IDPARTNERSHIP LIMITED

FOOD TRUCK IN JAMAICA

HIGHLY PROFITABLE BUSINESS TO OPEN A STREET FOOD PLACE AT DUNN'S RIVER FALLS

JAMAICA IS AN ISLAND IN THE CARIBBEAN
200 KM FROM THE UNITED STATES

The annual number of tourists to Jamaica from the United States, Canada and Europe is 5 million people, with a local population of 3 million. Revenues from tourism - $ 3.5 billion a year. Living standards in Jamaica are about 2.5 times more expensive than in Moscow

WHY IS STREET FOOD IN DEMAND IN JAMAICA?

HIGH PRICES, SLOW SERVICE AND POOR QUALITY OF FOOD

TOURISTS WANT TO EAT

MOST TOURIST ATTRACTIONS ARE ASSOCIATED WITH PHYSICAL ACTIVITY, AFTER WHICH THERE IS AN APPETITE

FEW NETWORKED FOOD FORMATS

JAMAICA DOES NOT HAVE A LARGE SELECTION OF CHAIN EATERIES: KFS, PIZZA HUT, BURGER KING. STARBUCKS. THE LOCAL CATERING INDUSTRY IS OF LOW QUALITY

HIGH AVERAGE BILL

THE AVERAGE BILL AT A RESTAURANT IN JAMAICA IS COMPARABLE TO PRICES IN THE UNITED STATES. THE COST OF GOING TO RESTAURANTS AND CAFES EVERY DAY IS EXPENSIVE FOR TOURISTS

WHY IS THE FOODTRUCK AT DUNN'S RIVER FALL?

6 REASONS TO CHOOSE THIS PLACE

PROVIDENCE

DUNN'S RIVER FALL is the second most popular tourist spot in Jamaica with 2,000-3,000 people a day

1
NO SEASONALITY

There is no seasonality in Jamaica, all year round, 365 days a year, sunshine, water and air temperature plus 30

2
LACK OF COMPETITION

There are three catering outlets at the waterfall, the assortment is weak, the prices bite. With a passability of 90,000 people a month, there is no competition in catering

3
LOW RENT

The DUNN'S RIVER FALL area is owned by the government of Jamaica. The rental rate is non-commercial and is in the $1,500 range, which is times lower than rental prices in Moscow

4
SIMPLE LOGISTICS

DUNN'S RIVER FALL is a 10-minute drive from the tourist center of Ocho Rios and 60 minutes from Jamaica's second-largest city, Montego Bay. The logistics are convenient

5
HIGH PROFITS

Given the tourist flow from the U.S., Canada, Europe and China, the average check for food per person in a tourist spot is - $ 13-15, in Russia a similar food outlet gives an average check - $ 5

6

COMPETITIVE ENVIRONMENT AND CATERING
AT DUNN'S RIVER FALL

THERE ARE COMPETITORS, BUT THERE IS NO COMPETITION
THE WAIT IS LONG, EXPENSIVE, AND TASTELESS

PRICE KFC

Prices at KFC for chicken popcorn from 1 chicken shank - 300 rubles. The nearest KFC is 5 km from the waterfalls
PRICE DUNN'S RIVER

Food court competitor prices at DUNN'S RIVER FALL: beer $7, water 0.3L $2, burger $5, tuna sandwich $7, any mountain dish $25.
NUMBER OF POINTS

Number of street food outlets (only water, chips and pie) - 2, cafe with lunch - 1. The nearest hotel with a restaurant and a check per person from $30, outside the park
COMPETITORS ON THE WAY OUT

The number of seats - a maximum of 100. With a capacity of 3,000 people a day. There are queues everywhere and you have to wait at least 40 minutes

DETAILED VIDEO REPORT ON THE DINING EXPERIENCE AT DUNN'S RIVER FALL

PROJECT IDEA

OPENING A HIGHLY PROFITABLE BUSINESS IN CATERING, STREET FOOD FORMAT WITH A COMPETITIVE PRICE OFFER, FAST SERVICE AND DELICIOUS MENU

INVESTOR PROPOSAL

OPENING A 50/50 JOINT VENTURE IN JAMAICA TO CREATE A COMPETITIVE STREET FOOD JOINT IN DUNN'S RIVER FALL PARK

TARGET AUDIENCE

Tourists from the U.S., Canada and Europe with a high level of income, aimed at a comfortable vacation with visits to tourist attractions. Locals for a weekend getaway
BUSINESS MODEL

