Group 5 VEDASTO Feasibility Study
Group 5 VEDASTO Feasibility Study
Bachelor of Science
Submitted by:
Caballero Monalen B
Submitted to:
June 2024
TABLE OF CONTENTS
SECTION I .................................................................................................................. 5
EXECUTIVE SUMMARY .................................................................................................. 5
LOGO AND MEANING ................................................................................................... 6
MISSION ................................................................................................................... 7
CORE VALUES............................................................................................................. 7
SITE LOCATION AND TRAFFIC PATTERN .............................................................................. 9
TRAFFIC PATTERN...................................................................................................... 10
SECTION II ............................................................................................................... 11
INDUSTRY ................................................................................................................ 11
SIZE OF THE RESTAURANT INDUSTRY .............................................................................. 11
MAJOR PARTICIPANT OF INDUSTRY ................................................................................ 11
SUCCESS FACTORS ..................................................................................................... 12
INDUSTRY TRENDS ..................................................................................................... 13
SECTION III .............................................................................................................. 16
PRODUCT ................................................................................................................ 16
PRODUCT DEVELOPMENT ............................................................................................ 21
COMPETITIVE PRODUCTS ............................................................................................ 22
COMPETITIVE SERVICES .............................................................................................. 22
ATTRACTION ON MARKET ........................................................................................... 22
MARKETING STRATEGIES. ............................................................................................ 23
RESEARCH AND DEVELOPMENT ..................................................................................... 23
FUTURE DEVELOPMENT AND OBJECTIVE .......................................................................... 24
NEW TECHNOLOGY.................................................................................................... 24
TECHNOLOGY RISK .................................................................................................... 25
COMPETITORS TECHNOLOGY ........................................................................................ 26
FINANCIAL CONSIDERATION ......................................................................................... 27
PRICING STRATEGY .................................................................................................... 27
INVENTORY MANAGEMENT ......................................................................................... 28
CASH FLOW REQUIREMENTS ........................................................................................ 29
SECTION IV .............................................................................................................. 30
MARKET ............................................................................................................... 30
MARKET GEOGRAPHICALLY LOCATION............................................................................ 33
PRICE, QUALITY AND SERVICE....................................................................................... 33
MARKET ................................................................................................................. 35
MARKET CHARACTERISTIC ........................................................................................... 36
COMPETITORS STRENGTH AND WEAKNESS ...................................................................... 37
MARKETING STRATEGIES ............................................................................................. 39
SECTION V ............................................................................................................... 41
2
OPERATION ............................................................................................................. 41
PRODUCTION PROCESS ............................................................................................... 41
PERSONNEL REQUIREMENTS ........................................................................................ 54
PLANT AND EQUIPMENT ............................................................................................. 62
PREMISES NEEDS ...................................................................................................... 66
SECTION VI .............................................................................................................. 68
MANAGEMENT ......................................................................................................... 68
ORGANIZATIONAL STRUCTURE ...................................................................................... 68
MANAGEMENT TEAM: ............................................................................................... 68
KEY MANAGEMENT PERSONNEL ................................................................................... 70
OPERATING SCHEDULE ............................................................................................... 71
FUTURE RECRUITMENT PLANS ...................................................................................... 71
SECTION VII ............................................................................................................. 74
IMPLEMENTATION SCHEDULE .............................................................................. 74
TIME TABLE ............................................................................................................. 75
PLANNING AND CONCEPT DEVELOPMENT LOCATION SET UP AND PERMIT ACQUISITION ............. 78
JULY (MONTH 1) ...................................................................................................... 78
