The concept of The TRascoe Show is to provide an great entertainment, education, to nightclub and bar
venues in the Las Vegas Area. We will provide the best entertainment in vegas; a bar; a nightclub;
community-based courses in music and the arts; for the Las Vegas area.
The TRascoe Show is in a start-up position, with a beginning date of March 2010. The purpose of this
business plan is to estimate start-up and ongoing costs; identify revenue streams; and forecast net cash
flow and profits. The company expects to lease venue space in December 2010, and have a three-month
build-out of the space. We anticipate opening our doors to the public in mid-December. The company is
on a July through June fiscal year.
THE TRASCOE CEO is Terrance Rascoe. Terrance has extensive experience managing live entertainment
venues in the Las vegas area. The management team is headed by Worldnet Online Inc. CEO & Founder
Mr. Dante Thompson and Endorsed & Supported By Senior Investor Mr. Joel "Jai" Thompson of
Worldnet Organization. As a VEGAS ULTIMATE VIP HOST, Jai is uniquely qualified to develop an
The nightclub and bar industry is shifting toward a more entertainment-oriented concept. Guests of
these venues are not only offered a dynamic place to gather and mingle, but also a place to participate
in the entertainment through interactive contests, theme nights, and other events. We intend to heavily
utilize entertainment-oriented marketing in an effort to withstand the perpetual shift in trends and
cater to as large a client base as possible.
We are looking for smaller venues is a 3,000 -5,000 square foot, which will also house Mr Terrance
Rascoe club and show promoter office. We would like the dance club and bar will accommodate 200-
400 people. The venue will be equipped with state-of-the-art audio, lighting, and video systems, serving
the need for a true entertainment venue in Las Vegas. The general appearance will be clean, open, and
pleasing to the customer. The demographics are favorable, with minimal competition from other dancethemed
venues and bars.
The TRASCOE SHOW will generate sales through a few revenue streams that comprise the company's
products and services:
- Food and Beverage
- Door Cover
- Retail Merchandise
- Venue Rental
Managing these separate revenue streams requires ramping up each one individually, ensuring that
each area performs well before developing the next revenue stream. In order of importance,
Food/Beverage (Our Clients Must Make a Profit) and Gate/Entertainment (Door Cover) are expected to
provide the most stable revenue streams.
The venue appeals to four major market segments:
- Young Professionals
- College Students
- Tourists and Business Travelers
- Senior Citizens
The TRascoe Show central located in Las Vegas, demographics, and minimum competition are major
advantages for the success of the venture. The proposed venue will provide a local solution to the lack
of social atmosphere and live entertainment venues in the region.
1.2 Keys to Success
The TRascoe Show venue has three keys to success.
Location--The TRascoe Show will be strategically located to maximize the revenue derived from the live
entertainment consumer. The showcase will be in Las Vegas. This is an excellent location for multipurpose
entertainment, community education, and restaurant with live music.
Low Operating Cost--TRascoe Show will be managed specifically to maintain targeted operating ratios
that allow for maximum net profits. For initial construction and build out, TRascoe Show management
will keep construction costs at a minimum. The venue will be housed in a leased building. All operating
expenses will be kept to a minimum, with cost of sales and margins reviewed on a monthly basis. Cost of
sales is targeted at 40%.
Wide Range of Services--TRascoe Show will provide entertainment, a full-service bar /night club, an
arcade area, a retail merchandise area, and venue rental services. The objective will be to maximize the
revenue per visitor and extend each visitor's time spent at the venue.
The purpose of this business plan is to estimate start-up and ongoing costs; identify revenue streams;
and forecast net cash flow and profits. The venture will be funded solely through paid-in capital
provided by the owner.
The concept of The TRascoe Show is to provide an entertainment, nightclub and bar venues in Las
Vegas. We will provide a live entertainment; to restaurants; bars; nightclub venues for the ENTIRE Las