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PBC Enterprise Inc. DBA Camy’s
SummaryCamy’s is a restaurant located at 2886 Walnut Grove in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. March, historically the best month for the business, was lost. Most business comes from office deliveries and this was also lost for months. Inventory has been disrupted and key food costs remain higher than pre-COVID cost.
Stabilization and Recovery Plan:
• Reducing the number of menu items and focus on items with higher profit margin
• Building an online ordering app
• Designing new marketing campaign ranging from a property facelift to social media
• Received $8,932 PPP
NEED Grant funds will be used to settle $2,800 in debt from spring and summer slowdown, supplement payroll and launch marketing plan.
Projected Total Jobs: