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It is in a small mall and is large enough to have a seating capacity of — plus takeout facilities. The mall has more than adequate parking for future customers.
The mall is located three blocks from the Metro-North Darien railroad station and is four blocks from the I exit. It is therefore well positioned to attract traffic from both car and rail commuters.
The lease fee for a three-year contract is very reasonable for a property of this size. It uses the finest cuts of meats that are free of any growth hormones. It is known for a variety of slow-smoked and slow-cooked meats, such as ribs, beef, pulled pork, and chicken.
Our goal is to expand operations to a second location in Darien, Connecticut. This outlet will be significantly larger and will have a section devoted to takeout meals. Competitive Comparison There are approximately forty specialty barbecue restaurants in Connecticut.
The three competitors are smaller operations. It has a loyal following that reaches as far as New York City. This has meant assuring the highest quality ingredients in food preparation.
Frank has established a decades-long relationship with suppliers in the New York and Connecticut areas. He selects nothing but the choicest selections of beef, pork, and chicken. He has always made sure that his meats come from suppliers who are committed to quality ingredients and who never use growth hormones.
This long-term relationship with a variety of key suppliers enables Frank to secure the best cuts at reasonable prices. Frank is equally careful in using the finest spices for his barbecue sauces. This commitment to quality is not limited to the selection of meats and ingredients.
Frank and his staff recognize that top-quality barbecue food requires a knowledgeable and deep commitment to cooking the food properly. All meats must be cooked and smoked slowly. This requires time, effort, expense, and commitment, but the results are spectacular.
Excellence is not achieved without a commitment to effort. This effort has been recognized with numerous awards at national barbecue cook-offs. Frank has clearly recognized that the meal is clearly a function of the quality of the meat, quality ingredients, and careful preparation.
Although Frank has been selling his regional barbecue sauces in local outlets for years, he is now ready to sign a contract with a major regional supermarket chain to market and sell these sauces throughout New England. Preliminary studies indicate that Frank can anticipate a 20 percent annual growth rate in the sales of sauces for the next five years.
With the growth of two-income families, less and less time is available to prepare meals at home. As part of its new commitment to a web-based presence, customers will be able to order these meals by regular phone, with smartphones, or through the Internet.
Customers will be able to select from a list of prepackaged dinner meals or any combination of items. Customers can designate the time to pick up the meals, and the meals will be ready for them. This service promises significant revenue growth.
Market Analysis Summary Since the s, the American public has spent at least 5 percent of its disposable income on eating out. Even with annual fluctuations, this is a strong indicator of the viability of this industry. This can be best illustrated by reviewing industry results for the last few years.
Both and were difficult years for the restaurant industry. Insales increased by 3. However, sales fell by nearly 0. This was the first year in the history of the industry that sales actually declined. Prices rose by 2.
The increase in sales for was 0. It is anticipated that there will be significant price competition in every segment of the restaurant industry. Some analysts argued that the poor performances for the restaurant industry in both and could be attributed to declines in both business and personal travel.
Hotel occupancy rates in were down by nearly 10 percent.Knowing the starting costs before you start a business is a matter of two simple lists: Startup expenses: These are expenses that happen before the beginning of the plan, before the first month of operations.
Jun 01, · The appendix of a business plan is the place to include any additional documents that you want to use to give your reader a feel for your product, marketing, services and so on/5(14). Here is a business plan template if you are in the process of building a plan for your company or department.
Join The Club Get weekly updates and a free business plan template to help you do business . appendices of a business plan The appendices section of your business plan is used to provide readers with information and documents that support your claims made throughout the business plan.
Many entrepreneurs neglect to develop this section, thinking . CRANWOOD BUSINESS PLAN 3 In the first days, a comprehensive community and stakeholder engagement plan will be developed, considering some of the .
Guide to Writing a Business Plan – Part 8 – Conclusion and Appendices add any appendices that are relevant and strengthen your business plan. You should put detailed information that supports your plan but is too ‘heavy’ to include in the main body, in an appendix.
This Guide to Writing a Business Plan has been produced with EBP.