Executive Summary
Regional wholesale distributor founded in 2017. We have established a strong presence in the market, generating an annual revenue of $285,000 FYE23. To capitalize on this success and meet growing customer demand, we are seeking funding to expand our inventory assortment. A large manufacture that supplied our largest competitor ceased business operations unexpectedly two weeks ago. Our company is positioned to capture a significant portion of market share, not only in the Mountain Region but nationwide as well.
Opportunity
We see a significant opportunity to increase profitability and sales through strategic inventory expansion.
- Inventory Expansion: By offering a wider variety of products, we can attract new customers and cater to the evolving needs of our existing customer base.
- Sourcing and stocking up on critical products that have a gap in supply due to our competitor no longer having a source of goods.
- Offer a superior customer experience through in-person interaction generating sales growth.
Funding Request
We are requesting $75,000 to achieve our expansion goals. This funding will be allocated as follows:
- Inventory Acquisition: $75,000 will be used to purchase new product lines and increase stock of our best-selling items.
Financial Projections
With the $75,000 funding, we project a significant increase in revenue to $700,000+ resulting in a net profit of $200,000+.
Management Team
Our company is led by a highly experienced and passionate team with a proven track record of success. The team brings together a diverse set of skills and backgrounds, including retail operations, wholesale operations, logistics management, finance, and business and startup management.
Co-Owner and Finance Director: With an MBA in Business Management and a minor in Marketing, our Finance Director brings strategic financial oversight and marketing expertise. Their comprehensive understanding of business management ensures the financial health and strategic growth of our company.
Co-Owner: Holding a degree in Business Management, our second co-owner brings a wealth of practical experience, including 12 years in retail operations, 7 years in B2B sales, and 5 years in wholesale distribution and sales. This extensive background equips them with the operational and sales insights necessary to drive the company's success.
Together, our management team combines their extensive knowledge and experience to guide the company toward achieving its goals and fostering sustainable growth.
Conclusion
Our company is poised for significant growth, and securing $75,000 in funding will be pivotal in executing our expansion strategy. With this investment, we will solidify our market position and deliver exceptional value to our customers. We are confident that this funding will enable us to achieve our projected revenue increase, leading to substantial returns. This investment will not only drive our growth but also generate strong returns for your organization, making it a mutually beneficial opportunity. We look forward to the possibility of partnering with you and achieving success together.
Thank you for your time and consideration. We welcome the opportunity to discuss this proposal further.
Please don't hesitate to contact us if you have any questions.
Ready to Ask For Funding for your company?
Post a Funding Request