INTERIOR DESIGN AND MENU DEVELOPMENT .................................................................... 78
AUGUST (MONTH 2) ................................................................................................. 78
CONSTRUCTION ........................................................................................................ 78
SEPTEMBER – MARCH (MONTH 3-9) ............................................................................ 78
STAFF HIRING AND TRAINING ....................................................................................... 78
APRIL (MONTH 10) ................................................................................................... 78
MARKETING PROMOTION FINAL PREPARATION ................................................................ 78
MAY (MONTH 11) .................................................................................................... 78
GRAND OPENING ...................................................................................................... 78
JUNE (MONTH 12).................................................................................................... 78
DECISION POINT ....................................................................................................... 78
SECTION VIII ............................................................................................................ 81
FINANCE .................................................................................................................. 81
CAPITAL INVESTMENT BUDGET ..................................................................................... 82
CONSTRUCTION COST................................................................................................. 83
PERMIT AND LICENSE ................................................................................................. 83
PRE-OPENING EXPENSES............................................................................................. 83
EQUIPMENT ............................................................................................................. 84
OVER HEAD EXPENSES ............................................................................................... 87
CONTINGENCIES........................................................................................................ 87
OPERATING CAPITAL .................................................................................................. 89
FIXED CAPITAL.......................................................................................................... 89
3
BALANCE SHEET ........................................................................................................ 91
RETURN OF INVESTMENT............................................................................................. 92
BREAK EVEN POINT ................................................................................................... 92
SECTION IX .............................................................................................................. 93
APPENDICES ............................................................................................................ 93
LAY OUT OF VEDASTO ................................................................................................ 93
3D PICTURES OF VEDASTO .......................................................................................... 94
LABORATORY OF VEDASTO ........................................................................................ 100
FOOD COSTING....................................................................................................... 105
GROUP PICTURE ...................................................................................................... 120
MENU ................................................................................................................. 121
Diorama..……………………………………………………………………………………………………………126
Permits………………………………………………………………………………………………………………126
Resume……………………………………………………………………………………………………………..127
Reference…………………………………………………………………………………………………………….132
4
SECTION I
Executive Summary
cuisine.
5
Social media is integral to Vedasto's marketing
6
identity and values. Brown evokes warmth and richness,
Mission
culture.
Vision
Filipino cuisine.
Core Values
7
unwavering commitment to our goals, customers, and team by
expectations.
Demand Generator
business professionals.
8
Site location and traffic pattern
9
Traffic Pattern
10
SECTION II
Industry
BGC Taguig.
11
to the expansion and sustainability of the market. Leader
in contemporary food.
heritage.
Success Factors
12
ingredients and preparation methods ensures customer
Industry Trends
13
neighborhoods like BGC, have a growing appetite for high-
local ecosystem.
14
guest comfort using solar panels is Vedasto’s top priority
15
SECTION III
Product
Table 1
Appetizer Price
16
Filipino-style pork ₱190
Consist of pork belly
chopped, heated tortilla and
guacamole consistingof,
avocado, tomato,lemon,onions
Salad/Soup Price
Creamy Mushroom Dilis ₱175
Mushroom sauce is rich and
creamy, and loaded with
mushroom flavor and Dilis
17
Caesar Salad ₱195
Made with roman lettuce,
yogurt,bread sticks, chicken
tighs and some salt and
pepper to taste.
Dessert Price
Chocolate Taho ₱140
Rich in tofu a sweet creamy
tofu,mix with chocolate syrp
and tapioca pearl.
18
Rice Pudding ₱165
Glutinous rice cooked in
coconut milk, often wrapped
in banana leaves, coconut
leaves, or buli or buri palm
(Corypha) leaves for
steaming.
19
Lechon pasta bicol ₱350
express
Features crispy
lechon meat in a creamy sauce
infused with Bicol Express'
spicy flavors,often cooked al
dente and topped with coconut
milk.
Rice Price
Steam Squid Fried Rice ₱90
Stir Steam Squid rings with
White rice
Beverages Price
Durian Shake ₱190
Tropical delight Made with
creamy durian fruit blended
with ice and a touch of
sweetness.
20
Bignay wine ₱50
A Filipino fruit wine crafted
from the berries of the
native bignay tree,
characterized by its deep red
color, slight sweetness, and
fruity aroma
Product Development
and add special tea, Vedasto will assure that the guest
guest.
21
Competitive Products
marketing strategies.
Competitive Services
marketing strategies.
Attraction on Market
22
Competitive Pricing Strategy, offers value for money
marketing strategies.
23
pilot projects test new concepts in a controlled
New Technology
24
Technology Risk
25
kiosks, wireless internet systems, and payment processing
NFC-enabled devices.
Competitors Technology
Raging Bull Chophouse & Bar, and Mecha Uma utilize various
rewards programs.
26
Culinary Technology includes sous-Vide, Combi Ovens,
Financial Consideration
directly or indirectly.
