Do It Myself Garage Co. | Application Preview
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General Information
Business Registration Number: 10240846
Location: Anchorage, AK, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
the use of these funds would be put towards building down payment, salaries, and other working capital needs.
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Business Plan
I plan to buy a large enough building that I can grow my business into. Do It Myself Garage also plans to buy more equipment and tools to accommodate the DIY car enthusiast upon reaching our growth stages. We at Do It Yourself Garage plan to grow organically with word of mouth, car shows and being out and about in our local communities. Do It Yourself Garage plans to have "shop class" with the local schools as an elective to deserving students; Giving them a foot up as they enter the workforce in the years to come. [Do It Myself Garage] will fill a specific market niche in the growing community we are entering. In addition, we have surveyed the local population and received extremely positive feedback saying that they explicitly want to make use of our services when launched. Our planned location is to be in a mid traffic area where customers own automobiles and the age of these automobiles are aging without warranties. The management team has a track record of success in their given industries. The auto repair business has proven to be a successful and mature business in the United States. [Do It Myself Garage]’s most valuable asset is the expertise and experience of its founder, [Gregory Wrice]. [Gregory] has been in the heavy industrial sector for the past 17 years. He has spent his career split between oil/gas and the underground mining industries. working in and around multi billion dollar companies has given him the knowledge and vision to replicate practices used to cut time while mitigating risk and maximizing profitability. His vision is based around time management and maximizing the proper tools to cut down on “standard” shop times; which in turn, turns over the customer base. His time in these large companies has given him the opportunity to learn sales, customer service, and make irreversible million dollar decisions daily. We as a company pride ourselves on the focused approach of our owner and leader.
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Self Identified Competition
Within a 10 mile radius there are no other DIY shops. there is only one do it yourself shop in the city and that is on a military base. The only like business is located on a military base. this we feel gives us a large market share of the DIY car care individuals. [Do It Myself Garage] we feel is not in competition with the everyday mechanic shop due to our low rates and our niche service.
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Contact Applicant
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