The document presents a business plan for a new fast casual juice and smoothie restaurant in Minneapolis. The plan outlines the restaurant concept, which will focus on fresh, cold-pressed juices, smoothies, acai bowls, and other healthy options. Financial projections estimate that the restaurant will become profitable within 3 years. A SWOT analysis identifies strengths such as a lack of competition, while weaknesses include lack of brand recognition. The unique selling points of the concept are its focus on nutrition, competitive pricing, and potential for expansion.
Restaurant business plan v1562159535406Upmetrics.co
Before you start writing your restaurant business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample restaurant business plan example for you to get a good idea about how a perfect restaurant business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/restaurant-business-plan-example
Restaurant business plan v1562159535406Upmetrics.co
Before you start writing your restaurant business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample restaurant business plan example for you to get a good idea about how a perfect restaurant business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/restaurant-business-plan-example
Before you start writing your food cafe business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample food cafe business plan example for you to get a good idea about how a perfect food cafe business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/food-cafe-business-plan-example
PANDEY_CAFE will be the only restaurant among all the competition which focuses the entire menu on healthy and low-fat cooking ,
VISION:- TO BE AMONG THE CREATIVE AND INNOVATIVE LEADER IN THE CAFE MARKET.
STRATEGY:-keep PANDEY CAFE standards high and execute the concept so that word-of-mouth will be our main marketing force.
PRODUCT:-The products being offered at PANDEY_CAFE are-a cosmopolitan flair, comfortable atmosphere, striking decor, entertainment, engaging clientele along with an international menu.
PANDEY_CAFE is located at Near Residential area as well as
National Airport .
ADDRESS/DESCRIPTION:-
->Aberdeen Bazaar ,Port Blair ,Andaman Nicobar Islands
PRABHAT PANDEY-Owner/Manager
Restaurant business plan.
Restaurant is one of the most common business ideas. It’s a kind of business which has a high demand of all the time. If you want to be successful in restaurant business, you must follow some critical success factors. Restaurant business is highly risk averse business idea. If you don't get any business to start then you can easily start the restaurant business to avoid any kind of risky business engagement. If you’ve wanted to start a restaurant for years, it might be the best time to draw up a plan to open your business. You need a restaurant business plan to get the business funding such as Bank Loan, Investors and sponsor-holder etc. Your business plan should include market research, competitors Analysis, target audience, marketing plan, and a financial and budgeting projection. Hopefully this Presentation will help you to write a good Restaurant business Plan.
Knock me for more details https://planforstartup.com/
Proposal For Catering Services PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Proposal For Catering Services PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/36N9czT
Foodgasm | Android App Marketing Plan | Final ProjectManal Shah
This is my Final Project of the online marketing Internship under Prof. Sameer Mathur(IIM Lucknow). I have proposed an idea for android app and prepared its marketing plan.
Before you start writing your food cafe business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample food cafe business plan example for you to get a good idea about how a perfect food cafe business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/food-cafe-business-plan-example
PANDEY_CAFE will be the only restaurant among all the competition which focuses the entire menu on healthy and low-fat cooking ,
VISION:- TO BE AMONG THE CREATIVE AND INNOVATIVE LEADER IN THE CAFE MARKET.
STRATEGY:-keep PANDEY CAFE standards high and execute the concept so that word-of-mouth will be our main marketing force.
PRODUCT:-The products being offered at PANDEY_CAFE are-a cosmopolitan flair, comfortable atmosphere, striking decor, entertainment, engaging clientele along with an international menu.
PANDEY_CAFE is located at Near Residential area as well as
National Airport .
ADDRESS/DESCRIPTION:-
->Aberdeen Bazaar ,Port Blair ,Andaman Nicobar Islands
PRABHAT PANDEY-Owner/Manager
Restaurant business plan.
Restaurant is one of the most common business ideas. It’s a kind of business which has a high demand of all the time. If you want to be successful in restaurant business, you must follow some critical success factors. Restaurant business is highly risk averse business idea. If you don't get any business to start then you can easily start the restaurant business to avoid any kind of risky business engagement. If you’ve wanted to start a restaurant for years, it might be the best time to draw up a plan to open your business. You need a restaurant business plan to get the business funding such as Bank Loan, Investors and sponsor-holder etc. Your business plan should include market research, competitors Analysis, target audience, marketing plan, and a financial and budgeting projection. Hopefully this Presentation will help you to write a good Restaurant business Plan.
