Business Plan for Pier Restaurant Executive summary The Pier Restaurant is intended cafe It is restaurant The renovated roughly to a full be located overlooking the a facility will service three day a meal ocean at the Flagler Beach Pier approximately 200 patrons This would allow for 150 seats inside and the balance on outside deck areas The restaurant will feature full menu seat compliment items The menu will be influenced England Southern world The 1 be to regional revenues will of moderately dinner lunch priced breakfast Italian New by Caribbean Creole Coastal and other time honored come specialty from around the from 4 elements ofthe restaurant Breakfast will feature traditional items recipes operation dishes and other morning creative using fresh quality products ingredients 2 Lunch will feature 3 Dinner will feature 4 Bar a variety of soups salads and sandwiches casual family style dining and will offer fresh seafood pastas steaks paellas dinner salads and other regional favorites operation will offer a full bar drink menu featuring specialty drinks dining and drinks can be deck so as to enjoy the craft beers and assorted wines It is intended that enjoyed inside or al fresco on the new atmosphere It is envisioned that enhance the operation and experience done on some limited basis a most entertainment element could music at likely the restaurant located on This would be the outside deck The vision is that the entertainment would be and 3 person combos background music to mostly single individuals or 2 performing easy listening numbers that would afford people eating talking and enjoying a good time at the restaurant The mission and atmosphere objective enhanced to the Destination and ofthe operation is to bring together a casual by the seaside location that will draw residents and visitors Location taking advantage iconic adjoining Flagler complete quality experience service and product quality grasp on food beverage ofthe quaint beachside location Beach Pier The establishment will for patrons The keys to success atmosphere Management and labor elements so as provide a will be focused in will need to have to deliver the a experience firm to its customers in a fashion that will mouth recommendations Company to inspire repeat business and of encourage word others summary The restaurant derives its name essence from its location historic Beach The theme and decor ofthe adjoining the will reflect facility fishing pier surrounding location The company ownership a privately held limited liability corporation owned by Raymond Barshay and Flagler the character and elements ofits Edward F Menard This will be considered complete renovation ofthe existing pier a is combination start up restaurant and restaurant Projected Renovation Start Up Costs Plans and Permits Legal Equipment Furniture Fixtures Menu Print Design Loan costs Licenses Deposits payroll Hiring Soft opening expenses Grand opening expenses open Marketing Advertising up inventory Start Small wares Interior renovation Exterior renovation Signage Purchase of existing business The as projection 30 000 000 25 000 40 000 30 000 10 000 10 000 7 000 5 000 9 000 7 000 10 500 7 000 20 000 8 000 75 000 65 000 20 TBD of timing for start up and completion ofthe renovation is follows New lease and assumption of existing lease byJan 31 st 2011 Plans and permits by Feb 28th 2011 Renovation by April 15th 2011 Closing Training and Reopening byMay15th 2011 ofthe timelines may progress so as to be ahead ofthe projections if other parts are able to be accomplished quicker It is also possible that due Any to the nature essence to all ofthis project parties it may be delayed at some stage Time is of the Market analysis The casual S Due U to dining restaurant predominately and portions of St Flagler through or residents closely an 11 billion dollar industry in the its location in southeastern serve local market is residential areas Flagler county the business will including northern Volusia all of Flagler Johns county It will derive certain daytime revenue from the community as well as visitors and tourists passing Beach business drawn too from the the area The other surrounding area and their with other businesses within diverse clientele to the area portion ofbusiness will be from local guests The venture Flagler Beach in Specific advertising will an hopes to effort to draw be done through work a more local publications direct mail business group alliances and radio as a means of 65 year creating awareness The target market for the restaurant is typically 18 old singles couples and families who desire sophisticated yet fun casual dining experience We feel that positioning ourselves in the casual quality food service with an emphasis on a friendly atmosphere and caring knowledgeable staff will position is well to compete in the something descriptive Flagler a Beach business community Management Summary Raymond Barshay will be the operating partner managing member ofthe liability company