The assistance I received from the SBDC was invaluable!  It was very easy to work with everyone involved and the paperwork was fairly minimal. The risk involved with opening a small business increases every year, and the grant was a huge help. I would definitely recommend the SBDC’s services to others. Knowing that there are services for small business definitely helped me take the leap of faith when it came to pursuing this venture!

Matt Lopez

BACKGROUND

White Cap is a craft cocktail bar hidden just past the waves and beach in the Outer Sunset. Discover exquisite cocktails and an atmosphere of true hospitality.  But it’s a bar so that means no velvet rope, a low-key neighborhood vibe and a cozy back room fireplace to cut the chill. Featuring a rotating cocktail menu inspired by the seasons and Ocean Beach culture. Founded by San Francisco native Matt Lopez, with a cocktail program from Carlos Yturria (Treasury and Beehive). Whitecap is a friendly hideout from the hustle and bustle of the city. 

CHALLENGES

Client was seeking grant opportunities to cover the design/construction cost of the exterior of his new bar. 

ACTIONS

Business advisor from San Francisco Small Business Development Center conducted one-on-one meetings, reviewed the business plan, financial projections and completed the Business Plan Review form (BPR) with the client. The BPR includes 6 sections, 30 questions, and 150 possible points: 1) Business Description, 2) Industry Analysis, 3) Marketing Plan, 4) Organization Plan, 5) Financial Plan, and 6) Executive Summary.  The business plan received 113/150 (75%) points in the final grant review.

RESULTS

Client invested a total of $250,000 to build the Whitecap bar and received a grant amount of $16,850 from SF Shines to cover part of the cost of the exterior.

Apply Now

It all starts here. Complete the application and submit your request. A member of the SBDC will follow up with you and help you achieve your small business goals -- at no cost to you.
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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.