Papa Geos

* 2.0 Sales Forecast
2.0 Sales Forecast

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* The fol clinical depressioning is a five course of instruction gross gross revenue forecast for Papa Geos eating place.
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2.1 Sales Forecast
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* My projections for sales are as follows:
* | * Year 1| * Year 2| * Year 3| * Year 4| * Year 5|
* Sales| * 875,000| * 901,250| * 928,288| * 956,136| * 984,820|
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* During the first year, we will be getting the restaurant up and running and I estimated $875,000 in sales, including both sales from dining and entertainment. Each year I expect a growth of 3% as a result from increase customer awareness of the product as well as population growth. Profitability should be achieved starting year 2.
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2.2 Methods and Assumptions
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* When creating these forecasts I did research on economic conditions and other businesses that are alike(p) to our restaurant model, as well as some of my let personal knowledge of business trends. I started out researching a similar company, CiCis Pizza. From their website I gained some insight as to what kind of volume we might expect.



From their franchising information I anchor out that the bonnie volume for one of their restaurants is between 925,000 and 975,000. As a startup business without the marketing and resources that a chemical chain offers I aimed lower initially but looked to build to this range.
* I arrived at 875,000 for the initial year by taking into amity sales from dining and entertainment. The Business profile mentioned that the average family coat was 4 people and that the average family spends on average $4 on tokens. So as an average, for every 1 sideboard purchased $1 was spent on tokens, which lead me to calculate the average customer spending $8 a visit. I took the 925,000 (the low end) of the CiCis pizza average and divided it by the footing of their buffett, $5, and then divided that by 365 to see how many customers per solar day they served. The figure I got was apx...If you want to get a rich essay, order it on our website: Orderessay



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