Banquet Hall Cater For Social Events, Seminars Annual Dinner

Banquet Hall Cater For Social Events, Seminars Annual Dinner

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
CAPITAL.MY

3 Comments

JON Posted on8:24 pm - 11/05/2017

Any contact details for further questions

Sangkar Posted on11:36 am - 16/05/2017

Hi Jon

Sorry for the delay in reply
You may contact us at 016-2764209 (Sangkar) and 012-3798706 (Kumar)
We will be happy to clarify for any questions that you may have
Looking forward to hear from you soon

Thank you
Regards
Sangkar

Sangkar Posted on10:25 am - 17/05/2017

Hi Jon

Please contact Sangkar 0162764209 or Mr. Kumar 0123798706

Thank you