Burger Restaurant Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Burger Restaurant Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Burger Restaurant business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be available for download after your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
People love burgers, and burger restaurants have remained one of the most popular forms of eatery within the United States over the past 100 years. In fact, many bar and grill restaurant and related types of eateries often feature burgers as their primary item. It is embedded in the American culture. These businesses typically remain popular even during times of economic recession given the moderate pricing points associated with the sale of this type of cuisine. The startup cost associated with a new burger restaurant can vary greatly but usually these businesses have a startup cost ranges anywhere from $100,000 to $300,000 depending on the location, whether or not real estate will be purchased in conjunction with the business launch, and how many employees will be at the restaurant at the onset of operations. The gross margins generated from the sale of a burger is typically around 70% and beverage sales typically range anywhere from 70% to 90% depending on whether or not alcohol is served on the premises. One of the ways that many burger restaurants will seek to have their revenues expanded greatly is by offering an expansive bar. A qualified attorney should be consulted as it relates to the acquisition of a liquor license in any given state given that these prices can vary greatly. It is not uncommon in certain jurisdictions that have a liquor license cost more than $200,000, although in some places the fees can be as little as $2,500.
Given the economic security as well as the large amount of assets that are purchased in order to develop a burger restaurant, most financial institutions are willing to provide a small business loan for this type of venture. Of course, a burger restaurant business plan is going to be required. This business plan should feature a three-year profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. Among restaurants within the United States, more than $700 billion of revenue is generated each year among more than 2 million businesses. The industry employs 14 million people.
An expansive demographic analysis should be developed in order to specifically target people that frequently go to restaurants. Although the vast majority of Americans enjoy a hamburger from time to time, it is imperative that the entrepreneur develop this profile so that can be used in conjunction with the company’s marketing plan. Frequently, his full-scale competitive analysis is also developed in order to ensure that the business is not launching its operations in a heavily saturated market. One of the things is often discussed within the competitive analysis is how the burger restaurants operations will be different from that of other companies within the target market. Given the ubiquitous nature of this type of cuisine, most entrepreneurs that want to start this type of business typically need to find a way to differentiate themselves from other restaurants within the target market.
A burger restaurant SWOT analysis typically developed as well. As it relates to strengths, burger restaurants are always able to produce high-margin revenues from the sale of hamburgers to the general public. The low pricing point provides for a substantial amount of economics thing power.
For weaknesses, there are always a substantial number of competitors in any given market that provide very similar products. There are often unofficial competitions among these restaurants to determine who has the best burger. As such, a strong marketing plan needs to be developed for this type of company.
For opportunities, many burger restaurants will develop an associated mobile food truck that allows the business to make sales from outside of their retail location. This can be a very strong investment for these types of businesses given the fact that they will frequently attend food fairs, tradeshows, and other events worth thousands of people will see the signage affixed to the mobile food truck on a regular basis. Is not only increases sales but also boosts the visibility of the business significantly. Some burger restaurants will also develop on-site catering operations.
A major economic recession could impact the amount of sales that are made given that people may pull back on enjoying food from outside of their homes. However, the low pricing point associated with burgers, fries, and related beverages is low and only a severe economic recession would cause an issue for this type of business.
A burger restaurant marketing plan should also be developed in order to ensure that people can find business quickly. Foremost, most people at start this type of restaurant frequently will seek to acquire a highly visible retail location it will be seen by thousands if not tens of thousands of people on a daily basis. Most importantly, expansive signage should be attached to the burger restaurant in order to drive initial traffic. Prior to the onset of operations, many entrepreneurs will distribute flyers for free or heavily discounted food in order to have people come to location to try the offerings.
A presence on the Internet is absolutely mandatory for this type of business has many people especially tourists will seek to use their mobile devices and computers to find eateries. The company should have a mobile friendly website that is listed among all major search engines. Additionally, many entrepreneurs will seek to have e-commerce driven functionality implanted into the website so that people can place orders directly for food through the Internet. This is especially important if there’s going to be a substantial amount of volume during busy lunch and dinner hours. This type of e-commerce functionality, while slightly expensive, can provide users with a great degree of convenience as it relates to placing their orders. The company’s website should be listed among the social platform as well including FaceBook, Twitter, and Instagram for photos. Many of these social media platforms now allow for reviews to be left for any restaurant that they have been to. Over time, a strong number of reviews can drastically boost the reputation of the business. Many burger restaurants will also maintain profiles on popular food review websites such as Yelp and TripAdvisor.
Burgers are a ubiquitous form of cuisine within the United States. These types of food products will continue to remain popular and an entrepreneur that has extensive experience in the food service industry can develop these businesses to enjoy a substantial degree of profitability. These businesses can be readily expanded by not only integrating mobile food operations and catering operations, but also by establishing subsequent locations in other target markets.