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September 8, 2024, 12:09 am UTC

Pacific Style llc 83-2151811 | Government Grant Application

Pacific Style llc | Application Preview

  • General Information

    Business Registration Number: 83-2151811

    Location: Yuma, AZ, United States

    Length of Operation: 6-10

    Number of Employees: 1-10 Employees

    Annual Gross Income: $100k to $250k

    Annual Gross Expense: $100k to $250k

    Open to Loans: YES

  • Funding Usage

    We will establish a production facility in Yuma, Arizona, that will accommodate 28 direct labor employees. This strategic move involves transferring over $200,000 worth of equipment and assets from California to leverage Yuma's more consistent, accessible, and cost-effective workforce for the manufacturing of our dye-sublimated apparel, including jerseys, polos, and uniforms. Our decision is informed by our deep-rooted connections to the Yuma community, encompassing familial and business relationships, as well as extensive experience in the local labor market and business operating costs. Anticipating the benefits of a robust and economical labor force, we foresee a 300% annual growth rate for our business in the initial two years.

  • Business Plan

    In January 2024, we initiated a strategic four-year journey aiming for $3.8 million in revenue with a 25% gross margin. Our investment in dye sublimation printers, calendaring transfer machines, and sewing machines has enabled us to control every stage of production—from design to distribution. Having completed extensive training and product development, we are poised to transition from a workshop to full-scale factory production, where we have extensive experience. We plan to relocate our operations, along with equipment and assets valued at over $200,000, to Yuma, AZ. This location offers a stable and cost-effective workforce, which we believe will facilitate a 300% revenue increase in the first two years, thanks to the expanded capacity. Our deep-rooted connections in Yuma—spanning family, business, and prior work experiences—provide us with a thorough understanding of the local labor market and business climate. Our venture features a seasoned leadership team led by Randy Rainey, a second-generation apparel manufacturer with a proven track record in the industry. With decades of experience holding executive roles (VP Manufacturing, VP Ops, COO) at globally recognized brands like O'Neill and Maui and Sons, Randy brings a wealth of knowledge in all facets of dye sublimation manufacturing. His hands-on expertise spans design, patternmaking, graphics, printing, sewing, and even digital marketing and sales, ensuring a comprehensive approach to running a highly profitable operation. Our plan to employ a dedicated workforce of 28 skilled direct laborers, supported by an adept management team, is designed to yield an impressive 600 - 900K in annual profit. Complementing Randy's expertise is Nancy Rainey, our CFO, whose leadership in managing a 3000-person factory producing the same types of products, and later distribution, has honed her skills in distribution, warehousing, product development and operations for a global apparel brand. Together, they form an unparalleled duo, ready to steer our company towards lucrative growth and investment in their factory's community and employees.

  • Self Identified Competition

    Augusta Sportswear - Grovertown, GA - Aprox 700 employees - Annual Revenue Estimated at over $100 million USD A4 Sportswear - Los Angeles, CA Aprox 100 employees - Annual Revenue Estimated at over $30 million USD Champion Teamwear - Manhattan, KS 293 employees - Annual Revenue $73.5 million Our company stands out in the dye sublimation sector of the apparel decoration industry by embodying agility and a production-centric approach. We pride ourselves on our in-house expertise, with each team member possessing extensive hands-on experience in both manufacturing, sales, and service of our core products. This direct involvement ensures quality and efficiency, allowing us to maintain a lean operation that meets the rapid turnaround demands for dye-sublimated apparel and accessories. We understand the modern consumer's need for smaller order quantities and expedited delivery, and we excel where others falter. While our competitors (former vendors) grapple with extended lead times of up to 8 weeks due to their reliance on economies of scale and overseas production, we offer an impressive 5-day turnaround, demonstrating our superior capacity and production control. Our commitment to in-house production negates the need for overseas subcontracting, further solidifying our position as a reliable and responsive partner in a fast-growing market where demand far exceeds supply.

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