Feasibility Study Essay

This guide is substantial to term of enlistment in an enterpriser with likely enthronisation opportunity in setting up and operating a restraint eating ho riding habit offering a material body of f atomic hail 18 and deglutitions items and accompanied by a part service to the general public. This feasibleness report card gives an insight into various aspects of planning, setting up and operating a leave out eating house for the general populace. The moot is designed to submit relevant details (including technical) to help entrepreneur in decision do by providing various technical as strong as tune alternatives. The study too on the wholeows flexibility to change various purge parameters to suit the inevitably of an entrepreneur and the design market.Brief Background of the StudyA saloon eatery is a f atomic number 18 service brass that serves diet, non-alcoholic and alcoholic drinks beer, wine, liquor, and cocktails for employment on the premises. banding eating houses provide stools or chairs that argon maculationd at tables or counters for their patrons. Some keep out eating place read merriment on a stage, much(prenominal) as a pop off band, comedians, go-go dancers, or strippers. Bar restaurants which offer amusement or live music are frequently referred to as music bars or nightclubs. M all bar restaurants have a happy hour to encourage off-peak guests. Bar restaurants that fill to capacity slightlytimes fulfil a cover charge or a minimum purchase destiny during their peak hours.Such barrestaurants often trait entertainment, which may be a live band or a dish aerial jockey playing recorded music. The condition bar is derived from the specialized counter on which drinks are served. Guests may rag or stand at the bar and be served by the bartender, or they may sit at tables and be served by cocktail servers. And restaurant caters complete set of meal to a target market, tell of market or customers. So w hen the bar and restaurant were throw away up together, it has the expertise in lot pabulum and beverages for their guests. The back bar is a set of shelves of glasses and bottles behind that counter.In some giving medications, the back bar is elaborately decorated with woodwork, etched glass, mirrors, and lights. A bar restaurants owners and managers choose the establishments prognosticate, dcor, drink menu, lighting, and early(a) elements which they think leave al matchless attract a certain kind of guests. However, they have l angiotensin-converting enzymesome(prenominal) limited influence over who patronizes their establishment. Thus, a bar originally intended for one demographic profile stool mystify popular with another.Objectives of the StudyThe objective of the feasibility study is earlier to facilitate us as a potential entrepreneurs in project credit for investment or putting up a business such as a bar restaurant. The project feasibility may radiation diagra m the basis of an key investment decision and in order to serve this objective, the scroll/study covers various aspects of project creation development, start-up, and production, finance and business management.The study entrust also pay back if it is feasible for an entrepreneur to put up a bar restaurant in San Ramon Dinalupihan, Bataan. Market airfield, aim selection, competition and financial analysis are made through observational research, surveys and literature review, and results of the analysis are concluded.Name of the shimmerdamental lawIn order to gain a victor in establishing a solid victuals and beverage business, one should moot on creating a unique name provided so easy to remember by the customers. Nowa twenty-four hourss, you heap find different establishments of food and beverages. So to be popular, you must be creative on choosing the best name for your business.Why BARkada tarry?Barkada is a Tagalog book of account for friends. Having friend with someone is not that easy, it would sprout a while before you con placer a person as one of your friends. At some point, you cannot consider heretofore your family as a friend of yours, tho if, you and her tagged a long for a while and knew each others secrets.In BARkada mess about, you could bring any of your friends and you could also treat all the employees and staffs as one of your friends. Here, you can celebrate all the important occasions of your life and dismissal the stress and burden that disturb you a lot, just interchangeable a friend.Our logotypeThe glass tankard with a skillful picturesque music bar inside symbolizes for fun, entertainment and beverages. The two ovals shaped around the main(prenominal) logo the red which is outside defines erupt in our bar restaurant and the putting surface which is inside defines go and have fun inside. The stars that is about to fly defines e actuallyone is a factor here, either youre a vocalizer or a dancer.Our Missi onTo provide a fun and entertaining bar restaurant service with top select food that will exceed the customers expectations.Our VisionTo be cognise in our chosen field and acknowledge as one of the best establishment providing the best eminence of foods that contribute to the harvest-tide of F&B and Hospitality Industry. web settle SelectionThis section deals with the reason for choosing the localise, identify analysis evaluation, general res publica evaluation, topical anesthetic eye socket evaluation and the vicinity map. curtilage for Choosing the SiteA restaurants localization is as crucial to its success as great food and service. The location of a restaurant is the bridge surrounded by your target market and your concept. The most important aspect of thought selection is to take care that all factors that could possibly have any bearing on the decision are considered carefully. Selection of a suitable rate should come after the restaurateur has pull together th e pertinent information and organized, analyzed, and evaluated it. The investigation should be exhaustive and follow a tenacious process. Decision factors vary in grandness depending on the individual and the type of restaurant under consideration. The decision-making process in site selection must include handsome amount of information assembled and presented in a clear manner. If this is not done, the chance of making a wise choice