26.01.2022
$120000
Not Only Burgers
197
Ukraine
Vinnytsia
Idea
up to 1 year
The project envisages the organization of a street food bar, which will specialize in the preparation of popular dishes and drinks of street food from around the world with the prospect of forming a network
Project summary
One of the world's most popular trends is the creation of fast casual restaurants with gastronomically interesting
dishes, but with a democratic price tag and fast food system. The share of such institutions is rapid
increases, which creates strong competition from traditional restaurants.
The target audience of such projects is guests aged 18-30. It
people who like to try new things, they consider themselves
foodie *, but at the same time they are uncomfortable in institutions with
high check and extra pathos.
The segment of cafes and restaurants is becoming significantly younger
55% of people under the age of 30 eat at home, 45% of people
aged 30-40 years, 3% of people aged 40-50 years, and among
people of retirement age share of cafe visitors and
restaurants falling.
It can be stated that the restaurant market has entered
pre-crisis level. They are mostly open on the market
institutions of the middle segment, they are the most
in demand.
Location
Leninsky district, Vinnytsia
Market indicators
The share of fast food establishments in the market
45% (+5 percentage points)
The volume of the fast food market in Vinnytsia
UAH 108 million / month
Market share: 0.8-1%
Project budget
Initial investment, UAH
3,232,657 ($ 115.5 thousand)
Yield (3 years)
Gross income, UAH
32 934 274
Operating profit, UAH
6,268,861
Net profit, UAH
5,140,466
Efficiency
Profitability of current expenses for 3 years
19%
Payback period
2 years and 1 month