1. EXECUTIVE SUMMARY
Our team is planning to open a bar, restaurant and hotel venue in a prestigious location on the sea waterfront in the city of Trogir in Croatia. The business will be targeted at the rising levels of visiting tourists in the area and the local population.
The venue will have 12 double bedrooms and an exclusive restaurant with seating for 40 people inside and 80 people in the exclusive outside areas, which will be transformed into a bar during evenings and late nights.
In our restaurant we will prepare a specialist cuisine made up of local dishes made by fresh ingredients from our extensive network of local suppliers.
One of our group members who is a native of Trogir already owns the house which will be used for our business. It is currently being refurbished with all necessary equipment and amenities. All the latest standards of rules and regulations set by local authorities are being achieved.
All of our employees will come from the local area and will have previous experience in the tourism and service industries.
Our advisory board members all have a great deal of experience with service industry in the area. This gives our company an advantage when it comes to establishing a network and acquiring new customers.
To realise our project we require a loan 180,000 Euros. The house will be used as collateral for this loan.
1.1 Business Objectives
Trogir's objectives for the first three years of operation include:
? Providing high quality service to all our costumers
? Create a strong network of local suppliers to our bar and restaurant
? Keeping food cost under thirty-five percent of revenue
? Averaging sales of 330,000 euro for the first year in operation
? Increasing sales by ...