L R Sterling Enterprises LLC | Application Preview
L R Sterling Enterprises LLC is seeking government grants to expand their greenhouse operations and improve their facilities, which are currently only partially developed on a 5-acre property. The funding would support the construction of two large eco-friendly greenhouses, enhanced electrical and mechanical systems, an office, shipping/receiving areas, an employee space, and expanded retail areas for customers.
The company has a solid track record, being a family-owned business with over 25 years in the industry. They have consistently met or exceeded their business goals set in 2008, even through various economic challenges. The green industry has proven to be resilient and profitable, giving the company confidence in their expansion plans.
In terms of competition, L R Sterling Enterprises faces large retailers like Walmart, Tru Value, and Fleet Farm. However, their competitive advantage lies in the education and training of their employees, ensuring they are knowledgeable about proper growing techniques and product care. This commitment to employee education sets them apart in the green industry, positioning them favorably against competitors with less trained staff.
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General Information
Business Registration Number: L R Sterling Enterprises LLC
Location: Sturgeon Bay, WI, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
Funds would be used to expand current greenhouse operations, expansion of produce processing areas, expansion and retention of employees, research on emerging markets for Wisconsin.
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Business Plan
Our facility resides on 5-acre property which is currently only 25% developed. Expansion of greenhouse growing operations with (2) large eco-green constructed houses, electrical and mechanical expansion, small office and shipping/receiving area and employee area, expanded customer retail areas. We are a small family owned and operated business that has been experienced in business and the green industry for over 25 years. LR Sterling Enterprises has met or exceeded all goals established in original business plan established in 2008. Have experienced many economic down turns in the economy. Green industry has shown to be profitable and recession proof.
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Self Identified Competition
Walmart Tru Value Fleet Farm Knowledge... People... Our competitors' employees are not educated or have training in the green industry. LR Sterling Enterprises educates all employees in the proper techniques to maintain and grow a healthy product. All employees have instant access to information on proper care of all products.
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