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| Popin Joe's Kettle Korn |
| Poppin Joe’s Kettle Korn is a sole proprietorship. Joseph Smith is the owner. The business is the production and sale of fresh kettle korn. The mission of Poppin Joe’s Kettle Korn is to provide fresh, quality kettle korn to people of all ages and economic levels. Initially, this will be done through festivals, local events where large numbers of people gather, and some local outlet sales. Kettle korn is unique in that it is “popped” outdoors and has a very distinctive flavor. It has been observed that people will line up to purchase kettle korn and will patiently wait if necessary to make their purchase. It takes approximately 2 minutes to pop one batch of kettle korn. One batch of kettle korn can produce up to 10 small bags. Poppin Joe’s Kettle Korn is a mobile business and can be taken to where the customers are instead of incurring the overhead cost of a stationary business and waiting for the customers to come to a store. Poppin Joe’s Kettle Korn is projected to develop gross sales of $45,000 in 2005, $79,000 in 2006, $102,000 in 2007, and reach a net profit level of approximately $9,500 in 2005, $9,500 in 2006 and $19,000 in 2007.
Start up funding for Poppin Joe’s Kettle Korn was approved from Vocational Rehabilitation ($3,950), the US Council on Developmental Disabilities ($9,000), and Social Security PASS ($12,286). The PASS will assist Poppin Joe’s Kettle Korn with startup operating expenses during the first year. |
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