Positioning statement
The Noodle Doodle Restaurant is an asian restaurant in which we will serve asian foods. What makes the Noodle Doodle Restaurant more unique than other asian restaurants is that we will provide food from different eastern asian countries in which we will perfect the dishes that will make anyone feel like they are part of that country. Since many people in Lakewood are craving for some asian foods, the restaurant will be constructed around Lakewood in which it will help people access to the asian cuisine restaurant much more closer than any other asian restaurants.
Pricing strategy
During the Spring/Winter statistically generate less people to sell to. Although during the Summer 5% more people come in more consistently.
Sales strategy
As a company, the main targets for our company are people who haven’t had variety to their everyday meal. To promote this however, by initially advertise with various methods that will please to 20% of the consumers.
The table above shows the estimated sales that Noodle Doodle will make in the first year, which is about ​$58,000 not including taxes and repairs.
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Revenue streams
Average seatings - 80
Seat use average per transaction - 2.7
Per person min;day: $1728
​ Seating costs: $8-$15
Per person max;day: $3240
Sales Forecast
During the Spring/Winter statistically generate less people to sell to. Although during the Summer 5% more people come in more consistently.
Mile Stone
The milestones listed are the key steps to launching Noodle Doodle.
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The interior and electrical, plumbing, flooring, and painting will issued be one of the many major positions of our company.
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While renovation are being set and in progress, activities of marketing will be handled by an executive board or higher.
Assumptions
The table shown presents the assumed profit gained periodically as the company grows old.
Projected Profit and loss
In a year, Noodle Doodle should make around $58,000, profit loss would most likely be due to constant ingredients being purchased, California resident taxes ($16,930), and general expenses on the restaurant itself and repairs if needed.
Projected cash flow
Although, the sales are estimated to it's rightful optimization, the other components as un liabilities, stocks, investments and taxes still do vary. Which results to unorganized and unreliable data. For now, this portion will remain uncertain.
PROJECTED BALANCE SHEET
Business ratios
Liquidity(cash) Assets ÷ liabilities(debt/tax) ($102,600 ÷ $16,930) $6.06 per minute
Gearing(Debt) Liabilities X total equity ÷ Average Balance($16,930 x 6.06÷1.5) $68,397.2 loss
Gross ratio: 2:5
Profitability(Profit)daily costumer average seating x Cost average: $456.8 per hour
Net profit ratio: 4:10
Returned equity ratio: W.I.P
Efficiency(expenses) Total expenses ÷ Sales ($34,202.8÷1728 sales) $19.79 in 30 minutes
Break Even analysis
