Arz al-Lubnan Hookah Bar is a new concept that focuses on hookah bars for college-aged customers. Sayed and Yasmine Batroun, the founders of the business, will open their first bar in Trendytown. The company will make revenue from the sale of non-alcoholic beverages, flavored tobaccos, and appetizers. The business is seeking angel investor funding in order to open its first store.
The business projects to become profitable in its first year with good profit from strong sales in the first year. The third year of operation will see sales triple. High margin products will make the net profit respectable. A franchise sale to a chain or bars seeking to expand their market is an option for investors.
Objectives
Arz al-Lubnan Hookah Bar is launching its first lounge for hookah.
To establish a community of hookah smokers who contribute programming, events, and culture ideas to Arz al-Lubnan Hookah Bar resulting in 50 events or programs held in its third year of operation.
To maintain a Facebook Fan page of 5,000 individuals by the end of its third year as a sign of its community.
To become profitable in its 2nd year through the sales of tobacco, food and beverages.
To establish a franchise model of hookah bars.
Mission
Arz al-Lubnan Hookah Bar’s mission is to create a relaxed, stimulating and energetic environment where hookah smokers as well as new converts can meet. The environment will include elements from Middle Eastern culture, as well as local culture.
Keys to Success
The keys to success for Arz al-Lubnan Hookah Bar are:
Create a comfortable environment
High quality hookah, food, and drink.
Develop a loyal core audience
Increase the number of hookah-smokers in Trendytown
To energize the customer base, create their own culture and events in Arz al-Lubnan Hookah Bar
An exciting new business idea is possible in Eugene. University Mopeds rents mopeds from students at the University of Oregon. There is currently no business like this, in Eugene, which caters to this market.
It is possible to rent a student’s own vehicle during school for just a little more than a monthly cellular telephone bill. Mopeds are more cost-effective than cars and have lower fuel consumption. It is also possible to insure these vehicles for around $30-$50 per year.
This business target market would be approximately 15,000 full time students. Many students commute daily from Autzen Field. Parking on campus is hard to find, and the bus offers few options. The economical moped is the answer.
Students don’t have the money to buy a moped but can rent one for $50 per month. University Mopeds would purchase used mopeds for $400-$700 and lease them out. The average moped would be paid off within one year.
University Moped will attempt to reach 1% of full-time students in year one. This would translate into 150 rented mopeds. The 5-year growth rate should be no less than 15%.
Assuming an average purchase price of $550, and a ten month rental contract at $50 per month, it is possible for University Mopeds to be profitable in year two.
1.1 Objectives
Rent 150 units in one year.
University Mopeds can be self-sufficient and economically viable by year 3.
Rent at least 263 units per year (5% annual growth rate)
1.2 Mission
University Mopeds will serve the student first. University Mopeds will allow clients to rent quality transportation at a fair rate. University Mopeds will be a financially sound business, which will reward employees and its owners.
1.3 Keys to Success
Great customer service and value.
Rent affordable.
Reaching the target markets
Integrity in service to our customers results in repeat business.
The Coffee Break will launch to offer convenience while maintaining nutrition. Market research has shown a promising demographic, especially among females and those over 55. We will meet their demands by serving great food at a reasonable price. For those who want to unwind from the hustle and bustle of their day, The Coffee Break will offer a small coffee bar, soda fountain, ice cream case, and a snack menu.
Our main target markets include students, business people and tourists. All of these markets are growing in size, and demand. Our prime location will facilitate convenience to many of our customers.
1.1 Mission
The Coffee Break will be a model for local standards. To make it convenient and easy, convenience stores and ice cream shops will no more be offered separately. No matter how busy a customer is, they will all feel at home at The Coffee Break. They are sure to return for the same level of comfort.
Success keys 1.2
Here are the keys to success for The Coffee Break
It is located near several small businesses and universities. The customer base will continue to grow.
First area convenience store to incorporate a nostalgic setting.
Flexible hours are available to accommodate peak- and offpeak customers.
Unique and high quality goods at reasonable rates
1.3 Objectives
Coffee Break is a convenience store that will serve busy students, local workers, and tourists. It will soon rise to be the trendy place to shop for quick needs and a little relaxation to a busy day. The Coffee Break is a coffee break that will help you achieve this.
Generate $218,000 of sales in year 1, with an 11% growth rate for the next four years.
Each year, you should achieve a gross margin of at minimum 55%.
Show a net profit of $20,000 by the end of the year 1.
Recycled dream is a Portland-based rental shop for bridal gowns and accessories. Recycled Dreams is owned and operated by Connie Jugal. They will fill the gap in the market for formal wedding attire that is rented instead of purchased. Traditionally, wedding party members are required by the bride to buy their dresses. They have no say in what the dress will look like. They are informed exactly what dress to buy. Most often, the dresses look terrible and end up in the closet collecting dust. The dress will be rented once so it is very practical to allow people the option to rent it. This makes it much more affordable, but also fashionable. Men can rent tuxedos, now women can rent bridal dresses.
