Presentation is loading. Please wait.

Presentation is loading. Please wait.

The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary.

Similar presentations


Presentation on theme: "The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary."— Presentation transcript:

1 The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary

2 Agenda  Split Crow Antigonish  About the Owner  Goals for the Proposal  Financial Statements  The New Design  The Event!

3 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

4 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

5 Goals for the Proposal  Increased public awareness and recognition  Improved facilities for franchise  Increased profits and greater attendance from university students

6 Current Stage Limited room for equipment ~8ft x 16ft 128 ft sq Inadequate sound system Poor lighting Open stage

7 Proposed Stage

8 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

9 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

10 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

11 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

12 Thank you  Questions and Concerns


Download ppt "The Split Crow Pub Team 4: Nicole, Connor, Jordan, Jack, Cary."

Similar presentations


Ads by Google