FINAL
FINAL
FINAL
CHAPTER I
EXECUTIVE SUMMARY
INTRODUCTION
Food is an important factor of life that fuels every individual across the globe.
Food is not just a necessity, it is one of our greatest sources of pleasure. It gives
the brain a big “pleasure hit” that keeps people coming back for more. The food
you choose to eat can have a direct impact on your ability to enjoy life to its
lofty level of competition and a lot of details must be obtained to get ahead from
its competitors. One way to get ahead from the competitors is to choose wisely
the food which is going to offer. Asian people really love spicy food, since
business that offers spicy products. Although spicy foods have some effects for
people who has health issues such as severe indigestions, nausea, vomiting,
abdominal pain, acid reflux, heartburn and diarrhea, it also contributes health
benefits such as weight loss, cancer prevention, lower blood pressure, heart
help ease depression and stress. Spicy foods have a great demand in the
Philippines.
Some may not like the burning sensation of chili but many are willing to
try and enjoy the hotness it brings, besides not only Filipinos loves it but also
other Asian, South American and Caribbean people who stays in the Philippines.
of European people, 29% of Asian people (which includes the Filipinos) and
SPICY MANIA 1
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
18% of the American people all around the world loves to eat hot and spicy
foods. Overall, there was a five percent increase in hot and spicy foods in 2017
versus 2016.
SPICY MANIA aims to provide people a restaurant that will only serve
spicy products that can challenge every customer to try foods with different level
of spiciness.
PROJECT BACKGROUND
This study is about catering spicy products as its main dish with eight (8)
options: main course, pasta, noodles, burgers, tacos, desserts, appetizers, and
salad. All these options are leveled into three; level 1- moderately hot, level 2-
hot, level 3 extremely hot. The proponents came up with this idea as remedy for
those people who do not have the same level of spicy tolerance. The business
wants to emphasize that SPICY MANIA is not just for spicy lovers but could also
be a place for those people who could not resist spiciness of the foods.
PROJECT PROFILE
The proposed business will be owned and managed in the form of sole
BUSINESS NAME
A good business name can make your customers remember you easily
specially when it is unique. However, if you are starting a small business, you
might have other priorities and a budget that doesn’t allow you to spend that
money on a name. The proposed name of the business is “Spicy Mania.” The
term “mania” was inspired by extreme desire of eating spicy foods. It can also be
interpreted as obsession in spicy foods, inspired by those who are fond of spicy
foods.
SPICY MANIA 2
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
BUSINESS LOGO
BUSINESS
LOCATION
San Carlos City is located in the central part of Pangasinan. The cities
New Public Market (Roxas Boulevard, San Carlos City, Pangasinan). This is
an ideal location for the proposed business since it is near to schools, and
accessible.
VISION
To become the best restaurant locally that has and will to explore and
MISSION
offering different level of spicy foods that is welcomed into the hearts and mind
SPICY MANIA 3
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
1.) To line up with the competitors using our unique approach in catering
consumers.
2.) To serve spicy foods that can eat by both spicy and non-spicy lovers.
take-outs.
4.) To offer an affordable, but delicious and satisfying spicy foods that can
This study will tackle the feasibility study of a spicy food restaurant
present and potential customers, on how they will respond to these foods served
in restaurants that are usually found in the streets. The respondents are those
who belong to the estimated age bracket 15-60 years old, male and female who
The competitors that the business will consider are those fast food
restaurants which are located within the vicinity of San Carlos City.
METHODOLOGY
This part of study presents and explains all data gathered and corresponding
data, methods used in acquiring data, and instruments used in data analysis.
SPICY MANIA 4
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
This chapter also deals with the information of the research design that would
RESEARCH DESIGN
information and gather important data about customer’s taste and preferences
this process, we find it very easy and reliable. The proponents will use checklist
format.
descriptive statistics wherein the data come from survey. The proponents will
conduct survey among respondents to get their opinion regarding spicy food
business. The main tool used in data gathering of the study is survey
is all about and assuring them that the data gathered will be highly confidential.
Second, is the profile of the respondents: (a) Name, (b) Age, (c) Gender,
Lastly, the Questions are made for the respondents to get their personal
choice when it comes to spicy foods. By these questions the proponents will be
SPICY MANIA 5
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
RESEARCH INSTRUMENT
reliable.
reviewing and analyzing the data gathered from the respondents. Findings of
proponents will follow up an interview. This will allow the respondents the
accuracy of the procedures and decisions will make the research validated.
