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Franchise Sandwich Shop Business Plan

March 3, 2023 By JamesCall Leave a Comment


Franchise Sandwich Shop Business Plan


The purpose of this business plan is to secure additional, long-term funding to open a QSR (Quick Service Retail) franchise in Ashland, Oregon. To fund inventory and operations, the company’s owners are willing and able to invest $30,000 as well as take over $110,000 in short-term risk. The SBA 504. loan we are looking for is $200,000 and will be amortized over a 10-year period if approved.

Franchiser &#8220The Sub Shop Corp 8221 is one of North America’s fastest growing franchises. Last year’s sales exceeded $800,000,000. The chain is somewhere between traditional fast-food restaurants and sit down restaurants. This segment of market is more attentive to health and conscious of what they eat. They are also more willing to spend more on better food and have higher incomes. Our goal is be that choice in Ashland Metro.

To achieve our goal and encourage healthy living, we will sponsor local sporting events and donate 33% of the profits to local charities. We will be rooted in the local community. We will market our products in local businesses, including the Shakespearean Festival.

Our primary goal for this plan is that it help us secure this $200,000 SBA loan. Once that is accomplished, we will work to create value for our constituents and ourselves, as well as our employees, customers, and community. These goals are in line with the SBA’s expectations of itself and its guaranteeors.

1.1 Objectives

We have four months to open our Franchise restaurant from the day the site is confirmed by the realtor. Our site was confirmed in April, therefore our goal is to be up and running by August. Our P&L as well as our Balance Sheet are all due to start in August. The Start-up Summary Section will provide information about the costs associated with starting a business between April and August.

After our second fiscal-year of operations, the Sub Shop is expected to turn a profit.

We will repay our $200,000 SBA loan by the end year to $180,000.

By the end of year 1, repeat customers will make up 70% of our total business. We will track customer habits and loyalty through a local marketing research firm, and publish the results of these findings to our employees once a quarter.

Net profit for year one will reach 21%

1.2 Mission

Our mission is to bring to market the tastiest and healthiest fast food in Ashland, at a slight cost premium over other fast food restaurants. Our reputation as the best fast food restaurant in Ashland will be established by our high standards for quality and cleanliness.

As important as profit is our community, so are we. We will donate 2% to a local women’s shelter and 1% to an environmental conservation fund. This company is founded on the concept that good works and good deeds not only serve the needs of the community, but will also keep our company healthy and committed to the success of its customers.

1.3 Keys of Success

Your location is crucial to your success. It is important that the location meets all of our expectations. According to the franchise agreement our “Type A” &#8211′ Profile 1 location must serve at least 6,000 customers in a 4-block radius or less than five minutes. Traffic must be sufficient and customers’ lunch habits must allow them to eat out.

Executing our plan is also key to success. If we fail to execute our plan on one or more of the following: our numbers or employees, cleaning standards or commitments to customers, then we won’t succeed or thrive.


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Filed Under: Businnes Plan Tagged With: franchise, sandwich, shop

Frozen Custard Shop Business Plan

March 3, 2023 By JamesCall Leave a Comment


Frozen Custard Shop Business Plan


Bauman’s Frozen Custard will be opening in Eugene. Bauman’s is a start up shop that plans to be in Eugene/Springfield for the long term. Bauman’s Frozen Custard has received a $15,000 funding investment from Matthew Bauman. This will allow them to start a successful venture to secure start-up financing via a combination of debt and investment.

Bauman&#8217’s plans to bring Frozen Custard (and Italian Ice) to Eugene. The product is currently inaccessible. The initial offerings of the company will include rich, creamy Frozen Custard as well as bright, sweet Italian Ice in a variety of sizes. We plan to build a loyal customer base through selective marketing. Bauman’s Frozen Custard will be a high-end scoop shop that offers a distinguished product offering and is affordable.

We predict our first year sales will reach approximately $66,000 and climb to over $90,000 by the end of the second year. Despite the initial loss of $66,000 in year one, we expect that year two will be profitable without putting pressure on our cash reserves. Our marketing research shows that these sales are easily achievable by any small-scale scoop shop. Our overall financial model emphasizes long-term potential in the local marketplace over short-term returns favored in hip new restaurants with shorter life spans in larger cities.

1.1 Mission

To create the finest quality all natural frozen custard and Italian ice with a commitment to incorporating the freshest, richest, and creamiest ingredients into a world class product.

To provide the best service possible in a relaxed, friendly and relaxing environment.

To actively seek and respond the customer’s needs.

1.2 Objectives

Bauman&#8217’s Frozen Custard (and Italian Ice) have two objectives.

