The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary
Agenda Split Crow Antigonish About the Owner Goals for the Proposal Financial Statements The New Design The Event!
Split Crow, Antigonish Franchise Business (Partner with wife Cara) Capacity people Big nights – Thursday’s and Friday’s Nightly revenues of $5,000-$6,000 Capitalize on student demographic Industry night
About the Owner Opportunistic entrepreneur “I believe in working in thirds” 1/3 goes to costs 1/3 goes to reinvestment into the restaurant 1/3 is profit for the establishment Big interest in music – Memory Lane Wanted to be his own boss
Goals for the Proposal Increased public awareness and recognition Improved facilities for franchise Increased profits and greater attendance from university students
Current Stage Limited room for equipment ~8ft x 16ft 128 ft sq Inadequate sound system Poor lighting Open stage
Proposed Stage
Financial Statements Costs LabourStandard N.S Wages for Carpenters Lead Carpenter Days Hours/day10 Wage $ $ 3, $ 4, $ 4, $ 6, Employees Days Hours/day9999 Employees2222 Wages/hr $ Combined labour cost $ 2, $ 3, $ 4, $ 5, Total Labour $ 5, $ 7, $ 9, $ 11, Fixed Costswith 10% wastage Lumber $ $ Accessories $ $ Lighting $ 1, Total Fixed $ 2, Total Cost10, Variable Cost (averaged)8, Fixed Cost2,060.02
Advantages and Disadvantages Improving main floor facilities Attract a wider variety of clientele and musicians Local and Abroad Create awareness of a quality establishment located in the heart of Antigonish Large Capital investment Renovations in June Merely a business plan, subject to review from the owner and carpenter
The Event Friday January 8 th, 2016 $5.00 cover 9 PM Power Hour Attract customers Reach capacity early and maintain customers New and improved layout and design Enhance awareness Improved attendance Increased profits
Drinks and Food specials $2.50 Beers during power hour $4.00 beers the rest of the night $3.50 well shots all night Half priced appetizers starting at power hour
Thank you Questions and Concerns