Professional Documents
Culture Documents
BUSINESS PLAN
SUBMITTED BY:
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INDEX
Contents
Disclaimer
Applicants Overview
Market Background
About Burger King
Franchise Tie up
Business Plan
Management hierarchy
TRANSACTIONAL OVERVIEW
Competitive Landscape
SWOT Analysis & Objectives
Page
03
04
10
13
14
16
20
21
22
24
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DISCLAIMER
that
nothing
deliberately
is
in
concealed,
this
document.
understated
Full
and
or
fair
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APPLICANTS OVERVIEW
Orion Food Products Ltd (the Company) is a newly formed
company of ORION GROUP and is assigned for our envisaged
franchise. Incorporated just in February 2012 in the Registrar of
Joint Stock Companies & Firms (RJSC) of the Government of
Bangladesh vide registration number C 99566/12 the companys
registered office is Orion House, 153-154 Tejgaon Industrial Area,
Dhaka, Bangladesh.
The shareholders of the company are:
1)
2)
3)
4)
sector of the country and was awarded to implement the first PPP
project of the country on BOOT basis; the Mayor Mohammad Hanif
Flyover, the longest flyover and first of its kind in Bangladesh.
ORIONs is constantly successful in all major investment
undertakings in the country and significantly contributing to the
country's national economy's stability through the right business to
business strategy.
The Group's main objective follows the principle to reduce rural
poverty and foster sustainable economic development of the
country.
Vision
"To be regarded as a world-class corporate house through
products, services & values" is the Group's main vision.
Mission
Continuous development of people competence.
Recognizing individual contribution.
Introducing new and innovative products and technologies.
Assuring quality products from advanced manufacturing
facilities.
Exceeding customer satisfaction and granting trust through
quality services.
Values
To achieve its aspired vision, Orion subscribes the following
values:
Quality in everything we do.
Live up to our commitments.
Transparent and fair in all our dealings.
Take initiative to exceed standards.
Trust and respect to each other.
Work as a team.
Share social responsibility.
Business Portfolio of ORION GROUP
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Sectors
Agro Products
Construction &
Allied
Cosmetic &
Toiletries
Energy
Infrastructure
Development
Pharma &
Healthcare
Power Generation
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City Centre
- the
40-storied
and
the
tallest
commercial-cum-parking complex in
the country.
Orion Properties Ltd.
- Engaged in construction of apartment
complexes.
Home Appliance
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MARKET BACKGROUND
The restaurant and fast food industry analysts and the Government
are very positive about the growth of this sector as it can be a
driving force for the economy. According to the PESTEL analysis,
the restaurant & fast food industry in Bangladesh has a positive
external environment in overall because although pattern of food
consumption may vary due to the differences in culture, climate,
socioeconomic status, the habit of taking food among the
inhabitants of a country can change due to several factors.
Thus globalization, economic and income growth has led to an
increased amount of restaurant and fast food consumptions in
Bangladesh like any other Asian country. Today fast food &
restaurant industry is a highly growing sector in Bangladesh.
The fast food & restaurant industry worth around USD 2.5 million
of sales only in the capital city everyday, which puts the gross
revenue of these retailers at USD600 million annually (Bhuiyan
2010). The size of the industry has become up to BDT 4000 crore
(USD1.0 = BDT 81.00) and its still growing. Hence, it is high time
for Orion to consider this project seriously in accordance of the
below stated facts:
i. Young population, groups and random parties (corporate &
occasions) with highly globalized taste for products and
services;
ii. The success of brands like in Pizza Hut, KFC, Gloria Jeans
Coffee, Dominoes Pizza portrays the viability of such ventures
in the country.
iii.
200708
38,88
9
567
200809
44,59
8
648
200910
51,50
1
744
201011
59,98
0
843
201112
71,78
0
924
7.55
7.58
7.61
7.55
7.6
0.7
0.71
0.72
0.73
0.74
68.6
68.8
69.2
71.2
77.7
Source: Bangladesh Economic Review 2012
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FRANCHISE TIE UP
ORION GROUP strongly believes in the potential of the Restaurant
& Fast Food industry in Bangladesh and wants to provide impetus
to this sector by integrating the most recognized chain restaurants
of the world to the marketplace. The Restaurant & Fast Food has
seen a massive growth over the last two decades driven by
increased income level of consumers and harmonization of
consumers taste due to globalization. Todays world is defined by
more consumers who are better aware of their needs and wants.
