The Founder expects that the business will aggressively expand during the first three years of operation. Below are the expected financials over the next three years: Doe expects a strong rate of growth at the start of operations. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe has more than 10 years of experience in the food service industry (in numerous culinary and managerial capacities). Doe’s mission is to provide customers with an outstanding line of vegan cuisine while concurrently remaining within the letter of the law regarding the sale of food and alcohol in the State of New York. The Founder will contribute $20,000 to the venture. Financing for the first six months of operation.Development of the Company’s Vegan Restaurant location.The financing will be used for the following: This business plan assumes that the business will receive a 7year loan with a 5% fixed interest rate. The interest rate and loan agreement are to be further discussed during negotiation. Doe is seeking to raise $115,000 from as a bank loan. The third section of the business plan will further describe the services offered by the Vegan Restaurant. The Company will offer its vegan fare on a sit-down and take-away basis. The business will also have a number of American styled food options that use the business’ proprietary vegan recipes.Īdditionally, the business will offer a wide variety of standard and alcoholic beverages, which Management expects will generate a significant portion of the Company’s revenues and profits. A major focus of the Company’s menu will be fusion based cuisines that draw inspiration from international cultures. The Company, through its unique menu, will provide its customers with outstanding vegan fare during lunch and dinner hours.Īs stated above, the Vegan Restaurant intends on serving a number of classic vegan dishes that contain no meat, dairy, or animal products. Nearly 9.8 million Americans consider themselves to be strict vegans. More people have become concerned about their health and well as the impact that their food choices have on the environment. It should be immediately noted that the demand for vegan cuisine has increased substantially over the past ten years. Revenue generating operations are expected to commence in the third quarter of this year. (“the Company”) is a New York based corporation that will develop a restaurant that will serve a broad range of cuisine that does not contain any animal products. The purpose of this business plan is to raise $115,000 for the development of a vegan restaurant while showcasing the expected financials and operations over the next three years.
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