is actually slim. It is necessary to know the growth patterns of neighbourhoods to determine if a particular type of restaurant will be in contract for the foreseeable afterlife.The proposed location of BARkada Lounge is at San Ramon Dinalupihan, Bataan. Dinalupihan is a first class municipality in the province of Bataan. A wide variety of different establishments such as food chains, grocery incloses, mini bar houses, and the like are turn up in this place where masses can find entertainment and relaxation. And as the demands of the increasing and unstable needs and wants of the community, they were much eager to experience a highly adaptive dining and chic party setting in which you can found in Dinalupihan. Since Dinalupihan is in the ticker of the two leading cities in the neighborhood III, which is the Olongapo and Balanga, the accessibility to some(prenominal) public and undercover establishments will definitely make the BARkada Lounge easily identified to the public where wad can applaud a versed atmosphere as well as foods and beverages, whether alcoholic or non-alcoholic.Site rendering and evaluation is the initial element in which that of determines the overall physical development of paying well-planned and visually attractive food and beverage service facilities. Dinalupihan is a 1st class municipality in the province of Bataan, Philippines. It is the only defeat-locked municipality of the province. Dinalupihan is located 95 kms. east of Manila and can be reached through the Olongapo-Gapan route via th e uniting Luzon Expressway.The town has a sum centre land area of 4,460.00 hectares representing 6.69% of the total land area of Bataan. It is composed of 46 barangays with a total population of 92,289 people in 14,833 households. Dinalupihan is primarily an agricultural town whose main re lines are palay, sugar cane, corn, root crops, legumes and fruits including livestock and poultry. Our proposed site for our future project is located at San Ramon Dinalupihan, Bataan. It is measured as 502 square meters. With this location, we are very confident that the project will be feasible and very effectual to our chosen market.The relief varies from level, rolling and craggy to mountainous especially in the southwest and north-western sections of the area. The terrain of the municipality is gently sloping to undulating particularly the northern portion wherein cultivated lands are located. in the midst of the northern and southern fringes are areas sensibly sloping to rolling land with some scattered steep hills.The municipality is drained by numerous rivers and small streams with very a few(prenominal) meanders radiating and sloping from the mountain groups trim down to the sea draining the whole area efficiently.Local Area EvaluationThe study of our chosen locations transaction area, dealing, complementary and competing outlets, and vulnerability parking surroundings, area changes, and cost meet our proposed needs as an entrepreneur.Visibility concerns the ability of potential shoppers to enjoy an unobstructed view of a store or its sign from a number of vantage points.It also considers ease of attract and exit from the site. Local signage ordinances should be thwart and it is very useful to use the social movement of distinguishing landmarks for an accurate direction of the site.Visibility is highly important to the quality service food industry and popular-priced bar restaurants, because high profile allows the consumer much time to change lanes and journey the entrance to an eaterys parking lot. The site is undeniably accessible to main arteries as the municipalitys public market exit to Capitol Drive on the right side and vice versa.Locationally, accessibility represents the ease with which people move into and out of an area and, more particularly, into and out of a specific location. When ascertain accessibility, it is necessary to consider major and nipper traffic arteries, number of lanes, speed limits, turn signals, turn lanes, curb cuts, and traffic backup, congestion points, and the existence of median strips.The value of a location also depends the accessibility of both public and private modes of transportation, such as customers and suppliers, to and from the site. The BARkada Lounge will be very easy for residents and non-residents of the area to find, with the adequacy and potential of vehicular or passenger is definitely high, as we go with the flow of the free burning economy growth in the Municipal ity of Dinalupihan. through with(predicate) pipe system, the Dinalupihan Water regulate has the full charge of water furnish dispersal in the area. The most common source of water is its ground water. Hence, the water supply in the Municipality of Dinalupihan is very sufficient.Major surround companies servicing the town are digital Telecommunications (Digitel) and Bayan Telecommunications (BayanTel). Cellular phones are also on tap(predicate) through Smart/TalknText, Globe/ give Mobile, Sun Cellular and Mobiline. Radio communication theory Philippines, Inc. (RCPI), provides telegram and telegraph services. Electricity is provided by Peninsula Electric Cooperative (PENELCO). The Dinalupihan Water District serves 19 barangays while other areas use free-flowing pumps and deep wells. The town has a total of 8 banks, 7 schools, 3 hospitals/wellness facilities, and 4 recreational facilities.Traffic CountsThe study consists of data collection, including existing traffic flocks and routine movement counts, projected traffic volumes and the identification of required improvements such as traffic calming devices. This information can be gathered either by an automatise tube counter or manually by a County staff which pertains to position personnel who perform traffic counts at intersections, usually during the time in which arouse hour arises, to count and record the volume of traffic passing through and turning movements of the vehicles through an intersection. Traffic counts were performed by researchers on the day and hours they predicted that might peak day or hours will occur. The number of vehicles that passed by the site was shown at the table below. BARkada Lounge was based on the economic post of these people who will be our future target market as indicated by the type of vehicle they are in.