Pricing Strategy
27
food. This picture present Vedasto signature dish and
prices
Inventory Management
buying choices.
28
Cash Flow Requirements
payroll to pay staff for the work they do, and rent or
29
SECTION IV
MARKET
Setting.
Demographic Data
30
Customers
31
and affluent tourists.
Foreign patrons seek out
fine dining establishments
like Vedasto to sample
world-class cuisine,
experience impeccable
service.
Taguig is home to numerous
business districts and
corporate hubs, including
BGC and McKinley Hill,
which attract a steady
influx of business
executives, entrepreneurs,
and industry leaders. These
Business Professionals professionals often
frequent fine dining
restaurants for power
lunches, client meetings,
and networking events,
making them a key
demographic for
establishments like
Vedasto.
32
Table 2
Market Geographically Location
33
experiences and may perceive higher prices. Quality
and presentation.
establishments abroad.
requests.
34
Local Filipino People. Price Sensitivity, Local
Market
Setting.
35
infrastructure, rich Population, and variety of dining
Market Characteristic
36
Gallery By Chele sets the bar for culinary excellence
heritage.
Service:
Exceptional service with attentive and knowledgeable staff.
Quality:
High-quality, innovative dishes that blend traditional Filipino
ingredients with modern techniques.
Strength Weakness
•Emphasizes local and indigenous •High-end nature may limit
ingredients to support local accessibility to a broader
farmers and showcase the audience.
Philippines' natural resources. •Limited seating and
•Prioritizes sustainability from reservation requirements
sourcing to serving, aligning may pose challenges.
with global environmental •Menu complexity may
Responsibility trends. intimidate
•Chef Chele Gonzalez's expertise conservative diners or food
drives the enthusiasts.
restaurant's vision and culinary •Sustainability limitations
excellence. may arise from maintaining
•The restaurant's elegant yet eco-friendly practices,
welcoming especially with rare or
design and attention to detail unique ingredients.
enhance the
dining experience.
Black Bird
Price:
37
High-end pricing with main courses typically ranging from PHP
1,200 to PHP 2,500.Tasting menus and specialty dishes can go
higher, especially with wine pairings.
Service:
Highly regarded service with professional and friendly staff.
Quality:
High-quality dishes with a diverse, globally-influenced menu.
Strength Weakness
•Diverse and High-Quality Menu: •High-end prices may limit
Offers international cuisine accessibility.
with innovative twists. •High popularity and
•Ambiance and Aesthetic: crowding due to
Sophisticated interior design reputation and location.
and lush surroundings of Ayala •Intimidating menu for
Triangle Gardens provide a simpler tastes or dietary
serene dining atmosphere. restrictions.
•Central Location: Easily •High noise levels during
accessible, preferred for casual peak hours can Affect dining
and business dining in Makati. experience.
Mecha Uma
Price:
High-end pricing with tasting menus (omakase) ranging from PHP
4,000 to PHP 6,000 per person. A la carte options are also
premium-priced.
Service:
Excellent service with a focus on providing a personalized
dining experience.
Quality:
High-quality Japanese-inspired cuisine with an emphasis on
freshness and unique flavors.
Strength Weakness
•Contemporary interior design: •High prices may deter
Vibrant, upscale atmosphere budget-conscious diners.
suitable for both casual •Limited non-meat options
and formal dining. due to focus on steaks and
•Comprehensive wine list: Well- meats.
curated selection of wines and •Difficulty in securing
spirits, catering to reservations due to high-end
diverse guest preferences. hotel location.
•Prime location: Located in •High noise levels may not
Shangri-La at the Fort, a suit diners seeking quieter,
convenient choice for hotel intimate settings.
guests and visitors.
•Service excellence: Attentive
and knowledgeable staff,
enhancing dining experience.
38
Marketing Strategies
and influencers.
39
age, financial status, way of life, eating preferences, and
40
SECTION V
Operation
Production Process
Appetizer
Ingredients Procedure
Prepare the Pork Belly:
Season the pork belly strips
with rock salt and pepper.
41
2 tomatoes, diced Mash the avocados with a fork
Juice of 1 lime until smooth but still
Salt to taste slightly chunky.
Tortillas:
4 tortillas Add the chopped cilantro, red
onions, diced tomatoes, and
lime juice to the bowl.
