Lounge 264 - Nightclub -Sample Restaurant Business Plan

LOUNGE 264 – SAMPLE BUSINESS PLAN 9 © BPLA NEXPERTS.COM © BPLANEXPERTS.COM Business Model The Lounge 264 business model is shown below As part of the hospitality industry, the key focus for Lounge 264’s business model will concentrate on building customer loyalty and customer retention. While getting initial traction is comparatively easier, creating long term sustainability through customer loyalty is often challenging. Simply put, from a business perspective this would require consistency in product quality and strong customer engagement, both from a supply and demand side. Supply Side – The supply side for Lounge 264 will consist of;  Food raw material vendors  Wine suppliers  Other Spirits vendors  Professionals from the world of entertainment and music