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RUBEN JAMES Bar

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Corner of Main & Church Street 'the heart of the college bar-hopping scene' September 1st, 2001 ... Music. Dancing. Pricing Strategy ' ... – PowerPoint PPT presentation

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Title: RUBEN JAMES Bar


1
RUBEN JAMES Bar Nightclub
  • Owner Michael Hass
  • SIC5813
  • NAICS722410

2
Location
  • 159 Main Street Burlington,
    Vermont
  • Corner of Main Church Street
  • the heart of the college bar-hopping scene

3
September 1st, 2001
  • Opening Day
  • Full Service Bar and Night Club
  • Daily Drink Specials
  • Daily Entertainment

4
Our Customers
  • 21 years old
  • College Students
  • Drinking
  • Socializing
  • Music
  • Dancing

5
Pricing Strategy
  • Maintain prices at a level consistent with
    competitive activity and the market place
  • BEER 1-3.50
  • WELL DRINKS 3.50-4.50
  • NO COVER CHARGE

6
Marketing Channels
  • Seven Days
  • Fliers
  • Word of Mouth
  • Promotion

7
Operations
  • Employees
  • Duties and Responsibilities

8
RJs Floor Plan
  • Entrance
  • Front Window
  • Bar
  • Dance Floor
  • DJ Booth
  • Restrooms

9
Pre-Business Purchases
10
Year One Forecast
  • First Years Sales based on
  • 70 occupancy Weekdays
  • 98 occupancy Weekends
  • 9.35 per customer, per visit

11
Financial Ratios
  • Return on Assets .18
  • Gross Profit Margin .737
  • Break-Even Quantity
  • BEQ Sales, 1,673,628
  • BEQ People, 178,997
  • BEQ Days, 1,967
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