Don Palmer
Knoxville, TN (USA)
Role(s):
Founder/Owner/Principal
Mama MaeBelle's
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Startup
Location:
Knoxville
Industry:
Food Service/Restaurant
Year Founded:
2008
Number Employees:
1-10 people
Description:
Mama MaeBelle's is a full service sitdown restaurant featuring Appalachian-style country cooking directed at a wide-range blue collar/white collar worker clientle. The restaurant serves breakfast and lunch and is open Monday through Saturday from 5:30 a.m. until 3 p.m.
Breakfast prices will range from $1.99 to $6.99 and will feature egg dishes, sausage, bacon, ham (smoked and country), pork tenderlon, biscuits, gravy, potatoes. and grits. Lunch will range from $1.99 to $8.99 and will featured conuntry cooking comfort foods such as roast beef, roast pork, chicken, meat loaf, stuffed peppers, chicken and dumplings, gravy, biscuits, corn bread, yeast rolls, "scratch" prepared fresh seasonal vegetables, in-house prepared pies and cakes.
At such time as revenue available for debt service and profit reach a $400,000 figure, meal service for Dinner from 5 p.m. until 9:30 p.m. and a Sunday Brunch from 10:30 a.m. until 2 p.m. will be added for evaluation regarding financial feasibility.
First year operating income should reach $90,000 per month; or $1,080,000, allowing a return on investment of at least 15%.