The Services
Recycled dreams rents dresses, shoes head pieces, and veils. You can buy the dresses for the bride and other women if you so desire. Customers will love the option to rent these unique pieces of clothing. Recycled Dreams not only offers the possibility to rent clothing and accessories for wedding parties, but also has strategic partnerships established with top-flight local suppliers of wedding services such as catering, invitations, catering and photographers. Recycled Dreams is able to provide customers with a one-stop shop for all their wedding preparations. Recycled Dreams will also earn a commission on any referrals that result in additional revenue.
The Market and Competition
Recycled Dreams aims to target two distinct market segments. These are the parents and the spouses of the bride. Couples as a market are growing at 9.9% per year with 114,584 customers. Parents have an 8% growth rate with over 112,000 customers.
Recycled Dreams is up against traditional bridal shops that carry the product. Recycled Dreams recognizes that these shops are competition, but they see them as indirect competitors. Recycled Dreams also believes that renting the dresses is a great value-added service. There are currently no other Portland-based bridal rental services. The concept is entirely new. It has been tested to great success in San Francisco and Recycled Dreams is the first to offer it in Portland.
Competitive Edge
Recycled Dreams boasts two distinct advantages that will enable them to rapidly grow their customer base, and validate their new concept. The first is that women’s bridal wear can be rented just like men’s suits. Because the dresses can only be worn once, this is especially intuitive. Although it might seem that renting dresses is frowned upon by some, the only way anyone can know is that the rental customer is the one who rented the dress. Their second competitive edge is their benchmarked customer service. Recycled Dreams views their role as being there to guide clients through the process and meet all their needs. This philosophy is deeply ingrained throughout the company.
Management
Beyond the fact that Recycled Dreams is a great idea, the company has a seasoned founder and manager at the helm to guide the company to profitability. Connie brings years of retail management expertise. Her retail management experience came from the Salvation Army, where she managed several stores. Connie was a manager and responsible for achieving growth rates of 46% per store each year. Connie will draw on her extensive industry experience to make Recycled Wishes a success.
Recycled Dreams is an exciting concept that acknowledges the fact that most bridal party dresses are not the prettiest creations, are quite expensive, and almost never worn after the intended wedding. Recycled Dreams will reach profitability by month 10 with healthy sales for year one and more than doubling by the end of year three.
1.1 Objectives
The following objectives are set for the initial three years of operation
To create a service-oriented company that exceeds customer expectations.
Superior service can increase the number clients by 20% each year.
To develop a sustainable start-up business providing cost effective bridal dresses.
1.2 Mission
Recycled Wishes’#8217’s mission it to offer affordable bridal dresses and accessories that can be used for weddings.
We will exceed your expectations with our services.
D.A.P. Exports is a company that exports parts and lubricants for automobiles to Jamaica, Columbia, Ecuador, and Venezuela. Many of the company’s shipments include both American-made and foreign products, along with some repackaging or labeling.
Latin America, the Caribbean and Mexico are currently home to an industry worth $100 million in auto parts sales. These countries have a large number of automobiles that were built in the 1980’s. Automakers tend to focus on the cars made in the past ten years.
D.A.P. Exports has established a vast network of contacts with customers in the region. James Dunn is the owner of D.A.P Exports. He has over twenty years experience in selling consumer products throughout Latin America and Caribbean. James has been a salesperson for Axiom Food Products, Klymor Manufacturing, and Dudley Food Products.
During those years, James used taxi services in Latin America and the Caribbean. It was during one of those trips that he became aware of the demand for auto parts and auto lubricants. James also discovered the best distribution method for auto products in this region through local taxi firms.
D.A.P. D.A.P. The taxi companies can either repair their vehicles with the parts or sell them to the public. D.A.P Exports is also available to sell auto parts in the region.
1.1 Objectives
D.A.P. Exports’ objectives are as follows:
In the first year of operation, you will see a significant increase in sales.
Attract 100 taxi firms to the region.
During the second year, sales were modestly increased.
1.2 Mission
D.A.P.’s mission is to provide auto parts for all. Exports exists to be the leading auto parts supplier to the taxi companies in the region.
StructureAll Ltd. was established as a consultancy firm that specializes in structural engineers services. A home office in Yellowknife, NT will be established the first year of operations to reduce start up costs. The founder of the company is an engineer with 18 years of progressive and responsible work experience.
The founder, Philip Nolan, provided an initial investment towards start-up costs. Half of the amount will go towards start-up expenses, and the balance will be put into company accounts as working capital.
