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July 20, 2025, 4:36 pm UTC

Mike’s U-Haul Mike’s U-Haul | Government Grant Application

Mike’s U-Haul | Application Preview

 

Mike's U-Haul is seeking government funding to enhance its truck rental services for clients who are moving. The plan includes extending operating hours, hiring and training staff, expanding to new locations, and implementing effective marketing strategies. The application emphasizes the company's potential for success, referencing research that shows serious U-Haul dealers have a success rate of over 60%.

While facing competition from Penske, Budget, and local movers, Mike's U-Haul highlights its competitive advantage as a recognized national brand. With completed training and contractual agreements with U-Haul, the business is now looking for financial support to secure office space and parking, which are essential for launching operations and generating revenue.

  • General Information

    Business Registration Number: Mike’s U-Haul

    Location: Cincinnati, 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

  • Funding Usage

    Renting out trucks for our prospective clients that are moving

  • Business Plan

    Work longer hours, hire train and retrain employees, expand to different locations and marketing strategies Because I did the research on serious U-Haul dealers and their success rate is above 60%

  • Self Identified Competition

    Penske, budget, and local movers U-Haul is a national brand I took the classes and signed their contracts I just need capital for office and parking in order to start generating business

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