Posted: November 9th, 2021

Business plan for a Korean and Japanese restaurant

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The aim of this enterprise plan is to justify the startup of a high-end Korean and Japanese restaurant within the Carrolton, TX space. Sushi Nara could have one proprietor and the authorized construction will encompass a sole proprietor. Sushi Nara might be positioned in 2625 Previous Denton Rd. #200 Carrolton, TX 75007.

Sushi Nara will present a excessive class Korean and Japanese delicacies. Primarily based on project ( help with nursing paper writing from experts with MSN & DNP degrees)ed revenue and monetary Assessment included on this enterprise plan, Sushi Nara might be profitable. There may be a excessive demand for wholesome meals, particularly Asian delicacies like Korean and Japanese delicacies within the Dallas space because of the lack of comparable enterprise out there. We sit up for the long run at Sushi Nara. We anticipate in 5 years that demand for our specialised service will develop in different areas to justify opening a number of restaurant owned franchises in different areas.

Sushi Nara’s specialised service, distinctive emblem, slogan “High quality & Prime Service”, repute for customer support will present a powerful to beat aggressive edge. The house owners have earned Bachelor levels of enterprise, and have in depth expertise in enterprise administration and operations from previous years of labor expertise.

Administration and Group Plan

Sushi Nara, Korean and Japanese fusion restaurant, has a mission that to offer excellent Korean and Japanese delicacies to Korean neighborhood in Dallas, Texas. Sushi Nara’s specialised service, distinctive emblem, and slogan “Prime High quality and Prime service”, repute for customer support will present a powerful to beat aggressive edge. Sushi Nara is dedicated to turning into Dallas’s premier Korean and Japanese restaurant. Dedication to constructing relationships relies on our honesty, service, and accountability. Sushi Nara can also be dedicated to distinctive buyer satisfaction.

Location

Sushi Nara is positioned in a Korean city in Carrolton, TX. The tackle is 2625 Previous Denton Rd. #200 Carrolton, TX 75007. The three,400 sq. foot constructing was constructed particularly for the industrial property. The complete constructing is serviced by a Korean retailer and complete vendor. Sushi Nara maintains 11am to 9pm, on Tuesday to Sunday.

Firm mission

At its core, Sushi Nara supplies for the Korean conventional cuisines, Japanese cuisines, conventional Korean Soju, and Japanese Sake. Restaurant supplies to buyer with an excellent high quality sushi, sashimi, and Korean delicacies in a single place. To supply prime quality meals, we don’t use chemical elements and frozen merchandise.

Firm Imaginative and prescient

Maintaining a healthy diet! Korean and Japanese delicacies at one place! At present there are numerous issues relating to to our well being and many specialists advising us how we should always eat. We should pay shut consideration to our diets, however consuming nicely shouldn’t solely profit your physique, however your thoughts as nicely. We, Sushi Nara, imagine that of all of the ways in which folks can eat, Korean and Japanese Delicacies are the healthiest and most secure weight-reduction plan. We’re going to begin Sushi Nara so that individuals would possibly discover ways to eat a nutritious diet. As native Koreans, we take pleasure in understanding conventional Korean delicacies and shortly noticed that there have been many Korean dishes we might introduce to westerners.

Product

The service that Sushi Nara goes to supply is one wherein it makes your eating higher and more healthy. We wish to deal with our friends with respect in order that it makes their eating extra pleasant. Sushi Nara might be offering providers for eating comparable to: Korean delicacies, Japanese delicacies, and conventional alcohols. A typical Korean meal normally consists of 1 most important dish, typically meat or fish, and a big selection of tiny aspect dishes as appetizers or Ban Chan. Kim Chi, a spicy fermented cabbage dish extremely seasoned with garlic and crimson pepper, is served at just about all meals and might be one of the best recognized Korean Ban Chan. A typical Korean meal normally consists of sushi, sashimi and teriyaki.

Two very fashionable meat dishes are Gal-Bi, and Bul-Goki that are marinated in a delectable sauce and grilled over an open flame.

Soups are additionally one other Korean staple at mealtimes. A preferred soup is Man Du Guk, a tasty dumpling stew in a seasoned beef broth.

