Includes market analysis, strategy, more. This growth is encouraging to Nudlez, which through the use of its NVU’s and its other competitive advantages will gain broader exposure. We alluded to this earlier as the 'high-level overview.' Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A unique system for NVU and store restocking, the Nudle-Rac is currently under design. High gross margins on meal products, which can be maximized by negotiating bulk purchase agreements with wholesalers. Compared to the meals offered by competitors, Nudlez offers a fresh, tasty, nutritious alternative. Nudlez, a Washington Corporation, is in the fast-food service industry. Your target market should be identified. The meals are provided to the consumer initially through mobile Noodle Vending Units (NVU’s), which provide widespread point of sale coverage. Once brand recognition has been achieved, catering services will be offered, and the Nudlez products will be available in supermarkets. smoothies and drinks, which offers a fresh and healthy alternative to the major players’ product. GET EDITABLE TEMPLATE . 2019 Business Plan PowerPoint Templates: This template was designed with the 2019 Business Plan presentation as the theme. The principal product of Nudlez is fast-served, quality, Asian-styled individual meals. Nudlez is a globally transportable business. So, if you aim to build a fast-food restaurant in New York, then you need to talk about the market share of existing players, how that's changed over time, and their current pricing. Nudlez has the ability to match the ravenous need for convenience with the utility that modern, fast paced lifestyles drive. See this sample personal fitness business plan to get started. Bill graduated his MBA with High Distinction in 20XX. These ranged from establishing critical engineering support facilities for the UN in Bosnia, to expending Shell’s retail network across Eastern Europe, to property development ventures in Romania. See our User Agreement and Privacy Policy. The possibility of trade acquisition or merger also exists. See our. See how you can start your own retail bike shop! Starting a Small Business – A Complete Guide with Templates and Tools. 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. Contractor or Permanent Employee: Which is Better for Your Business? How to Write a Restaurant Business Plan? We'll take you through some of the finer points behind this endeavor and how you can prime yourself for success. Anvay G Pandit 1RV10EC019. Avinash Kumar 1RV10EC025 The owners have significant experience in: the hospitality industry, advertising, and business management. Focus also on rapid growth and securing prime sites in target markets, NVU restocking logistics is being addressed through NVU design, which ensures breakeven results for a day’s trade without restocking.
For large catering events, support vans will provide additional pre-stocked Nudle-Racs to onsite NVU’s. The meals are based on a central theme of noodles, but have a flexible degree of customization to suit the purchasers’ tastes. It is designed to be versatile for use in just about any place where it is legal to sell food from a temporary stall. This will be overseen by our master-chef teams, adhering to strict health regulations.
Realizing the opportunity to seize a market niche through rapid expansion, the inventor also joined forces with an experienced international business team to develop and implement that initiative.
It's necessary to have a rough outline of your target market which includes demographics, incumbents, and its overall size. Download our free marketing plan example to create a detailed plan for your business. The funds will be used primarily for the completion of one central and five suburban meal production facilities. Nudlez will require $1,500,000 from an investor. This customer will be served at both the supermarket (DIY) and event catering levels.
Lower capital costs and overheads and high margin unit sales through broad exposure. Shortly after growing the brand awareness, as part of the Nudlez rapid growth plans, franchisee customers looking for a self-employment opportunity providing good income relative to the hours worked will be targeted. The range of competitors here spans the market dominants like McDonalds, to sandwich and sushi bars, to ‘vendor’ foods like kebabs. The company currently operates 16 stores in the Pacific Northwest. Twitter. The lack of speed in the fresh cooked Asian fast food market is emphasized by another competitor, ‘Hot Wok’, offering noodle-based meals in the Sea-Tac International Airport, where a sign on the counter informs consumers that meals may take up to thirty minutes to prepare. No business can operate without a healthy amount of initial and working capital. 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. Today the contemporary food outlet must maintain its appeal within an increasingly health-conscious market. From there he traveled overseas working in such places as the UK, Bosnia (during the war), Romania and Holland.
NVU production will be outsourced to a manufacturer in Seattle and has been estimated at $12,500 per NVU. Alternatively, redemption can be done at this time providing a return of $3,450,000 (2.3 times investment), equating to a compound annual return of approximately 32%.