Replying to Avatar Hallel

Family restaurant chain:

Business Plan for Boaz Trading PLC: Family Restaurant Chain in Addis Ababa, Ethiopia

*"Taste of Unity" — Blending Ethiopian Heritage with Global Flavors*

---

### Executive Summary

Project Name: Taste of Unity Family Restaurant Chain

Location: Addis Ababa, Ethiopia

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: 26.40% | Break-Even: 24–30 Months

Boaz Trading PLC aims to establish a family restaurant chain in Addis Ababa, combining Ethiopian culinary traditions with international dishes. Targeting Ethiopia’s growing middle class and leveraging Addis Ababa’s urbanization, the chain addresses a gap in affordable, high-quality family dining. With a focus on cultural authenticity, strategic pricing, and operational efficiency, the project offers investors a high-return entry into Ethiopia’s thriving food sector.

---

### Mission & Vision

Mission: To deliver memorable dining experiences rooted in Ethiopian culture, fostering family connections through quality, affordability, and inclusivity.

Vision: Become Ethiopia’s most trusted family restaurant brand, expanding to 10 locations by 2030.

---

### Company Description

Boaz Trading PLC, headquartered in Addis Ababa, is launching "Taste of Unity," a family restaurant chain offering:

- Local Cuisine: Injera platters, doro wat, tibs.

- International Favorites: Burgers, pasta, salads.

- Kid-Friendly Menus: Balanced meals with cultural twists.

- Cultural Ambiance: Traditional decor with modern comfort.

---

### Market Analysis

Key Insights:

- Population: Addis Ababa: 5+ million | GDP Growth: 6.3% (2023).

- Urbanization: 25% annual growth in dining-out expenditure.

- Purchasing Power: Middle-class households spend 35% of income on food.

Market Gap: Limited mid-range family restaurants offering hybrid menus.

---

### Competitive Analysis

Direct Competitors:

- Traditional eateries (low price, limited ambiance).

- International chains (higher price, less cultural appeal).

SWOT Analysis:

- Strengths: Cultural authenticity, strategic pricing.

- Weaknesses: New market entry, supply chain risks.

- Opportunities: Tourism growth, untapped suburbs.

- Threats: Currency volatility, rising competition.

---

### Target Market & Segmentation

- Primary: Middle-class families (monthly income 15,000–40,000 ETB).

- Secondary: Expatriates, tourists, corporate groups.

- Segmentation: Urban families, millennials, and Gen Z seeking experiential dining.

---

### Product/Service Line

- Signature Dishes: Fusion platters (e.g., “Injera Tacos”).

- Services: Catering, cultural event hosting, meal subscriptions.

---

### Pricing Strategy

- Average Meal: 200–350 ETB (≈$3.57–$6.25 USD).

- Kids’ Meals: 100–150 ETB.

- Premium Dishes: 400–500 ETB (targeting expats/tourists).

---

### Marketing & Sales Strategy

- Digital Campaigns: Social media (Facebook, Telegram), influencer partnerships.

- Community Engagement: Cultural festivals, school collaborations.

- Sales Channels: Dine-in, takeaway, delivery via partnerships (e.g., Deliver Addis).

---

### Financial Projections (ETB)

Year 1:

- Revenue: 14,000,000 ETB

- Expenses: 10,500,000 ETB

- Net Profit: 3,500,000 ETB

Year 3:

- Revenue: 45,000,000 ETB (3 locations)

- ROI: 26.4% (CAGR).

---

### Funding Request

- Total Requirement: 28,000,000 ETB.

- Equity Offering: 70% (19,600,000 ETB).

- Debt Financing: 30% (8,400,000 ETB).

---

### Risk Mitigation

- Currency Risk: Local sourcing (85% ingredients from Ethiopian farms).

- Supply Chain: Multi-supplier contracts for key items.

---

### Sustainability & Social Responsibility

- Local Sourcing: Partner with 20+ smallholder farms.

- Zero Waste: Compost organic waste; donate surplus to NGOs.

---

### Implementation Timeline

1. Months 1–3: Site acquisition, staff hiring.

2. Months 4–6: Kitchen setup, menu testing.

3. Month 7: Grand opening with media campaign.

---

### Exit Strategy

- Acquisition: Target international food chains entering Ethiopia.

- Franchising: License model after Year 5.

---

### Appendix

- Detailed financial models.

- Supplier MOUs.

- Menu samples and floor plans.

---

Investor Appeal: High-growth sector, cultural differentiation, and scalable model in Africa’s diplomatic hub. Returns anchored in Ethiopia’s demographic boom and urbanization.

*"Taste of Unity: Where Every Bite Tells a Story."* 🌍🍴

expand more on

Product/Service Line

- Signature Dishes: Fusion platters (e.g., “Injera Tacos”).

- Services: Catering, cultural event hosting, meal subscriptions.

Reply to this note

Please Login to reply.

Discussion

**Expanded Product/Service Line: Taste of Unity Family Restaurant Chain**

---

### **1. Signature Dishes: Fusion of Ethiopian Heritage & Global Flavors**

**Core Philosophy**: Blend Ethiopia’s culinary traditions with international techniques, creating dishes that appeal to diverse palates while celebrating local ingredients.

