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Timmet’s. A Dining Experience Like No Other. Food. Music. Alcohol. Cannabis. What Do These 4 Things Have In Common?. They are the cornerstones of my restaurant, Timmet’s !. Timmet’s Is A Dining Experience Like No Other!. - PowerPoint PPT Presentation
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Timmet’sA Dining Experience Like No Other.
Food
Music
Alcohol
Cannabis
What Do These 4 Things Have In Common?
They are the cornerstones of my restaurant, Timmet’s!
Timmet’s Is A Dining Experience Like No Other!
• Timmet’s is a restaurant that combines all the popular forms of social gathering; cannabis, alcohol, food, and live music!
The 4 P’s; Product, Place, Promotion, Price
Products & Pricing
Food Menus Cannabis Infused Offerings Cannabis- Free OfferingsMeat Entrée of the Day $12
Meat Entrée of the Day $12
Vegan/Vegetarian Entrée of the Day $12
Vegan/Vegetarian Entrée of the Day $12
Meat Appetizer of the Day $6
Meat Appetizer of the Day $6
Vegan/Vegetarian Appetizer of the Day $6
Vegan/Vegetarian Appetizer of the Day $6
Dessert of the Day $10
Dessert of the Day $10
Bar MenusCannabis Infused Offerings Cannabis- Free OfferingsCocktail of the Day $10
Cocktail of the Day $10
Cocktail of the Night $10
Cocktail of the Night $10
Tincture Shot of the Day $10
Tincture Shot of the Day $10
Tincture Shot of the Night $10
Tincture Shot of the Night $10
All Other Shots $8
All Other Mixed Drinks $9
Event Calendar
• 420 events, all weed related concerts, art shows, etc
• Non-420 events• Open to those who don’t
smoke and don’t want an event centralized around it
Location
Denver, CO
• Denver, Colorado is a great fit because it is a largely booming metro area with a growing population, economy and not to mention that the sale, use and possession of recreational marijuana is legal to those 21+.
Expansion Opportunities
Holland
• Recreational use is already legalized, and has a strong group of cannabis users and cannabis cafes established
California, Arizona, Utah
• Medical cannabis use is legalized So Far, these and the rest of the United States will present great expansion opportunity once recreational cannabis use is legalized.
Promotion
Social Media
• Facebook• Yelp• LinkedIn• Foursquare• Twitter
Print Media
Community
• Local and state events; Cannabis Cup, farmers market, Pan American Highway Symphony…
• Medical clubs, Cannabis retailers horticultural stores, and word of mouth…
S.W.O.T. Analysis
Strengths
• No other business like it in the world, the concept is the greatest selling point
• My established connection with chefs, bartenders, and cannabis suppliers,
• Wealth of expertise and resources to seek advice and assistance from
Weaknesses
• High start-up cost• Lots of permits and legal work to first accomplish.• Construction time and cost of building
Opportunities
• No other business like this in the world!• Massive expansion potential• Massive revenue potential
Threats
• Overambition something this ambitious has yet to be successfully established.
• Unfamiliarity with Denver, not to mention Colorado both geographically and the target market.
• Social Backlash – despite the high level of accepted cannabis use in Denver, there is always the concern that large amount of opposition to such a grand showing of cannabis acceptance could provoke some people to use politics or social strength to drown this business.
Timmet’sA Dining Experience Like No Other.
David Hewitt
May 1st, 2014