Then, writers will revise the paper as many times as it is required for Business Plan When Buying A Pizzeria customers to be fully pleased with their orders. However, it’s worthy to mention that this option is not popular with our clients as the quality Business Plan When Buying A Pizzeria our experts provide Business Plan When Buying A Pizzeria is always satisfactory and matches clients’ expectations!/10() Olympic Pizzeria requires $85, in capital to begin operations as described in this pizza business plan. The three owners have personally invested $60, into the company. The remaining $25, will come from a bank loan that has already been blogger.comted Reading Time: 8 mins Oct 05, · By understanding how the owner reached the asking price, you will get a better sense of bargaining power. An asking price without a credible valuation behind it is likely to be negotiable. For help receiving the most accurate valuation when buying a pizzeria, consider contacting a business broker
Pizzeria Business Plan for a Pizza Shop or Restaurant
This pizza business plan includes market analysis, strategy, more. Download this Pizza Business Plan free for easy editing in Microsoft Word: Download Now.
Also Read: Starting a Small Business — A Complete Guide with Templates and Tools. The pizza restaurant industry in Seaside is minimal, with only one other pizza place. Olympic Pizzeria is conveniently located for both tourists and locals, and a complete restaurant with low lease terms has already been secured. Business plan when buying a pizzeria owners all bring business management background, as well as hospitality industry experience.
This pizzeria business plan outlines the market and strategy to create a profitable pizza restaurant business. Olympic Pizzeria offers fast and free delivered pizza. The pizza, made with unique, East Coast based recipes and a secret sauce, include a vast array of topping selections, as well as healthy alternatives.
The company also will offer mobile beach vending carts to allow tourists on the beach a quick and easy dining option without leaving the beach. Seaside has approximately 6, business plan when buying a pizzeria, full time residents, which more than doubles during the tourist season.
Olympic Pizzeria targets both the local segment and the tourist segment. In addition, the healthy menu items provide an alternative dining option for many tourists. Olympic Pizzeria will implement an effective marketing and advertising campaign, consisting of direct mailings, community and event sponsorships, and coupons.
Additionally, the company has formed partnerships with area resorts and hotels to inform guests about Olympic Pizzeria and its dining options, business plan when buying a pizzeria. Sales are expected to double during the tourist season, at which time a complete staff consisting of cooks, drivers, and wait staff will be hired.
Olympic Pizzeria has a strong management team consisting of its three owners. Each owner brings education in business management. Additionally, each owner has experience working in either the resort industry or the food industry. The management team has successfully started one other restaurant in nearby Portland. Funds will be used for building renovations, marketing and advertising, and daily operations for the first five months until the company becomes cash flow positive.
Although this is not a new concept, Seaside does not have a pizzeria that offers fast, free delivery along with a family dining atmosphere. Seaside is not only ready for a true pizza operation — it needs one, especially an operation that will focus on quality, business plan when buying a pizzeria, price, and convenience. The company is owned equally by its three managing partners. Each of the founding partners brings different experience to the company.
Having experience in the hospitality industry, management, and pizza making, the three partners have teamed up to create Olympic Pizzeria to fill the current need in the market. Olympic Pizzeria is located in a prime location in Seaside, Oregon, at the corner of Broadway and Highway Not only does this appeal to all of the tourists, being centrally located on the main street in town, but also attracts travelers on the highway driving through.
At this location, an existing vacant restaurant has been secured. The building is fully built out to accommodate the needs of the pizzeria, including complete kitchen, dining, and office areas.
and will include garbage pickup and water. Utilities will be based on use. The most significant assets will be the kitchen equipment, including the oven, mixer and prep tables. As the reputation for our pizza grows, our most important assets will become our recipes and the Olympic Pizzeria brand. Olympic Pizzeria provides premium pizza with fast, free delivery to the Seaside area. Olympic Pizzeria specializes in making superior pizzas, with proven recipes that have successfully launched pizzerias in other parts of the country.
The restaurant combines hand-tossed dough, along with a secret sauce, that entices customers to return. Menu items are priced marginally higher than pizzerias in other towns, as the primary customers are tourists, whom expect to spend more while on vacation.
This allows for free delivery, as well as additional menu options, such as whole-wheat dough. Olympic Pizzeria offers a wide menu selection to appeal to many different customer preferences. As more people are beginning to eat healthy, whole wheat options are available for pizza crusts and breadsticks. Additionally, Olympic Pizzeria is the only restaurant that provides vegan options to customers.
Multiple flavored crust options cheese, garlic, etc. along with an array of pizza toppings, also sets Olympic Pizzeria apart from the current competition. Finally, expanded operating hours and fast, free delivery, allow customers multiple dining options. Currently there is only one direct competitor, Southside Pizza, which is the only pizzeria that delivers in the Greater Seaside area.
Additionally, they only deliver between the limited hours of business plan when buying a pizzeria. They also do not offer dough variations. As there is limited competition, Olympic Pizzeria will have a first mover advantage in offering quality pizzas for fast, business plan when buying a pizzeria, free delivery.
Once established, it will be difficult for another pizzeria to enter the market, as Seaside is not large enough to support three pizza restaurants year-round. Additionally, Olympic Pizzeria has lower fixed costs through negotiations on a long term building lease.
