Nutri-Sprout | Application Preview
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General Information
Business Registration Number: 001525308
Location: Johnson city, TN, 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
Currently we need more equipment to manage the supply requirements for grocery and farmers markets. We need a commercial label printer to streamline packaging, more racks and grow lights, more tray systems, and refrigeration for harvest while in distribution, and a more efficient cargo vehicle for vending to the local stores. We would like to get extra certifications for organic and veteran owned and those are figured into the amount as well.
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Business Plan
In the next 5 years we plan on being able to satisfy the market for Johnson City, Jonesborough, and Elizabethton. Then open new facility located near Kingsport to make distribution to Kingsport and Bristol more accessible. I am a very driven founder with a military background. My vision is to bring sustainable urban farming to bigger communities that struggle with getting certain locally grown produce be it seasonal or logistical issues. My pricing model allows for profit at half the cost of the produce that is shipped in. This allows our communities to afford better tasting and healthier food for less cost to them.
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Self Identified Competition
So far there is not any competition for local urban farms other than ones that ship to this area from out of state. What makes us different from our competitors is our mission to help our community get better nutrition for less cost. This will also help us educate people that were normally priced out of healthy food options. Our dedication will help resolve the shortage of farmland used for locally grown produce and offset the heavy burden on local farming from the increase in housing development and population growth.
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Contact Applicant
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