2. Land
❖ Location: Near UNCW
❖ 4401 Oleander Drive,
Wilmington, NC 28403
❖ Target Audience:
Students
❖ Rent: $18/SF/year
❖ Property Tax: .37 for
every $100 or property
valuation
3. Insurance
❖ Property Insurance
❖ Varies depending on coverage, location, and business
type
❖ Liability Insurance
❖ $2-4 per every $1,000 in sales
❖ Deductibles
❖ Typically $250-$1,500 in value
❖ Premiums
❖ Typically $2,000-$5,000 per year
4. Hours of Operation
❖ Monday-Thursday
❖ 6am-9pm
❖ Friday-Sunday
❖ 10am-12pm
❖ Live music
5. Utilities
❖ Most utilities price varies monthly depending on usage
❖ Water
❖ Electricity
❖ Gas
❖ Some things maintain a steady rate
❖ Internet
❖ Windstream
6. ❖
Labor
Current minimum wage is
$7.25 per hour
❖ Full time is 40+ hours per
week. Part time is 39 hours
per week.
❖ I will hire:
❖ 2 Managers at $10.00 per
hour
❖ 5 Baristas at $7.25 per hour
❖ 2 Chefs/Bakers at $8.00 per
hour