One other favourite is Bi-Bim-Bab, which normally makes for a hearty meal by itself, with simply a few appetizers. Bi-Bim-Bab begins with rice in a large bowl, and is topped with assorted greens and combined with a spicy bean paste. This dish might be served with shreds of beef or with out.

Sushi is a Japanese dish consisting of cooked vinegary rice which is usually topped with different elements, comparable to fish or different seafood. Sliced uncooked fish by itself is named sashimi, as distinct from sushi

Organizational Construction and Human Assets

Sushi Nara’s authorized construction is sole proprietorship. Sushi Nara has four full time workers and three half time workers. Sushi Nara categorizes workers into 4 kinds of labor, Director, Receptionist/Casher, Kitchen worker, and Buyer Service. These classes are decided by place schooling and expertise necessities.

Director has all duty of restaurant not solely monetary issues, customer support, promoting but in addition recipe and meals high quality, however normally govt director goes to be to greet clients and to test buyer’s invoice on the entrance desk.

Receptionist/Casher has duties about eating appointment, test invoice, and buyer greeting.

Kitchen worker has duties about cooking, meals provide buying, meals high quality and every little thing contained in the kitchen.

Customer support has duties about buyer satisfaction throughout meals serving.

Director/Proprietor 1Organization Construction

Kitchen worker 2

(Chef 1)

(Helpant chef 1)

Receptionist/Casher 1

Customer support three

Human Useful resource Necessities

Director/Proprietor

The one that has information of basic enterprise.

Receptionist/Casher

The one that has an accounting Data

The one that with no contagious ailments

Kitchen Worker

– The one that has a license of Korean and Japanese delicacies

– The one that has chef skilled a minimum of three years

– The one that has and sincere and diligent perspective

– The one that with no contagious ailments

Buyer Service

The one that with no contagious ailments

The one that has a customer support thoughts

The one that has sincere and diligent perspective

Advertising Plan

Trade Outlook

In keeping with Nationwide Restaurant Affiliation’s 2010 Restaurant Trade Forecast, financial downturn easing, the restaurant trade is predicted to point out gradual enchancment in 2010. Sustainability, well being and diet would be the high tendencies on restaurant menus this 12 months. Seventy p.c of customers say they’re extra prone to go to eating places that provide contemporary produced meals, and almost three out of 4 say they’re attempting to eat more healthy in eating places now than they did two years in the past.

Goal Market

A retailer’s success typically will depend on how rigorously its goal market has been recognized. Our most important targets are Korean clients who reside in Dallas and close by states. Dallas is among the most necessary cities to Korean society in US. In keeping with The Korea Embassy in Houston, formally 148,000 Korean folks reside in Texas. There are a lot of Korean wholesale shops in Carrolton, TX and on Harry Hines Blvd in Dallas. Often, Dallas covers enterprise provide to Korean retail retailer, positioned in Oklahoma, Mississippi, Louisiana, and Arkansas.

Buyer Profile

Major clients might be:

A Korean and Japanese household who lives in Dallas and age vary are twenty to seventy.

Korean items retailer who lives in out of Texas comparable to Okay, AR, and LA.

Secondary clients might be:

American buyer who likes Korean and Japanese delicacies.

Aggressive Atmosphere

In keeping with Yellow Pages, there are solely 13 Korean eating places and 88 Japanese eating places In Dallas space. However, there are a few eating places that serve Korean and Japanese dishes on the identical time. So, we concentrate on Korean and Japanese restaurant on the identical time, for as I do that, our restaurant can meet the client’s wants, they wish to eat Korean dishes and Japanese dishes in a single place. This may permit for the creation of a nice deal of buyer consciousness and model loyalty, erecting important limitations to entry for potential opponents. Listed below are our opponents.

