Tennis Rackets, Apparel, Shoes, and more

Location 3977 William Flynn Hwy, Allison Park PA, Square Footage- 1,224ft 2 at $113/square foot Proposed cost=$139,100

Hours of Operation Tuesday through Friday from 12:00pm-8:00pm Provides working men and women an opportunity from lunch and before dinner to drop by our store Saturday and Sunday from 8:00am-6:00pm Leaning more towards children and older men who have more time to spare during day-light hours

Why buy from our store? Name- The name Tennis Hut directy associates our products with our store. Quality- We provide the highest end equipment from a variety of brand names that you know and trust. Prices- Moderate prices to keep away nearby competition, while still maintaining quality Location- Our location directly off route 8 provides easy advertising from the consumer’s point of view of the road Service- Knowledge of tennis and USRSA certification provide you with better knowledge then our commercial competition

Floor Plan Fit for small building Small environment puts customers around more products Small area reduces theft Advertising not needed due to compact area Low amount of employees Shorts provide direction to rackets and shoes

Product Description-Rackets Wilson-One of the most esteemed racket producers, carried will include the modern BLX series, and the K series, ranging from $ to $ Prince- Aimed towards female tennis players. Models carried will include the O3 series, and the EXO3 series, both ranging between $80.00 to $ Babalot- Lighter tennis rackets. Models carried will include Pure Storm and Pure Drive series both ranging between $90 to $199.

Product Description-Apparel Male Nike- Cotton, Dri-Fit, and Collared Tee- Shirts, socks, and hats along with Dri-Fit Shorts and Tennis Shoes Babalot- Cotton Tee- Shirts and Tennis Specific Shoes Adidas-Tennis Specific Shoes Female Nike- Dri-Fit Skirts, Dri-Fit shirts, socks, and visors. Babalot-Tennis Specific Shoes Adidas- Tennis Specific Shoes

Product Description String/Stringing Gamma- Tennis strings, grips, and various tapes, ranging from $3.00 to $20.00 Wilson- Grips Tourna- Tourna Grip, and various tapes ranging from $3.00 to $20.00 Stringing Services- Rackets will be strung with a labor cost of $15, if string is not supplied, customers will be charged the store price of the selected string.

B ACKROUND Employees and the hiring process

Entrepreneurial Back-round Tennis Hut will become the product of proper work experience and knowledge. With my formal background in tennis, both acknowledging my PTR and USRSA certification, Tennis Hut will be a business run by a responsible, and capable owner, leading to a very successful and unique business to Allegheny County

Employee Information Job Titles- Sales Assistant # of employees=1 Employee Wages Starting wage for sales assistant $8.00/hr. Hiring Process 1.Initial request for applications 2.Call in applicants for personal interview 3. Deliberate on the best employee 4.Accept best applicant by cell phone

Job Description

Marketing Advertising, Target Market, and Competition

Target Market General Population with time to spare Ages 6-22&50+ Middle class and up White male

Advertising Grand Opening sign on store sign to attract customers on route 8 Mutual advertisements with tennis clubs Discounts to those who belong to select clubs to differ customers from other commercial stores.

Cost of Advertising Relatively Free with purchase of the property Advertising in store and in clubs provides a mutual gain for the store and tennis clubs Route 8- Large amount of drivers pass by Tennis Hut Sign included with building which allows “free” advertising of deals and services

Direct Competition Dicks Sporting Goods, moderate competition Farther proximity, general products Tennis Village, high competition Farther proximity, similar products Dunham's Sporting Goods, high competition Close proximity, general products

Other Businesses Online 1. Tennis Warehouse 2. Midwest Sports 3. ATS Sports Minimal Competition due to general inventory/higher priced items

F INANCIAL P OSITION Income Statement, Start-Up, Balance Sheet

Start-Up Costs

Income Statement

Balance Sheet

Working Capital Amount Needed- $20, Loans-$0.00 Personal Funds- $18, Family Funds-$2, Other-+$0.00 Total=$20,865.00

Personal Acquisition (1 year) Lakevue Athletic Club Rate/lesson- $25.00 Lessons/day- X4.00 $100 Working Days X208 Total= $20,800 Lakevue Athletic Club Rate/Racket- $8.00 Rackets/day- X2.00 $16.00 Working Days X208 Total= $3,328 Tennis Instructor (PTR)Stringing Professional(USRSA)

Property Cost-$139, Start-Up cost-+$66, =$205, Down Payment-$20,865.00(139,100.00*.15) =$185, Loan needed

$1000/month at 5% for 30 years Loan Payment/Month