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Published byJody Campbell Modified over 8 years ago
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The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary
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Agenda Split Crow Antigonish About the Owner Goals for the Proposal Financial Statements The New Design The Event!
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Split Crow, Antigonish Franchise Business (Partner with wife Cara) Capacity - 260 people Big nights – Thursday’s and Friday’s Nightly revenues of $5,000-$6,000 Capitalize on student demographic Industry night
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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
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Goals for the Proposal Increased public awareness and recognition Improved facilities for franchise Increased profits and greater attendance from university students
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Current Stage Limited room for equipment ~8ft x 16ft 128 ft sq Inadequate sound system Poor lighting Open stage
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Proposed Stage
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Financial Statements Costs LabourStandard N.S Wages for Carpenters Lead Carpenter Days791114 Hours/day10 Wage $ 44.70 $ 3,129.00 $ 4,023.00 $ 4,917.00 $ 6,258.00 Employees Days791114 Hours/day9999 Employees2222 Wages/hr $ 22.35 Combined labour cost $ 2,816.10 $ 3,620.70 $ 4,425.30 $ 5,632.20 Total Labour $ 5,945.10 $ 7,643.70 $ 9,342.30 $ 11,890.20 Fixed Costswith 10% wastage Lumber $ 536.00 $ 589.60 Accessories $ 308.00 $ 338.80 Lighting $ 1,131.62 Total Fixed $ 2,060.02 Total Cost10,765.35 Variable Cost (averaged)8,705.33 Fixed Cost2,060.02
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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
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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
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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
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Thank you Questions and Concerns
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