Preview

Restaurant Business Plan

Powerful Essays
Open Document
Open Document
10162 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Restaurant Business Plan
The Business Plan for

Executive Summary

Manly’s restaurant sector seems to lack a restaurant that will provide consumers with an authentic Brazilian dining experience. Currently, most restaurants in the area meet the expected industry standards but lacks in the supply of high quality food, beverage and service originated from South America. La Barata will target that gap and launch a Brazilian cultural experience in the Manly area specialising in dining, cooking classes and entertainment.

La Barata is an innovative restaurant with the ground-breaking concept of combining dining and entertainment at the same time and place. The restaurant will be located at the wharf in Manly, thirty minutes from Sydney CBD. The target market will be tourists and immigrants from South America as well as other international tourists and locals. La Barata will focus on middle and upper class but will not by this exclude other target markets. The restaurant will create a warm and welcoming environment that allows the customers as well as the employees to get a feeling of a friendly atmosphere. La Barata’s vision is to:

‘The aim for La Barata is to be the first choice for all customers who seek excellent food, service and culture experience’

Currently there is no restaurant in Manly which offers such a unique concept that La Barata is aiming to achieve. La Barata will underline its concept with three key points:

• Deliver a unique cultural experience • Provide high quality dining and service standards • Guarantee all stakeholders to keep up with constant • change and trends in the industry

The main issues analysed and discussed in this report is whether there is an opportunity in the market that allows a new restaurant to launch. The second key point discussed is the high level of competitors and if they will appear as an obstacle for La Barata to operate



References: Aaker, A. (2001). Strategic Market Management. (6th ed.). USA: John Wiley & Sons. Australian Bureau of Statistics. (2007). 4102.0 - Australian social trends, 2006. [Online]. Australian Government. (2007). Industry. [Online]. Available: http://www.industry.gov.au/content/itrinternet/cmscontent.cfm?objectid=869952B9-65BF-4956-B1CA3152C6203AAE&searchID=365644 [accessed 2007, November 16]. Australian Hospitality Association. (2007). Serving Hotels Since 1839.[Online]. Available: http://www.aha.org.au/about.html [accessed 2007, November 13]. Brand, J, Noble, G, Wilding, D. (2002). Living Diversity: Australia’s multicultural society. Business Investment Spurs Economic Growth in Australia. (2006). [Online]. Cetron, M. (2006). Hospitality in the Age of Terror. [Online]. Available: http://www.hospitalitynet.org/file/152001642.pdf [accessed 2007, November 24]. Cravens,D., Piercy,N.F. (2003). Strategic marketing.(7th ed). Australia: McGraw Hill. De Groots Media. (2007). Spanish Terrazas Restaurant. [Online]. Available: http://www.bestrestaurants.com.au/restaurants/NSW-Sydney-spanishterrazas.aspx [accessed 2007, December 1]. Department of Foreign Affair and Trade. (2007). Australia: a culturally diverse society. [Online]. Food, wine & restaurants. (2007). [Online]. Available: http://www.manlyaustralia.com.au/categories.asp?id=91 [accessed 2007, November 17]. Johnson, J, Scholes, K & Washington, R. (2005). Exploring Corporate Strategy. Johnson, J. & Scholes, K. (2002). Exploring Corporate Strategy-Text and Cases. (6th ed.). United Kingdom: Financial Times Prentice Hall. Kotler, P, Chandler, P, Brown, L, Adam, S. (1994). Marketing. (3rd ed.). Australia: Prentice Hall. Kotler, P., Bowen, J. & Makens, J. (2004). Marketing for Hospitality and Tourism. (3rd ed.). Manly Council. (2007). Manly Food and Wine Festival. [Online]. Available: http://www.manly.nsw.gov.au/foodandwine/ Manly Council. (2007). Manly’s Environment. [Online]. Available: http://www.manly.nsw.gov.au/Environment.html [accessed 2007, Novmeber 23]. Manly Council. (2007). Policies and Codes. [Online]. Available: http://www.manly.nsw.gov.au/Policies---Codes.html [accessed 2007, December 4] Manly Council Manly Council. (2007). What’s On. [Online]. Available: http://www.manly.nsw.gov.au/Whats-On.html [accessed 2007, December 1]. Manly, Sydney Australia. (2007). [Online]. Available: http://www.manly-sydney.com.au/manly-restaurants.html [accessed 2007, November 17]. McColl-Kennedy, J.R., Kiel, G.C. (2000). Marketing; A Strategic Approach. (1st ed.) Australia: Nelson Thomson Learning. McMorran, V. (2007, November). Impact of terrorism. Lecture presented for HOSP321 at ICMS, Sydney, NSW. McNamara, C (2007). Basics of developing mission, vision and values statements. [Online]. NetMBA Business Knowledge Center. (2007). SWOT Analysis. [Online]. Available: http://www.netmba.com/strategy/swot/ [accessed 2007, November 29] NetMBA Business Knowledge Center. (2007). The Marketing Mix. [Online]. Available: http://www.netmba.com/marketing/mix/ [accessed 2007, December 3]. New South Wales Government. (2007). NSW office of liquor, gaming and racing. [Online]. Our mission and goals. (2006). [Online]. Available: http://www.dewr.gov.au/dewr/ publications/ourmissionandgoals/ [accessed 2006, November 22]. Peterson & Jaret. (2007). Business Plans Kit for Dummies. United States of America: Hungry Minds. Plan Magic Corporation. (2007). Plan to startup, expand or monitor your restaurant. Planmagic Restaurant 3.0 Porter, M. (1987). From Competitive Advantage to Corporate Strategy. Harvard Business Review, 65 (3) pp43-69 Property Value. (2007). Free Postcode Profile. [Report]. Australia. Stonecash, R., Gans, J., King, S. & Mankiw, N.(2005). Principles of Macroeconomics. (5th ed.) Australia:Thompson. Tourism Australia. (2007). Tourism Forecasts. [Online]. Available:

