Current Status Concept / Full Business Plan Ready
Amount Invested 0
Funding Required RM1,000,001 to RM2,000,000
Description My idea to setup this business is because i will have a few big liquor company that will sponsor me right after i can get to run for 10%.
Business Opportunity For a business like this it will sure bloom because of the location is at the heart of the city for every entertainment business.
Revenue / Business Model I am actually have 16 years of experience in this industries because i have help some of other company to setup their business there, i am well known by some of the customers there.
Management Team The team that is going to run the show will be the pioneer that has good experience in this business and the location.
Company Background This will be a new and fresh company.
Funding Milestone The fund will be put to use from the beginning, the main purpose is the licensing, marketing, legal documents, stock ups, re-structure the internal and some decorations. Total of all the funding will be RM1500000.00
% Equity Allocation 50%
Expected ROI 100%
Risks and Mitigation I wont say that we don’t have risk but i believe the sponsors from 2 liquor companies will cover up the risk as long we can sustain for 2 years minimum.
Exit Strategies The exit strategies will be in 5 years range, but if it still can sustain after 5 years why not just keep it running till 10 years max.
Company Name Budhapest Pub & Bistro
Business Address Upper Penang Road
Contact Person Zulkifli Heng