EMECHE CAKERY AND CAFE | Application Preview
EMECHE CAKERY AND CAFE is seeking government grants to pay off existing debt and to facilitate expansion plans. The business aims to invest in a larger space, which will support increased catering and wholesale opportunities. The application highlights the quality of their products and the positive impact they have on the community through job creation as key reasons for funding approval.
In terms of competition, EMECHE faces challenges from well-known brands like Starbucks, which offers brand recognition, and Mariano's, which serves bakery items alongside Starbucks. However, EMECHE distinguishes itself by emphasizing its commitment to quality, fresh-baked goods made in-house and a strong focus on exceptional customer service.
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General Information
Business Registration Number: 42170982
Location: Chicago, IL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
PAY OFF CURRENT DEBT AND EXPANSION
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Business Plan
I PLAN ON INVESTING IN A LARGER SPACE TO INCREASE CATERING AND WHOLESALE WE HAVE AN AMAZING PRODUCT AND WE ADD VALUE TO THE COMMUNITY THROUGH JOB CREATION.
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Self Identified Competition
STARBUCKS - BRAND RECOGNITION AND FAMILARITY MARIANOS - THEY SERVE BAKERY ITEMS AND HAVE A STARBUCKS IN HOUSE. WE MAKE QUALITY, FRESH BAKED GOODS IN HOUSE. WE ALSO PROVIDED EXCEPTIONAL CUSTOMER SERVICE.
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Contact Applicant
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