1.0 Executive Summary
Doha Quick Stop is a start-up company that has obtained a franchise license to operate an New York franchise in Doha, Doha Quick Stop is a new player in the restaurant industry. The restaurant is in a comfortable, familiar, small town that has a strong need for additional dining options. Bolstered by the need for more choices in family-oriented dining experiences, combined with the option for home-delivery, the restaurant is positioned to take advantage of the market need and serve the families in DOHA and the surrounding area. The company also has the added security of a well-known regional franchise to aid it in its pursuit of success.
Doha Quick Stop plans to utilize grant funding in the amount of 800,000QR to complete the renovation and initial expansion of its shop. The owners plan to purchase two new hybrid delivery vehicles, replace outdated equipment, add new employees and begin an intensified advertising campaign.
Chart: Highlights
1.1 Objectives
The objective was to lease a site at Al Naser Street. We will need to remodel the interior according to the Franchisor's design. We plan to duplicate and massage the successful formula used by the Franchisor. We will use our own personal strategies and skills to create our own success in our Al Naser venue. We plan to train our crew to ensure outstanding results in quality food and customer service. Our objectives are as follows:
•Be the first
Pizzeria in the Doha area
•Provide the highest quality product, with a feasible price
•Give top-notch service in a quick and efficient manner
•Keep our menu unique with a variety of fresh pizza offerings
•Maintain the competitive, fast-casual dining at a mid-range price point
•Use marketi...
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Expected Minimum Sales Per Month
Session Cost per slice/set # of slices/set Total QR
Cheese Pizza 8 7200 57,600
Topping Pizza 10 4800 48,000
6 Pc Wings w/ fries 12 600 7,200
18 Pc Wings w/ fries 30 300 9,000
30 Pc Wings w/ fries 50 30 1,500
Total QR 12930 123,300
6.2 Profit & Loss
Expected Profit Loss Analysis
Total Revenue 123,300
Total Expenses 52,125
Net Profit QR 71,175
6.3 Important Assumptions
These assumptions are all based on a research that has been conducted by the student in order to get approximate figures of the costs need to start up the business, these figures are solely by the student assumption after generating information that exposed to him the market figures and the competition. The figures mentioned in the previous sections are not 100% accurate and cannot be taken for further actions.
„« Without government support fund in second year onwards, if GSC wants to breakeven, we will suggest using case 1 with a combination of gift shop. With a $520,000 as promotion expenditures, GSC still has a $20,000 lost that need to be covered. Generate profit from gift shop can get out of the lost. In case 2, it is non-sense to charge the preschool children a ticket price since it will conflict will our primary goal, which is to educate the general public. In case 3, it is difficult to persuade government to grant a $1,000,000 each year. Once the government stops funding, GSC may need to close down.
A vast empire that continues to rise is the king of americanized gourmet asian cuisine, Panda Express. This fast food restaurant has its arms wrapped around a large demographic do to its large food proportions, great tasting food, and comfortable atmosphere. This is one of the most ideal things to bring in to Brownstown. The allocation of Panda Express to the people of Brownstown would only bring more people to the town as well as envelop its people in good tasting food.
Affirmed. The dismissal was affirmed due to the fact the defendant was not physically present in New York state when the defendant allegedly committed the torts, therefore the defendant was not subject to the personal jurisdiction under the long-arm statute of New
A restaurant’s success is often dependent on its location. Restaurant’s that are located near other restaurants can enough synergistic benefits due to their location (Parsa, Self, Njite, & King, 2005). However, choosing the wrong location can also spell certain doom for the establishment. In general, restauranteurs must ensure that they are making enough profit to justify the demands put forth by their landlord and the local government. For this reason, the restaurant’s deed or rental agreement is one of the most important document in determining a restaurant’s fate. This paper seeks to examine the issues associated with leasing restaurant property; in particular Harlequin and Brine, an upscale casual restaurant.
Management experience will also play a large role in the success of the forecast. The current team is quite new and will gain some needed experience over the next year in the hopes of staying on track for success. The ability of management to ensure product is readily available for the client, their training techniques with new and seasoned associates, and general management style will ensure success or spell defeat for the store.
