ELEVATOR PITCH
Overview Vibe, monthly daily rooms, lowering barriers to music
Location Downtown Regina 1317 Scarth Street Storage of gear, by all music venues
Marketing Plan Digital marketing, leverage connections
Capital Budget Financing Budget Item Cost Leasehold Improvements 70,000 Equipment (Amps, Guitars, Drums) 35,675 Furniture & Fixtures 35,000 Total Capital Budget 140,675 Cheap capital budget, good building
Approx. 18 Customers/ Week Break-Even Analysis Approx. 18 Customers/ Week Pricing how much it would actually cost to go for two hours
Financial Stats IRR 111% Average Owner’s Compensation $115,000 Average Net Income Over 5 Years $90,000 Roi, risk Owners compensation
Feasibility Occupancy Competition Passion Occupancy half empty half full Competition try to akuma me Passion Occupancy Competition Passion
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