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INCREASINGLY GLOBAL INCREASINGLY WEALTHY CULTURALLY UNIQUE CHINESE INTERNATIONAL STUDENTS GROWING MARKET OPPORTUNITY IMG SOURCE: veer.com
MARKET PROBLEM American bars fail to accommodate Chinese International Students
Appeal to the Chinese consumer at a cultural, social, and emotional level BRING KTV TO AMERICA MARKET SOLUTION
KTV FLOORPLAN MARKET SOLUTION
IMG SOURCE: download3dhouse.com/ RENT PRIVATE ROOMS MARKET SOLUTION
IMG SOURCE: oia.osu.edu 3500CHINESEINTERNATIONALSTUDENTS 500CHINESELANGUAGESTUDENTS COLUMBUS, OH TARGET MARKET > $8 MILLION
$1.31 (MILLION USD) / 15% (MARKET SHARE) = 8.73 MILLION $ MARKET MARKET > 8 MILLION USD Room Price: Avg. Hours per week: Avg. Food/Drink Purchases: Target Market Share: Expected Revenue Per Month: Expected Revenue (Year 1): $7 - $15 per person per hour 4.28 Hours per Week at KTV $31 per week 15% $163,750 $1,313,996 SURVEY DATA / ASSUMPTIONS
PREMIUMSPIRITS PRIVATE ROOM RENTAL PRODUCT/SERVICE OFFERING CULTURALFOOD
iPAD INTEGRATED OPERATIONS PRODUCT/SERVICE OFFERING
UNIQUE VALUE PROPOSITION
Ohio State Administration Student Organizations National Organizations Local Asian Community Local Business Community BUILD RELATIONSHIPS MARKETING STRATEGY
Asian Markets Asian Restaurants Port Columbus International Airport OSU Advertising Channels Student Publications Social Media DIRECT PROMOTIONS MARKETING STRATEGY
Diverse Advisory Board Strategic Local Partnerships Key Hire: General Manager MANAGEMENT AND ORGANIZATION
International Business Experience (China) Multi-industry Background Working Together for 15 months START-UP TEAM
Total Seed Capital Raised $341,000 FUNDING REQUIREMENTS
FINANCIAL PROJECTIONS
IMG SOURCE: Google Maps SIGNED COMMERCIAL LEASE IMPLEMENTATION April Pre ConstructionSeptember Grand Opening
TESTING IMPLEMENTATION
EXIT STRATEGY Year One Year Two Year Three
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