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May 26, 2024, 11:48 pm UTC

Mingo Auto Parts, Inc | Government Grant Application

Mingo Auto Parts, Inc | Application Preview

  • General Information

    Business Registration Number: Mingo Auto Parts, Inc

    Location: Mingo Junction, OH, United States

    Length of Operation: 6-10

    Number of Employees: 1-10 Employees

    Annual Gross Income: $500k to $1M

    Annual Gross Expense: $100k to $250k

    Open to Loans: YES

  • Funding Usage

    To be used for payroll and inventory.

  • Business Plan

    I plan on advertising more in 2024. Hire another outside sales person and to do some repairs and maintenance to the building and parking lot to bring in more walk-in customers. Because I believe any little bit of help I can get to move ahead and stay ahead of the game to remain in business to serve the community and to pay my employees is a very good thing.

  • Self Identified Competition

    My top three competitors are NAPA Auto Parts, Auto Zone and Advance Auto. They are in Steubenville, Ohio which is about 3 miles north of us. South of us, down river, we have part stores in Bridgeport, Ohio and west of us, in Wintersville, Ohio. There is a lot of competition in the auto parts industry. My parts store is different because we are more like the old mom & pop's parts store. I have a very close clientele which consists of friends and family and people in the community. We stock a lot of items shoved in this small store and people enjoy coming and shopping here.

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