Korea Home

Gui Korean Japanese Bistro & Bar

Omi Korean Grill & Bar

Todamgol

Direct Competitor

Restaurant Title

Menu

Distance/Tackle

Worth vary

Korea Home

Home

Korean and Japanese delicacies

Inside eight miles/

2598 Royal Ln. Dallas, TX 75229

Korean dishes $12- $20

Japanese dishes $20- $90

Gui Korean Japanese Bistro & Bar

http://www.guirestaurant.com/

Korean and Japanese delicacies

Inside 15 miles/

2719 McKinney Ave

Dallas, TX 75204

$10 ~ $30

Oblique Competitor

Restaurant Title

Menu

Distance

Worth vary

Omi Korean Grill & Bar http://www.omikoreangrill.com/

Korean delicacies

Inside zero.1 miles/ 2625 Previous Denton Rd

Carrollton, TX 75011

$eight ~ $33

Todamgol

Korean delicacies

Inside zero.1 miles/

2625 Previous Denton Rd., Ste. 310 Carrollton, TX 75007

$eight ~ $20

SWOT Assessment

Worth technique

Sushi Nara might be supplied on the following costs. Our Korean delicacies worth is a little bit superior then our competitor’s worth, however our Japanese delicacies worth is inferior then our competitor’s worth, for we use good elements for buyer’s well being.

Korean Conventional Meal begins ten greenback to twenty greenback.

Sushi begins fifteen greenback to twenty greenback.

Sashimi begins twenty greenback to 1 hundred greenback.

Korean conventional alcohols begin 9 greenback to fifteen greenback.

We provide a refund assure If buyer who doesn’t glad meals high quality. We are going to do re-dish or refund your cash.

We provide ten greenback present card if you go to 10 instances.

Promoting and Promotion Technique

For the primary 12 months, Sushi Nara will use phrase of mouth promoting by assembly with pals and enterprise associates on a common foundation. Promotion of Sushi Nara may also do by attending conferences and networking with the Korean Society of Dallas. Additionally we are going to promote on three several types of Korean every day information papers, seven several types of Korean weekly information papers, and Korean social TV community. We are going to create our personal industrial by way of Korean social broadcasting to draw the tv viewers. We’re additionally attempting to reveal our service inserting flyers in native grocery shops and inserting adverts within the native newspaper to draw the readers. As soon as enterprise will get going we may also be offering low cost coupon and particular presents when the client chooses Sushi Nara.

Adverting on Korean information paper and Korean social TV community

Flyers

Low cost coupon

Particular presents (ex. birthday particular)

Market Penetration Technique

At Sushi Nara our most important goal market is reaching out to center to higher revenue clients, Korean neighborhood, and who concerned about wholesome meals about Korean and Japanese delicacies. Our service is reasonably priced and handy to our buyer. Sushi Nara desires to make it possible for we hold our pricing within the mid to higher vary to draw clients. Preserving our worth cheap will create a increased revenue margin for the service that we’re offering together with attracting extra potential clients.

Because the market is constantly altering, we might be including a new menu to adapt market altering.

We deal with our buyer like a household.

30% of our revenue might be invested to enhance our restaurant’s surroundings.

We are going to use contemporary product

We are going to concentrate on high quality

We are going to use Authentic Korean/Japanese recipe (No modify)

Facility Plan

Facility Description

The restaurant at 2625 Previous Denton Rd. #200 Carrolton, TX 75007 is a 2400 Sq. foot area. It was previously a restaurant and wants on minor structural modifications. The licenses and codes’ points are all so as. New tools and eating room furnishings might be bought and put in by the overall contractor.

< Fundamental Desk Setting>

conveyor-belt sushi * 1 (10 folks )

Desk and 4 chairs * eight (32 folks)

Desk and eight chairs * 2 (16 folks )

Whole 58 seats out there

< Fundamental Gear>

Used Industrial Stainless Metal 30×27 Gear Utility Stand

Kitchen home equipment

Serving dishes

Industrial Cooking Equip 36″ Six Eye Vary V36

OVEN

Used Fridge Cooler

Deep Fryers

Japanese Cookware

Japanese Kitchen Utensils

Rice Cookers

Sushi Show Case

Teppanyaki Griddles

Beneath counter Coolers x 1

Pc and Printer

Used Ice Head Maker w/ Bin and Distant IRC830

Used McCann Coke Product 6 Head Soda Beverage Dispenser w/ Ice Bin

Wine Buckets & Stands x 10

Monetary Plan

Goals

We expect that gross sales of over $400,000 in first 12 months.

We expect that web revenue over $100,000 in three 12 months.

Begin-up Abstract

Sushi Nara has discovered the shop location. Sushi Nara’s month-to-month hire price is round $four,000 monthly. We expect to arrange the store in time to start turning again a revenue by the tip of month sixth and be worthwhile within the one 12 months. The place which we chosen is already surrounded by Korean procuring middle, so there may be a lot of buyer visitors. So we plan to provide you with a complete of $90,000 in capital, plus a $100,000 assured mortgage, to begin up the restaurant.