We increasingly see more people who show more specialized
demands and who are willing to pay the premium to get that
service. The demographics of Bangladesh are characterized by a
young population living increasingly high paced urban life. This
fact creates a huge opportunity for the global restaurant chain in
Bangladesh. If we observe our Asian neighbors like Singapore,
Malaysia, Thailand and India, it becomes conspicuous that
restaurant & fast food industry can play a pivotal role in shaping a
courtiers economy and image. As well, food spans from need to
want and beyond when we add taste and variety to it. The
restaurants industry is a pretty enormous one in Bangladesh which
attracts Franchises all over the world.
An upscale restaurant is characterized by offering a full menu, full
table service, quality food made with fresh ingredients and
personalized service. The upper end of this segment is a fine dining
restaurant which generally offers high quality food, dcor and
service and charges high prices. As a nation, hospitality is deep
rooted into the Bangladeshi culture. Food spans from need to want
and beyond when we add taste and variety to it. The restaurants
industry is a pretty enormous one in Bangladesh which attracts
Franchises all over the world.
HOSPITALITY & EVENT MANAGEMENT EXPERIENCE
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ORIONS INTEREST
Given the above success and experience in consideration,
Orion Group would be happy to clinch the exclusive
Franchise of Burger King (BK) in Bangladesh on long term
basis.
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BUSINESS PLAN
Tips: Offer and Approach to Customers
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We would target customers from all ages from kids to adults aged
up to 60 years old. The prime target is the students from the
Private Universities where the Business has tremendous potential
to flourish. Currently Bangladesh has over 80 private universities
where most of them located in Dhaka in Posh areas like
Bashundhara, Banani, Dhanmondi, Uttara etc, where the
development of numerous Franchisee Restaurants and Fast Food
shops have been established. In Dhaka, North South University,
American International University, Independent University of
Bangladesh, East West University, Prime University, Presidency
University, South East University etc are very Popular, which have
attracted numerous fast food chains. In Chittagong, Chittagong
University, Chittagong University of Engineering & technology,
East Delta University, International Islamic University, Chittagong
Premier University etc also have opened up the market for fast
food and restaurant franchisees.
We propose to introduce BK Express design kitchen format
(discussed later) for the Universities containing their own
campuses and cafeterias, which is in most of the universities. This
would be simply perfect setup in the Popular Booming Universities
like North South University (NSU) (Bashundhara R/A), American
International University Bangladesh (AIUB) (Banani), Independent
university
Bangladesh
(IUB)
(Bashundhara
R/A),
United
International University (UIU) (Dhanmondi), Prime Asia University
(Banani) etc. If in case we dont get a chance to implement the
kitchen concepts of Burger King inside the Campuses, we can still
situate the stores near the Universities in these targeted posh
areas where the Business Potential is still very high.
Apart from these Primary targeted segment, the Burger King
would have to be ready for the crowd of Kids, Teenagers, Adults &
people of all ages to visit and dine according to their Meal
preferences.
KITCHEN FORMAT & DESIGN
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MANAGEMENT HIERARCHY
BOARD
Managi
ng
Directo
r/CEO
Chief
Financi
al
Officer
General
Manager
Restaurant
Manager
Executi
ve Chef
Head
Waiter
Drinks
Butler
Logistic
s&
Service
Nutritionist
Accounts
&
Finance
Purchase
Quality
Assuranc
e
Head
Waiter
Station
Carver
Head
Waiter
Buffet
Waiter
Butler
Waiter
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TRANSACTIONAL OVERVIEW
Master Franchise & Development Agreement
The Master Franchise & Development Agreement with
exclusive rights to develop business in the territory will be
provided by Franchisor Burger King Corporation.
