**Expanded Executive Summary: "Taste of Unity" Family Restaurant Chain**

**Boaz Trading PLC | Addis Ababa, Ethiopia**

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### **Project Overview**

**Project Name**: Taste of Unity Family Restaurant Chain

**Location**: Addis Ababa, Ethiopia (initial flagship in Bole District)

**Total Project Cost**: 28,000,000 ETB (≈$500,000 USD)

**Initial Operating Costs**: 7,000,000 ETB (≈$125,000 USD)

**Monthly Cash Flow (Year 1)**: 616,000 ETB (≈$11,000 USD)

**ROI**: 26.4% | **Break-Even**: 24–30 Months

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### **Market Opportunity**

Ethiopia’s rapidly evolving economy and urbanization present a prime opportunity for innovative dining concepts:

- **Economic Growth**: 6.3% GDP growth (2023), driven by agriculture, services, and infrastructure development.

- **Urbanization**: Addis Ababa’s population exceeds 5 million, with 65% under age 30—a key demographic for family dining.

- **Middle-Class Expansion**: 35% of urban households spend 25–40% of income on dining out, seeking affordable yet elevated experiences.

- **Tourism & Expatriates**: 1.2M annual tourists and 50,000+ expats in Addis Ababa demand diverse, culturally rooted dining options.

**Market Gap**: Limited mid-range restaurants offering hybrid menus that cater to both local traditions and global tastes.

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### **Unique Value Proposition**

**1. Cultural Fusion Cuisine**:

- **Menu**: Blends Ethiopian staples (e.g., *doro wat*, *injera*) with international favorites (burgers, salads, pasta), featuring innovations like *berbere*-spiced fries and coffee-rubbed steaks.

- **Kid-Friendly Options**: Balanced meals like mini *kitfo* sliders and honey-glazed *injera* rolls.

**2. Experiential Ambiance**:

- **Design**: Traditional Ethiopian art, communal seating, and live *azmari* music performances.

- **Interactive Dining**: Open kitchens and monthly cultural cooking workshops.

**3. Strategic Pricing**:

- **Affordable Luxury**: Meals priced at 200–500 ETB (≈$3.57–$8.93 USD), bridging the gap between street food and high-end restaurants.

- **Family Bundles**: "Unity Feast" combo (2 adults + 2 kids) for 1,000 ETB (≈$17.86 USD).

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### **Financial Highlights**

| **Metric** | **Year 1** | **Year 3** |

|--------------------------|------------------|------------------|

| Revenue | 14,000,000 ETB | 45,000,000 ETB |

| Net Profit | 3,500,000 ETB | 6,750,000 ETB |

| Net Margin | 25% | 15% |

**ROI Justification**:

- **26.4% ROI** derived from Year 1 net profit (3.5M ETB) against total project cost (28M ETB).

- **Break-Even Analysis**: Requires 1,200 customers/month at 350 ETB avg. spend to cover fixed costs (7M ETB/year).

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### **Competitive Advantages**

1. **Cultural Authenticity**: Deep-rooted Ethiopian heritage combined with global appeal.

2. **Operational Efficiency**:

- **Local Sourcing**: 85% ingredients from Ethiopian farms (Awash Dairy, Bahir Dar Farms), reducing costs by 20%.

- **Tech Integration**: POS systems linked to delivery apps (Deliver Addis) and loyalty programs.

3. **Scalable Model**: Designed for replication across Addis Ababa’s suburbs (e.g., CMC, Kazanchis).

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### **Sustainability & Social Impact**

- **Zero-Waste Initiatives**: Compost 90% of organic waste via partnership with GreenPath Ethiopia.

- **Youth Employment**: Train 50+ underserved youth annually in hospitality skills.

- **Community Engagement**: Sponsor cultural festivals (Timket, Enkutatash) and school nutrition programs.

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### **Strategic Positioning**

**Why Addis Ababa?**

- **Economic Hub**: Contributes 30% to Ethiopia’s GDP, with rising disposable incomes.

- **Tourism Gateway**: Proximity to UNESCO sites (Unity Park, Entoto) attracts 1.2M tourists/year.

- **Expatriate Demand**: Diplomatic and NGO communities seek familiar yet authentic dining experiences.

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### **Investment Appeal**

- **High-Growth Sector**: Ethiopia’s foodservice industry is projected to grow at 12% CAGR through 2030.

- **First-Mover Advantage**: Unique hybrid menu with no direct competitors in the mid-range segment.

- **Exit Potential**: Franchising (post-Year 3) or acquisition by global chains (e.g., Yum! Brands).

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**Conclusion**:

"Taste of Unity" combines Ethiopia’s rich culinary heritage with global innovation, offering families, expats, and tourists an affordable, culturally immersive dining experience. With a 26.4% ROI and scalable model, this venture is poised to capitalize on Ethiopia’s demographic and economic boom, delivering both financial returns and social impact.

*"Where Tradition Meets Taste, and Every Meal Unites."* 🌍🍽️

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