John Conkle Aaron Hardesty Michael Hester Amy Hines Marina Hoe Brent Hupman Alex Mashni Laura Parish...
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Transcript of John Conkle Aaron Hardesty Michael Hester Amy Hines Marina Hoe Brent Hupman Alex Mashni Laura Parish...
John ConkleAaron HardestyMichael HesterAmy HinesMarina Hoe
Brent HupmanAlex MashniLaura Parish
Blake Willoughby
Kevin Wilson
You’re ONLY stop to get that late-night sweet fix you’ve been craving!Come Get Glazed!
What We Are All AboutAmazingly delicious specialty donuts and a one-
of-a-kind cereal bar open for both the late night and early morning Lexington community.
Lexington is totally barren of a new-age bakery to offer a fresh twist on tried and true classics
To be built at 138 W. Main StreetWhere’s the value?
The ONLY late-night sweet option in Lexington - Unique Easy access for the early downtown business crowd –
Convenient A light-hearted venue with unique offerings the entire
family will love – FUN!!!!!
Who Will Love Us3 Primary Targets:
Late-Night Social CrowdDowntown OfficesFamilies, primarily with young children
Segment within both the late night and breakfast markets
Downtown location ideal for late night social scene and office-goers
Cereal and toppings are self-serve while donuts are served from behind a display counter
Cereal also appeals for more health conscious customers
Core StrategyOffer a fun and wholly unique, high-volume product
with extremely high margins to Lexington consumersStrategy
Provide Innovative Donut ChoicesOpen During Unique Hours to Capture Target Markets
and Stimulate Demand: 8pm-10am, 8pm-12pm on Weekends
Use Creative Marketing Techniques and Product Offerings to Attract Customers (i.e. Cereal Bar)
Critical Success FactorsNo Competitors in our Strategic SpaceMulti-Segment focus will Broaden Potential Customer
BaseLow Cost, High-Margin Product Offerings
The Menu!!!
Featured Donut Offering:The Lumberjack
Throw on your flannel before taking on this manliest of donuts
Our signature yeast donut formed into a delicious Maple Bar and topped with a succulent piece of fried bacon
Ingredients:MilkVegetable
ShorteningYeastKY Proud EggsSugarSaltNutmegKY Proud FlourVegetable OilPowdered SugarVanilla ExtractMaple Extract
Featured Cereal Offering:The Elvis
Rice ChexBananasChocolate SyrupPeanut ButterIt’s Even Gluten
Free!
Late Night CompetitorsTolly Ho
Burgers, Fries, and Hot Breakfast Food
Open 24/7Targets Late Night
and Breakfast Crowds
Waffle HouseHot Breakfast FoodOpen 24/7Targets Late Night
and Breakfast Crowds
Late Night CompetitorsGoodfellas
New York Style PizzaOffers DeliveryTargets Large
Market, but a popular choice among late night crowd
Breakfast CompetitorsSpalding’s Bakery
Open 5 days/week. 6am-noon
Serves Exclusively Donuts and Pastries
Primarily Word-of-Mouth Advertising
Dunkin DonutsOpen 5 am-5pm
dailyFocuses on coffee
with donuts and breakfast sandwiches as a sidelight
Caters primarily to offices and morning professionals
Breakfast CompetitorsMagee’s Bakery
Open 3 days/week. 6:30am-noon
Specialize in cakes, desserts, cookies, and deli items
Primarily focused on baked goods for breakfast and dessert needs
Downtown AreaNear Pavillion
Walking Distance to Opera House and Rupp Arena
Waffle House
Tolly Ho
Goodfellas
Dunkin Donuts
Spalding’s Bakery
Magee’s
Glazed and Confused
Perceptual Map
Glazed and Confused
Late
Nig
ht
Bre
akfa
st
Savory Sweet
Atmosphere
The Layout
What Keeps Us Going1 Manager3-4 Cross-trained Employees
KitchenCheck-OutDishwashersCleaningPart-Time Employee During Peak Hours
How Will They KnowLocal Publications
Tops In LexThe Chevy ChaserThe KY KernelEtc.
Social MediaFacebookTwitterPinterestEtc.
Special OffersPromotionsFree SamplesEtc.
Will We Make Money?Estimated Annual
Revenue - $195,500
Budget Item Amount
Revenue/Day $1200
Food Cost/Day* $240
Food % of Revenue
12%-20%
Per Unit Cost Estimates:
Plain Donut: $0.21S’More What: $0.35FunnestFetti: $0.36The Lumberjack: $0.47Cereal: $0.46
Bring it all TogetherThe Keys to Our Success:
Entirely Unique Product Offerings and Market Penetration
High-Quality Product Offerings and Affordable Prices for our Consumers