  • In the first year of operation, more than $65,000 in sales were achieved.
  • Increase annual sales in the second year by 30% or more over the initial year.
  • Frozen Custard provides unique flavor benefits over traditional Ice Cream. This is what we did within the first six (6)months of operation.
  • Established the business as Eugene’s premier Frozen Custard retailer.

1.3 Keys for Success

Bauman will share his secrets to success:

  1. Presenting a high level of quality in its product line.
  2. Maintaining and growing relationships with customers to generate new and repeat sales.
  3. Significant investment in grass root marketing
  4. Innovative product offerings that differentiate us from the competition.


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Filed Under: Businnes Plan Tagged With: custard, frozen, shop

Coffee Shop Business Plan

March 3, 2023 By JamesCall Leave a Comment


Coffee Shop Business Plan


Opportunity

Problem

Not only do people living near the University of Oregon want coffee, tea, pastries or snacks, they also need a place to relax, have a group discussion or just sit and read. Although it is easy to find this near the University of Oregon campus now, it is too crowded too often and does not offer the right combination of elements for everyone.

Solution

Java Culture coffee bars are a must-have for local coffee drinkers. They offer a safe place to relax and enjoy a cup of coffee, as well as a cozy place to share stories with friends.

Market

Java Culture will target university students and faculty, as well as people working in coffee bars near their offices. Based on market research, these customers are the most likely to purchase gourmet coffee. Gourmet coffee consumption is universal and largely depends on income level. The University of Oregon campus near you will allow you to access the targeted customer market.

Competition

Java Culture’s closest competitors will be the other coffee bars near the University of Oregon campus. These include Starbucks, Cafe Roma and The UO Bookstore.

Why Us?

Good coffee, pastries, additional tea options, very welcoming atmosphere.

Expectations

Forecast

The chart below shows our plans to grow, based on our sales forecast. We strive to maintain an industry-standard 60% gross margin and reasonable operating expenditures, and to generate reasonable profits in both the second and third years.

Financial Highlights for the Year

You will need financing

The owners will spend $140,000 to start the company and then take out a $30,000 loan from the bank to cover any deficient spending or assets.

The start-up expenses of $27,000 include:

  • Legal expenses for obtaining licenses and permits as well as the accounting services totaling $1,300.
  • Marketing promotion expenses for the grand opening of Java Culture in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.
  • For the assistance in setting up the coffee bar, consultants fees of $3,000 were paid to ABC Espresso Services (name changed).
  • General liability, workers’ compensation, and property loss insurance coverage with a total premium starting at $2,400
  • Pre-paid rent expenses one month at $1.76/square feet for a total cost of $4,000.
  • Premises remodeling up to $10,000
  • Other start-up expenses including stationery ($500) and phone and utility deposits ($2,500).

These expenses will be incurred prior to launch. They are included in our financial projections as a negative retained earnings of $27 680 at the month’s end. It is included in the balance.

These are the required assets for starting a business:

  • Cash in the bank in the total amount of $67,000, which includes enough to cover employees and owner’s salaries of $23,900 for the first two months and cash reserves for the first three months of operation (approximately $14,400 per month).
  • Start-up inventory starting at $16,000. This includes:

    • Coffee beans (12 regular brands and five decaffeinated brands) – $6,000
    • Coffee filters, baked goods, salads, sandwiches, tea, beverages, etc. – $7,900
    • Retail supplies (napkins, coffee bags, cleaning, etc.) – $1,840
    • Supplies for offices – $287
  • Equipment worth $60,000

    • Espresso machine – $6,000
    • Coffee maker for $900
    • Coffee grinder &#8211, $200
    • Food service equipment (microwave, toasters, dishwasher, refrigerator, blender, etc.) – $18,000
    • Storage hardware (bins and utensil racks, shelves, food cases) #8211; $3720
    • Counter area equipment (counter top, sink, ice machine, etc.) – $9,500
    • Server area equipment (plates/glasses, flatware) #8211 $3,000
    • Store equipment (cash register, security, ventilation, signage) – $13,750
    • Office equipment (PC, fax/printer, phone, furniture, file cabinets) – $3,600
    • Other miscellaneous expenses – $500

The company is funded by two main sources: bank loans and investments from owners. Arthur Garfield & James Polk have contributed $70,000 & $30,00, respectively. The total investments now stand at $140,000. $40,000 has been contributed by all other investors. The remaining $30,000 needed to cover the start-up expenses and assets came from the two bank loans–a one-year loan in the amount of $10,000 and a long-term (five years) loan of $20,000. Both loans were secured through the Bank of America. Therefore, the total start-up cost is $27,000

The balance sheet shows the amounts in the month preceding opening. Paid in Capital is what the $140,000 investment looks like. Negative retained earnings is shown for the $27,000 expense. Both assets and liabilities exist. All of this is based on financial standards.

