Angel Bank

Powerful restaurant concept with multiple revenue streams

Exciting new restaurant concept with a delicatessen outlet, backed up with an e-commerce website.

Our aim is to run a successful cheese delicatessen, selling fine cheeses and wines from around the world. Accompanied with all the accessories associated with these products.

These products sell well to cheese lovers as well as the general public. Along with our on-line presence to enable public access to a varied range of cheese and wine direct to the door, but at a far higher quality than our competitors.
 
To run alongside the deli retail outlet will be a fully functioning restaurant with around 90 covers.

Once we've run the business successfully for one year, then we will roll out the business nationwide.

Our concept is unique as we are combining three business and marketing channels together - retail outlet, restaurant and internet.

Good cheese and wines are not cheap. They’re a luxury, which is great news for our business for the following reasons:
- bulk buying will increase our profitability when selling these high-priced products
- consumption of wine has increased in the UK by 13% a year since 1990 (Mail on Sunday)
- cheese and wine are simple and small enough to deliver direct to the customer by post

Seeking funding of: £450,000

Funding required for:
Acquisition of restaurant site and refurbishment
To build and market our e-commerce site
Buy stock and accessories
Working capital

Projected revenues:
Year 1: £1,092,000
Year 2: £2,511,600
Year 3: £4,790,600

Gross profit for year 1: £317,400

The founders are a husband-and-wife team, and together have 9 years experience within the restaurant sector, including at management level. Also have 7 years experience in sales and marketing.

Ideal investor will bring skills and experience from related industries. And may possibly have a passion for cheese and wine!

Business Profile: P1029

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