Adeva Salon LLC | Application Preview
Adeva Salon LLC is seeking government grant funding to support renovation efforts for their salon located in a thriving small town in Wisconsin. The funds will be directed toward repairing and updating their 159-year-old building, which has suffered from neglect prior to their ownership. Although they have made significant improvements, additional funding is needed to complete necessary renovations that require professional contractors.
The salon plans to enhance its business by hiring an additional nail technician and hair stylist, aiming to boost revenue and expand their service offerings. In a competitive environment, where other local salons exist, Adeva Salon distinguishes itself by providing a wider range of high-end services, including hair, nails, waxing, and eyelash extensions.
The salon is committed to contributing to the revitalization of Ripon and is eager to play a role in the town's long-term growth. Funding approval would support both the maintenance of their historic building and the continued success of their business in a competitive market.
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General Information
Business Registration Number: A054946
Location: Oshkosh, WI, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
Building renovation.
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Business Plan
Add additional nail technician and hair stylist to increase revenue Our salon is in the heart of a small Wisconsin downtown. Where many small towns in Wisconsin are dying, Ripon is thriving. We want to be a part of this revitalization for the long term. But we're struggling with the upkeep of a 159yr old downtown building. The building was neglected by previous owners and while we've done a lot to fix it up, we need some additional funding to fix a few more necessary items that require outside contractors to accomplish.
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Self Identified Competition
Our closest competitors are other salons in town. They vary in size and quality, but one in particular is our main competition and they're newer and more up to date in terms of their buildings looks We're different because we offer more services (hair, nails, waxing, eyelashes) than our competitors and we're considered the high end salon in the area.
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Contact Applicant
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