Restaurant Entrepreneurs Case Study - Management Assignment Help

Assignment Task:

Task:

Imagine you are a group of restaurant entrepreneurs (3-4 students per group) wanting to open your own restaurant concept in Manly. You wish to secure funding from a silent partner and will need to prepare and business plan and present a pitch to a panel of potential investors. You have already secured a site at 4/93-95 North Steyne Manly NSW 2095. It is already approved as a restaurant right opposite Manly Beach with a partial fit-out. Area: 160sqm (120sqm of internal + 40sqm of external space suitable for outdoor dining). The site is the first in a strip of three restaurants from the pedestrian crossing. The site already offers a grease trap, exhaust, floor wastes, 3 phase power and gas supply. There is also a coolroom, fridges, freezers, benches, counters and a lock up garage for additional storage. For Lease: $175,000 + GST Net and outgoing are $12,840 PA. See some current images and floorplan below. Executive: (less than 200 words) o Background of the Restaurant Concept o Main findings o Recommendations for future investor Body: o Description of the business: concept, name and overall offering o Identification of the target market: demographics and lifestyles o Competitor and location analysis o Menu and pricing strategy (Food and Beverage)- Design and ethos

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