778-Som-Lalit Institute Of Business Management - Gujarat ...
778-Som-Lalit Institute Of Business Management - Gujarat ...
778-Som-Lalit Institute Of Business Management - Gujarat ...
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Restaurant <strong>Business</strong> in Qatar<br />
Company Ownership<br />
The restaurant will start out as an LLC corporation, owned by its founders, Monank<br />
Patel, Gaurang Tank, Digvijay Parmar, Pratik Sur, Nihar Nathvani and Balmukund<br />
combinely holding 49% of stack with other 51% by a Qatari Friend.<br />
Start-up Summary<br />
The restaurant will require 3000 sq. feet space. Our start-up costs are mostly<br />
expensed equipment, furniture, painting, reconstruction, rent, start-up labor, and<br />
legal and consulting costs associated with opening our restaurant.<br />
We will require minimally QAR 100,000 just to open a bank account (After One<br />
month of the establishment we can use this money)<br />
We will then need to cover the fees of all commercial registrations, computer ID's<br />
etc. (maybe around QAR 50,000)<br />
We will purchase the following current assets during start-up:<br />
Fixtures and Lights: QAR 118,000<br />
Sound and Televisions: QAR 30,000<br />
<strong>Of</strong>fice Equipment (2 Computers, Fax, Printer, Safe): QAR 24,000<br />
Long-term Assets in the amount of QAR 237,000 include all kitchen equipment.<br />
Restaurant Design<br />
Single-Level Design Concept: The total space requisite is 3,000 square feet. The<br />
restaurant will feature a comfy and open concept design. The central dining area will<br />
allocate 76 seats, the lounge 22 seats, and the dining bar with 12 seats. In total, the<br />
eatery will offer seating for 110 patrons.<br />
Restaurant Location:<br />
Midtown of Doha, Qatar.<br />
64 | P a g e