Burger House Ltd plans to open a burger restaurant in Karachi offering dine-in, takeaway, and delivery. Market research found youths and families would purchase specialty burgers and sides. The restaurant will be located in DHA Phase V and employ 5 staff, including the owner-chefs. Startup costs of $50,000 for equipment and $20,000 for supplies will be funded by $100,000 from the owners and a bank loan. The business forecasts a net loss in the first year as costs outweigh revenue but aims to become profitable.
Burger House Ltd plans to open a burger restaurant in Karachi offering dine-in, takeaway, and delivery. Market research found youths and families would purchase specialty burgers and sides. The restaurant will be located in DHA Phase V and employ 5 staff, including the owner-chefs. Startup costs of $50,000 for equipment and $20,000 for supplies will be funded by $100,000 from the owners and a bank loan. The business forecasts a net loss in the first year as costs outweigh revenue but aims to become profitable.
Burger House Ltd plans to open a burger restaurant in Karachi offering dine-in, takeaway, and delivery. Market research found youths and families would purchase specialty burgers and sides. The restaurant will be located in DHA Phase V and employ 5 staff, including the owner-chefs. Startup costs of $50,000 for equipment and $20,000 for supplies will be funded by $100,000 from the owners and a bank loan. The business forecasts a net loss in the first year as costs outweigh revenue but aims to become profitable.
Type of organisation Business aim Product Price Costs Market aimed for Market research undertaken Result of the market research Human Resource Plan Details of Business owners Production details and business costs Location of the business Main equipment required Forecast profit Cash flow Finance use Ltd Burger House Ltd Private Limited company To provide high class dine in service, take away as well as delivery serv High quality home cooked burgers,french fries(starters) and ice-cream Average price of Rupees 350 with additional Rs 50 delivery charges. Cost:Rs 190/burger. Youths and the families of the country. Research conducted using questionnaries on the social media and also Youths showed a positive response by telling some special burgers no Five staff(2 chefs, 2 waiters and a delivery boy), the 2 chefs are the bu Mr.Sadiq- chef of 5 years experience Mr.Saad-chef of KFC for the p Main supplier(Dawn Burger Buns and Meat one), fixed cost-Rs 20,000 DHA phase V, DHA, Opp. Dubai Embassy, Karachi(Shop No.117) Second hand kitchen equipment-Rs 50,000, motorbike-Rs 35,000. In the first year of operation-Total cost forcasted:Rs 60,000 with reven Due to high set up and promotion costs there will be a negative cash fl Rs 100,000 invested by both of the owners, request to bank for a furth