| Current Status | Concept / Business Plan |
| Amount Invested | RM100,000.00 |
| Funding Required | RM300,001 to RM600,000 |
| Description | WE AIM TO OFFER PERFECT SETTING FOR BUSINESS AND SOCIAL EVENTS IN A REFINED AND EXCLUSIVE ENVIRONMENT. THE HALL WILL BE FULLY EQUIPPED WITH CONFERENCE AND BANQUET FACILITIES, TARGETED FOR PEOPLE FROM ALL WALKS OF LIFE AND EVENTS |
| Business Opportunity | THE HALL IS A HOT CAKE IN THE AREA. IT HAS BEEN TARGETED BY MANY FOR SAME BUSINESS PLAN INCLUDE A “DATO”. WE HAVE UPFRONT THE DEPOSIT TO SECURE THE PLACE. THE SAID PROPERTY IS FRONTAGE OF MAIN ROAD WITH AMPLE OF CAR PARK FACILITIES. HIGHLY DENSED AREA POPULATION AND ALSO MEDIUM SCALE COMPANIES. IN NEARBY SURROUNDING THERE IS NO BANQUET HALL TO CATER SUCH CAPACITY WITH THE FACILITIES THAT WILL BE PROVIDED BY US. TOTAL SITTING CAPACITY WITH TABLE AT 1100 PAX. THE TARGET GROUP IS NOT ONLY NARROWED TO ONE INSTEAD ITS OPEN FOR ALL FUNCTIONS EXCLUSIVELY |
| Revenue / Business Model | THE PROCEED FROM THE RENTAL OF THE HALL, TARGETED AT LEAST AROUND 2 EVENTS TO BE HELD IN THE PREMISES.HEAVY MARKETING WILL BE IN PLACE TO FURTHER MARKET THE HALL. A PAYMENT OF 50% WILL BE SECURED IMMEDIATELY WHEN THE HALL IS BOOKED AND THE REMAINING A MONTH BEFORE THE ACTUAL EVENT. |
| Management Team | KUMAR – CEO – EXPERIENCED IN ENGINEERING AND MECHANICAL. ALL WIRING AND TECHNICAL WORK WILL BE HANDLED PERSONALLY. MANAGED EVENT MANAGEMENT FOR DYNAMIC SELF AWAKENING SDN BHD ORGANIZATION FOR THE PAST 7 YEARS WITH EVENT HELD AT PICC, PWTC AND TIMES SQUARE SANGKAR – OPERATIONS – EXPERIENCED IN ACCOUNT MANAGEMENT AND RUNNING OWN TRANSPORTATION BUSINESS, HAVE NOTABLY COMPLETED FEW PROJECTS SUCH AS LIMA LANGKAWI 2017, OIL AND GAS EXHIBITION 2015 AND UPCOMING 2017 AND FEW OTHERS RANUGAH – EXPERIENCED IN SECRETARIAL AND MARKETING WITH VOLVO AND ROYAL BANK OF SCOTLAND. MARKETING TEAM WILL BE SPEARHEADED UNDER HER WING YASOTHAI – EXPERIENCED IN CUSTOMER SERVICES MANAGEMENT, CURRENTLY ENGAGED WITH SHELL. VAST EXPERIENCED IN CUSTOMER SERVICE INDUSTRY AND HIGH CONTACT IN NETWORKING |
| Company Background | THE COMPANY HAS BEEN JUST ONLY ESTABLISHED IN MAR 2017. AS OF NOW AN AMOUNT TOTALING TO RM100,000.00 HAS BEEN INVESTED TO SECURE THE PLACE (DEPOSIT PAYMENT + TNB DEPOSIT). THE HALL IS JUST COMPLETED END OF YEAR 2016 AND WAITING FOR CF NOW BEFORE WE CAN START WITH ANY RENOVATION AND BEAUTIFYING WORK CAN BE STARTED. |
| Funding Milestone | AMOUNT THAT IS REQUIRED IS IN THE RANGE OF RM600,000.00 REASON FOR THE SAID AMOUNT IS CONTRIBUTED BY MANY FACTORS SUCH AS CARPETING, CURTAINS, AIR-CONDITIONING, SOUND SYSTEMS, FURNITURES AND RENOVATION. AN ESTIMATE OF RM500,000.00 WILL BE USED FOR THE SAID USAGE. BALANCE OF RM100,000.00 WILL BE FOR RUNNING CAPITAL FOR THE NEXT 6 MONTHS TO KEEP THE BUSINESS ROLLING |
| % Equity Allocation | TO BE DISCUSSED DURING MEETING |
| Expected ROI | TO BE DISCUSSED DURING MEETING |
| Risks and Mitigation | RISK – USAGE OF HALL WONT BE ON A MONTHLY ROUTINE MITIGATION – EVEN THE HALL WONT BE USED ON A MONTHLY BASIS, UPFRONT DEPOSIT COLLECTED WILL BE ABLE TO COVER THE RUNNING COST FOR THE MONTH. DURING WEDDING MONTHS, THERE COULD BE EASILY 4 WEDDINGS IN A WEEK WHICH COULD GENERATE AROUND RM60-RM70K PER MONTH RISK – NEARBY HALLS FOR THE SAME SAID OCCASIONS MITIGATION – IN VIEW OF EXCEPTIONAL SETTING AND STRATEGICALLY LOCATED AND EXTENSIVE MARKETING, OUR HALL CAN ALWAYS STAY ON THE FRONT OF THE REST IN THE SURROUNDING. |
| Exit Strategies | TO BE DISCUSSED DURING MEETING |
| Company Name | TULIP BANQUET HALL |
| Business Address | NO. 1 -A1- 1, PUSAT DAGANGAN LATANIA, SEK 36A, 40470 SHAH ALAM, SELANGOR |
| Contact Person | SANGKAR/ KUMAR |
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