Yield :2
Mix everything together and
Cooking time: 15 mins prep 40 season with salt to taste.
min cooking
Assemble the Tortillas
Shan Dump
Ingredients Procedure
Prepare the Ingredients:
Dice the tofu into small cubes.
42
Cooking Time: 1hr Add the diced tofu and sliced
champignons mushrooms to the
skillet. Cook until the tofu is
lightly browned and the
mushrooms are tender, about 5-
7 minutes.
43
Divide the dough into
small equal portions
(about 20 pieces).
44
45g butter Allow soup to simmer for
15 minutes before
Yield: 8 serving.
Caesar Salad
Ingredients Procedure
Add small squid,
mayonnaise, Parmesan
cheese, lemon juice, mix
well to combine. Season
to taste with salt and
black pepper. Refrigerate
until ready to use.
45
120ml Mayonnaise cheese, and Chicharon;
2tsp lemon toss well to coat.
50g Chicharon
60g Small Squid Top with the Boiled Egg
0.78 Black Pepper
3.15g Salt
Yield: 4
Main Course
Squid Adobo
Ingredients Procedure
46
Transfer to a servinbowl
then serve.
Laing Suso
Ingredients Procedure
Ingredients Procedure
47
2 tablespoons ginger minced Marinade for 1 to 3
2 tablespoons garlic minced hours.
3/4 cup lemongrass chopped
1 cup coconut vinegar In a bowl, combine
1/2 cup lemon or calamansi juice margarine, annatto oil,
1 tablespoon salt salt, and lemon juice
1/4 cup brown sugar then stir. Set aside.
1 cup lemon soda softdrink Grill the chicken while
1/2 tablespoon ground black basting generous amount
pepper of the margarine mixture.
Basting Sauce:
3 tablespoons annatto oil Transfer the grilled
atsuete oil chicken to a serving
1/2 cup margarine softened plate.
1/4 teaspoon salt Serve with sinamak.
1 teaspoon lemon or calamansi
juice
Yield: 4
Ingredients Procedure
First, we need to
blanching the
vegetables. Prepare a
pot of boiling water.
Drop the vegetables in
quickly or until the
color becomes brighter
and darker, then remove
1 cup puso ng saging, cut into them immediately.
2-inch lengths Reserve the pot of
1 cup string beans, cut into 2- water.
inch lengths
1 cup eggplant, cut into 2-inch Get another pot and make
lengths it nice and hot over
2 cups water medium heat. Pour some
1 (40g) pack Knorr Complete oil and sauté onions and
Recipe Mix Kare Kare garlic. Add the reserved
1 pc onion, chopped blanching liquid and
4 cloves garlic, minced pour in the Knorr Kare
¼ kg shrimps, cleaned Kare Mix. Simmer until
¼ kg squid, cleaned and cut into thick, stirring
rings occasionally.
12 pcs medium-sized tahong,
steamed Add squid rings and
shrimps and simmer until
cooked through. Place
48
back the blanched
Yield: 4 vegetables and steamed
tahong last.
Cooking Time: 55 mins
Bangus belly with 4 Cheese
Ingredients Procedure
49
Dessert
Chocolate Taho
Ingredients Procedure
Yield:2
Ingredients Procedure
50
Scoop about 2-3 tablespoons
of rice into a banana leaf and
roll into a thin log. Fold 2
inches of each end towards the
middle to enclose the rice.
Ingredients Procedure
51
Bake until the cream puffs are
golden brown (~30 minutes).
Ingredients Procedures
Yield: 6
Palabok Pizza
Ingredients Procedure
52
ground black pepper, In the same pan, throw in
Yield: 2 the garlic and sauté until
brown. Add in the shrimp and
Cooking Time: 4hrs and 57 mins the flour, and stir
constantly to cook. Continue
to cook until thick and you
can smell the nutty aroma
and the shrimp turns bright
in color.
Ingredients Procedure
53
Personnel Requirements
Job Specifications
- Manage Staff,
- Experience in restaurant
management,
organizational skills,
multitask.
not required)
54
Duties and
activities,
training,
safety Regulation.