5 Year Development Plan, commitment and predefined
targets
For the start, we are proposing 3 potential places in Dhaka for
Burger King: 1) Gulshan / Banani, 2) Dhanmondi, 3) Uttara,
where we have surveyed and found them as the most potential
areas. As well, the other international Franchisees have created
hubs to attract the people. In terms of Outlets, we have
considered the following number of outlets for first 5 years:
In Dhaka
: 3 outlets; (1st year target)
then subsequent following years:
In Dhaka
: 7 outlets
In Chittagong
: 4 outlets
In Sylhet
: 3 outlets
In Khulna : 3 outlets
Master Franchise & Exclusivity Fee
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COMPETITIVE LANDSCAPE
Consumer taste and personal income drive demand. The
profitability of individual companies depends on the ability to
secure prime locations, drive store traffic, and deliver high-quality
products. Large companies have advantages in purchasing,
finance, and marketing. Small companies can compete effectively
by offering specialized products, serving a local market, or
providing superior customer service. The industry is laborintensive. Chain restaurants & fast foods shops compete with
businesses such as convenience stores, gas stations, quick service
and fast food restaurants, gourmet food shops, and donut shops.
Competitors
Competition will be high as there is existence of strong Franchises
like KFC, A&W, Pizza Hut, Nandos etc. Apart from these fast food
chains, there are also numerous Restaurants like Topkapi, Abacus,
Xenial, Xindian, Khazana in the Gulshan, Dhanmondi and Uttara
areas in Dhaka which will also be strong competitors.
Bangladesh restaurant & Fast food industry has greatly matured
over the course of last two decades. Globally recognized names like
Pizza Hut, KFC, Dominoes, Baskins Robins are doing good business
and are gradually expanding into cities other than capital Dhaka
like Port City Chittagong. The restaurant and caf culture is
relatively new to Bangladesh and has only taken off substantially in
the last two decades. But this particular segment has a huge
potential given the surge in demand bolstered by the needs and
demand of the urban dwelling population.
The massive harmonization of taste that has occurred over the last
two decades through the advent of satellite television and internet
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CHINESE
FRENCH
Golden Rice, Mainland Le Souffl
China, Samarkhand,
Shing Heong,
Bamboo Shoot
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GREEK
Casa Greek
INDIAN
INDONESIAN
Baton Rrouge,
The Sky Room
Bukhara, Dish &
Dessert, Efes,
Heritage, Oh Calcutta,
Sajna, Santoor,
Topkapi, Ulta Voot
INTERNATIONAL
IRANIAN
Cafe Bazar, Charcoal Caspian
Steak House, Flambe,
Palm View
Steakhouse, The
Glasshouse Brasserie,
Vintage Restaurant
Watercress, Water
Garden
ITALIAN
Club Wheels
Ciao Bistro
Don Giovanni, Prego
Spaghetti Jazz, Bella
Italia
JAPANESE
Ichi, Izumi, Samdado
Wasabi
KOREAN
Aarirang, Sura,
Koreana
Korean Club &
Restaurant The
Restaurant
MEXICAN
Sublime, El Toro
MULTI CUISINE
Grandiose Restaurant
SEA FOOD
Lake Terrace
Saltz
CAFE
Gloria Jeans, North
West Caf, Barista
Lavazza
Coffee World
FASTFOOD
KFC, Pizza Hut, Pizza
Inn
Helvetia, A&W
THAI
@ Corner, Bamboo
Shoot
Pan Tao, Royal Thai
Soi 71, Thai House
TURKISH
Istanbul
SWOT Analysis
STRENGTHS
The strength is that the government of the Peoples Republic of
Bangladesh is very welcoming and accommodative towards foreign
Franchisees and Investors who willing to invest and do Business in
Bangladesh. Today Bangladesh accommodates lots of World Class
Franchisees namely KFC, Pizza Hut, Kenny Rogers, A&W and many
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OBJECTIVES
Offer high-quality food and a wonderful experience at
reasonable prices
Prepare and sell quick service food accurately, quickly,
courteously, and in a cleaner
environment than the
competitors.
Conduct all the business affairs ethically, and with the best
employees.
Continue to grow profitably and responsibly, and provide career
advancement opportunities for every willing member of our
organization.
Provide customized menu choices to meet customers individual
diets and lifestyles.
Develop Innovative Menu using trained chefs.
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