Many of the customers are regulars who have been coming to the restaurant ever since it first opened, which is why the owners make it a priority to provide a consistent menu with the customer’s favorite entrees. The restaurant strictly serves dinner options, as it opens its doors at 4pm. The menu consists of seafood, pasta, steak, and sandwiches, as well as a daily entrée and soup specials, allowing every customer to find something that appeals to them on the menu. Although the menu features a wide variety of food, many of the options, especially the seafood, can be quite pricey for many customers. This results in many customers only being able to come in for special occasions, as the food is too expensive to pay for on a regular basis. Some of the restaurants most popular items, such as the prime rib, are only available on the weekend, resulting in customers who come into the restaurant specifically for thos...
When different kinds of menu for lunch and dinner are included, there is an opportunity for attraction of more clients in the new outlet
The business will be financed with 5,000 dollars of owner's money and investor's money that will cover the demand quantity and agreed with the investors. Starting costs will be $22,500. Sales are estimated at 120,000 per year by the first year. A positive cash flow will be produced at the end of the first year. Our business will also give our clients a profit margin opportunity of 100% per unit and up, because of the low price and the luxury of these products, which will be a big motivation for our clients.
Our team has been instructed to help advise on a business case involving a restaurant, The Mongolian Grill. It’s owner, John Butkus, is contemplating renovations, in hopes of adding capacity and increasing revenue. There are several scenarios that are available to him. One option is to add an extra food bar. The second option is to move the location of the cooking area. He can also implement both options, if he so chooses. Our team has done the appropriate financial calculations, as well as qualitative considerations.
The contained paper has been prepared with objectives of elaborating over the three different costing methods namely, Absorption/Full Costing, Variable/Marginal Costing, and Activity Based accounting. The first segment of the report seeks to define and illustrate the costing methods based on the personal understanding of the writer gained through the class room and the academic readings. Part two of the report takes a form of short essay, written critically to evaluate the application of standard costing and variance analysis to any size of business, and concludes with a verdict that whether or not standard costing and variance analysis is applicable to each business with consideration of its costs and benefits of the system.
Mission- to provide values to the lives of customers, to make the lives of partners worthy, concern about environment and community
From marketing perspective, LOCATION for the fast food service to the potential customers is most important according to Maritz Marketing Research. The recent study showed the location has to be convenient. The analysis said that adults under the age of 65 prefer convenient location for their fast food. They need their service to be in “an arm distanced”, which means the convenient location helps customers save their time, traveling cost. For the fast food chain companies, locating the branches to reach customer becomes a positioning strategy.
An evaluation of the restaurant’s strengths, weaknesses, opportunities and threats served as the foundation for this marketing plan. The plan focuses on the restaurants marketing strategy, suggesting ways in which it can build on new customer relationships, and development of new food products and targeted to specific customer groups.
If I were to start my own business, my dream would be to build a surf and skate shop on the Southern California coast. My business would be located on beachfront property in the surrounding area. This business plan will cover two main subjects, 1: an Analysis of the Business Situation, and 2: the Planned Operation of the proposed business. The first topic will cover the subtopics Trading Area Analysis and Competition in the area for my business. The second main topic will cover the proposed organization of the business, the proposed business, and proposed strategies for that business. The analysis of the business situation will cover geographic and demographic information for Huntington and the surrounding area. It will also contain an analysis of businesses in the area which are of similar type, customer buying behavior relating to my proposed business, and the potential location of my business. The Proposed Operation section will address the topics of ownership, start-up procedure, personnel needs, special functions, and an organizational chart. Details of products which will be sold will also be included, as will my business' pricing policy. I would hope that through my thorough planning and explanation that my business idea will be a grand success on the beautiful beaches of California.
Their dedication to their mission statement and also due to the loyalty of the local community has given way to recent construction projects, such as a $66 million dollar expansion and renovation, new construction of a new emergency department and a new outpatient surgery center. These new ve...