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Organic Restaurant Business Plan

Studio67 - Restaurant

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Company Summary


2.0 Company Summary

Studio67 is a single-unit, medium-sized restaurant. We focus on organic and creative food. The restaurant will be located in a prime neighbourhood of Portland. Most important to us is our financial success, but we believe this will be achieved by offering high-quality service and extremely clean, non-greasy food with interesting twists.


2.1 Company Ownership

The restaurant will start out as a simple sole trader, owned by its founders.


2.2 Start-up Summary

The founders of the company are Andrew Flounderson and his companion Jane Flap. Jane focuses on the financial issues and Andrew on the personnel issues. Jane earned her business major undergraduate degree from the University of Berkeley.

We have found the location and secured the lease for £2,000 per month. We will be able to set up shop in time to begin turning back a profit by the end of month eleven and be profitable in the second year. The place is already equipped as a restaurant so we plan to come up with a total of £40,000 in capital, plus a £100,000 SBA-guaranteed loan, to start up the company.


Start-up
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£138,000
Fixed assets£0
Total Assets£138,000
Total Requirements£141,000
Funding
Investment
Investor 1£25,000
Investor 2£15,000
Total Investment£40,000
Current Liabilities
Accounts Payable£1,000
Current Borrowing£0
Other Current Liabilities£0
Current Liabilities£1,000
Fixed liabilities£100,000
Total Liabilities£101,000
Loss at Start-up(£3,000)
Total Capital£37,000
Total Capital and Liabilities£138,000

Start-up

Start_up
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