Convenience Store

In: Business and Management

Submitted By Yoyofion
Words 4269
Pages 18
Reids Convenience Store

Business Plan

April 2003

Ben Reid
Reid's Convenience Store
1035 Whenun Road
Prince George, BC, V2K 5G5
Phone: (250) 555-5555
Fax: (250) 555-5555
E-Mail: reid@aol.com

Executive Summary:

Applicant/Company Information

a. Business Name: Reid's Convenience Store b. Address: 1035 Whenun Road, Prince George, BC, V2K 5G5 c. Phone: (250) 555-5555 d. Contact Person: Johnathan Reid

e. Business Structure: Sole Proprietorship

f. Banking Information:

Bank: Royal Bank Address: Royal Bank - Main Branch 550 Victoria Street, Prince George, BC V2L 2K1 Phone: (250) 555-5555 Fax:(250) 555-5555 Contact: Mr. V. Happy Title: Loans Officer

g. Anticipated Start Date:

Reid's Convenience store is prepared to purchase the equipment and inventory necessary to begin operations immediately, upon approval of funding.

h. Business concept:

Mr. Reid recognized a need for a store in the area after a neighbouring store closed. Mr. Reid conducted a resident's survey asking about the need for a corner store and the result was the community overwhelmingly supported the concept. There are no such stores within an 8-block radius. The target market will include local residents both on and off reserve.

Mr. Reid has extensive retail experience in both grocery and sundry sales, and has identified four primary categories of product; pop/chips; toys; taxable cigarettes and food products.

The Principal, Mr. Reid will, upon approval of funding, renovate the building, and purchase the necessary equipment and inventory.

i. Business operations (facility, equipment,…...

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