.

Desk: Begin-up monetary plan

Sushi Nara Begin-up monetary plan

Necessities

 

Begin-up Bills

 

Authorized Type

$three,000

Cleansing and Stationery

$2,000

Different

$1,500

Whole Begin-up Bills

$6,500

Begin-up Belongings Wanted

 

Money Steadiness on Beginning Date

$88,500

Different Present Belongings

$100,000

Whole Present Belongings

$188,500

Lengthy-term Belongings

$zero

Whole Belongings

$188,500

Whole Necessities

$194,500

Funding

 

Funding

 

Investor 1

$90,000

Whole Funding

$90,000

Present Liabilities

 

Accounts Payable

$5,000

Present Liabilities

$5,000

Lengthy-term Liabilities

$100,000

Whole Liabilities

$105,000

Loss at Begin-up

($6,500)

Whole Capital

$83,500

Whole Capital and Liabilities

$188,500

Gross sales Technique

Desk: Gross sales Forecast

Unit Gross sales

2011

2012

2013

Meals

28,zero80

33,000

38,000

Drinks

13,000

16,000

19,500

Different

310

450

700

Whole Unit Gross sales

41,390

49,450

58,200

Unit Costs

2011

2012

2013

Meals

$16.00

$16.00

$16.00

Drinks

$2.00

$2.00

$2.00

Different

$10.00

$10.00

$10.00

Gross sales

2011

2012

2013

Meals

$449,280

$528,000

$608,000

Drinks

$26,000

$32,000

$39,000

Different

$three,100

$four,500

$7,000

Whole Gross sales

$478,380

$564,500

$654,000

Direct Unit Prices

2011

2012

2013

Meals

$three.00

$three.00

$three.00

Drinks

$zero.60

$zero.60

$zero.60

Different

$1.50

$1.50

$1.50

Direct Price of Gross sales

2011

2012

2013

Meals

$84,240

$99,000

$114,000

Drinks

$7,800

$9,600

$11,700

Different

$465

$675

$1,050

Subtotal Direct Price of Gross sales

$92,505

$109,275

$126.750

Human Useful resource Monetary Plan

Our restaurant might be consisting of seven peoples. Because the Human useful resource monetary plan desk exhibits that every wage are contemplating inflation.

Desk: Human Useful resource Monetary Pan

Human Useful resource Monetary Plan

2011

2012

2013

Director

60,000

61,000

62,000

Receptionist

$42,000

$43,000

$44,000

Chef

$54,000

$55,000

$56,000

Chef help

$30,000

$31,000

$32,000

Corridor server

$72,000

$75,000

$78,000

Different

$14,000

$15,000

$16,000

Whole Individuals

7

7

7

Whole Payroll

$272,000

$280,000

$288,000

Break-even Assessment

Sushi Nara’s break-even Assessment relies on the common of the primary monetary 12 months gross sales income for complete product gross sales by meal and drink served, complete price of gross sales, and all working bills. Our complete product gross sales are introduced as per-unit income, per-unit price, and fastened prices. We estimate that this break-even Assessment numbers should not actually the identical as fastened price, however these break-even Assessment assumptions make for a higher estimate of actual threat.

Desk: Break-even Assessment

Break-even Assessment (Month-to-month)

Sushi Nara

Sushi Nara Models Break-even Level

16,000

Sushi Nara Income Break-even Level

$16,000

Sushi Nara Break-even level assumptions (Common)

Unit Income

$10.44

Unit Variable Price

$eight.34

Estimated Month-to-month Mounted Price

$29,459

Projected Revenue and Loss

Because the revenue and loss desk exhibits, we anticipate to change into barely worthwhile within the second 12 months of enterprise, and to make a suitable revenue within the third 12 months.

