Seeking Investor or Business Partner, Short on Capitol
CAPITAL RAISED TO DATE:
Money will be put towards inventory and equipment needed to complete remodeling and become ready for full operation.
Any interested party feel free to contact me .
All information provided on our Contact Us page.
SERIOUS INQUIRIES ONLY!!!
I am an experienced small business owner that will open a sports bar and grill. The name will be Regal Restaurant and Sports Bar, which comes from the old Regal Restaurant that was located in the same area. The establishment is the main reason the building has a grandfather clause til this day, granting a "your own rules" perspective basically. The business will combine a relaxing atmosphere, friendly service and great food. The sports bar will offer a diversified menu at affordable prices. The chef will be experienced and take pride in quality food. The menu and marketing plan are being finalized. The popular concept offers an unbeatable mix of family and community based atmosphere. While for the older crowd we also plan on having live shows consisting of various themes. For example, Jazz Nights,Oldies But Goodies, Karaoke, Belly Dancers, and plenty more. Company
The popularity of the sports bar concept stems from an unbeatable combination of great sporting events, great food not typically found in other sports bars, and of course great reviews. Our sports bar will be able to offer a sports lover's preferred destination. It will be a relaxed fun atmosphere, featuring great guest’s service and a unique sports themed grill menu.
The sports bar format encompasses a pool table, touch screen jukebox, dart boards, multiple HD TVs with all major sports packages, and a full dance stage for various live performances. Including belly dancers, live jazz, karaoke, oldies but goodies and plenty of more entertaining shows.
Most aspects of the business, including the name will suggest a friendly atmosphere for people of all ages. The target demographic lies within the community and local businesses.
Keys to Success
The keys to success in achieving our goals are:
- Product quality. Not only great food but great service.
- Managing finances to enable increased revenue at target intervals.
- Controlling costs at all times without exception.
- Instituting management controls to insure increase productivity of operations over capital
cycles. This applies equally to product control and to financial control.
Our strategy is based on serving our niche markets as well. This includes all family orient and older
sports enthusiast, the Old Town Alexandria business entertainer and traveler, as well as the night crowd.
A combination of local media and event marketing will be utilized at the location. Radio and Internet are most effective, followed by local media print.
The strategy of liv broadcasting and pro sports tie ins will be the most effective in generating free publicity for our concept which is more effective than any advertising that could have been purchased.
Furthermore, it is exceptionally noteworthy to announce that one of our principals has successfully marketed a Japanese food restaurant in the Old Town Alexandria area for several years.
All menu items will be moderately priced. An average customer ticket will be between $10 and $20, including food and drink. Tickets will likely be considerably larger for game day visitors. Our average customer will spend more than the industry average for moderately priced establishments. We tend to believe that this is due to our creating an atmosphere that encourages longer stays and more spending, but still allows adequate table turns due to extended hours of appeal.
Candidates have already been identified for the location. There is not expected to be any shortage of qualified and available staff and management from local labor pools in the Old Town Alexandria area.
The business will include no less than 2 certified security personnel. The current human resources goal is to hire security personnel affiliated with local law enforcement agencies.
The overall financial plan for growth allows for use of the significant cash flow generated by operations.
Equity/debt infusion will allow for more rapid expansion of the business than could be accomplished from cash flow alone. Outside investment capital also allows a buffer of excess cash so that the revenue can be realized above our projected goals. Every opportunity will be seized to accelerate revenue goals.
The financial plan depends on important assumptions. The key underlying assumptions are:
- We assume a slow growth economy, without major recession.
- We assume access to equity capital and financing sufficient to maintain our financial plan.
- We assume the continued popularity of sports
The principals are confident that it can enter the sports bar & grill market, and create a niche. The sports bar will offer a perfect combination of relaxing, drinking, sports, music and live entertainment, along with great affordable food and entertainment. The popular concept of an unbeatable mix of sports, music and delicious food will secure our presence and success in the market.