Big Blue Wrap and Roll LLC | Application Preview
Big Blue Wrap and Roll LLC is applying for government grants to support the establishment of a new brick-and-mortar restaurant. The funding will be allocated for essential infrastructure, including a hood and fire suppression system, an ADA-compliant bathroom, and other features to meet health and fire code requirements. It will also cover initial salaries and rental costs, along with any unforeseen expenses.
The business aims to strengthen its brand and control inventory more effectively by opening this location. The restaurant will serve as a base for off-premises catering to various events, accommodating the growing demand and allowing for the expansion of their offerings, including a dessert-themed food truck in the future. The owner envisions eventually employing over 20 staff members as the business scales up.
The proposal highlights a growing reputation in the community, with event coordinators increasingly reaching out to them instead of the business having to pursue opportunities. The restaurant will mitigate weather-related risks, which can negatively impact profits and lead to product loss. By hiring and training full-time employees, the business expects to improve reliability and productivity.
In terms of competition, the owner acknowledges existing food trucks that have established themselves. However, the competitive advantage lies in the family's combined 40 years of experience in the restaurant industry. Their knowledge in sourcing products and managing inventory has led to profitability in just the second year. Establishing a permanent location is expected to enhance profits further and provide stability for growth. The requested $100,000 is deemed the minimum necessary to achieve these goals.
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General Information
Business Registration Number: 88-1442739
Location: Pine Beach, NJ, 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
Funding will be used to buildout a brick-and-mortar restaurant to include hood and fire suppression, ADA compliant bathroom and other fire and health code compliance features. The funding will also cover incidentals as they arise and initial salaries and location rental.
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Business Plan
Opening a brick-and-mortar location will give me the ability to better control inventory and build our brand which will include off premises catering for events of all sizes at various venues. The restaurant will also provide me with a built bullpen to staff catering and food truck requirements. As I grow, I plan on adding a desert themed truck and eventually a second full-service food truck eventually growing to 20 plus employees. In the first year and a half of operation our reputation is growing to where event coordinators are contacting us rather than us chasing events as they are advertised. The restaurant location will significantly reduce the weather factor which is a risk to profits and results in product lose. Employing and training full time and employees will increase employee reliability and productivity. $100,000.00 is the minimum amount necessary to complete the build out to health and fire specifications and allows the flexibility to cover rent, salaries and incidentals as they arise.
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Self Identified Competition
My major competition are successful food trucks who have been in business for several years and built reputations. Currently I scan their websites for ideas and information on upcoming events. My sons have been involved in all phases of the restaurant business with combined experience of over 40 years. Knowledge of the industry including sourcing products and determining the right combination of product to stock the truck has allowed us to turn a small profit in just our second year. Taking the risk of weather out of the equation along with a consistent local presence will only increase profits and give us the opportunity to grow.
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Contact Applicant
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