#### **A. Fusion Platters**

- **Injera Tacos**:

- **Description**: Soft *teff* injera wraps filled with spiced lentils, avocado, tomato salsa, and *ayib* (Ethiopian cottage cheese).

- **Target Audience**: Families, millennials, and tourists seeking a playful twist on tradition.

- **Price**: 250 ETB (2 tacos + side of *shiro* dip).

- **Berbere Burgers**:

- **Description**: Juicy beef patties seasoned with *berbere* spice, topped with caramelized onions, *kibe* (spiced butter), and served on *teff* buns.

- **Target Audience**: Expats, Gen Z, and meat lovers.

- **Price**: 350 ETB (burger + *timatim* salad).

- **Coffee-Rubbed Steak**:

- **Description**: Grilled beef tenderloin marinated in Ethiopian Yirgacheffe coffee grounds and *mitmita*, served with roasted root vegetables.

- **Target Audience**: Premium diners, tourists.

- **Price**: 500 ETB (includes dessert: *tibs*-spiced chocolate mousse).

#### **B. Kid-Friendly Innovations**

- **Mini Explorer Plates**:

- Bite-sized *sambusas* (stuffed with cheese or lentils), honey-glazed *injera* rolls, and fruit skewers.

- **Price**: 150 ETB.

- **Build-Your-Own Fit-Fit**:

- Crumbled injera with choice of veggies, sauces, and proteins (chicken, beef, or lentils).

- **Price**: 200 ETB.

---

### **2. Services: Beyond Dining**

#### **A. Catering**

- **Corporate Catering**:

- **Lunchboxes**: Customizable meals (400 ETB/person) with options like *doro wat* quinoa bowls or vegan *shiro* wraps.

- **Event Packages**:

- **Silver**: 10,000 ETB (25 people, 2 mains + sides).

- **Gold**: 25,000 ETB (50 people, 3 mains + dessert + coffee ceremony).

- **Weddings & Celebrations**:

- **Traditional Feast**: *Injera* platters, *tibs*, and honey wine (200 ETB/person).

- **Fusion Buffet**: Mix of Ethiopian and international dishes (300 ETB/person).

#### **B. Cultural Event Hosting**

- **Azmari Nights**:

- Weekly live music performances featuring traditional Ethiopian artists.

- **Package**: 5,000 ETB/hour (includes dinner for 50 guests).

- **Coffee Ceremony Workshops**:

- Interactive sessions on roasting beans, brewing *jebena* coffee, and pairing with snacks.

- **Price**: 500 ETB/person (group discounts available).

- **Ethiopian Cooking Classes**:

- Learn to make *injera*, *doro wat*, and fusion dishes.

- **Family Package**: 1,500 ETB (2 adults + 2 kids).

#### **C. Meal Subscriptions**

- **Weekly Family Plan**:

- 5 meals (4 servings each) with rotating menus (e.g., Monday: *kitfo* sliders, Wednesday: *berbere* pasta).

- **Price**: 4,000 ETB/week (free delivery).

- **Healthy Lunchbox Subscription**:

- For busy professionals: 10 gluten-free/vegan meals (e.g., lentil *shiro* salad, *teff* grain bowls).

- **Price**: 3,000 ETB/week.

---

### **3. Unique Selling Points**

1. **Cultural Storytelling**:

- QR codes on menus link to videos about ingredient origins (e.g., “The Journey of *Teff* from Farm to Table”).

2. **Sustainability**:

- **Zero-Waste Catering**: Compostable servingware and surplus food donations to *Addis Food Bank*.

- **Local Sourcing**: 85% ingredients from Ethiopian farms (reduces carbon footprint by 40%).

3. **Tech Integration**:

- **App-Based Orders**: Customize meal subscriptions, track loyalty points, and pre-book events.

- **Delivery Network**: Partner with *Deliver Addis* and in-house riders (45-minute guarantee).

---

### **4. Pricing Strategy**

| **Product/Service** | **Price Range (ETB)** | **Margin** |

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

| Fusion Platters | 250–500 | 55% |

| Catering (per person) | 200–300 | 50% |

| Cooking Classes | 500–1,500 | 60% |

| Meal Subscriptions | 3,000–4,000/week | 45% |

---

### **5. Competitive Differentiation**

- **Cultural Fusion**: Unmatched blend of Ethiopian authenticity and global innovation.

- **Experiential Dining**: Interactive elements (e.g., cooking classes) vs. static competitors.

- **Convenience**: Meal subscriptions and catering cater to urban families’ busy lifestyles.

---

**Why It Works**:

By merging Ethiopia’s culinary heritage with modern convenience and global tastes, *Taste of Unity* becomes more than a restaurant—it’s a cultural hub. The diversified revenue streams (dine-in, catering, subscriptions) ensure resilience, while storytelling and sustainability build brand loyalty.

*“Where every dish is a bridge between tradition and tomorrow.”* 🌍🍴