E2 Business Plan from ImmigrationBusinessPlan.com

EXECUTIVE SUMMARY
T
his venture was initiated by James Smith, a
long established Cook Chef in the south of
France. Mr. Smith brings together strong business
acumen, operational managerial skills, as well as
outstanding cooking skills to build French Bakery,
LLC. This new venture is a profitable Kosher bakery-centric
concept store mixing the coffee lounge
experience of Starbucks with the vast array of
French bakery products comparable to the ones
offered by Paul, the leading French bakery chain.
The concept was developed further to extensive
market studies in southeast Florida.
French Bakery, LLC (“The Company”) was incorporated
on May 2, 2007 in the County of Palm
Beach in the State of Florida. It is fully owned
by James Smith, who invested $99,130 into the
Company to fund the venture.
On May 11, 2007, the Company signed a five-year
business lease agreement with Investment Limited
(the lessor) to become a permanent tenant in
the 2,000-sq ft retail space located at 1956 NE 5th
Avenue, Unit 3, Boca Raton, FL 33431. The total
amount due at closing was $65,655.50 including
one month’s rent in advance, two months’ worth of
deposit, and key money.
from the former tenant, justifying a key money of
$50,000. Therefore, the Company has acquired a
turn-key operation with all the required permits, allowing
French Bakery, LLC to be operational from
day one without any further investment or construction
work.
The Bakery is in a prime location in an open plaza
at the corner of the Federal Highway, which is the
busiest street in Boca Raton.
The open plaza anchors both a CVS pharmacy
and a Publix supermarket. As such, it is one of the
most popular open plazas in Boca Raton.
The Company’s activity will be substantial. It forecasts
to open a second bakery in year 3 and enhance
its local exposure. French Bakery, LLC’s
headcount will increase from 10 employees in
year 1 to 29 employees in year 5.
The Company business model is based on four
sub-business models revolving around the bakery
unit.
This space was formerly occupied by a bakery
that closed after two years of operations due to
poor quality of the products offered.
In addition to the lease, the Company has acquired
all the equipment, furniture, and machinery
French Bakery, LLC
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