Rockin Roll

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Karaoke Bar - Bowling Alley Business Plan

Company Summary

Rockin' Roll is a classic bowling alley, karaoke lounge, gaming parlor and restaurant owned by the king of Rockin' Roll, Pelvis Restley. Rockin' Roll specializes in legendary bowling and rocking harder than the rest, as well as quality food and extensive collection of video games.

2.1 Company Ownership

Rockin' Roll is a closely held corporation-owned, incorporated in the state of Washington and operating in King County, whose principal shareholder is Pelvis Restley.

2.2 Start-up Summary

Rockin' Roll's start-up costs will include all equipment needed for the bowling alley, the restaurant, inventory and daily bank to cover the total winnings of all pull-tabs.

The bowling alley lanes and restaurant equipment will be the largest chunk of the start-up expenses. These long-term assets include 16 hardwood bowling lanes, 180 pins, 8 electronic scoring terminals, a commercial range and oven, a walk-in refrigerator, video games, pull tab equipment, a sink and dishwasher.

Start-up expenses will also include advertising. The two methods will include television ads and advertisement in the Yellow Pages.

Start-up Expenses
Legal Costs $1,000
Consulting $1,000
Construction $20,000
Advertising $3,000
Rent $40,000
Total Start-up Expenses $65,000
Start-up Assets
Cash Required $50,000
Start-up Inventory $7,000
Other Current Assets $0
Long-term Assets $77,900
Total Assets $134,900
Total Requirements $199,900
Start-up Funding
Start-up Expenses to Fund $65,000
Start-up Assets to Fund $134,900
Total Funding Required $199,900
Non-cash Assets from Start-up $84,900
Cash Requirements from Start-up $50,000
Additional Cash Raised $100
Cash Balance on Starting Date $50,100
Total Assets $135,000
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Planned Investment
Investor 1 $100,000
Investor 2 $100,000
Additional Investment Requirement $0
Total Planned Investment $200,000
Loss at Start-up (Start-up Expenses) ($65,000)
Total Capital $135,000
Total Capital and Liabilities $135,000
Total Funding $200,000