Feasibility study for restaurant

The study will present.

1.Market Analysis

   Study the local market: Analyze the demand for fish restaurants in the target area.

   Competition analysis: Study the main competitors and their strengths and weaknesses.

   Identify the target audience: Determine the age range, income, and geographic location of your potential customers.

2. Business plan

   Restaurant vision and mission: Define the main goal of the restaurant and the values on which it will be based.

   Description of the service: Details about the types of fish and seafood dishes that will be served.

   Additional services: Providing additional services such as home delivery or special events.

3. Operational plan

   Location and location: Choosing the optimal location for the restaurant based on market analysis.

   Equipment and equipment: Identify all the equipment and fixtures needed for the restaurant.

   Personnel: Determine the required number of employees, their skills, and their salaries.

4. Financial plan

   Establishment costs: Estimate the costs associated with setting up the restaurant, including rent, equipment, and licenses.

   Operational costs: Estimate the monthly costs of running the restaurant such as salaries, raw materials, and utility bills.

   Projected revenue: An estimate of monthly revenue based on market analysis and target audience.

   Break-even point: Determine the point at which revenue covers operating costs.

5. Marketing plan

   Marketing Strategy: Develop a comprehensive marketing plan that includes digital marketing, traditional advertising, and promotions.

   Online presence: Create a website and social media pages to promote the restaurant.

   Collaborations and partnerships: Establishing partnerships with delivery companies and fish suppliers.

6- A Word document consisting of (30-40) pages will be delivered