Bigfoot management | Application Preview
Bigfoot Management is seeking government grants to support the launch of a drive-thru coffee and nicotine store. The funding will be used for inventory, marketing, and website development.
The plan involves starting with one location selling coffee, disposable vapes, energy drinks, and small quantities of kratom products. Once the first store is operating smoothly and profitably, the intention is to open a second location, which will yield better discounts on vape products. Once both locations are established, the focus will shift to expanding website sales and wholesale opportunities.
The applicant believes in innovation and improving existing systems. With a background that includes time in the Boy Scouts, service as a disabled US Navy veteran, and degrees in Business Administration and Psychology, the applicant is confident in the ability to achieve significant outcomes. The unique perspective offered by adult autism is seen as an additional strength.
Currently, there is no direct competitor in Helena with a similar business model. Indirect competition includes several local coffee shops and vape retailers. Bigfoot Management's competitive edge lies in its drive-thru convenience, saving customers time. The business model will borrow elements from both Costco and Starbucks, incorporating a membership system that allows for discounted pricing and a prepaid account option. This strategy aims to minimize price competition while maximizing profit margins on membership sales.
Additionally, there will be a commitment to transparency in pricing, especially for kratom products, showcasing cost versus retail prices to build customer trust.
-
General Information
Business Registration Number: 99-3897029
Location: Helena, MT, 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
Inventory, marketing and website
-
Business Plan
My plan is to start with one drive thru coffee and nicotine store. Selling coffee, disposable vapes, energy drinks and small quantities kratom products. Once that location is operating smoothly and profitable open a 2nd location ( 2 locations gets a bigger discount on vape products). Once those are being managed properly and profitable focus on website sales and wholesale. The reason to invest in me and my forward thinking ideas is because I don’t just accept things are the way they are. I like to learn how something works and use my creativity and critical thinking skills to improve efficiency in a unique way. With my back ground of Boy Scouts, disabled US Navy Vet, degree in Business Administration, degree in Psychology and my superpower of adult autism. There’s no limit to what I’m able to accomplish.
-
Self Identified Competition
Local in Helena there’s nobody utilizing a similar business plan. So there’s no direct competition. However for the vape side the top 3 in order would be Queens Palace, 20 past 4, Karma Korner. The competition for the coffee side would be FloCo, Starbucks, City Brew. The convince of a drive up 1 stop shop for nicotine and caffeine. Is the obvious difference saving customers time. Additionally I’m going to combine Costco and part of Starbucks business model. Where we have a paid membership for members pricing to be cost plus 20% or 50% off retail. Meaning we also save them money. As well as being able to pre pay on there account. Then products we sell pay for themselves and taxes while cutting competitions price in half. We only need to sell the memberships at that point and not any 1 product and memberships are 100% margins. Same on the website and for complete transparency especially for kratom products I will show cost price, membership price and retail price. Allowing customers complete confidence with us and showing how much mark up others have.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
