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[answered] BeanThru Business Plan Erie PA The undersigned reader ackno


Subject: Business ? Marketing
I need help in writing a marketing business plan and PowerPoint presentation. The instruction are attached below. I also attached the business plan to help write the Marketing Plan and power point. More info can be found on beanthru.com and others related info can be found on dutchbros.com. Please don't take this assignment if you cant finish it or can't do a great job.



BeanThru Business

 

Plan Erie PA

 

The undersigned reader acknowledges that the information provided by Alice Ramsey in

 

this business plan is confidential; therefore, reader agrees not to disclose it without the

 

express written permission of BeanThru associates.

 

It is acknowledged by reader that information to be furnished in this business plan is in

 

all respects confidential in nature, other than information which is in the public domain

 

through other means and that any disclosure or use of same by reader may cause serious

 

harm or damage to BeanThru.

 

Upon request, this document is to be immediately returned to Alice Ramsey. ___________________

 

Signature ___________________

 

Name (typed or printed)

 

___________________

 

Date Executive Summary

 

?If you think coffee culture is cool, you have come to the right place at BeanThru.?

 

BeanTru is apart specialty coffee drive through phenomenon that is new to beverage and

 

food service industry; BeanThru provide the finest gourmet coffee, espresso, cold drinks,

 

and baked items in a convenient and time efficient way.

 

BeanThru is Limited liability Company in the State of Pennsylvania. It is owned and

 

managed by Joy and Joe Rostan; they have plans to expand in Erie and Pittsburgh

 

through licensing or franchising with Alice Ramsey.

 

BeanTru focus on two markets:

 

1. Daily Commuter- someone traveling to/from work, out shopping, or just driving

 

around.

 

2. Decadent coffee Delivery Services at any get-together such as workplaces, job

 

fairs, conferences that requires refreshments to associates, staffs and board

 

members.

 

BeanTru menu offers the finest hot and cold beverages, specializing in specialty coffees,

 

blended teas, and other custom drinks to the local coffee addicts. In addition, BeanTru

 

will provide soft drinks, fresh-baked pastries and other confections. BeanThru pierce the commuter and get-together markets by deploying Drive-thru

 

facilities in the most logical and accessible locations. BeanThru services are

 

manufactured to handle two-sided traffic and dispense customers in less time than

 

required for a visit to the locally owned cafe or one of the national competitors.

 

Since the initial cost is significantly less than many start-ups these days; BeanThru

 

financial picture is incredibly promising. The company is expected to grow sales revenue

 

from $150,000 the first year to $480,000 by the third year. Objectives

 

BeanThru extensions? objectives for the first year of operations are: Provide customers finer quality gourmet coffee espresso beverage than Starbucks

 

in the most efficient time and cost effective way. Gross Margin of 45% or more. Start at least three Drive-thru locations and two fully booked Kiosk Cafes by the

 

end of the third year. Net After-tax Profit above 18% of Sales Mission

 

BeanThru provide quality coffee, expresso and an extensive menu of delicious items to

 

the commuter with hectic life styles and the coffee fanatics. Also, BeanThru offers to

 

deliver specialty coffee, and products to any get-together or meeting. BeanThru plan to

 

expand throughout the State of Pennsylvania with operation and growth at a profitable

 

rate through sound economic decisions. Business Description

 

BeanThru is custom built 10?x18'- 350-450 square feet with two drive-thru windows.

 

BeanThru offer customers the options to drive up and order a choice of unique freshly

 

brew custom blended expresso drinks, coffee, other beverage, and at a fraction of time

 

than any competitors. BeanThru menu include but limited to: Almond Latte,

 

Mocha, Caffe

 

Latte,

 

Cappuccino,

 

Espresso, Cafe

 

Au Lait, Hot Chocolate,

 

Chai & Tea,

 

Fruit

 

Smoothies,

 

gourmet

 

coffees, Aromaccino,

 

Blended

 

Coffee

 

Smoothies,

 

bagels,

 

muffins, cookies,

 

breakfast

 

sandwiches &

 

breakfast

 

burritos,

 

oatmeals, biscottis,

 

granola bars

 

and more!

 

Vegan &

 

gluten-free

 

options available; we

 

also carry soy

 

milk & almond

 

milk Company Summary

 

BeanThru is Limited liability Company in the state of Pennsylvania. It is located at 4221

 

Ohio River Blvd, Pittsburgh, PA 15202; it is owned and managed by Joy and Joe Rostan

 

since 2011. Joy Rostan has extensive knowledge and experience of gourmet coffee

 

business. She has helped others starting numerous coffee shops, before opening her own.

