Restaurant Business Proposal

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Business Proposal Business Description “The assemblage” is a start up New York based restaurant. It is based right in the heart of the commercial center and will aim to attract corporate workforce during the lunch hours and families during the night. It aims to connect with its target market by offering a high quality and diverse menu at affordable costs. The restaurant will propose high-quality and unique items so as to utilize maximum local resources for not only business growth, but also market growth along with channel expansion (Riebesell, 2001). “The assemblage” is not only owned but will also be managed by its chief investor. The restaurant will have a humble inauguration and will aim for the reasonable aims and objectives set out in the business proposal herewith. “The Assemblage” aims and objectives for the initial three years comprise (Riebesell, 2001): • Enhancing one-unit each year. • Maintaining the cost of food below 35% of revenue. • Maintaining workforce expenses below 18% of revenue. • Maintaining sales amid half a million dollars each year (Riebesell, 2001). “The Assemblage” will be different from other restaurants in the area in not just its location but also the services it offers to its customers. The owners plan to propose a special and unique mixture of quality eating experience at affordable costs together with a healthy entertainment and leisure atmosphere. This way the customers will have a pleasant eating experience as well as view their favorite sports games (Riebesell, 2001). “The Assemblage” start-up costs have been described in table 1 and 2 below: Table 1: Start-up Requirements Start-up Expenses Legal $1,000 Stationery etc. $1,000 Other $1,000 Total Start-up Expenses $3,000 Start-up Assets Needed Cash Balance on Starting Date $88,000 Other Current Assets $50,000 Total Current Assets

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