Executive Summary Papa Geo's
The best authentic Italian cuisine has now arrived in beautiful city of Orlando, FL; with delicious Italian entries served buffet style come one, come all to the best Italian food in the city. Papa Geo’s Restaurant is an all you eat Italian buffet, which serves various traditional Italian dishes such as pizza, different pasta combinations, but also soups and salads. Papa Geo’s Restaurant is a 3,500 square foot facility of pure Italy, able to hold up to 80 customers the restaurant have more than enough room for families of all sizes. Papa Geo’s restaurant will operate within the hours of 10 am to 9 pm, 7 days a week.
With the population within our restaurant radius growing at a steady six percent per year, the company believes that this is the best opportunity to not only join the market, but also take control of the lack of delicious Italian cuisine within the area. Opening the restaurant do not come without its challenges with such major fast food competitors such as McDonalds, Taco Bell, and Wendy’s; every individual associated with Papa Geo’s understand that with this competitions the urgency of the company dedication to fresh Italian cuisine s must stay consistent. Papa Geo’s restaurant prides itself in having a clean facility, using fresh ingredients with of our dishes, but more importantly providing each customer an experience that will not only last for a day but a lifetime. With over $15,000 dollars being allocated in renovation no expense is too much to provide the best Italian cuisine in the city.
Based on the company target audience which is roughly about 10,000 families within a 15 min radius of the restaurant, it is projected that within the second year of operation that the restaurant will be earning a minimum net income of 40,000 per year. This projection comes from estimating that an average family household within our 15 min radius has four individuals; with knowing this the company can estimate that within the restaurant 15 min radius there
With the population within our restaurant radius growing at a steady six percent per year, the company believes that this is the best opportunity to not only join the market, but also take control of the lack of delicious Italian cuisine within the area. Opening the restaurant do not come without its challenges with such major fast food competitors such as McDonalds, Taco Bell, and Wendy’s; every individual associated with Papa Geo’s understand that with this competitions the urgency of the company dedication to fresh Italian cuisine s must stay consistent. Papa Geo’s restaurant prides itself in having a clean facility, using fresh ingredients with of our dishes, but more importantly providing each customer an experience that will not only last for a day but a lifetime. With over $15,000 dollars being allocated in renovation no expense is too much to provide the best Italian cuisine in the city.
Based on the company target audience which is roughly about 10,000 families within a 15 min radius of the restaurant, it is projected that within the second year of operation that the restaurant will be earning a minimum net income of 40,000 per year. This projection comes from estimating that an average family household within our 15 min radius has four individuals; with knowing this the company can estimate that within the restaurant 15 min radius there