‹ Back To Others
EGGXACTLY BREAKFAST & DELI 2
SummaryEggxactly Breakfast and Deli was originally awarded an EDGE NEED grant on 5/8/2020. An additional grant award of $5,000 was provided due to the effects of a subsequent Shelby County Health Department health directive placed on restaurants, bars and local grocery stores.
Eggxactly Breakfast and Deli is a restaurant located at 1248 Marlin Road in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Applicant has seen an 81% decrease in monthly revenue. The Applicant furloughed 3 employees and reduced remaining employee to 18 hours/wk. Forced to reduce operating hours by 50%and serving only to-go orders 3 days/week. Owners contributing $2,000/month to cover revenue shortfall.
Stabilization and Recovery Plan:
• The Applicant will rehire furloughed staff and increase operating hours as COVID-19 restrictions are lessened
• Implementation of cleaning and sanitation protocols as directed by Department of Health
• Increase marketing through social media and news outlets
NEED Grant proceeds will be used to pay loan debt, property taxes, utilities, insurance and other outstanding obligations.
Projected Total Jobs: