Proposal to Establish a Dinner Restaurant with a Full Cocktail Bar Adjacent to the Theater at Kings Point Golf and Country Club
Executive Summary
This proposal outlines the opportunity to establish a dinner restaurant with a full cocktail bar adjacent to the theater at Kings Point Golf and Country Club in Delray Beach, Florida. With the theater’s seating capacity of over 1,300 and a clubhouse that is currently underutilized, this venture promises to elevate the experience for theatergoers, enrich the community’s dining landscape, and create a vibrant social hub. The project is projected to not only enhance community engagement but would also increase property values by more than 10%, while generating additional revenue.
The Opportunity
1. Enhancing Theater Experience: The addition of a full-service restaurant will provide a seamless and convenient dining option for theater patrons, allowing them to enjoy pre-show meals and post-show desserts or cocktails, thereby enriching their overall experience.
2. Utilization of Space: The large and attractive clubhouse at Kings Point is currently underused. Establishing a restaurant would breathe new life into this space, making it a focal point for social interactions and community gatherings.
3. Attracting Visitors: The new restaurant will not only serve Kings Point residents but will also attract visitors from outside the community, creating a desirable destination for dining before or after a show and increasing foot traffic to the area.
4. Economic Impact: The presence of a restaurant could appreciably raise property values within Kings Point, with analyses suggesting a potential increase of over 10%. This uplift in home values would enhance equity for homeowners and appeal to prospective buyers.
Restaurant Concept
Cuisine: A diverse menu featuring a blend of classic American fare with innovative options to cater to a variety of dietary preferences, including vegetarian and gluten-free selections.
Cocktail Bar: A vibrant cocktail bar offering a curated selection of craft cocktails, local wines, and artisanal beers, paired with a warm and inviting atmosphere.
Ambiance: A tasteful design that emphasizes comfort and elegance, with both indoor and outdoor seating available to maximize the natural beauty of the surroundings.
Restaurant/Theater VIP Package would include Valet parking.
Vision for the Restaurant
Concept:
– Cuisine: A diverse menu featuring a mixture of American cuisine with regional influences, appealing to a wide range of tastes, including vegetarian and gluten-free options.
– Cocktail Bar: An inviting bar area offering signature cocktails, local wines, and craft beers, creating a lively atmosphere for discussion and relaxation.
Ambiance:
– The restaurant design will be modern yet comfortable, featuring outdoor seating options and views of the picturesque surroundings to enhance the dining experience.
Target Audience:
– Residents of Kings Point and their guests, theatergoers and visitors from outside the community within a five-mile radius.
Cost: This entire concept can be achieved “WITHOUT COST” to the community by soliciting local restaurants who may have desire to establish a location in Kings Point. This can be e deal can be achieved by either offering the space on a lease or on revenue sharing basis. Since Kings Point already has a full liquor license it could easily find itself in a partnership with the new restaurant.
Conclusion
The establishment of a dinner restaurant with a full cocktail bar adjacent to the theater at Kings Point Golf and Country Club represents a significant opportunity to enhance community life, increase property values, and generate substantial annual revenue. This proposal seeks to create a vibrant dining destination that enriches the culture of Kings Point and supports a thriving community.
I look forward to your favorable consideration of this proposal and am eager to discuss it further, exploring the steps necessary to bring this vision to fruition.