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FastCeviche Final Presentation Patricia Silva Javier Verme November 2006 BAEN 580B
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The Project Restaurant Chain Peru Specialized in Ceviche Fast Food concept
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Ceviche 1 of the 3 favourite dishes In the same way Americans eat hamburgers, Peruvians eat Ceviche (Acurio, 2006) Characteristics Cold fish salad Effect of key lime on fish
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The Problem Top priorities of potential customer Cleanliness & Freshness Price (S/.) 2519 15 10
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The Problem Available options Price (S/.) Cleanliness & Freshness 2519 10 Opportunity A B 15 C D
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The Problem Why? Business Model of traditional cevicherias Food SuppliersKitchen RestaurantCustomers Food SuppliersKitchen RestaurantCustomers
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The Solution FastCeviches Business model Opportunity Food SuppliersKitchenRestaurant Customers Delivery Food SuppliersKitchen RestaurantCustomers Food SuppliersKitchen RestaurantCustomers
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Serving Area Small Kitchen Customer Area The Restaurant
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Cold / Raw area Warm / cooked area Working table Pans The Kitchen Centralized KitchenSmall Kitchen
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The Market DistrictRestaurantsCevicheriasFast Food La Molina3584 Surco831412 San Isidro10110 Miraflores1561812 TOTAL3755038
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The Market Demand estimated by experts 40-250 Capacity 15 seats / ½ hr x 5 hrs = 150 / day TARGET PER RESTAURANT 50 customers / day achieved in the 6 th month Rapid expansion
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Financials - Income
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Sensitivity Analysis
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Cash Flow Analysis Investment in 3 New Restaurants Total Investment US$ 75,587
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Conclusions New business model achieving economies of scale Good price-cleanliness relationship Recover investment: 2.5 years Potential for expansion
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Q & A If you visit Peru, try ceviche at FastCeviche…
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