Zara restaurant business plan
7e have assembled a team es different disciplines, accomplished professionals with epertise in all areas of ss, including mar$eting and restaurant owners, 5ander cunte ibanaging partnerj and peter smith i1ecutive @hefj,Have considerable eperience in the restaurant ! 7e have evaluated traditional and non)traditional ris$ated with "estaurant failure and accounted for them directly in the business d of dismissing the ris$s, we have identified valid mitigation strategies for each.
Ethnic restaurant business plan
Page restaurant & loungetable: milestonesmilestonesmilestone start date end date budget manager departmentengage restaurant consulting 7/31/2004 7/31/2004 $0 alex/peter ownersfirmsite selection 9/8/2004 9/29/2004 $0 alex/ consultantfinal restaurant location 9/30/2004 10/1/2004 $0 alex/peter ownersapprovedinvestor finance phase 8/22/2004 10/22/2004 $0 alex ownersinvestor capital secured 10/27/2004 10/27/2004 $0 alex ownersinvestor partnership llc 10/28/2004 10/31/2004 $0 s. Are welcome to use this plan as a starting point to create your own, but you do not sion to resell, reproduce, publish, distribute or even copy this plan as it eists here.
Our employees will feel a part of the success of zara restaurant & concept combines variety, ambiance, entertainment and a superior staff to create a sense of 'place' in order to reach our goal of overall value in the dining/entertainment experience. A contingency buffer is included in the start-up cost to ensure the business in not under financed, as well as giving the business adequate funding to sustain it in the first six months of start- up.
The menu zara is foc used on servicing atlantas growing demand for an ethnic eating experience. We have taken the necessary prec autions to ensure the business is fully capitalized, and have addressed all financial shortfalls to ensure a successful business start-up.
Ander the management of 5ander cunte, byth " a feature restaurant in toronto, and distinguished as a top (+ restaurant while under ment from (--, ) (--/. Cumulus (indirect competitor) this restaurant has grown in popularity over the years, and has gained popularity as a destination restaurant that can cater to business professionals as well as the loc al residents.
Built for entrepreneurs like restaurant and lounge business planuploaded by kira5729related interestsrestaurantsmenubarwinefood & winerating and stats0. Hunte has a bac kground in international business management and business start-ups, and is certified in restaurant and hotel management.
1 marketing program in line with our marketing strategy, we will employ three different marketing tac tics to increase customer awareness of zara: in-restaurant marketing, public relations marketing, and media marketing. Our competitors are heading in the right direc tion, but only zara is based on sound market research in the loc al market.
We do not anticipate difficulty meeting our debt obligations based on achieving the specific goals outlined in this plan. Page restaurant & loungekitchen:the exec utive chef will be assisted by: · an assistant chef from a national search (1).
We have defined the following groups as targeted segments that contribute to our growth projec tions: · the business person · downtown atlanta couples · the destination customer · high-end singles · tourists these particular market segments are 25-45 years old, have disposable income, and are page restaurant & lounge seeking upsc ale, trendy, and comfortable restaurant options. We have approached the financial plan as follows: the first year projec tions anticipates a below average sales volume, below average seat turn, and above average food/beverage cost.
Our image as a uni#ue bidtown restaurant with great service, value, and great in an eclectic atmosphere. Advertising and promotion: our advertising plan and media sc hedule call for targeting customers direc tly through loc al publications aimed at , respec tively, singles, couples, and destination customers.
Important financial plan depends on important assumptions, most of which are reflected in ial statements that follow. The restaurant will operate during peakservice time to take advantage of street traffic, and after-hour patronage from theentertainment fac ilities in the area.
With a focus on cost control, we anticipate 6 months to fine tune the restaurant operations and manage our costs within the defined tolerance ory turnover and accounts payable. Zara menus zaras varied international menu will feature thai, chinese, spanish, and other regional flavors.
Bar$et analysis d of building a business around a preconceived concept, we conducted mar$ch and built a concept around our consumers. Related topicssample business planbusiness planningexecutive summarysummarysample business planexecutive summaryethnic foodforwardzara restaurant and lounge ethnic food restaurant business plan executive summary.
The financials ac count for the following growth projec tions: ° year 2: 6% year 4: 4% page restaurant & lounge ° year 3: 5% year 5: 4%weekly sales variance. Milestones the following milestones table lists important business milestones, with dates and managers in charge of each deliverable.
We will surpass our break-even point in october of our first we exit the start-up phase of the business and focus on cost control, we will drive the cost of goods sold (cogs) down, dropping our break-even value, and increasing our gross y revenue break-even$92,e percent variable cost35%. In midtown atlanta, georgia, and will open zara in october of this start-up costs are mostly expensed equipment, furniture, painting, reconstruction, rent, start-up labor, liquor license, and legal and consulting costs associated with opening our restaurant.