Organization of catering in a super passable place with a high average check. The menu is simple to prepare. Designed for quick service and affordable prices. Main factors of success: tasty and familiar, fast, affordable
КЛЮЧЕВЫЕ ПОКАЗАТЕЛИ

Planned return on investment in a joint venture - 3 months, with a return on sales - 50%

DIVISION OF RESPONSIBILITIES BETWEEN INVESTOR AND PARTNER

REGISTERING A JOINT COMPANY AND OPENING A BANK ACCOUNT

CHOICE OF FOOD TRUCKS AND EQUIPMENT FOR PURCHASE IN RUSSIA

CONCLUDING A PURCHASE CONTRACT, RECEIVING AN INVOICE FOR PAYMENT OF THE FOOD TRUCK

CALCULATION OF DELIVERY FROM RUSSIA TO JAMAICA AND CUSTOMS CLEARANCE COSTS

CONCLUSION OF A LEASE AGREEMENT FOR A LAND PLOT TO PLACE A FOOD TRUCK

PAYMENT FOR THE PURCHASE OF THE FOOD TRUCK (100% OWNED BY THE INVESTOR)

OBTAINING LICENSES, TECHNOLOGICAL CHARTS, STAFF RECRUITMENT, OBTAINING WORK PERMITS AND STAFF TRAINING

DELIVERY OF THE FOOD TRUCK TO THE PARKING PLACE OF THE PARK, CONNECTION OF COMMUNICATIONS

GROCERY SHOPPING, PREPARATIONS FOR THE OPENING

PREPARING THE PAPERWORK FOR THE START OF OPERATIONS

OPERATIONAL BUSINESS MANAGEMENT

PROFITABILITY CONTROL

PROFIT DISTRIBUTION

BUSINESS DEVELOPMENT AND REPLICATION

Basic information about the partner:
20 years of experience in successfully implemented projects in companies of the Russian Federation with a turnover of more than 1 billion rubles.

INGA SAKOVSKAYA - DIRECTOR OF IDPARTNERSHIP LTD, JAMAICA

INVESTOR RISKS ARE MINIMAL, THE FOOD TRUCK IS 100% OWNED BY THE INVESTOR

IDPartnership LTD

KEY PERFORMANCE INDICATORS

AMOUNT OF INVESTMENT

The amount of investment for the launch of joint business is $ 69,700 or 5.2 million rubles. Payments are divided into 3 months. The period of start-up from the date of the contract - 3-4 months. This period includes obtaining permits, opening the company, obtaining licenses and permits to work
FULL RETURN ON INVESTMENT AND PROFITABILITY

Operating payback of the project from 1 month of work, the full return on investment - 3 months from the date of launching the business. Profitability of the business - 50%
NET PROFIT FOR THE YEAR

The annual planned net profit of the investor is - about $ 350,000 (24.5 million rubles.), A similar business in the Russian Federation in the most prohodnom place brings a maximum of 2.5-3 million rubles, which is 10 times less
PROPRIETARY FOOD TRUCK

The risks of an investor in a business in Jamaica are minimal. The food truck with equipment worth $45,000 remains the property of the investor, it can be sold profitably in Jamaica, recovering all the investment

IDPartnersip LTD

MENU & PRICES

GRILLED CHICKEN IN PITA 300gr. - 10$
MEXICAN BURRITO - $10
BAKED POTATOES WITH CHEESE - $5
CORN DOG CHICKEN - $3
POWDERED SUGAR DONUTS - $1.50
HOMEMADE LEMONADE - $3

IDPartnersip LTD

LOGISTICS AND BUSINESS PROCESS

HOW DOES IT WORK?

STAFF COMPOSITION

Employees work in two shifts of 12 hours. 8 hours of work at the point and 3 hours of food preparation for the shift and delivery to the park for the opening. 1 shift manager from RF with experience in this format, 3 local people (2 cooks, 1 cashier)

EMPLOYEE ACCOMMODATION

The investor pays for the accommodation of only two senior foremen from the Russian Federation - $500 per month for two people. Local employees travel to and pay for accommodation on their own

PURCHASE OF FOOD

Groceries are purchased daily, stored in the refrigerator at the point

PRODUCT PREPARATION

Preparation of products for the shift is made before the start of the working day at the point

IDPartnersip LTD

STAFFING AND SALARY

1ST SHIFT TEAM

SHIFT WORK SCHEDULE, 2X2

SENIOR COOK

З/П 1500$
COOK

З/П 700$
COOK

З/П 700$
CASHIER

З/П 700$

SEE BUSINESS PLAN CALCULATIONS >>>>>>>>>

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