Its operating hours would start at 5:00 o’clock PM until 5:00 o’clock AM of the next day. Three regular staff would be manning the café. The owner, as manager, would be in the café during the week and can assist the staff on some tasks, especially is the volume of customers would need additional hand.
The target gross income per month is $8,000 that would yield $96,000 in a year. Break-even point and return of investment can be attained in three to five years depending on the actual inflow of customers. With the start-up expense of $100,000 and initial month operational expense of $5,000 ($105,000), the current cash on hand of $80,000 would only require $25,000 that would be sourced out from relatives and friends. Bank loan is not a viable alternative at present since it will incur interest in addition to the burden of monthly amortization (which will not occur in the case of investors).
An initial of 20 computer units will initially provide the internet services with a plan to add 20 more units after three years. After five years, there will be expansion in the area, lease another property with larger space or establish a second branch.
Hang-out Cyber Café is a one-stop shop business outfit that will offer product and services to customers during nighttime. It will be operating for 12 hours daily from 5:00 o’clock PM to 5:00 o’clock AM for seven days a week. It can offer its internet services and products continuously in a month without interruption. This will ensure continuous earning for the business.
Hang-out Cyber Café will offer snacks and drinks for users and shoppers. It will also offer office, school and computer supplies that consumers can purchase conveniently since most of the stores and malls will be closed at nighttime. The supplies would include bond paper, ball pen, pencil, stationery, notebook and pad paper, blank CD and DVD, printer ink, etc. Besides the internet services, ...
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