Job/Salary : Confidential
daily
- Experience in a supervisory
role,
demeanor,
Duties and
55
Responsibilities - Assist with staff management and
training,
manager’s absence,
issues
Job/Salary, : Confidential
- Handle payments,
- Transaction Processing
- Attention to detail,
shifts
Duties and
56
Responsibilities - Operate cash registers and handle
Transactions,
cashier area.
Job/Salary, : Confidential
- Supervise cooking,
standards
- Leadership skills,
safety regulations,
Duties and
processes,
schedules,
57
- Ensure high standards of food
quality presentation,
order supplies.
Job/Salary : Confidential
Duties and
in cooking,
regulations,
Job/Salary : Confidential
58
Job Specification - Cook and prepare food as Ensure
Duties and
recipes,
management.
Job/Salary : Confidential
Take orders,
personality,
59
- Have at least 6 months work
experience
Duties and
orders,
and handle
complaints,
dining area.
Position : Bartender
Job/Salary, : Confidential
- Experience in bartending,
Duties and
to recipes,
60
- Interact with customers and take
orders,
Position : Receptionist
Job/Salary, : Confidential
Customer,
administrative task
personality,
- Computer Skills,
Duties and
reservations,
61
- answer phone calls and respond
to inquiries,
tasks,
Bar Area
Bar chair Php 23,997
Locker
Locker Php 10,300
Toilet Area
Office Area
62
Office table Php 2,700
Dining Area
63
Dining Chair Php 175,892.64
4,967,542.92
Kitchen Area
With Sliding
Doors
With Sliding
Doors And
Splashback
Drawer
With Drawer
Rack
64
Work Bench with Php 10,000
Shelf
Splashback
Double Overshelf
Station
65
Dish Work Table Php 3,752
142,438
Total
5,168,877.92
Premises Needs
66
seeking to capitalize on the vibrant economic Opportunities
metropolis.
67
SECTION VI
Management
RRESTAURANT
MANAGER
ASSISTANT
HEAD CHEF
MANAGER
CCASHIER
RECEPTIO ASSISTAN
NIST T CHEF
BARTENDE
R DISHWASH
ER
Management Team:
68
As Vedasto’s Restaurant Manager, we require someone
of service.
the kitchen.
69
For, our receptionist will be responsible for
advantage.
70
fostering a courteous, open, and achievement-oriented work
Operating Schedule
account for your budget. Once you have that, Vedasto will
71
use recruiting software and platforms to ensure that your
Performance Bonuses
Recognition Program
your staff.
provides the food and the building, but it’s the staff
72
directly affect income, employees quickly learn to go above
full composure.
73
SECTION VII
IMPLEMENTATION SCHEDULE
to an agreed timeline.
74
In Product Testing, this method of analyzing a product
Time Table
75
This foundational phase is crucial for setting the
Finalization
planned.
76
Month 11: Marketing Promotion and Final Preparation
77
Table 4
Time Frame
Decision Point
78
secure the chosen spot. This may involve negotiating lease
Vedasto’s vision.
dining experience.
restaurant.
79
7. Post-Opening Evaluation and Growth Strategies
80
VIII
FINANCE
guests.
Head Cook ₱16,320 per month, the assistant cook ₱14,400 per
₱738,763.74 annually.
81
Furthermore, the cost of machinery, equipment,
hundred ninety eight and ninety one centavos has been set
six thousand and eight hundred sixty three and Seventy Four
82
Construction Cost
₱15,000*320 = ₱4,800,000.