The firm will focus on providing visualization and 3D modeling services to our clients. Business plans will incorporate state of the art analysis and design software. The production team will have a focal point if they implement a quality control or assurance program.
1.1 Objectives
In the first year, revenues were modest. However, they grew slowly over the next two.
At the end the third year, the market value has reached 20%
Increase gross margin by a substantial amount in the third year.
1.2 Mission
Our mission it to provide clients in Canada’s North with all types of structural engineering services, from concept to completion. A highly skilled professional team works together with common sense and practical knowledge.
1.3 Keys to Success
Provide professional quality services within the agreed timeframe.
You should develop a plan for following-up with your clients to measure performance.
A growing demand is for fast, snack-type food that can be eaten while shopping in the malls and window shopping.
Solution
Fresin Fries is a great place for kids to bring their family and friends. We offer a unique environment, fresh-cut Belgian fries and a variety of signature dipping sauces.
Market
Fresin Fries intends to cater to the bulk of teenagers and youngsters in Singapore. This age group has been chosen for many important reasons. We aim to be “the outstanding fast food place”, and we believe that this age range (15-25) is the best place to start brand building. They are often on a fixed or limited income and need a value/price ratio that does not exceed their budget.
Our secondary target group is between 25 and 37 years old, who are a large lounge/restaurant user. They are more flexible about their budgets, and they seek out more than a price/value relationship.
Competition
We are the main competitors in this sector. There are Tori-Q and Pizza Walker in our area, as well as Starbucks, Bread Talk and Rotiboy.
Why Us?
Customers will enjoy the complete experience of visiting our outlets and website. They will also learn more about this exciting new “pop culture.” All merchandise will come with our brand attached, including t-shirts and pre-packaged sauces.
Expectations
Forecast
This plan is designed to find a place for the initial launch. We plan to finance the costs using two investments totaling $100,000. One at startup and one in the first year. We expect strong growth throughout the three years. The third year will see profitability.
Financial Highlights for the Year
Finance is required
The original four founders are the owners of the company. They each will contribute $25,000 per share, 25% in paid-in capital, and $100,000 to the start. This will cover start-up requirements. We anticipate contributing another $100,000 in the second-year.
Royal’’s Software has set out to create Royal’’s Inventory Basic–, a scalable inventory product. Pursuit Solutions will sell the new product, which is expected to be available in May.
Pursuit Solutions will distribute Royal’’s Inventory Basic through over 1,100 Valued-Added Resellers. This is a $50 Million company hardware integration reseller. The product will sell for $2,499. Royal’’s Software will get $1,250 per unit. It is projected that Pursuit Solutions will sell 250 units by month six. Royal’’s Software is expected gross $313,000 after first year sales.
Support and product modifications will play a crucial role in software sales. Royal’, Software estimates that $63,200 will be spent on product modification within six months.
In addition, Royal’s Software has entered into a business agreement with Pursuit Solutions and Johnson and Roe (CPA firm) to create a MAS 90 portable data collection interface that will be sold to accounting firms. This software product is in development for the past ten month.
John Royal, Dan Whiteaker and other key players in the product development process. MAS 90 is not a product that is packaged. Instead, it comes with software customization services (2,000 to $3,000) which will be provided by Royal’. This software product is expected to sell for $2,500
Royal’’s Software will receive 1/3 the gross sales ($833). It is projected that Royal’s Software will gross $500,500 by May of next year from product sales and customization services.
The two co-owners of Royal’s Software, John Royal and Dan Whiteaker, will each invest $50,000. In addition, the company will obtain a $100,000 short-term loan.
1.1 Objectives
The objectives of Royal’s Software are as follows:
Assemble the company to be a leader of inventory software products.
Each year, increase sales 20%
Develop one new inventory product per year.
1.2 Mission
The mission of Royal’s Software is to create inexpensive inventory software that will be scalable, so customer modification can be easily added.
1.3 Keys to Success
The ability to produce products on time and on budget, that meet the user’s needs and specifications.
Sagebrush Sam’’s – “a steak buffet is a rare combination of exceptional food at an affordable price and a relaxed, entertaining environment. Sagebrush Sam’’s meets this growing demand. The public (1) is looking for value in all things it purchases; (2) doesn’t accept anything that doesn’t meet its expectations and (3) seeks entertainment through its dining experience.
It is becoming more difficult to distinguish between different restaurant concepts in today’s highly competitive marketplace. Sagebrush Sam’’s is the only buffet restaurant that serves USDA-choice sirloin steaks. The steaks will come 21 days old and are prepared fresh daily. Our grill will be out in the open and loaded with steaks cooked to the proper degree of doneness that our guests request. Our high dinner volume means that there will not be any wait to order a steak. The grill will always be fully stocked. This market is not available to any other national chain. We are confident that this feature will help us succeed in a world where red meat (especially steaks), is increasingly in demand.
