This document outlines a business plan for "Earthos", a proposed premium vegetarian restaurant. The summary includes:
- Earthos will be a theme-based, upscale concept focused on providing authentic vegetarian and vegan delicacies from around the world.
- Keys to success will include authenticity, innovation in vegetarian cuisine, combining world cuisines, using healthy ingredients, and attracting renowned chefs.
- The objectives are to become a top global vegetarian restaurant known for authentic flavors and achieve cash flow self-sufficiency within a year.
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Saute, an Organic Restaurant - Business PlanSiddharth Shah
This is a business plan project of our coursework for BBA, NMIMS. The business plan includes the company descriptions, products & services offered, marketing & promotions overview, financial statement analysis and operations management of a new business.
The team members included
Anuj Bakshi
Siddharth Shah
Shreet Shah
Shyla Jha
Samah Visaria
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This one day course provided, at a high level, an understanding of the process needed to start an artisanal or specialty food business.
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Promotion of this product will begin before Ramadan and based on Clubs and schools and universities
In our initial core course of marketing, we had to launch a product in the market for the less fortunate people or people belonging to socio-economic class D and E. So, we came up with a very nutritious health drink which will eradicate malnutrition among them at a very low price. We also decided to sell this product with a better packaging to the urban people at a higher price and Cross-Subsidize!
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2. earthos
Executive Summary
Keys to Success
Vision Statement
Mission Statement
Objectives
Characteristics of Veg. concept
Goodies on offer at Earthos
Earthos’ Scope
Need for Earthos
SWOT Analysis
Marketing Strategy
Sales Strategy
3. Executive Summary
earthos is a premium eating establishment, with a keen focus on
vegetarian aspirants and offering vegetarian delicacies from across the globe.
earthos is targeted towards healthy and nutritious way of providing
vegetarian fast food and multi-national cuisine on the platter.
Distinctive menu with a differentiating strategy to provide excellent culinary
choices for global patrons.
The key to success for our company is, in-depth market research, an innovative
theme-based concept; an excellent approach to selling and a strategic location
with marketing at its very best.
4. Executive Summary
To overcome food Industry’s high competition, periodic over-capacity, low
margins and low entry & exit barriers, our company is planning meticulously for
earthos with a will to draw tourists as well as multi-national residents in
vicinity.
Planning to provide class products at competitive and premium pricing, thereby
providing credibility to its clients.
5. Keys to Success
Authenticity is our benchmark; with an ideation to connect with the
customer to provide him with original flavours.
Innovation is our key, how creative we can be with vegetarian cuisine is
our sole focus.
Combining world’s best cuisines into one.
Healthy, nature-fresh raw produce is our offering.
Enhanced and targeted approach towards pricing, pitching, customer-centric
approach and promotions.
Capturing world’s best chefs to provide best and authentic mouth-watering recipes
for our menu.
A theme-based creation, with class interiors.
6. Mission Statement
earthos will be the most sought after, upscale theme-
based concept in combination with fast food & global
multi cuisine; thriving on focusing and targeting
vegetarian & vegan food-lovers across the Globe,
providing them with authentic mouth-watering recipes.
7. Objectives
earthos will strive to achieve the following goals –
Be one of the world’s top vegetarian restaurants, making its presence
felt across the globe
Authenticity is our sole aim and to serve with original flavours
Cash flow self-sufficiency by the end of first year
Providing an income for founder – owner with income growth and
expansion possibilities
8. Characteristics of class Vegetarian concept
Health
Benefits Open for one
and all
Taste-bud
appetisers
Global
Perspective
Authentic
Taste
Commands
Premium
Price
9. Goodies on offer at ‘earthos’
Valued
Customer
earthos - premium line of
authentic menu list
Top of
the
Line
Decor
Theme -
Based
Creation
Delicacies
on platter
Authentic
Chefs
Original
homeland
taste
earthos – passion delivered
with a smile
10. earthos Scope
• Lucrative for Investors
• Brand imaging for
premise owners
Customer is Ready & Willing
• More and more global food-lovers visit UAE.
• And they are willing to pay for premium
products.
• Authentic recipes
• Happy Clients
• Developing Relations
• Enhancing customer
base
earthos
12. SWOT Analysis
• Right place configuration – failure to
attract footfalls.
•Competition moving in vicinity.
•Best of global clientele
•Presence of many theme-based
creations with specific menu offerings
• Effective Social Media usage – FB users
in UAE = 50% of population
•Sedentary lifestyle & general health
conditions.
•Increasing awareness towards healthy
lifestyle.
• Veg as main theme can buff off
non -veg aspirants.
•Insufficient exposure to similar start up
• Multi-Cuisine recipes
• Exotic dining experience
• Smart take away model
• Express delivery model
• Ample Project Management
experience.
• Processes well understood.
• In-depth market research
• Passion to excel.
Strengths Weaknesses
ThreatsOpportunities
13. Marketing Strategy
Focus on Market trends
Market needs
Market Growth
Main competition
Promotional strategy
Positioning Statement
Pricing Strategy
Effective usage of Social Media – FB, Twitter, SMS, Radio, Internet,
SEO etc.
14. Sales Strategy
Forecasting sales
Specifications on dining and takeaway sales
Pitching in the right menu for the right customer
Bench-marking return policy, i.e. no debates with customers
Defining target market
Determine out reach
Deliver and build
Monitor
Smiling and customer-friendly hosts & hostesses