Formula:
n= N .
1 + Ne2
Where:
Solution:
SPICY MANIA 6
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
n = 94,227 .
2
1+ (94,227) (0.05)
CHAPTER II
MARKET STUDY
THE PRODUCT
dishes with different level of spiciness. The proposed restaurant will offer
different spicy foods categorized into eight (8) options: main course, pasta,
MENU
Main Course
SPICY MANIA 7
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
Desserts
SPICY MANIA 8
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
Appetizers
Salad
Drinks
SPICY MANIA 9
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
PRODUCT DESCRIPTION
MAIN COURSE
1.) SpiMania Baked Salmon ─ is a sweet, spicy and smoky honey oven
2.) SpiMa Chicken Posole ─ is the best kind of soup for this in-between “not
quite cold, but not quite warm” weather we’ve been having. It’s fresh and
light, spicy and cool, crunchy and chewy all in one bowl.
made out really thin slices of beef served with fresh slices of onions.
5.) Big bang Shrimp ─ is topped with sweet and spicy bang bang sauce. They
6.) SpiMa Sisig ─ is made with chopped pork, onions, citrus juice, and chili
entrée.
7.) SpiMa Bicol Express ─ is a mixture of pork meat and shrimp paste
(bagoong) cooked in coconut cream. This is one of the favorites not only
8.) SpiMa Chicken 65 ─ is a punchy meal recipe from South India that consist
of spicy deep fried chicken pieces sautéed in sauces, ginger garlic and
SPICY MANIA 10
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
9.) SpiMa Kare-kare ─ this savory stew is packed with flavor thanks to the
1.) Green spaghetti ─ this green spaghetti is a delightfully spicy dish with
2.) Chicken Roll-ups ─ we usually use chicken and cheese and milk chicken
soup and crescent rolls there are only 5 ingredients for a delicious
weeknight meal.
topping with the apices it is easy spicy shrimp spaghetti recipe. guys the
seafood pasta.
4.) SpiMa Carbonara ─ is made with garlic and red pepper flakes that the
5.) SpiMa Chicken Lasagna ─ this unique chicken lasagna is made with
6.) SpiMa Dragon Noodles ─ spice up dinner with these fiery and delicious
1.) SPCY Burger ─ These burgers are chock full of spicy peppers. It is a
2.) Shrimp filled Taco ─ Grilled shrimp tacos just might be your new
some sangria.
SPICY MANIA 11
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
3.) Sausage Quesadillas ─ are filled with caramelized onions, cheese and
quesadillas.
DESSERTS
1.) Chilli’n Peanut Cookie ─ This is one versatile cookie when it comes to
spicy seasonings.
2.) Chilli’n Ice Cream ─ It's a given that we offer vanilla, chocolate, and
strawberry flavors to add your base (either ice cream, yogurt, coconut
minutes and put it in the oven to bake while you finish getting ready.
4.) Pinya-spicy Cakes ─ This cake was so easy to make and it looks great.
It's moist and very good with this spicy orange cream cheese.
5.) Angry Apple-Pie ─ the mixture of apples should create a combined sweet-
tart flavor balance. Serve slightly warm with vanilla ice cream or with a
APPETIZERS
1.) Chicken kabobs ─ These grilled chicken kabobs are made with marinated
chicken and colorful vegetables, all threaded onto skewers and cooked to
perfection.
2.) Dynamite Poppers ─ Dynamite Lumpia are a must for any party! Made
with finger chili peppers and meat filling, they’re crispy, crunchy, slightly
spicy,
3.) Mini-corn Muffins ─ These Mini Cornbread Muffins are fluffy and flavorful!
Enjoy them with a big bowl of soup or chili or on their own for a tasty
snack!
SPICY MANIA 12
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
4.) Sweet n’ Spicy Calliente Wings ─ The meat literally falls off the bones of
these wings! Spice lovers will get a kick out of the big sprinkling of red
pepper flakes.
5.) SpiMa Chicken Skewers ─ They are super-fast to prep and to cook,
there’s very little cleanup, and you can mix up the flavors really easily so
SALAD
1.) CrispN’Spicy cucumber salad ─ Rice vinegar, sesame oil and cayenne
create a sweet-hot Asian flavor that will light up your taste buds!
