‹ Back To Others
Imagine Vegan Cafe
Summary
Imagine Vegan Café is a restaurant located at 2158 Young Avenue in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Sales have decreased 50% and the company has had to lay off 9 of 14 employees. The restaurant also suffered supply interruptions and has accumulated debt to other vendors.Stabilization and Recovery Plan:
• Created new marketing campaign
• Launched daily and weekly specials to drive traffic
• Gone to pick-up and delivery only during mandated health directives
• Satisfying outstanding claims to maintain good standing with vendors and landlord
The NEED Grant funds will be used to supplement rent, utilities and supplies.
Financing Amount:
$5,000
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable