PuertoRican Roots, LLC | Application Preview
Puerto Rican Roots, LLC is seeking government grants to establish a Puerto Rican restaurant in Findlay, Ohio. The funding will cover essential startup costs including the acquisition of equipment like freezers and stoves, renovations, health inspections, and initial operating expenses such as utilities and employee wages. The goal is to create a restaurant that reflects Caribbean culture featuring a diverse, high-quality menu for adults and children, emphasizing authentic Puerto Rican cuisine.
The mission includes becoming the first fully Puerto Rican restaurant in the region, enhancing local tourism, and promoting Puerto Rican culture. With backing from local sponsors like GOYA and CARMELAS, the restaurant aims to serve popular dishes such as Mofongo and Arroz con Gandules, while ensuring customer safety by addressing potential food allergies.
Puerto Rican Roots anticipates around 300 customers weekly, generating approximately $230,400 in annual revenue. The marketing strategy targets the significant Hispanic community in Hancock County, leveraging social media and community events to attract customers.
Overall, Puerto Rican Roots is committed to providing an authentic dining experience in a family-friendly atmosphere, supported by a strong business plan and community engagement initiatives.
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General Information
Business Registration Number: 88-3588282
Location: Findlay, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Puerto Rican Roots is in search of a location and financial aid since to fulfill this dream and this success, capital is required. Previously, it was said that Puerto Rican Roots would like to start small to continue feeling the support of each person in a local or simple place where you can provide customer service! Puerto Rican Roots has Sponsors such as GOYA, CARMELAS and other food products and companies that are used in Puerto Rican Creole cuisine. At the moment our calculations for this to be possible we believe that with capital when starting from 0 by ourselves we are talking about 30,000 to 50,000. They will comply with equipment such as Freezer Stove, Sink, health inspections, everything that a real certified Kitchen needs etc, renovation of the premises and cleaning, specialized materials for cleaning, and any other permission for the building or kitchen, product for cooking and necessary products and ingredients that will be used in the Puerto Rican Roots kitchen. The rest will go to the deposit of the local and first months as well as its services such as Gas, Electricity, Water and other services. They will also be used for the first payments of employees as well as special touch-ups that can be done to the premises, the business's own telephone will be installed as well as Wi-Fi service and all this type of utilities that a business requires. We believe that according to our estimation it will be of great help to open our Puerto Rican Roots business. - Create and design a restaurant that stands out for its Caribbean aspect, that has the best of Puerto Rican gastronomic culture. -Satisfy our customers with a wide and varied menu for adults and a special menu for children, offering typical, high-quality, nutritious foods at reasonable prices. -Bring Puerto Rican culture to Hancock county and grow the tourism. -Use different media communication to promote our service, attract customers, improve communication and learn from our wide and varied menu since it would be the first 100% Puerto Rican restaurant in Findlay, OH and many still do not know about Puerto Rico even though PR Has been part of the US since 1898.
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Business Plan
Mission Goal And Objective Mission Goal and Objective - Create and design a restaurant that stands out for its Caribbean aspect, that has the best of Puerto Rican gastronomic culture. -Satisfy our customers with a wide and varied menu for adults and a special menu for children, offering typical, high-quality, nutritious foods at reasonable prices. -Bring Puerto Rican culture to Hancock county and grow the tourism. -Use different media communication to promote our service, attract customers, improve communication and learn from our wide and varied menu since it would be the first 100% Puerto Rican restaurant in Findlay, OH and many still do not know about Puerto Rico even though PR Has been part of the US since 1898. Products And Services Puerto Rican Roots will have different options depending on the vision and the economic budget, at the moment our typical dishes are considered perfect for our clients. Since typical Puerto Rican dishes such as MOFONGO are dishes made from natural products, another example of our typical dishes is Arroz Con Gandules, although you may find it very tasty, this type of rice has an ingredient called Sofrito that is basically different and specific. Mixed Natural Vegetables, which is one of the Caribbean touches. A dish like Papas Locas and Tripletas are dishes that we consider as light and optional ingredients since for the Caribbean dish you have to use simple condiments, but when using Mayonnaise, Milk or other types of Allergic products you will be warned! Our typical dishes are not spicy, the dishes that we consider to be seafood will be put on the menu for different side options. Example Mofongo with Garlic Shrimp or Rice with Beans and Tilapia etc etc. To solve any type of decline in our business, we prefer to be 100% attentive to any Allergic product since many people suffer from it. If products with any of these ingredients are provided, the consumer will be notified. Executive Summary The business plan is to create and design a 100% authentic PuertoRican food restaurant, with friendly and family atmosphere, the menu will include food, desserts, drinks and snacks from Puerto Rico. Puerto Rican Roots LLC is a registered company that complies with all the necessary permits as well its owner and future employees, it will be managed by relatives and close people since we want to keep our for 100% authentic. We want to sing a restaurant to our community of Findlay, OH with Caribbean decoration, with Artisan dishes Creole. The sales pro-sections that we expect to have are around 300 clients per week, Which results in weekly sales of a little over $4,800 or $230,400 a year. BUSINESS OBJECTIVES The main objectives of the business plan for PRR are the following. • Be the first restaurant specialized in Puerto Rican food located in Findlay OH. •Provide excellent service and quality food at reasonable prices, with exemplary service. MISSION STATUS •Provide a unique gastronomic experience 100% authentic Puerto Rican, where they feel in a Caribbean atmosphere. Provide them menu items that incorporate quality ingredients and ingredients from Puerto Rico.We will be aware of the well-being of our clients and staff, treating each and every one with dignity and respect.We will use social networks, flyers, and different promotion.
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Self Identified Competition
Sales & Marketing Our promotional or marketing strategy will be a very simple one, why? Hancock County and nearby areas such as Toledo, Lima and other counties and cities have a high popularity of Hispanics especially Puerto Ricans. Our marketing and promotion is extremely wide since our food is requested by everyone but is not available anywhere in nearby areas of Findlay, I think it is my time to act and seize the moment because I have no doubt that when people start to see I am sure that more merchants will come to our business. Puerto Rican Roots has more than 11k followers on its Facebook Web page in such a short time it is one of the pages with the most Followers in the Findlay Restaurante area and it has not been stable yet when it is. Puerto Rican Roots has its vision of creating events for children and all kinds of families, especially as Hispanic families, and also the Findlay community can take advantage of it as something new in society, for example Carshow Events, Events for children and bounce houses, etc etc. PRR, LLC is at its best moment and its best spot is Findlay Ohio, let's take an example: Hancock County and nearby areas, as we previously wished, have a high popularity of Puerto Ricans, the Puerto Rican no matter what food you sell thei are going to buy PuertoRican Food. According to my research with over 6,500 Puerto Ricans, let's say that only Puerto Ricans will come to buy orders from us, of those 6,500 they take 2 daily orders each 2 times a month for 15.99, which will be the prices normally of a combo and typical artisan dish of Puerto Rican Roots we are speaking of an estimate of almost 415,000 dollars per year... at the same time we will be with service from DoorDash, Uber Eat, Gruhub and the best markets, WebSite etc etc, due to the huge amount of traffic we have, it will be almost impossible for the business to go away. Puerto Rican Roots will going to have shirts and their Sponsors logo as well as Flyers, Automated Emails, Banners, Social Media, Interviews, Potcast and different promotions at the moment. Unique Artesan Gastronomy PuertoRican Food
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