Business Plan for Bar and Grill

Business and Society

Professor Erwin

December 11, 2008

Players Bar and Grill

Business Plan

Executive Summary

This business plan is a proposal for the opening and start-up of Players Sports Bar and Grill. Players will move into an abandoned building, which is located in Hartford, Connecticut on Allyn Street, which is the center of night life in Hartford. This is the best location for success as well as growth because of the many major highways nearby, such as I-384, I-84 and I-91, which facilitates easy access. We feature a high quality menu at very competitive prices, featuring over 50 beers with 30 on tap, including local domestic, microbrews and foreign drafts as well as an array of wines along with ultimate mixed drink specials. The entertainment equipment we will provide is the most superior currently on the market, including 70” plasma television screens, karaoke machine, pool tables, dart boards, a stage for live entertainment and comedy as well as our “Virtual Reality Sports Center” (VRSC). To encourage our potential customers to give us a try, local radio stations and television broadcasts as well as professional athletes will hold promotions. Player’s is 25,000 square feet with abundant parking spaces. Marketing will be conducted through television commercials, radio advertisements, ad’s in the newspaper and fliers in mailboxes.

In order to successfully start up the Players Bar & Grill business, we will invest fifty percent of the necessary start up costs, with each owner contributing 12.5 percent of the initial investment. The other fifty percent of the start-up costs will be funded through business loans, which will be obtained without a problem through the stakeholders exceptional credit ratings.

Business Description

Our team of entrepreneurs, whose creative ideas came up...