The Nightclub

Start your own business plan »

Nightclub Saloon Business Plan

Company Summary

The key elements of The Nightclub's concept are as follows:

  1. Entertainment and dance based themes -- The company will focus on themes that have mass appeal.
  2. Distinctive design features -- The Nightclub will be characterized by the elaborate dance club situated in a spectator setting which comfortably accommodates 350 guests. The area will also offer three private sky boxes which can be combined for use in a conference or private party setting. This room is intended for special events and daily use. The adjoining dining room and bar would present an inviting and relaxing atmosphere, which displays a collection of musical and dance memorabilia. A live dj will coordinate the events and entertain the patrons with music and games during music breaks and off-times.
  3. Location, location, location -- One of the major advantages that The Nightclub will have over its competition will be its location in the new, high-profile Your Town Center.
  4. Gaming -- The Nightclub will provide several interactive style video games and pool tables to provide for both additional entertainment and revenue.
  5. Quality food -- All would be lost without special attention being paid to the level of food quality. A simple menu offering foods similar to those found at a premier venue. Traditional 'bar' appetizers will be on hand for people craving nachos, wings, or quesadillas while they drink and enjoy themselves.
  6. Exceptional service -- In order to reach and maintain a unique image of quality, the Nightclub will provide attentive and friendly service through a high ratio of service personnel to customers, and will also invest in the training and supervision of its employees. We estimate nearly one service staff member for every 35 guests.

2.1 Start-up Summary

The company is seeking a loan for start-up purposes for a new entertainment venue in Waldport.

Funds needed to accomplish goal referenced above will be $x.x million. The applicant will require the entire $x.x million to finish project build-out.

We will utilize the anticipated loans in the amount of $x.x million to build out the approximate 10,000 square foot space and purchase equipment necessary for the start-up of a new nightclub venue. The following tables and charts illustrate the capital requirements.

Start-up Funding
Start-up Expenses to Fund $485,250
Start-up Assets to Fund $82,500
Total Funding Required $567,750
Assets
Non-cash Assets from Start-up $7,500
Cash Requirements from Start-up $75,000
Additional Cash Raised $0
Cash Balance on Starting Date $75,000
Total Assets $82,500
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Investor 1 $250,000
Investor 2 $250,000
Other $67,750
Additional Investment Requirement $0
Total Planned Investment $567,750
Loss at Start-up (Start-up Expenses) ($485,250)
Total Capital $82,500
Total Capital and Liabilities $82,500
Total Funding $567,750
Start-up
Requirements
Start-up Expenses
Air Cond. Upgrade $25,000
Audio/Lighting Lease Payment $2,750
Bar Equipment $9,500
Bar Supply $5,500
Cash Reserves $125,000
Exterior Signage $15,000
Fees and Permits $35,000
FFE $75,000
Impact Fees $7,500
Initial Marketing $22,500
Interior Refit $45,000
Kitchen Upgrade $12,500
Legal $7,500
Opening Salaries Deposits $25,000
Paper Products $2,500
Point of Sales Systems $35,000
Restroom Upgrade $35,000
Total Start-up Expenses $485,250
Start-up Assets
Cash Required $75,000
Start-up Inventory $7,500
Other Current Assets $0
Long-term Assets $0
Total Assets $82,500
Total Requirements $567,750

2.2 Company Ownership

The Nightclub is a privately-held LLC, the details of which have not been solidified as of the date of this publication. The LLC consists of three principals DD, HK, BK.

D D holds a BS in business administration from the The State University. He has held restaurant management positions for the PepsiCo Corporation. He successfully opened and managed two nightclubs, and went on to open other operations including a sports bar. He is currently in his fifth year in the hotel industry, where he manages a successful sales department.

HK holds a BA in Industrial Media Management, with a concentration in marketing. She has held a financial analyst position with Lockheed Martin and L3 Communications for two years.

BK has been managing a staff for eight years. He is currently in his fifth year in the automotive industry, where he is a successful finance manager.