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Published byElise Kelsey Modified over 9 years ago
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Made by; Emilie Ibsen, Louise Søndergaard, Maya Gravesen and Andreea Mercurean Amor Love for food and body
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Problem/Unmet need Nowhere to eat healthy Nowhere to get a real smoothie
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Solution/How business fills need The only healthy place in The Valley. Fresh ingredients Health trend
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Mission and social impact Mission statement; We want to make people aware of what is healthy for your body. We will also provide a pleasant service, and let people leave Amor with a smile and a clear conscience. Social impact: Donate leftovers, recycle, and help the valley get healthier
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Description of Product/Service Healthy sandwiches, smoothies and salads Making the people of The Valley healthier Membership
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Business Model Description of Expenses Variable Material Expenses Total: $3 Fruit$2.67 Ice$0.06 Vanilla$0.05 Honey$0.12 Ice$0.1 Fixed ExpensesTotal: $1619.5 Insurance$42 Advertising$90 Interest$37.5 Depreciation$50 Rent$1400 Economics of One Unit Selling Price$6 Cost of var. materials exp. $3 Cost of labor $1.33 Other variable costs $0.15 Total COGS/ COSS$4.48 Contribution Margin $1.52 Definition of One Unit A smoothie Monthly Break Even Units $1619.5 = 1065.46 ≈1066 units $1.52
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Market Analysis Description of Target Consumer DemographicsGeographics -Men and women -15-50 -All kinds of races -From lower middle and up Our customers would primarily be the citizens of the Santa Ynez Valley and the tourists who visit Solvang. PsychographicsBuying Patterns -Healthier living -Fashionable - Eating out 2-3 times a week -Complements -Take-out/Drive-thru Total Population Target Market Population 28491 Market Size (based on survey) Target Market Size Market Statistics Industry Name: Restaurant Annual Industry Sales: $ 660 billion 21614 19452
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Marketing and Sales Advertising; Flyers, events and word of mouth Social media Our app
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Competition AMORRhythms Coffee and smoothies Chomp QualityFresh fruit for the smoothie. Frozen fruit for their smoothies. They don’t sell smoothies at all. Healthiness100% healthy.Includes sugar and other unhealthy products. Serves food with fat and sugar ( burger, fries, milkshakes etc.) ServiceWe are going to provide the best service possible. They have nice employees and a quick service. They have a good services but are too busy. Our Competitive Advantages 1. We employ healthy looking people 2. We sell healthy food 3. We have an app
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Qualifications Niels Brock Business College – IBB Past experience
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Sales Projections Total Units 57600 Gross Revenue $345,600 Net Profit $48070.05
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Start-up Funds ItemWhy NeededCost Chairs and tablesFor our customers, so they can sit down and enjoy their meal $4500 EquipmentSo we can make the food$1500 Serving equipmentTo serve the food on nice plates for our customers $400 KitchenTo produce the food in$2462.9 PaintTo paint the walls$150 DepositSo we can rent our location$4500 Total Startup Expenditures$13512.9 Emergency Fund$6756.45 Reserve for Fixed Expenses$6819.75 Total Startup Investment$27089.1 ROI: Return on Investment $48070.05 = 1.78% ≈$1.8 $27089.1 ROS: Return on Sales $48070.05 = 0.84% ≈$0.8 $57600
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Future Plans Cooperation with Dine’n’dash Expand our menu (Vitamin smoothie) Expand our business Courses
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