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-15- Market Characteristic Population – City/Local Residential population – 1 mile radius Residential population – 3 mile radius Average age Household size Ethnic majority Location traffic count – daily Household income Per capita income Primary diner trait Secondary diner trait MAJOR INDUSTRY BASE Businesses – 1 mile radius Businesses – 3 mile radius Alcoholic Beverage Service Preference 100,000+ 10,000+ 25,000+ 30-35 2.5 OR MORE N/A 20,000 daily 35,000+ 15,000+ Traditional Adventurous health-conscious Tourism Multiple office buildings numerous small businesses Same as above Liquor, beer and wine permitted Location Analysis The location for Blue Fish Grill was selected because of the market similarities that exist between the proposed location and the target market for the concept.. Name Beach House Grill Blue Gill Original Oyster House David’s Catfish House Carraba’s Italian Grill Red Lobster Theme Full service serving seafood and casual fare Full service serving seafood and casual fare Full service serving seafood and casual fare Full service serving seafood and casual fare Full service serving Italian and casual fare - CHAIN Full service serving seafood and casual fare - CHAIN B L D Check Average L,D 10- 18 L,D 12- 20 L,D 12- 20 B,L 10- 18 L,D 15- 25 L,D 15- 20 Blue Fish Grill should be considered unique to its competition because of the uniqueness of the charcoal grilled product that’s offered.. Manager Line Cooks Prep Cooks Dishwashers Servers Bartenders Bussers 1 1 2 3 3 12 3 3 Part Time Pay Range 60,000/YR + EQUITY 2 2 2 8 3 3 -21- 50,000/yr + bonus 35,000- 40,000/yr 7- 10/hr 6- 8/hr 6- 7/hr 2.18/hr 3.50- 5.00/hr 5- 6/hr Training A thorough training program will be adopted for every position in the restaurant.. -28- Invest-ment Role Return on Investment (ROI) Analysis Principal Operating Member Managing Operating Member How man y of each Amoun t of Contrib ution 1 400,000 1 -0- Anticipated Recovery Time on Original Investment 4.5 years N/A Cash Distr
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