Sumptuous Cuisine Catering serves both private and business clients in Doeuvreville, as well as the surrounding areas within a radius of ten miles. Since 2005, the company has operated a full-service catering kitchen. It also specializes in planning events for high-end events. The business provides event management and event staff. It also offers a wide range of food and beverage options for breakfast, lunch, dinner, and snacks. Sumptuous Cuisine Catering plans to expand its operations to The Sumptuous Bellroom in Doeuvreville. It will have a mortgage on the space, cash reserves, and issue a convertible debt for angel investors.
The addition of The Sumptuous Ballroom to the services provided by Sumptuous Cuisine Catering will enable gross margins to rise above their previous levels and industry averages as rentals of space provide high gross margins. Existing clients and new customers will be interested to use this space as well as the additional services Sumptuous Cooking Catering offers. From their 2009 levels, top line sales will more than double to 2012. Even with the anticipated rises in operating expenses, net profits from this acquisition will triple between 2010-2012. To achieve these goals, Sumptuous Cuisine Catering plans to make use of the space for at least 40% of its days by the end year 3.
Objectives
Sumptuous Cuisine Catering established these objectives for the ballroom’s first three years:
- Renovate and improve the interior design of the ballroom
- Retain and hire a facilities manager to manage the logistics of the new space.
- The ballroom acquisition will result in a positive return of investment by the second calendar year
- Use the ballroom for 40% of the days until the end the third year
Mission
Sumptuous Cuisine Catering delivers top-class events with flawless execution for private and corporate clients in the Doeuvreville, Louisiana area. With Sumptuous Cuisine Catering running your event, the food will be delicious, the service will be excellent and the guests will be wowed.
Keys to Success
Success in the catering business and in event planning are keys to your success.
- Manage and exceed client expectations
- The client should receive expert advice and guidance while still taking into consideration their preferences and vision.
- Professional showmanship must be displayed on the day.
- Protecting the client’s assets and liabilities even when it involves making controversial decisions
Sumptuous Cuisine Catering keeps these keys in mind through all events they have managed and catered in the past and will renew their efforts as they open their own catering venue.