Redesign and Restoration LLC
I’ve lived in Detroit for more than 15 years and have come to love the determination and resilience of the city and its people. I understand the importance of perseverance as I have also experienced some challenges in my life, it’s within those challenges that I discovered the opportunity to become an entrepreneur and start a business I love. Up until 2009, I’d been a stay at home mom of 13 years, my husband who was the principal provider for our family unexpectedly lost his job. I knew I had to find a way to help support our family, but felt limited with my options because of my 13 year employment gap. I also wanted to build a career that I was passionate about and it just so happened that I was passionate about interior design. The problem was that I had no formal training or experience. I knew if I wanted to be in this field I would have to create my own opportunity. That’s when I decided to form my company Redesign and Restoration. I would buy furniture from yard sales, paint them and sell them on craigslist. Within a few months the demand for my product was great enough for me to rent my first retail space in a small shop in our neighborhood. Since then we have expanded and not only sell painted pieces but also specialize in custom upholstered furniture which we sell in our retail store and online, we offer custom upholstery and paint services and rent vintage furniture for special events and weddings. We’ve been committed to growing our business in Detroit since we opened our doors and have chosen to be a part of the solution in becoming a stabilizing factor to our neighborhoods retail corridor, by intentionally attracting other businesses to the neighborhood.
This loan is special because:
More about this loan
Redesign and Restoration offers custom vintage furniture sales, service and rentals. We have a retail location as well as an online store where we sell our refinished furniture. We also offer custom upholstery, paint and design services to our clients, finally we provide rentals for special events and weddings. We are most proud of developing unique products of impeccable quality that we like to refer to as “functional art”. We hold our products and service to the highest standards while offering affordable prices. We encourage the practice of up-cycling by taking vintage pieces and updating them to our customer’s specifications as well as selling redesigned pieces for our retail location and online store. One of the challenges is providing a consistent product to our clients and completing the work in a timely manner during our busy period. Purchasing fabric in bulk would allow us to buy at wholesale prices reducing our cost for materials thus allowing us to finish our large collection of raw inventory. Additionally we would like to outsource some of our upholstery work to other local upholstery professionals to keep up with the demand for our product.
What is the purpose of this loan?
If I had $10,000 to grow my business, I would use it to purchase materials and supplies to refinish our raw inventory for sales and rental, which would include fabric, upholstery supplies and paint. I would also take a portion of the money to outsource the upholstery work to a local upholstery professional in order to aid in a faster turnaround time. We have a large inventory of unfinished furniture that we have invested in and only need the materials and labor to complete for sales or rental. Additionally I would take a small portion of the funds to bulk up our offerings of small accessories with low price points for customers of all incomes. Finally I would use the remainder of the funds to market my business through social media, our website and storefront signage. Our goal is to provide our customers with custom designed and completely refinished products.
Years in operation: More than 5 years