Total ₽5,480
Pre-Opening Expenses
A. Marketing Expenses
Categories Cost
Teaser video ₱7,800
Flyer ₱11,875
Total Php19,675
B. Security
Categories Cost Total cost
Fire extinguisher ₱1,599 ₱4,797
Radio/walkie talkie ₱337 ₱1,685
CCTV ₱1,499 ₱14,990
Smoke detector ₱1,890 ₱18,890
Emergency exit sign ₱300 ₱900
Water Sprinkle ₽49 ₽637
Total ₱41,262
83
C. Office Supplies
Categories Cost Quantity Total cost
Office table ₱2,700 1 ₱2,700
Office chair ₱1,200 1 ₱1,200
Console Table ₱3,000 1 ₱3,000
50” Tv ₱1,300 1 ₱1,300
Pens ₱3,000 1 ₱3,000
Pencils ₱90 50 ₱90
Market Permanent ₱7 10 ₱70
Highlighters ₱50 12 ₱50
Printer ₱83 5 ₱53
Longbook ₱8,795 1 ₱8,795
Sticky Notes ₱55 3 ₱115
Longbrown ₱32 100 ₱32
Envelope ₱100 100 ₱100
Blinders ₱118 1 ₱218
File Cabinet ₱1,295 1 ₱1,295
Stapler ₱98 3 ₱294
Staplets ₱60 4 ₱240
Tape ₱34 10 ₱240
Tape Dispenser ₱137 2 ₱340
Scissors ₱14 5 ₱274
Hole Puncher ₱95 2 ₱70
Cartridges ₱450 9 ₱190
(Colored) ₱450 4 ₱4,050
Cartridges(Black)
Laptop ₱30,000 1 ₱30,000
Folders ₱68 12 ₱68
Total ₱59,344
Equipment
A. Dinning Equipment
Categories Cost Quantity Total Cost
Round Table ₱89,747.52 12 ₱1,076,970.24
Dinning Chair ₱7,328.86 24 ₱1,175,892.64
Service ₱3,920 2 ₱7,840
Trolley
Serving Tray ₱200 5 ₱1000
Piano ₱3,688,680.04 1 ₱3,688,680.04
Total ₱5,950,382.92
84
B. Bar Equipment
Categories Cost Quantity Total cost
Bar Chair ₱7,999 3 ₱23,997
Electric citrus ₱2,980 1 ₱2,980
juicer
Chopping Board ₱269 3 ₱807
French Knife ₱209 3 ₱627
Paring Knife ₱149.66 3 ₱449
Melon Baller ₱180 2 ₱360
Peeler ₱21.66 3 ₱65
Bar Blender ₱2,798 1 ₱2,798
Kitchen Shears ₱100 3 ₱300
Anti Fatigue ₱1,994 2 ₱3,990
floor Mat 2
Measuring Cups ₱79 ₱158
Towels ₱12 18 ₱216
Showcase ₱22,790 1 ₱22,790
Chiller 50
Red Wine Glass ₱230 ₱11,500
White Wine 50
Glass ₱175 ₱8,750
Collins Glass ₱50 50 ₱2,500
Hurricane Glass ₱120 50 ₱6,000
Goblet ₱60 50 ₱3,000
Ice Tong ₱189 3 ₱567
Wine Bottle ₱27 15 ₱405
Opener
Bar Tray ₱18.83 18 ₱1,563
Ice Bucket ₱228 6 ₱1,368
Total ₱95,278
C. Cooking Equipment
Categories Cost Quantity Total Cost
Flat Electric ₱26,500 1 ₱26,500
Griddle
Gas Lava Rock ₱32,000 1 ₱32,000
Grill
Gas Griddle ₱1,435 1 ₱1,435
Gas Fryer ₱2,047 1 ₱2,047
Gas Stove ₱4,295 1 ₱4,295
Refrigerated ₱22,700 1 ₱22,700
Counter Top
6 Door Upright ₱99,990 1 ₱99,990
Chiller
Total ₱188,967
85
D. Glass, Utensils, China Ware
Categories Cost Quantity Total Cost
Dinner plate ₱112 50 ₱5,600
Dinner Forf ₱29 50 ₱1,450
Dinner Spoon ₱29 50 ₱1,450
Bread Knife ₱29 50 ₱1,450
Soup Spoon ₱60 50 ₱3,000
Soup Plate ₱450 50 ₱2,250
Saucer ₱30 50 ₱1,500
Dessert Spoon ₱114 50 ₱5,700
and Fork
Fish Fork ₱99 50 ₱4,950
Fish Knife ₱89 50 ₱4,450
Appetizer Plate ₱40 ₱2,000
50
Total ₱38,800
E. Cooking Wares
Categories Cost Quantity Total Cost
Flat Electric ₱26,500 1 ₱26,500
Griddle
Gas Lava Rock ₱32,000 1 ₱32,000
Grill
Gas Griddle ₱1,435 1 ₱1,435
Gas Fryer ₱2,047 1 ₱2,047
Gas Stove ₱4,295 1 ₱4,295