The pizzeria also offers a wider variety of menu items, including whole wheat crust options, which the competition does not offer. Olympic Pizzeria plans to open another location near the waterfront, which will serve as a convenient place to eat while tourists are business plan when buying a pizzeria the beach. This location will act as a hub for several mobile carts strategically located along the beach, which will offer pizza by the slice and drinks to customers.
For example, business plan when buying a pizzeria, a healthier alternative, such as wraps, will be added to the menu. Additional locations in other towns along the coastline may also be considered.
Seaside, like several other small towns along the Oregon coast line, has a tourist based economy. There are two distinct market segments that Olympic Pizzeria will target: the tourists and the locals. The tourists mainly consist of vacationers with disposable income that are willing to spend more for a quality pizza. The locals consist of either upper-middle class retirees or lower-middle class middle-aged workers, business plan when buying a pizzeria which enjoy quality pizza times per month.
However, the population doubles during the prime summer and fall vacation months. The target market is experiencing growth annually in both full-time population and tourist visits. Additionally, a new market segment has begun to appear with people beginning to look for healthier dining alternatives.
Strengths: fast, free delivery; unique recipes and secret sauce; first mover advantage; healthy menu options; low overhead and fixed expenses; prime location; management team. Weaknesses: higher variable costs for ingredients due to better quality; competing pizzeria already operating; three person management team. Opportunities: tourists allow higher margins; mobile beach carts for additional delivery method; capture local delivery market with faster and cheaper delivery.
Olympic Pizzeria will be the premier pizza restaurant in the Seaside area, offering unique, healthy menu options and fast, free delivery. Development of the facility will be minimal, with minor modifications and the addition of pizza ovens being the only major renovation. Proven recipes have already been secured. Delivery drivers will be outfitted with GPS units to aid in fast, efficient delivery.
Development of the mobile beach vending carts will be finalized once the main restaurant has been operational for at least six months. Although the internet may not play a vital part to the marketing of Olympic Pizzeria, a website will be designed and maintained to promote the company.
Along with advertising specials, customers will be able to look through the complete menu, and place orders for takeout or delivery online, business plan when buying a pizzeria. We will build our website using Wixwhich allows us to create an attractive pizza website with ecommerce capabilities very quickly. It also includes the ability to make updates as we tweak our product offerings and add regular promotions. Using Wix will also allow us to save on website development costs because we will not need to hire a company or consultant to manage our pizza website.
We will also use MailChimp for email marketing to send weekly promotions and coupons to drive repeat business. In the pizza delivery business, business plan when buying a pizzeria, aggressive marketing is the key. Typically, having a pizza delivered to your home is an impulse purchase. This requires a strong advertising campaign including direct mailers and coupons placed in newspapers.
Additionally, Olympic Pizzeria will develop strategic marketing campaigns to target guests of area resorts and hotels. Sponsorship of local sports teams and events will also be used to broaden reach. Given the target market of tourists, Olympic Pizzeria can charge a premium for its menu items. As dining is often an impulse purchase, it is difficult to estimate sales forecasts, however it is expected that during the tourist season, business plan when buying a pizzeria, sales will increase significantly.
During the tourist season we expect at least 50 orders per day. Olympic Pizzeria has formed alliances with area resorts and hotels to allow marketing and advertising of our menu to guests and tourists. Additionally, the restaurant has been given permission to place mobile vending carts on the beach, in exchange for sponsorships of local community events. Partnerships with fresh ingredient suppliers are also business plan when buying a pizzeria negotiated.
Operations will be managed by the three managing partners. This will include all marketing activities, financial and accounting activities, and operational activities. The restaurant will employ a small staff of waiters, cooks, and delivery drivers. Business plan when buying a pizzeria will be trained by the management team to ensure quality and consistency of food preparation. This pizzeria business plan anticipates that within 10 years, there will be 10 Olympic Pizzeria locations in operation.
The company will follow a typical hierarchical structure with the management team discussed below as the co-owners. Additional staff will be needed for pizza preparation, delivery, and wait staff. Once the company has expanded operations, a general manager will be hired to take the duties of the owners. Sean Smith is currently the Resident Manager at Oceanside Resort.
He has extensive experience resorts operations and management, as well as computer database administration. He also is experienced with resort marketing.
6 Things to Consider When Opening a Pizzeria
, time: 3:35
Oct 05, · By understanding how the owner reached the asking price, you will get a better sense of bargaining power. An asking price without a credible valuation behind it is likely to be negotiable. For help receiving the most accurate valuation when buying a pizzeria, consider contacting a business broker Then, writers will revise the paper as many times as it is required for Business Plan When Buying A Pizzeria customers to be fully pleased with their orders. However, it’s worthy to mention that this option is not popular with our clients as the quality Business Plan When Buying A Pizzeria our experts provide Business Plan When Buying A Pizzeria is always satisfactory and matches clients’ expectations!/10() Olympic Pizzeria requires $85, in capital to begin operations as described in this pizza business plan. The three owners have personally invested $60, into the company. The remaining $25, will come from a bank loan that has already been blogger.comted Reading Time: 8 mins
No comments:
Post a Comment