The Great Wall of China Chinese Restaurant

1
The Great Wall of China Chinese Restaurant

• Stacey Eng
• BISM 2100

2
The Vision

• The vision behind the Great Wall of China will be
  one of grandeur. This innovative restaurant will
  not only provide our clients with a unique East
  meets West themed menu but an ambiance that will
  be unparalleled by competitors.

3
Assumptions

• Owners Salary per year
• 38,500.00
• Growth rate 2.5
• Interest rate 3.3
• Tax rate 33

• Food Costs per week 3,230.50
• Monthly Invoices
• Rent 2,900.00
• Phone 65.45
• Electricity 550.00
• Insurance 708.00
• Licenses 127.00
• Wages per hour
• Cook 21.00
• Dishwasher 8.50

4
Start-Up Costs

• Kitchen Equipment 27,000.00
• Initial Inventory 13,500.00
• Dining Room Furniture 46,000.00
• Licenses 1,529.00
• Rent Deposit 5,000.00
• Annual Insurance 8,500.00

5
Revenues for the First Year
6
Expenses for the First Year
7
Revenues vs. Expenses
8
Recommendation 1

• Longer business hours will maximize profit by
  keeping the restaurant open during more peak
  business hours.
• Current Hours
• Monday through Thursday 5PM-10PM
• Friday through Saturday 5PM-11PM
• Proposed Hours
• Monday through Sunday 12PM-10PM

9
Recommendation 2

• Expanding the menu will increase profitability by
  bringing a wider variety of customer bases to the
  restaurant.
• Current Menu Proposed Menu
• Chicken Chicken
• Steak Steak
• Fish Fish Duck
• Lobster

10
Results of RecommendationsRevenues vs. Expenses
Revisited
11
Take outs from this Presentation

• Well though out assumptions and start up cost
  scenarios.
• Realistic net income projection which depicts
  positive profits in less than one year.
• Potential for economic growth through any number
  of possible innovative recommendations.