Refrigerated ₱22,700 1 ₱22,700
Counter Top
6 Door Upright ₱99,990 1 ₱99,990
Chiller
Total ₱188,967
F. Packaging
Categories Cost Quantity Total
Cost
Paper Bag ₱12 300 ₱3,600
Total ₱6,636
86
G. Cleaning Materials
Categories Cost Quantity Total
Cost
Liquid ₱219.33 3 ₱658
Detergent Kit
Dustpan and ₱460 1 ₱460
Broom
Cleaning ₱3,126 1 ₱3,126
Trolley Cart
Mop Holder ₱2,039 1 ₱2,039
Mop ₱540 1 ₱540
Gloves ₱50 3 ₱150
Toilet Brush ₱55 2 ₱110
Handsoap Kit ₱450 3 ₱1,350
Tissue ₱70 30 ₱2,100
Dispenser for ₱248 2 ₱496
Soap
Tissue ₱380 2 ₱760
Dispenser
Total ₱11,779
B. Utilities
Categories Cost
Water ₱194,371.02
Electricity ₱526,392.72
Gas ₱600,000
Wi-Fi ₱18,000
TOTAL OVERHEAD EXPENSES ₱2,326,763.74
Contingencies Fund
87
it has a strong emergency fund in place by setting aside
Labor Expense
Assistant 1 48 ₱3,780
Manager
Cashier 2 48 ₱7,320
Head Cook 1 48 ₱4,080
Assistant Cook 1
48 ₱3,600
Line Cook 4
48 ₱14,640
Waiters/Server 4
48 ₱14,640
Bartender 1
48 ₱3,780
Receptionist 2
48 ₱7,320
₱63,360
Weekly Labor (₱63,360x52weeks) ₱3,294,720
88
Operating Capital
Category Daily Expenses Weekly
Expenses
Food ₱18,373.53 ₱128,649.71
Beverage ₱3,435.8 ₱24,049.2
Total ₱21,814.13 ₱152,698.91
Fixed Capital
Categories
Construction ₱4,800,000
Permit License ₽5,480
Pre-Opening ₱5,403,125.1
Security ₱41,262
Working Capital ₱152,698.91
Overhead Expenses ₱2,926,863.74
Contingency ₱258,300
Total ₽13,587,729.8
89
Income Statement of
VEDASTO
Projected Profit and loss statement
FIXED
EXPENSES: ₱1,976,000 ₱988,000 ₱988,000
Lease on land
Total Fixed
Expenses
Total ₱11,678,047.8 ₱7,620,900.13 ₱8,230,432.5
controllable
and Fixed
Expenses
Net Profit ₱7,244,808.88 ₱13,194,242.3 ₱14,476,995.5
Before Taxes
Income Taxes ₱2,173,442.66 ₱3,958,272.69 ₱4,343,098.65
Net Income ₱5,071,366.22 ₱9,235,969.61 ₱10,133,896.9
90
Balance Sheet
Current assets
Cash ₱258,300
Food Inventory ₽5,332,864.7
Fixed Assets
Building ₱988,000
Non-current Asset
Construction ₱4,800,000
Total Asset ₱18,282,289.8
LIABILITIES
Current Liabilities
Accounts Payable ₽3,706,560
Notes Payable ₽12,000,000
Total current Liabilities ₽15,706,560
Long-term Liabilities
Mortage Building ₽988,000
OWNER’S EQUITY
Capitalization ₽1,587,729.8
Total Liabilities and ₽18,282,289.8
Equity
91
Return of Investment
₱13,586,229.8.
92
SECTION IX
Appendices
93
3D Pictures of Vedasto
(Dining Area)
94
(Banquet Hall)
95
(Bar Area)
(Kitchen Area)
96
(Office Area)
(Comfort Room)
97
(Lockers Area)
98
(Front Façade)
99
Laboratory of Vedasto
02 Laboratory Exercise
04 Laboratory Exercise
100
101
05 Laboratory Exercise
102
06 Laboratory Exercise
103
104
Food Costing
APPETIZER
105
106
107
SOUP & SALAD
108
109
MAIN COURSE
110
111
112
113
RICE
114
DESSERT
115
116
BEVERAGES
117
118
119
Group picture
120
Menu
121
122
Diorama
123
PERMITS
124
125
RESUME
126
127
128
129
130
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133