Desk: Professional Forma Revenue and Loss

Professional Forma Revenue and Loss

 

2011

2012

2013

Gross sales

$478,380

$564,500

$654,000

Direct Price of Gross sales

$92,505

$109,275

$126.750

Manufacturing Payroll

$zero

$zero

$zero

Different

$zero

$zero

$zero

Whole Price of Gross sales

$92,505

$109,275

$126.750

Gross Margin

$385,875

$455,225

$527,000

Gross Margin %

80.66%

80.64%

80.58%

Bills

 

 

 

Payroll

$272,000

$280,000

$288,000

Gross sales and Advertising and Different Bills

$15,000

$23,000

$33,000

Depreciation

$1,000

$1,050

$1,103

Utilities

$2,200

$2,260

$2,323

Payroll Taxes

$41,300

$52,550

$60,500

Different

$zero

$zero

$zero

 

 

 

 

Whole Working Bills

$331,500

$358,860

$384,926

Revenue Earlier than Curiosity and Taxes

54,357

$96,365

$142,074

Curiosity Expense

$10,000

$9,500

$eight,250

Taxes Incurred

$zero

$6,890

$18,363

Web Revenue

$44,357

$79,975

$115,461

Web Revenue/Gross sales

9.27%

14.16%

17.65%

Projected Money Movement

The money movement project ( help with nursing paper writing from experts with MSN & DNP degrees)ion exhibits for three years

Desk: Professional Forma Money Movement

Professional Forma Money Movement

Money Acquired

2011 

2012 

2013 

Money from Operations:

Money Gross sales

$478,380

$564,500

$654,000

Money from Receivables

$zero

$zero

$zero

Subtotal Money from Operations

$478,380

$564,500

$654,000

Extra Money Acquired

 

 

 

Non Working (Different) Earnings

$zero

$zero

$zero

New Present Borrowing

$zero

$zero

$zero

New Different Liabilities (interest-free)

$zero

$zero

$zero

New Lengthy-term Liabilities

$zero

$zero

$zero

Gross sales of Different Present Belongings

$zero

$zero

$zero

New Funding Acquired

$zero

$zero

$zero

Subtotal Money Acquired

$478,380

$564,500

$654,000

Expenditures

 

 

 

Expenditures from Operations:

Money Spending

$17,400

$19,800

$27,000

Fee of Accounts Payable

$360,000

$410,000

$480,000

Subtotal Spent on Operations

$377,400

$429,800

$507,000

Extra Money Spent

 

 

 

Non Working (Different) Expense

$three,500

$four,700

$6,800

Principal Reimbursement of Present Borrowing

$zero

$zero

$zero

Different Liabilities Principal Reimbursement

$zero

$zero

$zero

Lengthy-term Liabilities Principal Reimbursement

$500

$10,000

$15,000

Buy Different Present Belongings

$zero

$zero

$zero

Subtotal Money Spent

$381,400

$444,500

$528,000

Web Money Movement

$96,980

$120,000

$126,000

Money Steadiness

$185,480

$305,480

$431,480

Projected Steadiness Sheet

The desk exhibits project ( help with nursing paper writing from experts with MSN & DNP degrees)ed stability sheet for three years.

Desk: Steadiness Sheet

Professional Forma Steadiness Sheet

Belongings

Present Belongings

2011

2012

2013

Money

$185,480

$305,480

$431,480

Different Present Belongings

$100,000

$100,000

$100,000

Whole Present Belongings

$285,480

$405,480

$531,480

Lengthy-term Belongings

 

 

 

Lengthy-term Belongings

$zero

$zero

$zero

Collected Depreciation

$1,000

$1,050

$1,103

Whole Lengthy-term Belongings

($1,000)

($1,050)

($1,103)

Whole Belongings

$284,480

$404,430

$530,377

Liabilities and Capital

 

2011

2012

2013

Accounts Payable

$35,000

$41,000

$53,000

Present Borrowing

$zero

$zero

$zero

Different Present Liabilities

$zero

$zero

$zero

Subtotal Present Liabilities

$35,000

$41,000

$53,000

Lengthy-term Liabilities

100,000

$90,000

$75,000

Whole Liabilities

$135,000

$131,000

$128,000

Paid-in Capital

$90,000

$90,000

$90,000

Retained Earnings

($15,123)

($45,000)

($50,000)

Earnings

$44,357

$79,975

$115,461

Whole Capital

$119,234

$124,975

$155,461

Whole Liabilities and Capital

$284,480

$404,430

$530,377

Web Price

$119,234

$124,975

$155,461