Oasis Presentation
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The Student Run Business Model Team 9 Tom Fetsick Gordy Jones Conor Larkin Andrew Urban
description
Ohio University Competition, challenging students to create a business plan for a vacant university owned property. Awarded second place for developing the concept of a student run business, where students would be tasked with effectively managing a smoothie shop. Providing students a unique hands on entrepreneurial experience.
Transcript of Oasis Presentation
The Student Run Business ModelTeam 9Tom FetsickGordy JonesConor LarkinAndrew Urban
The Oasis
Built in1894
Historical value
Located at the heart of campus
OUr Oasis• Mission Statement: “OUr Oasis is built on the principle of creating a thriving
student-run business, which will offer a unique entrepreneurial experience benefiting both the university and student body.”
• Long term Goals
• Georgetown, Cornell, and Dayton
Product Feasibility
Competition
• Limited/to non-existent
• Cold Stone
Ohio University Community
• Unsatisfied with healthy eating options
• 90% interested
Trends
• Sales increased 207% since 2002
• 9.8 billion dollar market
Initial Investment
Average start up cost: $20,000-$50,000
Including blenders, freezer improvements, and other restaurant amenities
More information concerning renovation cost estimates can be seen in Appendix H
Development of the Student Run Organization
Georgetown, The Corp.
Dayton, Flyer Enterprises
Ability to evolve
National recognition
Strong faculty involvement
OUr Model
Implementation
Income Statement Analysis
Revenue Cost of Goods Sold Net Income Before Distributions
Worst Case $325,000 $130,000 $71,920
Caustiously Optimistic
$450,000 $180,000 $103,734
Tax Exempt Status
The organization will operate as a 501(c)-3
Distributions are required
Benefits of being tax exempt
