FinalFormalBusinessPowerpoint A2
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Transcript of FinalFormalBusinessPowerpoint A2
HINDENBURGER LOAN PROPOSAL
Rosa Morales-Human
Resources/Owner
Ryan Marsceau-Hospitality
Manager/Owner
Alicia Mohart-Finance/Owner
Cody Kennedy-Advertising/
Operations/Owner
Seth Heffner-Service
Manger/Owner
Management
• The Hindenburger Company Overview• Services:
• Food and beverages, catering, hosting, in-house dining, housing rental
• History• Started in a food delivery truck for 2 years• Moved into a space in the mall in 2010 after meeting
with the current business partners• Expanded to catering after 2 years in the mall. We
have been the mall for 5 years.• 5 year lease expires in May 2016
• Ownership• We share an equal partnership with each owner in a
unique position based upon their expertise.• Leadership
• All partners share equally in the decision making
• Strategy & vision:• We have decided to expand after being in
business in the mall for 5 years. • It is a better future investment to purchase a
building rather than leasing• We will need to secure a business expansion
loan• Start a marketing campaign• Purchase a location• Remodel the location • Hire and train new staff• Offer incentives for current customers.
(Promotion will be needed to advertise the new location)
Business Plan
Implementation PlanLoan acquisition: 1/15/16 Mall location closes: 4/1/16 Opening Day: 5/6/16
• Funding request• $200,000• 10 year• Building worth $180,000 & equipment worth $100,000• Small business expansion loan
• First payment to start 90 days after originating loan• 10 year fixed interest rate
• $100,000 Cash reserve ( Contribution $20,000 each owner)
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90000Profit & Expense Projections 2016
New location targeted market: Restaurant: 18-40 year olds that like dining with friends and family in
restaurants that serve burgers, steaks, and more.
Bar: 21-30 year olds in Wausau that like to drink with friends in a bar with a modern atmosphere.
Catering services: We will be keeping the same market as described above, with the additional option of hosting events in the restaurant.
Target Markets Old location targeted market
Food Court: 15-40 year olds that are in the Wausau Center mall that are looking for a quality entree with a “classic American” feel.
Catering services:
Businesses and factories in the Wausau area that require professional, experienced catering services with a wide range of food for events, picnics, and banquets.
With the new location we have the opportunity to expand into the following markets:
Restaurant and Bar Coupons -Buy one get one 50% off beverages -25% off appetizers Promotions -Birthday: Your age is the percentage off of the bill on your birthday. 1 free shot (21+) -Kolbe & Kolbe and 3M: Employees of Kolbe & Kolbe and 3M receive a 15% discount on beverages purchased at the bar. -Rewards cards: Receive 1 punch on the card for every beverage or
entree purchased. On the 7th punch you receive a free beverage at the bar (up to $7.99 value) or up to $9.99 off of their
bill in the restaurant if their bill is at least $16.99.
Catering Services Promotions -Superbowl parties: If the favored team wins there is a 20% discount on services. -New clients: 10% discount on 1st time clients -Repeat clients: 20% discount on 2nd time clients
Promotions and Coupons
Marketing CampaignBefore and during transition-Utilization of word of mouth-Constant social media updates (Facebook and Twitter)-New location's sign is built and date of opening is visible-Distribution of flyers/coupons
One month (3 weeks) before opening-Periodic radio ads 10x per week, peak hours. 94.7 WOZZ-Periodic Wausau Daily Herald newspaper and Buyer's Guide ads 1 per week in each paper (Sundays) -Constant social media updates-Distribute coupons
MARKETING PLAN STAGE 3• Day before opening• -Hand out flyers/coupons at mall• -Social media updates• -Newspaper interview with Wausau Daily Herald• -WAOW News and City Pages local business feature
story are aired/printed•
Opening Day• -Radio ads (3)• -Social media updates
Marketing Campaign Projected Expenses
Social Media- Facebook and Twitter-Constant usage throughout campaign-No charge Radio ads =$5500-33 15 second ads, package deal =$5000-Cost of recording and production of ads =$500
Newspaper ads =$2400-6 4x6in ads (doubles as a cutout coupon)
Coupon/flyer printing =$25-Price for 100 sheets with 4 flyers on each
Total cost: $7925
Our Future Building1024 S. 1st Ave.
Before Renovations
After Renovations Vision
Hindenburger1024 S. 1st Ave.
(715) 867-5309The Hindenburger