1.6 FINANCIAL PLAN Nudlez has strong financials, and is always cash flow positive.Revenues are projected to grow to nearly ,000,000 by Year 5, with EBITDA totaling ,000,000.
1.6 FINANCIAL PLAN Nudlez has strong financials, and is always cash flow positive.Tags: Using Brackets In Formal EssaysThesis Data Analysis ServicesApa Unpublished ThesisPersuasive Argumentative EssaysCollege Paper Writing ServicesAll Quiet On The Western Front Essay
1.4 STRATEGY & IMPLEMENTATION Nudlez will build brand recognition through its Noodle Vending Units being placed strategically throughout large cities’ business districts.
Once brand recognition has been achieved, catering services will be offered, and the Nudlez products will be available in supermarkets.
1.7 FUNDS REQUIRED & USE The purpose of this business plan is to raise $1,500,000 from an investor, in the form of a convertible and redeemable note, providing a 32% compound annual return. They have already spent over $75,000 in direct costs of product testing and development, and will commit a further $200,000 in 20XX, prior to funds being required from the investor.
Nudlez is committed to the rollout of its ‘wok-fresh’ fast food business in 20XX. Both owners will each hold two voting rights on the Board with the investor holding one.
2.1 LEGAL ENTITY & OWNERSHIP Nudlez is trademark registered. was incorporated in the State of Washington in March 20XX. 2.2 HISTORY After running two successful Thai restaurants in Seattle for five years, Dan Billings spent most of the past two years in Thailand looking at business opportunities.
While living there he ate almost exclusively as the locals did, from street vendor food outlets.
The founder previously owned two very successful Thai restaurants in Seattle but grew tired of paying exorbitant rent hoping customers would turn up each night.
His Nudlez concept takes the product to the street!
For a start, shop fronts in good locations are expensive.
The key to making such a venture successful domestically would be to ensure that the vendor outlets are very hygienic, comply with health standards, serviced by an efficient re-supply network producing consistent meals, with professionalism and quality paramount.