Rolley | Application Preview
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General Information
Business Registration Number: 87-0829795
Location: Raleigh, NC, 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: NO
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Funding Usage
$3,282 for roll down security garage door $5,807 to building out a fitting room and storage $2,659 Window Signage $9,811 for in store fixtures $24,000 to cover 3 months of new inventory $23,532 for 3 months of rent covered $20,000 towards new inventory for the store $11,906 remaining for emergencies and miscellaneous including but not limited to minor repairs, art instillations, and sponsored partnerships with other local busniness.
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Business Plan
Rolley will continue to grow by providing the best retail service for high end designer apparel shoes and accessories. The plan is to get the team out there and have people understand what is being provided. form that the clientele will grow. We will bring in more sales associates to facilitate more customers. There will be more brands being brought into the store as well. Rolley provides a superior product and is better positioned than the Company’s primary competitors to take advantage of the increasing demands for luxury designer apparel in Raleigh NC. There are currently NO other stores in Raleigh that sell any of the brands that we carry including Fendi, Gucci, Lanvin, and Balenciaga.
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Self Identified Competition
Saks 5th Ave is a Designer retail store located at the end Capital Boulevard. They sale designer apparel and have a strong online presence. That is our only competition in Raleigh. Rolley differed from its competitors simply by offering the brands in store that the competitors do not. you do not have to drive out to Charlotte or order online at saks anymore. You can just come down top 206 Fayetteville St and get what you need. Rolley also has a strong focus on customer service. You won't be rushed in and out or handled with 4 other people during the holiday rush. We have an emphasis on 1 on1 attention between client an associate.
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Contact Applicant
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