BAR LOUNGE BUSINESS PLAN IN NIGERIA
Bar Lounge Business Plan in Nigeria
Bar Lounge Business Plan in Nigeria
This sample Bar Lounge Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Bar Lounge Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Bar Lounge Business Plan in Nigeria
Business: BAR LOUNGE
Industry: Food and Bar (Bar Lounge Business plan in Nigeria)
Patilad Bar Lounge is standard bar located in Oluyole, Ibadan, Oyo state. We focus on creating a relaxed and exciting environment where young ones can purchase affordable drinks and dance to the latest music. Patilad bar lounge spacious design and elegant pictures foster an environment of relaxation and fun.
We import and sell various kinds of drinks, from beers, wines to soft drinks and juices; we also sell appetizers and main dishes for consumption. We have multiple payments options for our customers, payment through cash, bank transfer, POS, mobile banking as the customer pleases.
The food and drinks production industry is a thriving sector in the economy of Nigeria and globally.
We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living and living in our world for our partners, employees, and clients.
We are not ignoring the fact that they are already an existing bar lounge in our neighborhood that sells almost all the brands of beers, wines, distilled spirits, liquors, etc. Our unique customer service will surely count towards our advantage in the marketplace. The robust experience of our CEO and bar manager is a positive advantage for Patilad bar lounge.
Our target audience involves bachelors, spinsters, newly wedded couples, businessmen, and women. Our customers are going to be treated specially with good music at all times. We have made provision for live band, karaoke, and jazz etc. This will be played at different times/days to create the ambiance that our customers will cherish and allow them to dance and be happy.
Benefits of our products and services
- Friendly and highly skilled staff
- Convenient and well-ventilated bar
- Availability of all kinds of drinks
- Affordable and discount prices
Our products and services
Our products and services include;
- Sales of beers and wines
- Food and drinks
- Music and dance
- Standup comedy
Keys to Success
The keys to success for the law business include:
- Location
- Availability of all kinds of drinks
- Convenient and cool atmosphere
- Experienced management team
- Affordable prices
Objective for Bar Lounge Business Plan in Nigeria
- To offer high-quality services and a wonderful experience at reasonable prices.
- To create a Bar Lounge whose primary goal is to exceed customer’s expectations.
- To achieve a net profit of N30,000,000 in three years.
- To develop a recurring client list of at least 30%
Goal for the Bar Lounge Business Plan in Nigeria
To be among the top 10 Bar Lounges in Nigeria within the 1st five years of operation.
Vision for the Bar Lounge Business Plan in Nigeria
To become one of the best choices of bar lounge in or present location and other bars to be opened.
Mission for the Bar Lounge Business Plan in Nigeria
Our mission is to provide standard bar services to all our customers and to treat them with
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Bar Lounge Business Plan in Nigeria
Management Team of the Bar Lounge Business Plan in Nigeria
Abidemi Oyekunle – He has extensive experience in the bar and nightclub sector. He has worked as a bartender in top bars in Lagos. He has over five years of experience as a bartender. He is the general manager of Patilad bar lounge.
Mr. Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years of experience in business management, business start-up dynamics, financial management of business, and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Academic skill and practical experience in Bar Lounge business.
- Capacity to consistently provide outstanding service.
- Quality processed product and a good understanding of the market trend.
- Our staff brings operational, marketing, and promotional skills to the business.
Management experience gained for the Bar Lounge Business Plan in Nigeria
With over ten years of experience in the Bar Lounge industry and numerous exposure to both the scientific and practical aspects of bar services, I’ve been able to master the technical requirements, financial management, staff recruitment, and organization skills, among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped put together a workforce for over five years, which will also help me coordinate the teamwork in most aspects of the company.
I am the CEO of the company overseeing the day-to-day activities of the business.
Materials and Machine for Bar Lounge Business Plan in Nigeria
A bar space, chairs, tables, stools, glass cups, cutlery, Television, generators, speakers, bar glass, bar spoons, bottle opener, corkscrew, cocktail shaker, cocktail strainer, cocktail rail, cocktail pourer, cutting boards for lemons, ice bucket, ice crusher, ice kit, jigger, juicer, cocktail muddler, peeler, rimmer for salt, sugar, lime, glass rack, glasswasher, ice maker machine, straws and stirrers, napkins, bar mats, bar towels, disposable cups, POS machine, beer and wine coolers, storage cooler, refrigerator, blenders, plates, grills, oven, fryers.
Competitor Analysis for Bar Lounge Business Plan in Nigeria
People buy from us because of the following reasons:
- Consistent quality service.
- Outstanding customer care service.
- Professional and highly qualified staff
- Affordable prices and discount offers.
Our three major competitive advantages are:
- Consistent quality service.
- Professional and highly qualified staff
- Affordable prices and discount offers
For the remaining part of this business plan, including the detailed financial analysis, call me on 08105636015 or 08076359735 or send me an email at dayohub@gmail.com.
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Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
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