Hotworx | Application Preview
Hotworx is seeking government grants to support the launch of their business, which aims to provide 24-hour access to heated infrared saunas. The funding will primarily be used for licensing, securing a physical location, and purchasing necessary supplies and equipment. The total investment required for the business is $400,000, with the grant money making it more attainable.
The strategy for growth includes various marketing approaches such as advertising, community engagement, sponsorships, and leveraging word-of-mouth referrals. The brand itself, Hotworx, is expected to attract attention, and a dedicated marketing team will promote the business across the community and surrounding areas.
The applicant expresses confidence in their passion for health and wellness and their understanding of the medical field, believing these factors will contribute to the business's success. Hotworx distinguishes itself from competitors by offering high-quality services that are uniquely centered around infrared sauna access, which the applicant believes is not adequately matched by any existing options.
-
General Information
Business Registration Number: IRTHYSOL
Location: Panama City Beach, FL, 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
-
Funding Usage
Once I am granted the funds, they will be utilized to open up my business with the proper supplies , equipment , brick and martar. My total investment needed over time is 400k which is more attainable by receiving most or some of the amount requested in this grant which will be utilized to obtain my licenses, brick and martar, supplies, and equipment. Thank you for your time and considerations.
-
Business Plan
My business will grow by advertising, word of mouth, sponserships, giving back to the community, and standing out from all of the competition. Upon doing the rescearh of the brand, which is Hotworx, it will advertise for itself. My community will adverties. I will have a marketing team that is dedicated to flood the name of my business to my community and all of the surrounding areas. I am driven with my passion for health, weath, and success! Having the experience I have in my field and hearing all the feedback from my colleges, I know that my business will be successful. I understand what drives people who work in the medical field. I also understand how to balance that drive with their home life. My business is/will be that balancing force.
-
Self Identified Competition
I feel that my business is the only one of it's quality and nature. Anything that my come close to it, falls short due to the lack of infrared sauna attainability and stucture. My business stands out due to the quality of services it will provide. Unlike other competitors, my business will give my custormers/clients access to 24hr heated infrared saunas while working out.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