Knock me for more details https://planforstartup.com/
Proposal For Catering Services PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Proposal For Catering Services PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/36N9czT
Foodgasm | Android App Marketing Plan | Final ProjectManal Shah
This is my Final Project of the online marketing Internship under Prof. Sameer Mathur(IIM Lucknow). I have proposed an idea for android app and prepared its marketing plan.
This module explores the current market situation for Street Food. It also touches on how you as an entrepreneur can use technology to maximise your business ideas, bench-marking and gives real life case studies of Street Food businesses in action.
McDonald’s is one of the largest chains of hamburger fast food restaurants in the world. Since its foundation in the year 1940, McDonald’s has successfully increased its prominence globally.
For more visit- https://myassignmenthelp.com/case-study/mcdonalds-pestle-analysis-marketing-case-study.html
McDonald’s is one of the largest chains of hamburger fast food restaurants in the world. Since its foundation in the year 1940, McDonald’s has successfully increased its prominence globally.
For more visit - https://myassignmenthelp.com/case-study/mcdonalds-pestle-analysis-marketing-case-study.html
Having a plan is crucial for business success, especially when establishing a new business. Writing a business plan helps outline the direction where the company is going, how the company will achieve its goals, and provides a method to measure the company‟s pursuit of these goals. Business plans can also help the entrepreneur(s) communicate to possible investors; authorities whom may need to approve of or regulate the business, interested co-founders, and future employees. The business plan should include a description of the service or product, market analysis, the short and long term goals of the business, and competitor analysis.
Presentation on Feasibility Report of setting up a Fruit StallAyushNayak16
This is a presentation on a Feasibility Reoprt of setting up of a fruit stall named FRUITOPIA(here) near KIIT UNIVERSITY, BHUBANESWAR. It includes all the aspects of business like Marketing and Sales Strategy, Pricing Strategy, Technology embedded, and many more. Check out for awesome information.
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3. Problem Statement
The U.S shopping mall industry is retracting. If the company
continues to focus all of its resources in this domain, the
chances are that the company might lose its financial muscle.
The company cannot challenge its competitors and emerging
players in this domain, which will result in the organization’s
learning curve going stagnant.
4. Business Case
The food and beverage industry is currently posting strong growth rates.
It is a perfect time to invest in this opportunity. The digitization of the
food industry helped reduce the operating costs and expanding customer
base. This new business vertical will also help the company to diversify
risk. The company can maximize the operational synergies of the two
businesses verticals and boost its brand image in the market.
5. Project Objectives
• Choose a strategized location to run the business successfully by
achieving a significant market share in the food industry.
• Propose state-of-the-art execution plan to develop a restaurant theme,
choose a cuisine and restaurant name, that appeals to a large audience.
• Develop a sustainable financial plan to generate a return on investment
and repay debt.
• Develop a unique business model for the company to expand its
6. Industry Outlook and Trends
➔ Challenging business
environment
➔ Recruitment
➔ Elevated pent up demand
➔ Technology gains
➔ Food and menu trends
figures in Billions
9. Consumer trends
➔Menu is still the king.
➔Order Customization
➔Ordering online
➔Loyalty programs
➔Payment Flexibility
10. Target Audience
Population - City 3,00,000
Residential Population - 1 mile 10,000
Residential Population - 3 mile 30,000
AGE Group Targeted 18-49
Household Size 2 or more
Household Income $40,000
Industry Base Working Class, Teenagers, Tourists
Business Hub (1-3 mile) Offices, Colleges, Theatres
11. ➔Strong, diversified business community
➔Educated and experienced workforce
➔Place where entrepreneurs thrive.
➔Champion of alternative transportation.
➔Minnesota is ranked 2nd on Forbes quality of life.
Location: Minneapolis
12. Demographics of Minneapolis (2015)
Population 412,517
Households 176,878
Avg Household Size 2.22
Median Age 32.4
Median Family Income ( Minneapolis -
St. Paul Bloomington)
$69,183
Median Family Income of Minneapolis $51,480
Per Capita Income of Minneapolis $32,647
14. Food Trends
• Consumers seek fresh, natural
and minimally processed foods.
• Health and wellness is a trillion
dollar industry in 2017
• Younger consumers are most
willing to pay a premium for
health attributes.
Health and Wellness growth market
15. Type of food
• Delicious, premium, and nutritious.