 

BeanThru is a double-sided drive thru coffee kiosk featuring the most carefully selected

 

food and drinks. Joe and Joy Rostan are currently offering licensing or franchising

 

opportunities to Alice Ramsey in Erie and Pittsburgh PA and possibly more locations. Future Goals

 

BeanThru in Erie anticipates sales of about $100,000 in the first year, $250,000 in the

 

second year, and $480,000 in the third year of the plan. The company should break even

 

by the sixth month of operation as it progressively increases its sales. Profits for this time

 

period are expected to be approximately $30,000 in year one, $56,000 by year two, and

 

$70,000 by year three. The company does not anticipate any cash flow problems. Start-up Summary

 

BeanThru estimates that the total Monthly Start-Up Costs to be $30,000. Therefore, the

 

total Start-Up Costs for the Start-Up Period will be $175,000. BeanThru start-up

 

expenses are shown in the table below. The majority of these funds will be used to build

 

the first facility, pay deposits, and provide capital for six months of operating expenses,

 

initial inventory and other one-time expenses. Company Location BeanThru will open its first extension drive-thru facility in Erie PA; more drive-thru

 

facilities will be placed throughout the metropolitan area over the next three years.

 

The demographic and physical requirements for a Drive-thru location are:

 

?

 

Traffic of 40,000+ on store side.

 

?

 

High visibility road.

 

?

 

Easy entry with light if less than 30,000 cars.

 

?

 

Established retail shops in area. Market Analysis Sales of coffee dominate sales of hot beverages, making up 83.3% of the total hot

 

beverage market in the U.S. Coffee consumption is expected to increase through

 

2015 at an average annual rate of 2.7%, while tea consumption is expected to

 

increase through 2015 at an average annual rate of 3.1%. Positive expectations for

 

continued growth in coffee sales, despite its ?mature? product position in the

 

market, are due to the innovations in premium coffee products.

 

According to the latest National Coffee Drinking Study from the National Coffee

 

Association, 40% of 18-24 year olds are drinking coffee each day ? this is a

 

sharp rise from the 31% of this age group who said they enjoyed a daily dose of

 

java during 2010. This increase brought the consumption of coffee among this age

 

group back to its 2009 level.

 

Despite the economic woes, 37% of total coffee consumed was classified as

 

?Gourmet.? National Coffee Drinking Study This suggests consumers were set on

 

drinking good coffee and visiting their local coffee shop even in the face of an

 

uncertain economy.

 

Coffee Shop owners are also having some success selling the instant serving pack,

 

and there seems to be considerable upside potential: only 2% surveyed reporting

 

using the packs regularly, while 10% said they buy it infrequently.

 

Packaged Facts also notes an increase in the average price of coffee by 25% since

 

2007, owing largely to operators having to pass on commodity price increases to

 

consumers. This trend has eased after peaking in early 2011.

 

Coffee drinkers still outnumber tea drinkers in the U.S.: 183 million coffee

 

drinkers to 173.5 million tea drinkers. In 2012, combined sales of coffee and tea at

 

restaurant and drinking places is estimated to total $18.7 billion, according to

 

David Sprinkle, publisher of Packaged Facts. This February 2012 report also

 

notes strong increases in demand for specialty coffee drinks (cappuccinos, lattes,

 

Americanos and Macchiatos), with Macchiatos surging in popularity (as measured

 

by market penetration) by 50% since 2007 (from Data essential Menu Trends

 

Direct data). Competitions

 

Starbucks, Tim Horton, Brickhouse Coffee, and Panera bread constitute the competitors

 

in BeanThru market. However, BeanThru is entirely different from its competitors; not

 

only it will be the first double-sided, drive-thru coffee stand in Erie PA; but also offers

 

consumers a quick, convenient, fairly priced, quality refreshment, gourmet coffee that

 

will allow them to purchase the product and return to work, class, or other activity.

 

Therefore, BeanThru permits consumers to have new, better, and fast options than the

 

crowded slow moving competitors. BeanThru Marketing Strategy

 

BeanThru is already established and very profitable in Pittsburgh PA; there is no doubt it

 

will be succefully in Erie, and other locations. This will be achieved by using highquality ingredients and by strictly following preparation guidelines of Joy Rostan.

 

BeanThru in Erie PA will focus the following marketing activities: Use signs to help advertise customer favorites, current specials and seasonal

 

treats, such as pumpkin latte. Located in in high traffic/high visibility areas Target the traveler who has more money than time, and excellent taste in a choice

 

of beverage, but no time to linger in a cafe. Reward customers with spread positive word-of-mouth by rewarding your loyal

 

customers with perks, such as a free cup of coffee or complimentary travel mug

 

after a set amount of purchase. Create a social networking following by setting up a Facebook and Twitter page. Affordability- the premium decadent coffee or tea beverages, and baked goods in

 

the area at lower cost than any competition. Promotion campaign at the local Radio Station. Management and Operation

 

BeanThru in Erie PA will be managed and operated by Alice Ramsey under guidance of

 

Joy Rostan. Alice Ramsey has excellent management experience in starting and

 

expanding businesses. Also Joy Rostan will provide extensive training to all Baristas

 

including me on how to make BeanThru coffee decadences.

 

BeanThru extensions intend to hire two full-time and three part-time baristas to handle

 

day to day operations. BeanThru extensions will open 365days a year; from 0530am to

 

0700pm with half day of operation during on Thanksgiving and Christmas. Finance and Fund Requirement BeanThru extensions will capitalize on the strong demand for high-quality coffee, tea,

 

and baked items. With successful management aimed at establishing and growing a loyal

 

customer base, the business will see its net worth doubling in two years.

 

BeanThru in Erie will rely on business loans, minority grants and any kind of support for

 

woman entrepreneur.

 


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