PART 1 The Manager, ABC Bank To expand my existing hot dog, stand business. To whom it may be concern, In reference to the above subject, I run a hot…

The Manager,
ABC Bank
To expand my existing hot dog, stand business.
To whom it may be concern,
In reference to the above subject, I run a hot dog cart at Easton University. I have been doing this business for about five years, and now I have plans to expand this further and take it to new heights. Right now, I am dealing in Non-Veg hot dogs and stuff and would like to enter into vegetarian and vegan market as well. I am in talks with the local vendor at University for a partnership. We would also look to run multiple carts in the near future in partnership with vendors at various hot locations. We are planning to run this business throughout night as lot of university students take classes at night & Franks’ eatery would be hot place there. I plan to introduce beverages and soft drinks along with the hot dogs and special offers on the combo packs. During the day time, it would attract customers from local school, offices, shops and other folks. Apart from initial investment in the carts, stands and supplies, there is not much of capital outflow in the long run. We would endeavor to leave customers spell bounded with the mouthwatering and delicious plates. Their taste buds would get an experience of life time to remember. Our business would be a cash run business and there would be no bad/doubtful debts. Based on our past experience and future business viability, we can assure to repay the financial loan well within the timelines. Below excerpts from projected financial statements would second our opinion.
Projected Annual Sales: $ 18, 000, 000 (250 hot dogs @ 20 per hot dog for 30 days a month & a year)
Supplies: $ 15, 220,700
Net Income: $ 2,700,00
Detailed financial statements are enclosed herewith for your kind consideration. We would be more than happy to provide any additional information in this regard.
Looking for a long term partnership and business.
Yours Truly,
Frank’s Hot Dogs
This part of the project should be approximately 2 – 4 pages including the financial statements.

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