• Products that are designed to promote health and wellness.
• Products that are made from 100% fruit and vegetables
without any added ingredients.
16. Restaurant Concept
➔A fast casual restaurant
➔Intermediate concept between fast food and casual dining
restaurant
➔The menu consists of better quality ingredients.
➔The quality of food and prices tend to be higher
➔Ex: Mexican Chipotle Grill, Panera Bread etc
17. • Cold Pressed Juice
• Made by pressing fruits and vegetables under high pressure
• Cold-pressed juice market to grow at CAGR 10% by 2022
• Smoothies
• Global smoothies market to grow at a CAGR of 7.1% by 2020
• A thick blended beverage with shake like consistency
• Acai Bowls
• Eating from bowls is a trend and encourages more takeaways
• A really thick smoothie topped with oatmeal or fruits
Menu
18. Competition
Name Menu Price Reviews
Juice So Good Cold pressed juice
Smoothies
Acai bowls
Coffee
Under $10
4.0
Jamba Juice Fresh squeezed juice
Pudding cups
Fruit & Oat bowls
Smoothies
Moderate 3.0
Truce Cold pressed juice
Pudding
Bites
Smoothies
Moderate 3.5
Green Bee Juicery Cold pressed juice Pricey 3.5
19. Marketing strategy
•Grand opening to build buzz & create Brand image
• Connect through Social media platform
• Hire Agencies for Marketing and Web/App development
• Location based action strategy
• Loyalty program and In-store Wifi
• Maintain a 5P model
20. Operation Strategy
POSITION FULL TIME
General Manager 1
Kitchen Manager 1
Asst Manager 1
Line Cook 2
Servers 12
➔ Training
➔ Daily operations & production
➔ Customer Service
➔ Management Controls:
1.POS System
2.Time & Attendance System
3.Safety Reviews
➔ Administrative System:
1.Daily Cash Control
21. Financial Projections
• Footfall density
• In-restaurant = 50 person/day on weekdays and 70 person/day on
weekends
• Take away = 40 person/day on weekdays and 60 person/day on weekends
• Sale will increase by 10% every six months.
• Total expenditure per month remains constant throughout.
22. Financial projections
Total sales
● In-restaurant
● Take-away
$12,480 per month
$10,240 per month
Total Expenditure
● Capital (bank loan)
● Capital expenditure
● Operating cost
$2,50,000
$1,15,500
$34,873 per month
23. Year On Year Projections
Profit at the end of 2017 = $-1,32,204
Profit at the end of 2018 = $-72,090
Profit at the end of 2019 = $648
Profit at the end of 2020 = $88,662
The payback period of the project = 3 years
24. SWOT
STRENGTHS
1. No exclusive Juice o within a 5 mile radius.
2. Minneapolis being a health conscious city,
we have a great location advantage.
3. Most of the ingredients being fresh
produce, would be saving on refrigeration,
preservatives and processing of food.
WEAKNESSES
1. Lack of brand popularity, given we are a new
player
2. Limited budgets for marketing/awareness
activities
3. Lack of previous experience in the
Minneapolis area
OPPORTUNITIES
1. Ride the wave of Cold Press Juice frenzy.
2. Increase market size significantly, as many
customers are not yet aware of our brand.
3. Franchises can be offered to interested
parties, allowing the business to grow
faster.
THREATS
1. Competition from existing restaurants to
expand into juices and health bowls.
2. Major chains with heavy budgets can easily
try to enter this market.
3. A decline in economy might reduce user
spending and impact eating out habits.
4. Expanding our Digital footprint might bring
some threats in that domain.
25. Unique Selling Point of the Project:
• Fast and healthy food
• Caters exclusively to nutritive food only
• Competitive pricing
• Give Customers DIY Juice options
• Location & Event-based Pricing
• Search Engine Optimized Digital Interface for maximum visibility
• Customer Tracking, Loyalty & Rewards Program
26. Conclusion: Future scope
• Focus laid on developing the restaurant to achieve a successful Return on
Investment.
• Based on the appeal this business generates, it might lend favourable expansion
opportunities in other business verticals.
• The comprehensive approach adopted in building the business philosophy,
operational & financial systems and marketing strategies will enhance the
expansion opportunities.
• The processes created for this business entity can also be templated for
expansions in other business verticals.
• This adds profitability, visibility and a cumulative brand value to establish the
company as a successful business conglomerate in dynamically evolving markets.