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Filed Under: Businnes Plan Tagged With: business, coffee, shop

Gift Shop Business Plan

March 3, 2023 By JamesCall Leave a Comment


Gift Shop Business Plan


Regali Luxuri is run by Kaethe and Bensai Villanova. Regali Luxuri is an exclusive gift boutique that can be found in Treschicburg’s warehouse district. We specialize in high-quality merchandise. Our products include personalized business cards and greeting cards as well personal apparel and home accents. Regali Luxuri caters primarily to the middle-to–upper class as well as wealthy customers. The company image represents what customers want in home accents, gifts and gifts. It is modern and urban. Our printing services, unique product lines, and exclusive products are what distinguish our company from specialty retail shops.

Before Regali Luxuri’s Grand Opening we will have established a company website. Regali Luxuri will break-even within the first year, while in year two we expect to turn a moderate profit. Regali Luxuri’s future growth plans include expanding the physical location to include the 2nd Level of the live/work unit, broadening the product line, hiring people to design our unique merchandise; implementing ecommerce to our existing website by year three; as well as establishing a mail-order catalog.

Our company was established as a ‘#8220’ S&#8221’ organization. Over several years, we, Bensai and Kaethe, have invested our time, innumerable personal finances and research in developing and expanding our home-based business into a retail location. Each of us contributed an equity stake to the establishment of the retail shop. Kaethe has five year experience in retail accounting and retail, and Kaethe has taken management and entrepreneurial classes at the University SBDC. Our combined experience and continual education help us train future employees as well as manage our daily operations.

1.1 Objectives

  • In order to achieve a profit at the close of year one, you must generate total sales revenue.
  • Implement ecommerce capabilities for existing company websites by year three
  • In the third year, you should aim for a 20% annual growth rate.
  • At least 45% of direct sales costs should be maintained.
  • In the second year, 50% of our merchandise will be made into proprietary products.
  • Establish our company as a premier “Brand Recognized” name throughout the community in year one.

1.2 Mission

Regali Luxuri is a specialty cards, gifts and apparel boutique that specializes in “one-of-a-kind” merchandise not commonly found in the larger retail market. We offer customers outstanding customer service in a relaxed and enjoyable shopping environment. Our mission is to provide customers with unique, high-quality merchandise at affordable prices.

1.3 Keys of Success

  • Personalize a product collection of handcrafted, unique products.
  • Customers can have products and services that they are custom-made to suit their individual needs.
  • Establish a loyal customer base through seasonal promotions/discounts, direct mail postcards, quality merchandise at an affordable price, and a welcoming and comfortable shopping environment.
  • Establish a “Brand Identity”, which embodies quality gift-giving merchandise and outstanding customer service.


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Filed Under: Businnes Plan Tagged With: business, gift, shop

Fishing Shop Business Plan

March 3, 2023 By JamesCall Leave a Comment


Fishing Shop Business Plan


Located off Highway 126, next to the new Oakridge Plaza, McKenzie Tackle and Bait Shop will offer a convenient one-stop resource for all fishing products to travelers heading into the McKenzie National Parks System. Highway 126 leads to more than 130 fishing locations. Oakridge Plaza, which is the last shopping and dining area before entering McKenzie National Parks System, is located at the Oakridge Plaza. McKenzie Tackle and Bait Shop can capitalize on their location to bring in customers. It will offer a variety of fishing products, as well information on the current fishing conditions.

Brad West is the owner of McKenzie Tackle and Bait Shop. He has been a passionate fisherman in the region for 25 years. He is an avid fisherman and knows the best spots for fishing. In the last seven years, he has also managed two bait and fishing tackle shops.

1.1 Objectives

  • To become a favorite and essential shopping destination for those who travel to the area for fishing.
  • Create a customer base to increase each year.
  • We offer exceptional products and service to both novice and experienced anglers.

1.2 Keys for Success

The keys to success for McKenzie Tackle and Bait Shop are the following:

  • Address : The McKenzie Tackle and Bait Shop, located just off Highway 126 next to Oakridge Plaza, is at . Highway 126 opens up to 130 public fishing sites in the McKenzie National Park System. Oakridge Plaza is the last commercial shopping and dining location before entering the McKenzie National Park System. Many visitors stop by the plaza regularly at the start and end of their day within the park system.
  • SERVICE: Brad West from McKenzie Tackle and Bait Shop realizes that customers aren’t there to just browse. They need the right product or the best information on where to fish. McKenzie Tackle and Bait Shop can provide exceptional customer service and get customers on the road to enjoy a day fishing.

1.3 Mission

The mission of McKenzie Tackle and Bait Shop is to be the best, most visible, fishing product and information resource in the McKenzie National Parks area. We want tourists to see our store as an important stop on their fishing trip.


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Filed Under: Businnes Plan Tagged With: business, fishing, shop

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Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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