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Published byAbraham Mason Modified over 6 years ago
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By: Arik Lee, Josh Barlet, Samia Walker, Alejandra Urueta-Garcia, Benjamin Wu
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Strengths Variety of Foods and Desserts Family Friendly
Open until 1:00am Notoriety World’s Most Expensive Sundae Great Customer Service
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Weaknesses High Priced Menu Items Busy or Crowded Not Healthy
Not Well Known in Pullman/Moscow Area
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Opportunity Unique to the area Large number of people in a small area
Tourist attraction -Mom’s and Dad’s Weekend -Graduation -Football Games
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Threats Several competitors in Pullman Old European Sweet Mutiny
South Fork
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Historical Direction and Results
New York First Coffee Boutique, only four tables and sixteen chairs, known for their Frrrozen Hot desserts To satisfy the crave for sweets Has expanded to Caesars Palace in Las Vegas; and New York Remained the same unique Vintage Atmosphere
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Population Analysis Pullman Moscow Lewiston-Clarkston
Total Population: 31,682 (7/1/14 US Census) In Civilian Labor Force (16+): 55% ( ) Students: 29k (2014) Moscow Total Population: 24,767 (7/1/14 US Census) In Civilian Labor Force (16+): 63.7% ( ) Students: 12k (2014) Lewiston-Clarkston Total Population: 39,841 (32,482 (Lewiston) + 7,359 (Clarkston)) In Civilian Labor Force (16+) 64%(Lewiston) & 54.9% (Clarkston) Combined population: >96k (2014) New York: 8,491,079 Las Vegas: 613,599
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Law & Legal Structures Acquire a Pullman business License ($15)
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Geographic Needs Location: 1170 SE Bishop Blvd, Pullman, Wa 99163
Size: 5,675 sqft Cost: $725,000 Projected Number of Employees: 40 one shift 110 total
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Survey Results
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Survey Results cont.
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Survey Results cont.
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Secondary Audience Marketing
Post Flyers on Pullman/Moscow campus Create Social Media Pages Facebook, Twitter, Instagram, Snapchat Create student coupons Reserve billboard space
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When is Serendipity busy?
-Weekends and Holidays! (Seasonal Restaurant) March for Spring Break is the busiest month of the year and is busy till mid-November
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Low Peaks? Yes, unfortunately
•Offer free frozen hot chocolate when guests checks in •Groupons •Taxi caps •Adds inside hotel rooms •Cross-promoting with other restaurants Ex: Bobby Flay tells customers to “take your receipt to Serendipity and get a frozen hot chocolate for free
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Minimum Requirement Population base at least 1 million
More stable population Pullman area consist largely of students Location is a big factor
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Future Projection Daily sales estimated $25,000 Seasonal fluctuation
Population Pullman 29,000 Moscow 12,000 Lewiston 4,000
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Summary/Final Recommendation
Serendipity should not come to Pullman, WA -One million people to start off a business like Serendipity -Low peaks in season (summer months)
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Thank you! Any questions?
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Bibliography cupcakes-17.jpg stock-today-tease _bf238d3c03a7005a50a6d6274d46083f.jpg rb75d6c188de5470cb40ded9ccfeb4f1f_v9waf_8byvr_1024.jpg ak0.pinimg.com/736x/40/e5/a6/40e5a6affca0ff612b49f9cba1aecf76.jpg
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