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Tennis Ra ck ets , Apparel, Shoes, and more

Tennis Ra ck ets , Apparel, Shoes, and more. Location. 3977 William Flynn Hwy, Allison Park PA, 15101 Square Footage- 1,224ft 2 at $113/square foot Proposed cost=$139,100. Hours of Operation. Tuesday through Friday from 12:00pm-8:00pm

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Tennis Ra ck ets , Apparel, Shoes, and more

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  1. Tennis Rackets, Apparel, Shoes, and more

  2. Location • 3977 William Flynn Hwy, Allison Park PA, 15101 • Square Footage- 1,224ft2 at $113/square foot • Proposed cost=$139,100

  3. Hours of Operation Tuesdaythrough Friday from 12:00pm-8:00pm • Provides working men and women an opportunity from lunch and before dinner to drop by our store Saturday and Sunday from 8:00am-6:00pm • Leaning more towards children and older men who have more time to spare during day-light hours

  4. Why buy from our store? • Name- The name Tennis Hut directy associates our products with our store. • Quality- We provide the highest end equipment from a variety of brand names that you know and trust. • Prices- Moderate prices to keep away nearby competition, while still maintaining quality • Location- Our location directly off route 8 provides easy advertising from the consumer’s point of view of the road • Service- Knowledge of tennis and USRSA certification provide you with better knowledge then our commercial competition

  5. Floor Plan Fit for small building Small environment puts customers around more products Small area reduces theft Advertising not needed due to compact area Low amount of employees Shorts provide direction to rackets and shoes

  6. Product Description-Rackets • Wilson-One of the most esteemed racket producers, carried will include the modern BLX series, and the K series, ranging from $120.00 to $250.00 • Prince- Aimed towards female tennis players. Models carried will include the O3 series, and the EXO3 series, both ranging between $80.00 to $175.00 • Babalot- Lighter tennis rackets. Models carried will include Pure Storm and Pure Drive series both ranging between $90 to $199.

  7. Product Description-Apparel Male • Nike- Cotton, Dri-Fit, and Collared Tee-Shirts, socks, and hats along with Dri-Fit Shorts and Tennis Shoes • Babalot-Cotton Tee-Shirts and Tennis Specific Shoes • Adidas-Tennis Specific Shoes Female • Nike- Dri-Fit Skirts, Dri-Fit shirts, socks, and visors. Babalot-Tennis Specific Shoes Adidas- Tennis Specific Shoes

  8. Gamma- Tennis strings, grips, and various tapes, ranging from $3.00 to $20.00 Wilson- Grips Tourna- Tourna Grip, and various tapes ranging from $3.00 to $20.00 Stringing Services- Rackets will be strung with a labor cost of $15, if string is not supplied, customers will be charged the store price of the selected string. Product Description String/Stringing

  9. Backround Employees and the hiring process

  10. Entrepreneurial Back-round Tennis Hut will become the product of proper work experience and knowledge. With my formal background in tennis, both acknowledging my PTR and USRSA certification, Tennis Hut will be a business run by a responsible, and capable owner, leading to a very successful and unique business to Allegheny County

  11. Employee Information • Job Titles-Sales Assistant # of employees=1 Employee Wages Starting wage for sales assistant $8.00/hr. Hiring Process 1.Initial request for applications 2.Call in applicants for personal interview 3. Deliberate on the best employee 4.Accept best applicant by cell phone

  12. Job Description

  13. Marketing Advertising, Target Market, and Competition

  14. Target Market General Population with time to spare Ages 6-22&50+ Middle class and up White male

  15. Advertising • Grand Opening sign on store signto attract customers on route 8 • Mutual advertisements with tennis clubs • Discounts to those who belong to select clubs to differ customers from other commercial stores.

  16. Advertisement 1 a Tennis Hut With our prices and selections, we practically ACE the competition

  17. Advertisement 2 TENNIS HUT GET YOUR GAME ON!

  18. Cost of Advertising • Relatively Free with purchase of the property • Advertising in store and in clubs provides a mutual gain for the store and tennis clubs • Route 8- Large amount of drivers pass by Tennis Hut • Sign included with building which allows “free” advertising of deals and services

  19. Direct Competition • Dicks Sporting Goods, moderate competition Farther proximity, general products • Tennis Village, high competition Farther proximity, similar products • Dunham's Sporting Goods, high competition Close proximity, general products

  20. Other Businesses Online Tennis Warehouse Midwest Sports ATS Sports Minimal Competition due to general inventory/higher priced items

  21. Financial Position Income Statement,Start-Up, Balance Sheet

  22. Start-Up Costs

  23. Income Statement

  24. Working Capital Amount Needed- $82,226 • Loans- $30,000.00 • Personal Funds- $47,840.00 • Family Funds- $4,386 • Other- + $0.00 • Total = $82,226.00

  25. Personal Acquisition (1 year) Tennis Instructor (PTR) Stringing Professional(USRSA) Lakevue Athletic Club Rate/lesson- $25.00 Lessons/day- X4.00 $200 Working Days X208 Total= $41,600 Lakevue Athletic Club Rate/Racket- $10.00 Rackets/day- X3 $30 Working Days X208 Total= $6,240

  26. Loan needed Property Cost- $139,100.00 Start-Up cost- + $409,340.00 = $548,440.00 Down Payment - $82,266.00(548,440.00*.15) = $466,174

  27. Loan Payment/Month $3,686.47/month at 5% for 15 years

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