fueling until the tank is empty. By that point they are frustrated and anxious about taking time out of their day to fuel at a dirty gas station. Tergo will fuel their car at their convenience through an app. Either at work or at home, they will get into their car better than they left it. It will have a full tank with clean windows and no clutter. That's the feeling Tergo provides. This will be a monthly subscription program with additions on detailing levels. One-off servicing is also welcome. This company will grow to a point where larger doorstep service oriented apps will take notice. Partnerships, acquisitions, and mergers will be inevitable providing you with exponential long term growth.
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Self Identified Competition
There are no competitors who offer mobile vehicle fueling and detail in a reliable easy to use app. Gas stations will eventually be threatened due to loss of in-store revenue when less people use their fuel pumps. Tergo is a unique company providing doorstep service for consumer's vehicles.
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