2. Company Summary
Fressen Catering, located in Philadelphia, PA will offer high-end kosher catering to the Philadelphia community.
Fressen Catering will serve parties of 25-300 people with high-end kosher foods that are currently only available in New York City. Fressen Catering will offer a large menu repertoire, from traditional favourites to creative inventions. All of the food and drink items served will be done under strict supervision of the Orthodox Rabbinic authority.
Fressen will rent space for the office and kitchen in an industrial area of Philadelphia. Renting in the industrial area will significantly lower the cost.
Since the space will be used for food production it is not relevant for the store front to be aesthetically pleasing, or in a nice neighbourhood. Fressen Catering is forecasted to generate $395,000 in revenues for year three.
2.1 Start-up Summary
Fressen Catering will incur the following start-up costs:
- Two commercial stoves with ovens.
- Dishwasher.
- Two sets of cookware.
- Two sets of dishware.
- One van with rolling racks built in (a rolling rack is a wheeled rolling cart system that is insulated for both hot and cold food).
- Assorted serving trays and utensils, knives and cutting boards (two each).
- Desk and chair.
- Computer with printer, CD-RW, Microsoft Office, and QuickBooks Pro.
- Copier and fax machine.
2.2 Company Ownership
Fressen Catering is a sole proprietorship owned by Susan Cheflly.