Okay, so we have considered all the requirements for starting a juice and sports bar. Why Do Bars Exist?
Strategic Analysis with current research! The Sports Bar, Inc. The Company was founded in by John Doe. The facility will have a full bar that will serve spirits, wine, and beer. The Company will also have plasma screen TVs to show televised sporting events, a juke box, and a pool table for customer enjoyment.
The business will also have a moderately sized food service that will serve hamburgers, wings, and other foods normally associated with sports bars. The Company will also enact strict policies regarding underage drinking, and the business will comply with all state regulations regarding the sale of alcohol to the general public.
Doe is currently in the process of obtaining the liquor license for the Sports Bar. The third section of the business plan will further describe the services offered by the Sports Bar. The interest rate and loan agreement are to be further discussed during negotiation. Doe has more than 10 years of experience in the retail management industry.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Sports Bar.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
The restaurant will maintain a full bar including liquors, spirits, several vintages and types of wine, as well as an extensive number of bottled and draught beers. At all times, the tavern will comply with all state and municipal regulations regarding the sale of alcohol.
For each patron, a valid ID will be required to ensure that the patron is 21 or older. For very busy evenings, Mr.
Doe may hire a part time door bouncer to check identifications as customers enter the bar. Additionally, Management will keep all liquor licenses up to date, and will file the appropriate documentation and fees on a quarterly basis. Currently, the economic market condition in the United States is in recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.
However, bars operate with great economic stability as people will continue to frequent bars and nighttime entertainment locations despite deleterious changes in the general economy 4.Click here to view this full business plan. Sports Bar Business Plan Executive Summary. Take Five Sports Bar and Grill has established a successful presence in the food and beverage service industry.
Mar 16, · Mangia Pizza & Pasta Co.
closed on Feb. 28 after its location was sold to the owners of Jac's Cekola's Pizza in Portage. It was sold by Emilio and Maria Dacabo, who owned Mangia Pizza & .
Tejas Grill & Sports Bar (TGSB), located in Downtown Houston, is owned by George Carameros. Plans for this sports bar began in The plan was to create a sports bar where the downtown business person can enjoy in a southern casual environment.
The proprietors of this new restaurant plan to take advantage of their market research, which indicates there is a great interest and very little competition in a specific area of St.
Louis for a barbecue restaurant. Amid rising objections to the plan to supersize the Grand Lido resort hotel in Negril, the property's new owner, Blue Diamond Hotel Groups, said on Monday that it is working with both "local and federal authorities" to satisfy concerns raised by all parties. Whether you're opening a sports bar, a nightclub, or any other type of tavern or similar business, these sample business plans will give you a great start.
Make sure to check out more than one - you might be writing a business plan for a microbrewery, but a sample nightclub business plan might have valuable information you can use for your own plan.