Debra Bracken
Mocksville, NC (USA)
Role(s):
Founder/Owner/Principal
Granny's Kitchen
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Startup
Location:
Mocksville
Industry:
Food Service/Restaurant
Year Founded:
2009
Number Employees:
1-10 people
Description:
Granny's Kitchen has been in business for 6 weeks and has outgrown it's current location. We have the potential to expand into an adjoining building that will need some work and updating. Our business has grown from a gross income of $4000 the first week to $7500 in week 5. It continues to grow with customers and is in need of more dining area and parking space. The availability is there but we are in need of financial assistance to get the job done. We are also needing more funding for food expenses. As the business continues to grow so will the food cost. It is one of the fastest growing resturants in our area and is currently drawing customers from as far as 45 miles. We are potentially looking at a gross profit in 1 year of approximately $450k. At our current rate we would be at $390k. Our search is for some form of credit line.