2.) Chicken Lettuce Wraps ─ These chicken lettuce wraps contain ground
chicken and veggies cooked in a savory sauce and served in cool lettuce
leaves.
DRINKS
1.) Milk ─ The milk of cows, goats, or other animals, used as food by humans.
2.) Milk chocolate ─ Milk chocolate is chocolate that has been made with
milk. It is lighter in colour and has a creamier taste than plain chocolate.
3.) Lemon and orange juice—is a great addition to a beautiful day. Serve this
SPICY MANIA 13
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
SPICY MANIA
PRODUCTS PRICES
SPICY MANIA 14
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
LOCATION
located at Rizal Avenue, San Carlos City Pangasinan. (2 nd floor of town center)
This location was chosen because it is accessible and near the schools. It will be
a perfect location for the business since it near the national road and is easy to
find.
SPICY MANIA 15
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
MARKET AREA
The market area of the proposed business covers the entire San Carlos
City in Pangasinan. The main focus of the business is attracting picky eaters to
try the product served in different spicy level. The number of people who qualify
in the area of study from ages 15 – 60 years old is estimated to be 94,227. The
MARKET SHARE
Market Share refers to a company’s portion of sales within the entire market in
which it operates. The metric indicates a company’s size within its market. The
market share computed is based on the Part I of the survey where the 398
respondents are asked on their preferred eating place and Part II question
number 10 of the survey. There are two existing competitors in San Carlos
16%
26%
SPICY MANIA 16
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
Market Shares
1st Qtr 2nd Qtr 3rd Qtr
16%
58% 26%
SALES FORECAST
MARKETING STRATEGY
know viability. Marketing Program Plan includes specific actions for each part of
them into customers of the products or services the business provides by right
and People.
A. Product Strategy
SPICY MANIA 17
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
Product is what you sell and offer to the market to satisfy their
wants and needs. The management will assure that the customers will be
satisfied with the products that the proposed business will provide.
B. Pricing Strategy
of the first things that a consumer notices about a product and is one of
C. Place
access to the target customers. The proponents look for a space for rent
D. Promotion
learn about the business if they frequently see or hear about them. In order
marketing strategies which are: Social Media Promotion, Posters, Flyers, Gift
Certificates.
SPICY MANIA 18
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
People are now living in the modern world where surfing to the
internet is one of the easiest ways to have quick access. The proponents will
D.2 POSTERS
store. Food design and Menu design makes the business stand out and are
4 x 250 x 1 = ₱ 1,000.00
D.3 FLYERS
SPICY MANIA 19
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
will produce 100 flyers per day and will be distributed twice a week or
eight (8) times a month. Flyers will be given in the first two (2) months of
100 x 10 x 8 = ₱ 1,000.00
The restaurant will distribute gift certificates worth seventy five pesos
E. People
customer. The more satisfied they are, the more they patronize the
SPICY MANIA 20
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
A. Demand
order to answer the customer needs and wants. Knowing the demand will
help the proponents to determine the product trends, and how the product.
Total Demand
400
350
300
250
RESPONDENTS
200
150
100
50
0
Yes No
SPICY MANIA 21
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
per year.
B. SUPPLY
The Raw Materials needed for making the products is always available in
the market. However, the spices used may not be available all the time.
The Supply for raw materials will depend on the demand. Schedule on
purchasing of raw materials will be 10% higher from the demand. With
SWOT ANALYSIS
STRENGTH
The first restaurant in San Carlos City, Pangasinan to offer spicy foods
market.
SPICY MANIA 22
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
The business will easily catch the interest of the customers who are fond
WEAKNESS
OPPORTUNITIES
The business may attract more customers who want to try spicy foods.
Spicy eaters may patronize the proposed business to non spicy eaters to
THREATS
the business.
SWOT ANALYSIS
SPICY MANIA 23
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
STRENGTH
WEAKNESSES
TOTAL
= STRONG
weak and
SPICY MANIA 24
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
OPPORTUNITIES
THREATS
1. Possible entry of new competitors.
SUPERIOR
poor and
SPICY MANIA 25
VIRGEN MILAGROSA UNIVERSITY FOUNDATION
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Martin P. Posadas Avenue, San Carlos City, Pangasinan, 2420 Philippines
SPICY MANIA 26