438 Brands LLC | Application Preview
438 Brands LLC is seeking government grants to finance the purchase of inventory for comics and collectibles, as well as equipment for drone photography and cleaning services.
The business plan outlines a growth strategy over five years. In Year 1, the focus is on selling new and collectible comic books under the brand 438 Comics, generating an estimated $1,000 monthly revenue. As the comic business stabilizes, the company plans to introduce pressure washing and window cleaning services as 438 Cleans, projected to bring in another $1,000 monthly.
In Year 2, they aim to launch drone photography services with 438 Captures, expected to yield $500 per month. By Year 3, the company will expand into car rentals with 438 Cars, targeting $2,000 in monthly revenue through vehicle rentals. In Years 4-5, the plan includes starting a rental property venture under the brand 438 Crash Pads, either by purchasing properties or utilizing platforms like AirBNB.
The funding will enable the business to offer various services and products, including mail-order comic books, affordable cleaning services, drone photography, car rentals, and short-term rental options, catering to a diverse customer base in central Ohio and beyond.
The competition includes established local comic shops and cleaning services, drone photography companies, car rental brands, and AirBNB listings. However, 438 Brands LLC aims to stand out by providing nationwide comic book shipping with discounts, competitive pricing, and personalized customer service for cleaning, drone photography, car rentals, and short-term lodging. Being a smaller operation will help keep costs low and service quality high, appealing to customers looking for affordability and excellent service.
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General Information
Business Registration Number: 93-3274783
Location: Marengo, 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: YES
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Funding Usage
For the purchase of: Inventory of comics and collectibles to sell as well as equipment for the drone photography and cleaning portion of the business.
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Business Plan
Year 1 we will be selling new comic books through a wholesaler as well as selling collectibles and older comic books of value as 438 Comics. Estimated at $1,000 per month in revenue. As this gets stable we will purchase pressure washing and window cleaning equipment to add these services as 438 Cleans. Estimated at $1,000 per month in revenue. Year 2 we will add drone photography to the portfolio as 438 Captures. Estimated at $500 per month revenue. Year 3 the goal is to add Car rental to the portfolio as 438 Cars by initially renting our own vehicles then purchasing vehicles solely for the purpose of creating a fleet of cars. Estimated $2000 per month. Years 4-5 will involve the final part of the business plan which is starting a rental property business as 438 Crash pads by either purchasing rental properties or working through AirBNB. We are looking to provide the following goods and services to a wide variety of customers in the central Ohio area as well as across the country. - Mail order comic books and collectibles shipped anywhere in the US - Affordable pressure washing and window washing services to customers in central Ohio - Affordable drone photography options for customers in central Ohio - Affordable and unique car rental options for customers in central Ohio. - Affordable short term rental options for customers and visitors in central Ohio
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Self Identified Competition
For comics/collectibles - Comic Town, Laughing Ogre, and Collector Supreme. All have brick and mortar stores. For cleaning - Perfect power wash (20+ years), Clean Life (9 years), and Exact Pressure Wash (16 years) For drone photography - Infinite Impact (15 years), Pheasant Ariel (5 years), and Bravo Charlie Productions (5 years). For Car rental - Mostly the big brands like Enterprise, Budget, Hertz etc. Ryan Cars and True Transportation are more like what we’ll be doing. For short term rental - There are a large amount of private users of AirBNB and VRBO. For comics we are offering nationwide shipping of a weekly pull list at a discount of 10-20% off cover price. The pull list is a list given by customers from weekly new releases. Comic book shops do not ship these. We will offer a shipping only option and pass on a portion of the discounts from the distributor. For cleaning and drone photography- being smaller and taking on fewer jobs will allow us to have low overhead and provide a lower cost to the customer along with excellent service. For car rental and Short term rental - Like above, smaller base of operation will allow us to offer lower prices and great personal service to every customer.
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Contact Applicant
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