Signature Chefs We’re putting the home, back in home cooking!
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Transcript of Signature Chefs We’re putting the home, back in home cooking!
Signature ChefsWe’re putting the home,
back in home cooking!
Signature Chefs
Company Mission
Our mission at Signature Chefs is to bring value home by providing one on one world class education on the preparedness of classic and exotic entrees for our valued customers
Signature Chefs
Our Core Values
We believe in a healthy diet consisting of cooking meals using natural ingredients and no preservatives
Cooking meals involving the entire family brings them together and contributes to a healthy lifestyle
Meals cooked at home are less expensive than ordering out and saves our clients in the long run
We have a passion for cooking and can teach anyone who is willing to learn
Signature Chefs
Management TeamDaniel Adan ,Chief Executive Officer – Finance major; Investment Banking
experience; Founded and led a student organization on campus
Ray Mas, Chief Financial Officer – Finance major; Work experience in the
finance industry
Ray Clark, Chief Operating Officer – Experience working as Assistant manager
at Service Merchandise
Megan Lembo, VP, Marketing and Product Development – Experience
marketing and selling Mary Kay line of cosmetics
Evelyn Gonzalez, VP, Business Development – Finance major; 5 years work
experience at Publix grocery stores
Chris Wood, Chief Technology Officer – DIS major; Experience managing
computer networks
Signature Chefs
Board of Advisors
Donald G. McGregor, J.D. – President of Johnson & Wales University ,Florida Campus. For eight years has been President of the leading culinary institute in South Florida.
Norman Van Aken – Head Chef and founder of NORMAN’S and Mundo Restaurant. Time Magazine named him “South Florida’s Most Gifted Chef” and NORMAN’S as “One of the Top Ten Restaurants in the US”.
Chris T. Sullivan – Founder, Chairman and Chief Executive Officer of Outback Steakhouse, Inc. Prior to OSI was an Exec. VP at Pillsbury in charge of the Bennigan’s Restaurant Group.
Signature Chefs
Product Description• Class schedule and topics will be posted online and will allow
customers to reserve a space online• Classes will target both novice and amateur chefs
– “Cooking for the busy parent”– “Atkins” and “South Beach” classes– Holiday themes, i.e. Christmas, 4th of July– Cuisines from Around the World
• The class experience will be fun, the value to the customer will come as a result of the class– Healthier Meals– Save money and time– Emotional rewards with children and family
Signature Chefs
Value Proposition: Economic
$80
$20$7
$13
$78
$-
$20
$40
$60
$80
S.C. Class Meal atRestaurant
Home CookedMeal
6 Homecooked meals
Savings
Cost Per Person
Signature Chefs
Value Proposition: Health
Calories: 990
Fat: 52 grams
Calories: 738
Fat: 28 grams
Calories: 435
Fat: 11 grams
Signature Chefs
Value Proposition: Entertainment
• Positioning: High Quality Dining Entertainment
Dining
Entertainment
Quality
Signature Chefs
Business Model
• Market: High Income Demographic– First location: Tampa, FL – Hyde Park– Avg. Home Value: $404,638– 30% HH Income >$100,000
• Cost-based Pricing– Classes will be $60 to $80 per class per person– Price per class will vary depending on type of class and
ingredients used• Distribution: 3 Channels
– Facility, Internet, “House Calls”
Signature Chefs
Promotion• Advertising
– Neighborhood newsletters, Jazz and Classical Radio Stations, Newspaper, Cable TV: Food Network, Magazines: Bon Appetit
• Sales Promotion– Reduced rate “Introductory Classes” for Late Users– Premium rate “Celebrity Chef Classes”– 25% discount to members who bring a friend to a class– Coupons for retail items given in classes
• Public Relations:– Local Food Festivals– Samplings at Publix– Local Gyms :Healthy Meal and Diet Trend Classes
Signature Chefs
Competition
• Direct– Cooking at home– College Cooking Classes
• Indirect– Restaurants– Food Network– Food Magazines - Bon
Appetit– Cooking Books
• Obtuse– Work– Leisure Activities
• Movies• Theatre• Sporting Events
– Studying– TV– Children
RED = Plan to lessen competition through Strategic Alliances using advertising
Signature Chefs
Our Future
Goal: “10 in 10”In Ten Years we will have 10 facilities located in the southeast United
StatesHow:
Alternate revenue streams:• House Calls• Increase internet revenue: streaming classes• Re-selling ingredients, tools and appliances• Restaurant Food Safety Service
Year 1 Year 3 Year 5 Year 10
3 Stores 10 Stores 1 Store 5 Stores
Signature Chefs
Revenue & Op. Profit
$0.00
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
1FY 2FY 3FY 4FY 5FY
Total Company Revenue Total Company Op. Profit
Signature Chefs
What we need to get it done
• Total Capital Investment:– $2 million over 10 years– Option of splitting investment over 2 periods
• Your involvement through the Board of Directors
• What you get in return?– Portion of Signature Chefs equity