Toadstool Apothecary and Salon | Application Preview
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General Information
Business Registration Number: 850743648
Location: indianapolis, IN, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Expansion of salon from a single booth into a 6 chair salon and retail shop. funds will be allocated to building out the salon space and retail space. Hiring a full time employee for marketing and managing salon. Getting products to sell in retail space.
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Business Plan
-We will start our expansion by filling all our booth, each chair will be rented out for $200 a week. ($800 month x 4 chairs = $3200) each guest spends $50 per visit on personal care products. On average $2400 in product sells from salon guest. -With this expansion our retail space will average $10000 a month in sales . We will gain new guest threw marketing on social media and local community event. -We will be creating an online subscription box, where guest can subscribe to get their favorite personal care products delivered to there homes/businesses ( average box $50) with in the first month we will have 100 subscribers . -Our location is host of the local farmers market as well as artist first Friday that bring 500 plus people in per week . we will also be working with local business creating customized hand soaps/ hand sanitizers. We are Indy's first refillery and eco-salon. Creating an exciting new shopping experience, where customers shop by weight and create customized scents. Guest in our salon will enjoy a relaxing atmosphere with our expert stylist. We are helping our community become more eco-friendly and replacing single use plastics in their homes and business with refillable, reusable and recyclable items that plug our waterways and landfills.
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Self Identified Competition
-Onatah General- sell a few refillable products and eco-friend products. they have been in business for 4 years. -Witch Hazel salon- trendy full service salon rated the 2ed best salon in Indy, newest location will be a mile away. - Common Goods- Online refillable home care We are a retail shop and a salon that is dedicated to sustainability. We are committed to sustainable practices in how our products are made and how we use them. Our Stylist are experts in the latest trends and have a passion for community and sustainability.
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Contact Applicant
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