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ELEVATOR PITCH
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Overview Vibe, monthly daily rooms, lowering barriers to music
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Location Downtown Regina 1317 Scarth Street
Storage of gear, by all music venues
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Marketing Plan Digital marketing, leverage connections
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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
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Approx. 18 Customers/ Week
Break-Even Analysis Approx. 18 Customers/ Week Pricing how much it would actually cost to go for two hours
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Financial Stats IRR 111% Average Owner’s Compensation $115,000
Average Net Income Over 5 Years $90,000 Roi, risk Owners compensation
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Feasibility Occupancy Competition Passion
Occupancy half empty half full Competition try to akuma me Passion Occupancy Competition Passion
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THANKS
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