Business Plan for Sushi Restaurant

Business devise for Oyi-Shi Sushi eatery By Hongying Cai C eachplace letter Dear Investor Youre looking at a business concern aim for i of the finest and go around Sushi eating house what go out pull back stack place in down townsfolk Manhattan. The eating place is specific solelyy located at the principle Zero, where back in the aged(prenominal) days, the finest place. Right now the goernment is vex the World Trade pith, which means pie-eyed people argon coming back to down town Manhattan. This is a enceinte opportunity to go away a restaurant near the argona, since the tribe depart solidly ontogenesis due to the rising of a 105 stories skyscraper.Oyi-Shi sushi restaurant is design for consumer to father a relaxed and pleasant environment for brunch, lunch, keen hour, and dinner. We serve mixed bag style of Japanese sushi, Such as Aburi Sushi, Gunkan-Maki, Maki Sushi and Nigiri Sushi, Plus opposite selections of beverages. Oyi-shi restaurant impart be suitable to occupy over 40 guess, and a Bar, which ordain accommodate 15 people. decision maker Summary Sushi restaurant industry had adult enormously in United severalize during last decade. As of now days, at that place be approximately 30,000 throughout 50 states, There are over two hundred sushi restaurant located in saucy York.The purpose of this business plan is to honor investor or a partner to start shoot the business. Oyi-Shi Sushi Bar and Grill is a high-end sushi restaurant and bar located at Ground Zero, Seeking to provide customer with a pleasant environment for dinning or happy hours. Plus we would like to pay customer with our descent sushi catering and variety selection of sushi styles. association Back Ground Oyi-Shi sushi restaurant Inc. is a New York run aground corporation, Will be register nether the State of New York. Restaurant is initi each(prenominal)y found by HongYing Cai, and seeking to overhear a partner. Mr. Cai pass on obtain 55% of t he business.There are overwhelming competitions in restaurant business. In New York City, thither are over thousands of restaurant serving assorted food or caterings. An opposite rampart for sushi restaurant is raising price in seafood. According to IBIS World, sushi restaurant industry is lining a decline in gross of 3. 4% each year. However thither are still opportunities for sushi restaurant business. The object for rebuilding World Trade affection provide afford a significant increase of population in down town Manhattan. With increase in population thither is a need for food. steering Team Overall restaurant will be managed by HongYing Cai.I have over 7 years of working see to it in restaurant industry. Plus absolute majority of my relatives are restaurant owner, they can give away me advises on managing the restaurant. For chief, I will buy out 2 Japanese sushi chief, who had at least 5 years of experience on making sushi catering, plus 2 sushi helpers, with at lea st two year in experience. Well hire 7 hosts or waitress. 3 of them will doing daily shift, 4 of them will have the night shift, each of the waiter or waitress need to be very polite to the customer and unruffled in English, bonus if speaking other(a) language, Japanese or Chinese is preferred.Financial computer program There are no loans make in the starting of the business, all crackings had came from fo belows and the partner. worldwide assumptions of Federal levy calculate are around 33%, and sales tax revenue rate is around 5%. These tax rates are fixed for all 5 years projection. We similarly assume that the average sales of the restaurant increase about 15% each year. We also Assumes that the operating cost is around 45% of the good sold. course 1 grade 2 Year 3 Year 4 Year 5 sales $1,440,000 $1,656,000 $1,904,400 $2,190,060 $2,518,569 Operating Cost $648,000 $745,200 $856,980 $985,527 $1133356 EBITA $792,000 $910,800 $1,047,420 $1,204,533 $1,385,213 Tax, In terest rate and $300,960 $346,104 $398,020 $457,723 $526,381 depreciations Net Profits $491,040 $564,696 $649,400 $746,810 $858,832 cracking call for Oyi-Shi sushi restaurant will start off with $400,000 capitals.Following table will show how this capital will be used discover Start off Cost initial Lease Payment and Deposits $50,000 Working Capital $150,000 FF&E $50,000 Leasehold Improvement $15,000 Security define $10,000 Opening supplies $15,000 gild vehicle and necessitate deposit $40,000 trade budget $50,000 various and Unforeseen Cost $20,000 Total $400,000 Marketing Plan The Objective of this merchandise plan is to maximize the visibility of the business in the surrounding area. By doing so, I will use a number of market placeing strategies that will allow the Sushi Restaurant to soft target men and women inside targeted market. These strategies allow in traditional print advertisements and discounts offered as a part of a grand open campaign . Below is a description of how the business intends to market its services to the general public.The guild also intends on hiring a topical anaesthetic public relations firm that will promote reviews and articles about the restaurant, its cuisine, and relevant hours of operation and pricing. I will invite topical anesthetic food critics to the Companys Sushi Restaurant location in order to hold positive publicity about the restaurant. The Company will maintain a good for you(p) amount of print and traditional publicize methods within local the local market to promote the sushi and Japanese cuisine products that the Company is selling. At the onset of operations, the Company will distribute an expansive number of coupons for bring down priced fare within local circulars arrangement Analysis I had picked area around Ground Zero, as the location of the Oyi-Shi Sushi restaurant.Primary reasons are rebuilds of World Trade Center. According to the style Authority of NY and NJ, this newly raising skyscraper is quintet major skyscrapers at downtown Atlanta, providing var. A Office space. Plus in that location will be worlds most significant memorials and museums, which means there are good amount of tourist. Reports from interface Authority of NY and NJ also indicated there will be 250,000 people and over 200,000 commuters using the World Trade Centers transportation hub. Manufacturing plan In order to provide customer with the best food, I decided to import the seafood and other goods needed to serve the customer every 3 days. I will have 3 big refrigerators to store these goods.Each of the refrigerators will be store with different goods, for example, all seafood will be store within one particular refrigerator with temperatures under the control to make sure the determine of the seafood is in good standing. Appendix Sushi Restaurants in the US Industry Market query Report Now Available from IBISWorld. PR Web. April 12, 2012. celestial latitude 10, 2012. http//www. prweb. com/releases/2012/4/prweb9393316. htm Sushi. Wikipedia. celestial latitude 15, 2012. December 15, 2012 http//en. wikipedia. org/wiki/Sushi World Trade Center A Roadmap Forward The Port Authority of NY and NJ. October 2, 2008. December 15, 2012. http//www. panynj. gov/wtcprogress/pdf/wtc_report_oct_08. pd