Hookah Bar Business Plan - 5172 Words

Cowboy HookahTM Business Proposal Executive Summary Cowboy Hookah is a hookah bar concept that will be located in Laramie, WY to serve as an alternative place for customers to relax and enjoy a cultural experience. The focus will be to bring in students from the University of Wyoming and community members as well as young professionals in the area. The bar will be located in downtown Laramie and be managed by a team of four owners. The business will generate revenues through the sale of flavored tobacco, non-alcoholic beverages and snacks. Cowboy Hookah will enter the market with a competitive advantage given that there are no hookah bars in Laramie. Cowboy Hookah projects to†¦show more content†¦Ã¢â‚¬ ¢ Marketing promotion expenses for the grand opening of Cowboy Hookah in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580. †¢ Insurance (general liability, workers compensation and property casualty) coverage at a total premium of $2,400. †¢ Premises remodeling in the amount of $20,000, which, we consider to be sunk costs because it will not significantly increase the value of the property. †¢ Other start-up expenses including stationery ($500) and phone and utility deposits ($2,500). The required start-up assets of $235,000 include: †¢ Operating capital in the total amount of $40,000 which includes cash reserves of $27,000 and inventory for the first two months of operation. †¢ Start-up inventory of $7,657, which includes: o Hookah tobacco - $3,000 o Coffee filters, baked goods, salads, sandwiches, tea, beverages, etc. - $3,450 o Retail supplies (napkins, coffee bags, cleaning, etc.) - $920 o Office supplies - $287 †¢ Equipment for the total amount of $25,000: o Smoking apparatus and equipment - $3,000 o Food service equipment (microwave, toasters, dishwasher, refrigerator, blender, etc.) - $3,000 o Storage hardware (bins, utensil rack, shelves, food case) - $2,720 o Counter area equipment (counter top, sink, ice machine, etc.) - $4,750 o Serving area equipment (plates, glasses, flatware) - $1,495 o Store equipment (cash register, security, ventilation,Show MoreRelatedWhy Smoking Is A Public Health Problem901 Words   |  4 PagesWhy this issue is important to you? Hookah smoking is an issue because it is a socially acceptable way to consume tobacco, especially among young adult, due to its attractive fruity tastes and odor contrary to regular cigarettes. Hookah lounges are a preferable place for many people to smoke, socialize, and in some cases to study. In my opinion the spread of such lounges could increase the number of smokers, not to mention second hand smoking. This is unfortunate, especially with the huge progressRead MoreMy Trip to Amsterdam1435 Words   |  6 Pagesbest of this trip.† I continuously told myself. I stayed up the entire night before my dad’s and my departure. My intentions of this was so that falling asleep on the firm, uncomfortable airplane chair would come at a greater and faster ease. My plan had worked, and after the two and a half hours at the airport and the eight hour plane ride, I had arrived at Amsterdam’s airport with my father, fully rested too. After taking a train from the airport and a tram to the hotel, we finally checkedRead More5 Things Not to Say to Someone Trying to Stop Smoking2714 Words   |  11 Pagesthat the FDA oblige testing in the lab and in creatures, clinical trials with individuals, and post-showcasing studies to check whether any wellbeing issues show up once the items are in far reaching utilization. (Reinberg, 2014) Given the tobacco business overall archived history of despicable behavior, the panel accepts these studies ought to be carried out by autonomous outsiders. The power for this sort of oversight was incorporated in the 2009 Family Smoking Prevention and Tobacco ControlRead MoreThe Holy Land By Titian Gorlin1322 Words   |  6 Pageslistening to the advice of the teacher, Mendy is left puzzled after a five second encounter with Sahsa, a Russian 19-year-old prostitute that he runs into at a bar in Tel Aviv. His first encounter, sent him back the next day with a special gift for Sasha. But outside the club Mendy meets Sasha long time customer Mike who invites him to visit a nice bar he owns in Jerusalem. Thus after convincing his parents that a nice hiatus could rekindle something within his faith (Orthodox Judaism) Mendy moves to JerusalemRead MorePersonal Essay2754 Words   |  12 Pagespersonal essay is so popular, thinking about the other essays I have written and read, using that as a setup for a personal essay describing me, dont start at alarm. It is Monday afternoon, one of the longest days of the week for me. I always plan to do so many things on Sundays it seems, but it also seems I lounge all day or watch reruns of the television show box sets from two years ago. Sundays are hard, they are blinded by hangovers and smelly kitchens filled with empty pots and cans and