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Running head: IMPLEMENTATION PLAN FOR FRIAR TUCKER GALLERIA PROJECT










Implementation Plan for Friar Tucker Galleria
The purpose of this paper is to present an implementation strategy for Friar Tucker, International’s Galleria project. The Galleria project has the potential increase profits after the initial investment of $5 million dollars. Also, the project fits well within Friar Tucker International’s strategic plan. The most important parts of this strategy is to make sure that we operate within the budget and to make sure that we are in position to make money at the end of the projected 5 year period.
Friar Tucker’s Strategy
Friar Tucker International (FTI) is a hospitality services chain that manages 35 entertainment and cuisine establishments-15 cuisine establishments, 10 sports establishments, 8 family establishments and agreements with two hotel chains for subcontracted work. The company employs approximately 1,200 individuals and generates revenue of more than $300 million. The revenue breakdowns are a follows:
Cuisine Establishments $97 Million
Sports Entertainment $101 Million
Family Entertainment $92 Million
Subcontracted Work $15 Million

The vision of FTI is: to be among the top ten hospitality service providers in the family entertainment business, based on our superior service levels and innovative marketing.” The corresponding mission is “to attract more visitors and customers through food and entertainment facilities, and ensure a great family experience.”
The key focus areas for Friar Tucker International over the next three years are as follows:
• Establish their presence in the entertainment hospitality segment
• Consolidate their presence in the cuisine business by expanding into specialty establishments
• Expand into the corporate entertainment segment.
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