karl williams
Brooklyn, NY (USA)
Role(s):
Active Funding Request
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reggaePot Int Corp
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Startup
Location:
Brooklyn
Industry:
Food Service/Restaurant
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"S" Corporation
Description:
Creatve idea for a Quick Service/takeout Grill; serving Authentic Jamaican Cuisine and Beverages; I have tried a partnership previously for this very concept and was ripped off twent thousand Dollars by a previous partner.
Now I have TenThousand invested in this venture;viz Corporation formation,4 burner industrial stove, two top bainMarie,Utensils, Plates, Siverware, linen Napkins,Biz Plan,Miscellanenous pieces, Surveys.
I have twenty Years Food And Beverage Knowledge,Experience,in Restaurants and Hotel Food Service background, QuickService/Full Service,Family and Theme Restaurant Management.Trained Hotel Manmagement.Chef,Gourment /Tableside cooking, Chef.
Been wanting to operate a restaurant of my own;intended franchising in three years; expanding to 50 states to 300 Units in 10 years.
Pricepoint on Lunch US$7.00; Dinner pricepointUS$ 10.00,
Concept Jamaican Jerk Chicken;Jerk Pork, Pulled Pork Sandwiches on Coco Bread/Harddough Bread, coconut water,Carrrot Juice,Sorrel, Curried Mutton, Oxtails;(Limited But prepared Fresh Daily.)Jamican Market/Caucasian/Hispanics/African American Clientele.(Picture a mesquite flavored Meats, however it will be west indian/east indian spices.Meats are marinated an average of 4 hours before slow roasting.Fall off bones?)
Sited vacant Restaurant /StoreFront in Carle Pcae Long Island; already has Restaurant equipment in position.Located iopposite a mall in construction.(Mall Opening spring 2012)
Intended hours 10am to 12 midnite (6days weekly); with option of operating 24/7 in 6 months.
I will be headcook/bottle washer/my wife the baker/incharge of foh(servers/payroll/office work).plus 2 cooks and 2 utility/delivery/gofos.
Daily covers 500 ;;weekly covers 3000; monthly covers 12000; yearly covers 144,000....
Average split 70/30.(70% Lunch /#0% Dinner)
Sales per Day US $3950....per weekUS$23700.....permonthUS$94800.....per yearUS$1,137600.
Gross operating cost/COGS 55 % of sales
Net operating income 25 % of sales
In search of an Angel Investor who can back me 90% .
Seeeking initial investment of US $ 240,000
Investor returns,plus 45% of Corporation,stocks ,net profits.
Who wants to take the plunge? let us grow together.
When you are ready to talk seriously, contact me @karlkwiliams@aol.com