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Life Point GmbH First Healthy drive-in fast food restaurant In Frankfurt am Main: perfect target group Based on two current trends: – Intensive, mobile lifestyle & healthy eating Changing attitude
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Name: Life Point GmbH Status: GmbH (=Gesellschaft mit beschränkter Haftung) Capital: Office Address: Adickesallee, Frankfurt am Main
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Become a quality and respected brand Association to healthy Expansion in the future in Germany and Europe To become profitable in the next 3 years Staying as the market leader Raise the public awareness towards healthy eating habits Environment friendly Favoring local producers Advertisment Marketing VMSVMS
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Positive work atmosphere Responsibility towards the environment To bring sustainable profit
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No normal customer loyal cards / discounts Instead: – Events – Conferences – Lectures » Brings additional value for the customer and brand In the future: Magazine Radio spots
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Industry – Tough competition – No direct competition Our market – 600.000 inhabitants, 2,5 million fair guests – 52% single households, – Average size is 1,86 persons/household
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Competitors – Subway, BK, McD, restaurants Competitive advantages – New concept – Quality of food – Price-quality -correlation
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Product – First stage of lifecycle (introduction stage) – Package is environmental friendly – Good quality – Information about ingredients given on package
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– The Price Market pricing
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Place – Selective distribution – Adickesallee 50, Frankfurt am Main Connected to the most important traffic roads Target group
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Promotion – By internet (homepage) – Advertisements in newspapers – Flyer – Billboards
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Divided in three P’s: – People become healthier – Perspective change – Product are bought at producers in Europe – Profit is made and new stores are opened in following years – Reducing of pollution (environmental friendly package)
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Big Financial Points
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Ground and building – 2 kitchens, 1 drink bar, 1 store room, 2 points of sale through 2 car lines with 3 cars per line Building: € 30,00 x 65 qm =€ 1.950,00 per month Ground: € 8,00 x 416 qm = € 3.328,00 per month ----------------------------------------------------------------------------------- Sum:€ 5.008,00 netto per month
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Kitchen equipment: 18 metres kitchen: 2 oven-station€ 4.000,- + fridge & squeezer system for store room and sale of point € 11.000,- + 2 dish washer € 2.500,- + 18 metres tablesystem € 10.000,- + Utensils € 1.500,- + 1 drinking system€ 10.000,- + packs, racks, desks -system for food€ 2.000,- ---------------------------------------------------------------------------------------------------------------- Sum:€ 41.000,-
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Capacity – In FFM is 473139 working population the company wants to get 1% of them. – Number of customer 4731. Assumption is that a customer buys 30 times a year. 4731 * 30 = 141000 orders a year.
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Capacity – Purchasing: 1 person every 2 days for 2 hours366 hours per year – 1 customer satisfaction: preparing food 1 min selling food1 min Selling drink0.5 min Cashier0.5min ---------------------------------------------------------------------------------------- Sum:3 min
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– Cleaning per day: Cleaning working place: 30 min x 349 days = 182.5 hours per year – Working hours are needed to fit the demand: 141000 orders per year * 3 min/60 + 366 h + 182.5 h = 7598,5 h
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open time is 6-22 o´clock, 7 days a week Rush hour – From 7 – 8.30 – From 11.30 – 13.30 – From 17.30 – 19.00 We need 7 workers to fit to the demand Higher average of cooks is € 1800 p.a. > Salaries € 253000
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Product cost of one menu – We made an average of food, drinks and packages and multiplied it with 3 items
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– Year 3:first profit – Year 5:loans are payed back
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Investments – Equity: 30.000€ in cash – Shareholders Jacob and Kampmeyer with 50% – Borrowed capital: 95.000€
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Strengths – New concept – Quality of food – Long opening hours – Fast and efficient service – Relatively low costs of start-up
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Weaknesses – Tough competition – Small size of the enterprise – Prices higher than other fast food chains
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Opportunities – Expansion – The possibility to change the menus – Financial crisis – Become the market leader on healthy fast food
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Threats – Competition – Healthy restaurants – Not expanding fast enough
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