A Feasibility Study for a Quick-Service Restaurant 2025

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7 Steps to Do a Feasibility Study Conduct a Preliminary Analysis. Prepare a Projected Income Statement. Conduct a Market Survey or Perform Market Research. Plan Business Organization and Operations. Prepare an Opening Day Balance Sheet. Review and Analyze All Data. Make a Go/No-Go Decision.
Competition is fierce in the fast-food industry, with major chains dominating the market, such as McDonalds, Burger King, and Taco Bell. Additionally, keeping food costs low while maintaining quality can be tough. QSR usually sees profit margins between 6% and 9% due to lower labor costs and higher table turnover.
A feasibility study is an analytical tool used during the development of a new project to evaluate how it would operate under a set of assumptions. It explores an ideas viability and helps determine whether to invest further time and money.
Conducting a Feasibility Study Step One: Conduct a Preliminary Analysis. Step Two: Prepare a Projected Income Statement. Step Three: Conduct a Market Survey. Step Four: Plan Business Organization and Operations. Step Five: Prepare an Opening Day Balance Sheet. Step Six: Review and Analyze All Data.
A feasibility study contains a detailed analysis of whats needed to complete the proposed project. The report may include a description of the new product or venture, a market analysis, the technology and labor needed, and the sources of financing and capital.
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There are five main types of feasibility studies: technical feasibility, financial feasibility, market feasibility (or market fit), operational feasibility, and legal feasibility. Most comprehensive feasibility studies will include an assessment of all five of these areas.
Areas to cover in your executive summary again, briefly could include the following: Overview of your restaurant. Projected revenue and profit. Projected costs and expenses. Break-even point in dollars and in time. Competitive advantage for your area. Market research and proof of concept. Your Go or No-Go Decision.

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