13
Business plan Ethiopian Restaurant in India

Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Embed Size (px)

Citation preview

Page 1: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Business plan

Ethiopian Restaurant in India

Page 2: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Executive SummaryO Growing globalisation in Indian society

O Increasing disposable income as the economy grows

O Changes in traditional family structure leading to double income families

O Rising business and leisure travel out of India

O Increased inbound travel to India

All leading to a need to experiment and experience Global cuisine…

Page 3: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Company BackgroundO Currently run a chain of restaurants

O Indian CuisineO Kerala CuisineO Punjabi cuisine

O Chinese cuisineO Spanish Tapas Bar

O Restaurant chain is present only in metropolitan areas of Bombay, Bangalore and Chennai

Page 4: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Market OverviewO The market is still

dominated by Indian Cuisine

O While there is a steady growth of interest in Global cuisine

Chines

e

Italia

nTh

ai

Mex

ican

Contin

enta

l0

40

80

Relative size of international cuisine

Overall interest in Food

Indian Chinese Italian Thai

Page 5: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Barriers to entryO Market is nascent for African food

O Low level of awareness on African cuisine

O Fewer brands are currently associated with African cuisine

Page 6: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

CompetitionO Ethiopian cuisine has spices similar

to Indian and Mexican; However hardly any Ethiopian restaurant can be found in Bombay, Chennai, Bangalore

O Most the competition will be from restaurants serving other cuisine

Page 7: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Product offeringO Product

O Indianised Ethiopian foodO Pricing

O High end as in restaurants serving international cuisine

O PlaceO Places with a higher concentration of young,

mobile, well – travelled , IT populationO Promotion

O Digital predominantly

Page 8: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Target SegmentO Young and Young at heart

O 25+O UrbanO Modern; willing to experimentO Exposure to international culture,

travel and cuisineO High disposable income, SEC A

Page 9: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

OperationsO Manpower & TrainingO Chefs – With experience in Ethiopian

and Indian cuisine; International hireO Trainee apprentices- local hire

O Managers- local hireO Waiting staff- local hireO House keeping- local hire

Page 10: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Financial PlanningYear 1 Year 2 Year 3 Year 4 Year 5

Infrastructure - lease/ rent

COGS

ManpowerMarketing

Expected Breakeven Period= xyz yearsReturn on investment (in 5 Years) = x%

Page 11: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Timeline

ActivityMonth 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Local body licenses/ govt clearance etc.                    Infrastructure- Shortlising, Negotiotions, Drawing the contract                    Hiring                    Marketing                    Operations                    

Page 12: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Critical Success Factors

O Local clearanceO LocationO Staffing

Page 13: Business plan Ethiopian Restaurant in India. Executive Summary O Growing globalisation in Indian society O Increasing disposable income as the economy

Thank You!