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Restaurant for sportspersons and athletes

Nguyen Phuong Anh Luong, Nguyen Thu Thao, Le Quynh, Le Sy Hoang, Pham Hong Quang & Phan Cong Quy
Chapter 5
ISBN:

978-621-96810-0-1

Business Highlights
Type of business: Food and Beverage

Start-up cost (range of capitalization): $15000 to $20500

Projected annual range of net profit: $4108.77 – $102827.99

Payback period: 1 year and 3 months

Selling/Service price range: $1.20 to $4.90 per meal

Marketing strategy: Social media page, loyalty program, collaboration with sports events

Suggested form of ownership: Partnership or corporation

Required assets: kitchen equipment, materials and supplies

Required number of staff: maximum 7 at start-up

Competitive advantage: The business gathers customer feedback, evaluates consumers’ nutrition recommendations, and tracks market trends. The menu is regularly updated with new items to satisfy the dietary requirements and appetites of a wide variety of consumers.

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Cite this chapter:

Nguyen Phuong Anh Luong, Nguyen Thu Thao, Le Quynh, Le Sy Hoang, Pham Hong Quang & Phan Cong Quy (2024). Restaurant for sportspersons and athletes. In: T.L. Tan & J.C. Ines (Eds). Business Ideas (pp. 141-175). Institute of Industry and Academic Research Incorporated. https://doi.org/10.53378/04.24.006

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