Professional Documents
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The business aims to serve college students, professionals, and local adults residing in
the aforementioned area. It will be a mocktail bar in the morning where meals and non-
alcoholic drinks are served which minors can enjoy; in the evening liquors shall be served.
We believe that the uniqueness of the business will attract customers and will earn a profit
within a year of its official opening.
We plan to establish the business with total start-up cost of 700,000.00. To date the
owners have contributed 400,000.00 or 57% equity in the business. The owners are
seeking a commercial loan in the amount of 300,000.00 for repainting of walls, and
purchase of utensils, tables, and chairs and pay the salary of employees.
In view hereof, we would like to ask your good bank to lend us the amount needed to
launch our business. Attached herewith is our business plan. Kindly inform us if you need
additional information, we would gladly comply with your request.