Mr Barshay has been involved in the food and limited beverage business for 22 years He is currently involved in the RiverGrille Restaurant in Ormond Beach Florida and Crabby Joe s Deck Grill in Daytona Beach Shores Florida Mr Barshay was instrumental in start up and day to for both ventures and has been for operations responsible design menu development purchasing marketing and advertising staff development and other business functions commensurate with operating successful restaurants Previous to being involved in the restaurant business Mr Barshay was involved in the residential real estate development construction and sales business for over 25 years Ford Menard is a partner in RiverGrille LLC with Mr Barshay and The Broken Barrel located in Melbourne Florida The Broken Barrel is a sports s involvement in the barstarted in 2008 Previous to Mr Menard restaurant pub restaurant business he was involved in owning and operating a sporting good and gun business for many years and was involved in all aspects of customer service purchasing and operating a privately owned business Both Mr Barshay and Mr Menard are longtime residents ofthe area Other manager a kitchen manager and an assistant manager There will be approximately 40 full and part time staff employed Our is that several ofthese be held hope positions may by current employees ofthe personnel will be a general existing pier restaurant who are willing to train and transition into the new operation Other personnel will hopefully and ideally be found in the local and surrounding communities It is not our intention to bring employees from other restaurants owned by either Mr Barshay or Mr Menard Extensive training will be done so as to establish a reliable consistent and well trained staff The management ownership team considers service to be a high priority in any successful food service venture knowledgeable Strategic Positioning Summary The fishing pier and location in the City the restaurant make up a highly visible landmark A newly renovated restaurant building will certainly add to look and feel to the property This is only one element of making the transition for the project There are other ideas that should be developed to bringing a new revitalize this major section ofthe downtown area and are important to bring a cohesive image to the property where locals visitors and tourists can be drawn to the pier the restaurant and ultimately the other businesses ofthe downtown Flagler Beach area This can be done in several ways The partners in the venture feel it is important to work closely with the City to develop the entirety ofthe pier the restaurant and the beach area at the pier This should be done in a way that brings out the experience of a visit to the pier restaurant That is after beach all a main reason for someone choosing to come to the area It should be pleasant easy to access fun and seamless for anyone to come and enjoy there time in Flagler Beach It should be an experience that makes it easy for them to become regular visitors and return with friends family and neighbors To effect that we feel it is important to develop the other parts ofthe equation Some of those that should be addressed 1 are Streetscape areas ofthe property along AIA This sidewalk accomplished with plantings signage and other items of a can be festive nature decorative 2 Changes to the fishing business Renovate the bait tackle and admissions facility Promote fishing business through events benefits camps and tournaments in concert with local groups and the City clubs schools other businesses 3 Develop other features for the comes to the area pedestrian crowd and the beach crowd that This could be walk up service areas for drinks ice etc A retail shopping experience should also be outlet cream beach items available for people who have come to the beach the pier or the restaurant 4 Combine some historical information and city directory that gives people a they are and the things available to them in the way of shopping dining options and activities for them to enjoy While people may be drawn to the pier they should easily access and be directed to other things in the area sense ofwhere other In bringing more to life at the Pier it should enhance the enjoyment ofthe time spent while in the area Whether someone comes and spends money or not in town the day they are visiting each visitor is a future customer ofall the businesses in town They should have a sensory experience top ofthe mind awareness Flagler for the next time they want to eat shop or play in the area It is important that the experience is visually pleasing comfortable friendly and that will leave basically taste Proforma SEE ATTACHMENT good to Beach them as a i c1r V1 Q U o O O V M r O t CF 01 CC I 0 N L O 0 O N V 00 N co CC N 1 cM L r r V O M O T Q co W M Q W O Op co O M T 0 V O 1 0 CO 1 O M lt LO gr CO M i 0 O M 0000 1 r p 0 00 O N L 0 I V cn c I co O N 00 C6I M L O tl p 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