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On behalf
of our team at CreditSunrise, we would like to thank our customers,
advisors and visitors from Montreal, Quebec, Canada.
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Montreal residence represent a significant number
of our customers, readers and advisors.
We present this sample business plan as our
way of saying "thank you".
The following is a fictional sample business
plan for a new, start up restaurant in Montreal. Contact
CreditSunrise for more details or a quote to help write your
a business plan.
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Sample Business Plan page 1
EXECUTIVE
SUMMARY
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CreditSunrise Fictional restaurant is a new restaurant located
in Little West-Side, Montreal. Situated at the corner of Main
and Fourth Street, it is located in the newly renovated section
of this highly vibrant and enchanting strip. City.com describes
Little West-Side as " one of the trendiest and friendliest
Neighborhood in Montreal. Clearly eclectic, always warm and
inviting, Little West-Side nightlife is second to none."
In the midst of a diverse mix of Italian restaurants,
trattorias, and coffeehouses, CreditSunrise Fictional will
be the restaurant/lounge/live music venue. The restaurant,
renovated from an old Hall owned by The International Veteran's
Association , has two large levels (main floor and basement),
a balcony, and the potential for a side patio. The venue will
seat 63 comfortably and is modular depending on what is taking
place. The main floor has one of the only stages left in the
area (they are by-law out of existence) which will highlight
the singers and bands that make their way to CreditSunrise
Fictional. As a restaurant, the menu will be Mediterranean
with an emphasis on seafood.
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The Main Avenue area (Little West-Side) has been in the press
recently as the trendiest area in Montreal. It provides the
Main Avenue inhabitants and tourists with fine food (renowned
cafes/trattorias/bars), coffee, both live and DJ music, and
a wide array of shops. Many of the owners know each other
and provide an atmosphere of camaraderie. Demand by business
owners and homeowners to enter this community can best be
described as intense with vacancies at 0.5%. CreditSunrise
Fictional ownership have negotiated a modest property; securing
an exceptional lease of $10.00/month for this 6000 square
foot venue.
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CreditSunrise can help write your business
plan
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Two equal partners own CreditSunrise Fictional: John Smith
and Sam Jones. John Smith, owner of Country Diner and previous
owner of Club 1 (another Main Avenue restaurant) will be running
this venue full time. His extensive restaurant experience
is invaluable and he is bringing in many people that previously
had worked with him including one of his previous chefs to
lead the kitchen staff and aid with catering and one of Country
Diner's top waiters. The other owner, Sam Jones, will be managing
the floor full-time (he presently owns a construction company
in Northern Montreal). Both John and Sam grew up and now live
with their families in the area and have developed strong
relations with key contacts in the community such as John
Jackson, City Councilor and Lenny Simpson, President of a
local Radio Station K-102 and C.E.O. of the Montreal Business
Improvement Association. They are familiar with the businesses
and competition as well as with the clientele.
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Presently, a reservation at a Main Avenue restaurant requires
making contact a week in advance. Even with two seatings per
evening, there are regular lineups with neighboring restaurants
benefiting from some of the overflow. Surrounding restaurants
will take some of that overflow and more if the food and entertainment
are right. Besides The Ross Room (which seats less than 100)
and Bar Italo , there isn't a place to "hang out"
after dinner. With CreditSunrise Fictional, there will be
live music of a jazz and blues nature brought in every weekend
along with dinner. The patio will be open by this summer.
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CreditSunrise prepares financial projections
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CreditSunrise Fictional restaurant seeks $100 in a
Government Guaranteed Term Bank Loan to assist in the
project costs of $95.00. This includes the purchase
of fixed assets in the amount of $50 and leasehold improvements
in the amount of $10. The owners have injected $60 in
funds over the past six months to renovate the building.
We conservatively project sales in the first year at
$40 resulting in an estimated $30 net profit after all
taxes and expenses. The cash flow shall be the primary
source of funds to cover the monthly bank interest and
loan payments. CreditSunrise Fictional requests standard
loan collateral over the assets and personal guarantee
and postponement supported by the net worth of the owners.
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The above sample business plan is intended
for reference only with all information fictional. Contact
CreditSunrise for more details.
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