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Qlt2 Task 3

    • 663 Words
    • 3 Pages

    In this report, I will be comparing two different menus from two different restaurants. These two restaurants are Bellaggio’s which is an Italian themed middle market restaurant and Riverside Indian Fusion which is Indian themed fusion food restaurant. The menus are vastly different as they both cater for different cultures and continents and are two different types of markets.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Group Councillors Manly Council Manly Council Manly Council Community Representing Organisation Adele Heasman Jean Hay, AM (Mayor) Katie Harris Sylvia Bell Rod Childs Ross Thyrmin Richard Hewitt Ray Mathieson Carlo Bongarzoni Surf Clubs Queenscliff SLSC North Steyne SLSC Manly SLSC State Government Office of Environment & Heritage (OEH) National Parks & Wildlife Services (OEH) NSW Department of Primary Industries - Fisheries NSW Department of Primary Industries – Aquatic Protected NSW Maritime Council Staff Manly Council Jo Cooper Ben Wotton Mark Moratti Peter Hay Paul Schuetrumpf Rodney James Drew Jones Rafiqul Islam Name Dr. Peter Macdonald (Chair)…

    • 64549 Words
    • 259 Pages
    Powerful Essays
  • Powerful Essays

    Tutti Matti

    • 1504 Words
    • 6 Pages

    After spending 6 years in Tuscany, Italy learning all aspects of a restaurant’s operation, Solomon returned to Canada and opened her first Tuscan Cuisine restaurant in Downtown Toronto. In order to survive in the competitive restaurant industry and discouraging economy condition, Solomon needs to address the following issues:…

    • 1504 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    When expanding into another country or a new country there are differences in the way meals are prepared and what the culture as a whole prefers as far as ingredients and overall taste. In our study one of the hypotheses is that in order to be successful in the Brazilian market we will need to add more fresh ingredients to our meals as well as adding spices or other ingredients that are common in Brazilian menus. Our second hypothesis is that our overall atmosphere including décor and music will need to be changed according to the Latin culture. We want our patrons to feel at home in our restaurants and our food to be to their liking so that they will return day after day.…

    • 1062 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Self Marketing Plan

    • 2525 Words
    • 11 Pages

    The team of three students consisting of Robert Edwards, Hardy Anderson, and Larry D. Stephney visited Belle Napoli restaurant on November 15, 2012 as part of the MK 351 Principles of Marketing class, coordinated by our instructor DR. Blaugrund, Erin Baca. The purpose for our visit was to conduct detailed observation at a local restaurant to assist us in writing a seven to ten page summary of our findings.…

    • 2525 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    bsa 310 syl

    • 1960 Words
    • 8 Pages

    Armstrong, G., & Kotler, P. (2011). Marketing: An introduction (10th ed.). Boston, MA: Prentice Hall.…

    • 1960 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bsa310 Syllabus

    • 1752 Words
    • 8 Pages

    Armstrong, G., & Kotler, P. (2011). Marketing: An introduction (10th ed.). Boston, MA: Prentice Hall.…

    • 1752 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    El Bulli Case

    • 663 Words
    • 3 Pages

    ElBulli is one of the best restaurants in the entire world and provides an extremely unique experience. It is only open 6 months of the year and getting a reservation is almost impossible. They only serve 8,000 customers a year, but get 1 to 2 million reservation attempts a year. The restaurant itself is a difficult journey, but once you are there, the atmosphere is said to feel like an artist's home. Eating at elBulli is not just a night out to dinner, it is an experience described as “Willy Wonka” and “Lab-like full of stainless steel.” Guests receive a tour of the kitchen and are then taken to a terrace that overlooks the beach for some relaxing and tasty cocktails. Then it is time for the meal…

    • 663 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    study guide BSA310

    • 2044 Words
    • 15 Pages

    Armstrong, G., & Kotler, P. (2011). Marketing: An introduction (10th ed.). Boston, MA: Prentice Hall.…

    • 2044 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    hugo

    • 18743 Words
    • 139 Pages

    Act 1968, the work may be reproduced in whole or in part for study or training…

    • 18743 Words
    • 139 Pages
    Powerful Essays
  • Powerful Essays

    Brassington,F., and Pettitt, S., 2003. Principles of Marketing. 3rd ed. Harlow: Pearson education limited. .…

    • 3688 Words
    • 15 Pages
    Powerful Essays
  • Better Essays

    The idea to open a restaurant was born while Beatriz and Eduardo took a six month trip as back-packers to Europe while they were in their third year of college. In 1980, they opened their first restaurant in Bogotá, Colombia in a small rustic French-style creperie, with a wooden bar and a young, fresh and informal environment. It was as simple and attractive as its menu. The menu was made of a piece of wood that contained…

    • 2972 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    Pob Sba

    • 2356 Words
    • 10 Pages

    This SBA is one entailing details on the Eastern Restaurant and Bar which is a sole trader business. The Eastern Restaurant and Bar aims to provide nutritious meals to customers at a…

    • 2356 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Restaurant Practicum Report on (Name of the restaurant) (Exact address of the restaurant) TRAINING PERIOD: November 9, 2009 to February 14, 2010 In Partial Fulfillment of the Requirements for the Course Restaurant Practicum For a Degree in Bachelor of Science in Hotel and Restaurant Management College of International Hospitality Management University of Perpetual Help System - DALTA…

    • 1556 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Feasib

    • 3560 Words
    • 15 Pages

    the moment customer enters the bar, they will experience great finger foods such as our…

    • 3560 Words
    • 15 Pages
    Satisfactory Essays