Transcript Intro
It’s Monday… ... Dinner Accomplished Monday Tuesday Wednesday Thursday Friday Eva’s Edibles 1. Eva cooks it • Consult, customize, and cook 2. You heat it up • 15 mins in the oven, that’s it! 3. Enjoy! • ‘Nuff said… Business Model Value Added • Time saved • Money saved • Customized, gourmet meals 5 nights a week! Definition of One Unit Cooking 5 dinners for a client Economics of One Unit $325.00 Selling Price Cost of materials Cost of labor Other variable costs Total COGS/ COSS Contribution Margin $100.00 150.00 4.00 $254.00 $71.00 Monthly Break Even Units $493.00 = 6.94 ≈ 7 units $71.00 Market Analysis Market Statistics Industry Name: Personal Chef Service Annual Industry Sales: Description of Target Consumer Demographics Professional couples and families with household incomes of over $50,000 Geographics Greater Columbus, Ohio, area Psychographics Buying Patterns • Desires healthy food • Hardworking, dual-income households with hectic lives • Would like to spend more time at home • Doesn’t have time or energy to cook and clean regularly • Eats out 4 or more nights per week • Would like to reduce the cost of eating out $32,000,000 Target Market Size Total population of targeted geographic area 301,800 Population of target market 110,760 Market size (based on survey) 27,690 Marketing and Sales 1. Company Website 2. USPCA Referral Website 3. In-Store Promotions 4. Promotions at Local Events 5. Loyalty Benefits Competition Direct • 15 personal chefs in Columbus area Indirect • Established restaurants (dine in & fast food) Why Eva’s Edibles? 1. Customized menu 2. Health conscious 3. Certified by USPCA 4. Competitive pricing Qualifications • Associate’s Degree in Business Management • Assistant to the Director of Campus Dining Services, OSU • Founder, Eva’s Entertainment Services • Certified Personal Chef (CPC) by the U.S. Personal Chef Association Projections Total Units Gross Revenue Net Profit 252 $81,900 $10,180 Units Sold 23 21 19 17 15 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Investment Opportunity Materials needed Victorinox Swiss Army Cutlery Set (8 piece) Anolon Nouvelle Copper Hard Anodized 10-Piece Cookware Set Misc cooking equipment Spices, oils, etc. Wheeled cart Total Startup Expenditures Cost $618.00 450.00 305.00 100.00 269.00 $1,742.00 Emergency Fund Reserve for Fixed Expenses 871.00 1,479.00 Total Startup Investment $4,092.00 $10,180 $81,900 = 12.4% ROS $10,180 $4,092 = 249% ROI Thank you for your consideration