This restaurant business plan can be used to secure financing for the initial launch. The financing is required to begin work on kitchen design, architectural plans, manuals and recipe books, site selection, equipment purchases, and to cover expenses in the first year of business. Additional financing will be needed for the two additional units in July, Year 2, or January, year 3. Our positive cash flow will help to offset some of this burden.
Sagebrush Sam’’s will be able, thanks to capital contributions from its owners, to continue operations into year one. Sagebrush Sam’8217’s will be able to offer its customers a value-driven, entertaining dining experience with the initial capital investment. To provide middle America with a unique and innovative atmosphere, customers must be able to bring their friends and family to eat and socialize in a mid-sized, creative environment. The cash flow will be sufficient to make it self-sufficient in the fourth year if the operation is successful through year 3.
Objectives
Sagebrush Sam’s initial three years of operation have the following objectives:
Growing one unit each year during the first three-years of operation.
Maintaining food costs below 35% of revenue.
Keeping employee labor cost between 16-18% of revenue.
Each location averages sales between 3-4 millions dollars per annum.
To keep costs and operations under control, a managing partner/proprietor is needed for each site. Then automated computer/Internet control can be used.
Mission
Sagebrush Sam’s will strive to be the premier buffet restaurant in the local marketplace. Sagebrush Sam’8217’s will strive to be the best buffet restaurant in the area. We will offer unique services, such as USDA-choice sirloin steaks that you can enjoy on a mesquite-grill. These are some of the things that will set us apart. We want the dining experience be as pleasant to the senses as the palate.
We will focus on providing high-quality food at an affordable price. We will offer a variety of freshly prepared food to our guests, many of which will be in full view. Each day, we will have 100 unique items that are packed with flavor and zest for an incredible price.
Customer satisfaction is our top priority. Our motto is “Yes is the answer, what is the question?” When a customer approaches us with a question, we will tell them. We want to be the place of choice for families and singles.
Our success will not be possible without the support of our employees. All employees will be treated with respect and fairness. We want our employees to feel a part of the success of Sagebrush Sam’s. Happy employees make happy guests.
In order to attain our goal of providing exceptional dining/entertainment experiences, we will incorporate ambiance, menu variety, and friendly service.
Keys to Success
Sagebrush Sam’’s success can be attributed to:
Our mission is to create an atmosphere that is unique, innovative, fun, and mid-scale, which will distinguish us from the rest.
Execution our primary goal to only serve the highest quality food at ridiculously low prices in clean, friendly surroundings. We must keep this promise 100% of all times.
Controlling all costs in all areas.
Hiring the best people available, training, motivating and encouraging them, and thereby retaining the friendliest, most efficient staff possible.
Scope creep. The approval process allows the client to demand more consulting services without having to pay more.
An engagement letter, also known as a proposal, is the basis of a professional consulting business. Accepted proposals become the contract between client and consultant regarding what should be done, when, how much, etc.
For tracking progress and managing ongoing projects, it is helpful to refer back to the original engagement. This will help you avoid scope creep and helps you track your progress. It’s a missing link that consultants often overlook.
Solution
Overture compiles proposals incorporating building blocks of content including text, tables, and milestones, component tasks, and date and deadline data, with ongoing progress tracking, tickler functions, communication with clients, and billing for progress. The key differentiator, secret sauce, is easily managed tools and a conceptual framework for ending scope creep.
Market
Prospects are open to single professionals, small-sized professional firms, and individuals working in large companies. Pricing is flexible and the software is available at different levels. Prices start at $19.95/month for an individual account.
Competiton
Competing software
There aremany good proposal management options span style=”font weight: 400 ;”>.
PandaDoc
RFPIO
Propose
Qwilr
Bidsketch
Osmosis
Loopio
Nusii
Proposable
Octiv
GetAccept
None of them address scope-creep like Overture. Many are priced higher than us and few of them have the same features as we do.
The real competition
The real competition is using existing word processing tools combined with project management and billing.
Why Us
We are fortunate to have three highly successful entrepreneurs who are now able to invest their own capital to help cover startup investment in the middle to six figures. They have strong software and consulting experience.
We value our customers. We believe we are doing what is necessary, will help users succeed, and will provide the best way for them to spend their money.
Expectations
Forecast
Our priority for the foreseeable future is high growth, not profits. We want to attain high valuations that create good opportunities for investors and ourselves.
Financial Highlights Year-by-Year
Financing Needed
We expect a capital investment in excess of $2.5million.
Our three founders are able to fund $240K of early seed money to build the business enough to secure a round of local angel investment.
We are looking to attract $750K angel investment for the Spring 2023.