{"id":83,"date":"2012-01-14T09:08:46","date_gmt":"2012-01-14T17:08:46","guid":{"rendered":"http:\/\/worddean.com\/?page_id=83"},"modified":"2012-01-14T09:12:12","modified_gmt":"2012-01-14T17:12:12","slug":"executive-summary","status":"publish","type":"page","link":"https:\/\/worddean.com\/?page_id=83","title":{"rendered":"Executive Summary"},"content":{"rendered":"

Introduction<\/strong><\/p>\n

 <\/p>\n

In the heart of the world renowned USA city of Los Angeles California on the major corridors of Gage Avenue and Saint Andrews Place resides the South Los Angeles Conference Center\u00a0<\/a>(SLACC)<\/em><\/strong>, <\/em>which serves as the perfect host to hundreds of successful banquets, receptions, Quincea\u00f1eras, Bar Mitzvahs & Bat Mitzvahs, business seminars, community meetings, theatrical plays, and educational training sessions.\u00a0 You are hereby cordially invited to visit and see firsthand Los Angeles’ most positive urban asset for holding your special event.<\/p>\n

The SLACC<\/em><\/strong> is located in the Canterbury Knolls district, a light industrial and commercial area at the corner of Saint Andrews Place and Gage Avenue.\u00a0 In a safe and secure commercial 70,000 square foot complex, upstairs represents the major share of the SLACC<\/em><\/strong> ‘s operation. The SLACC<\/em><\/strong> strategy is to secure a fraction of the banquet and business meeting gross domestic annual spend.\u00a0 A significant share of this market is directly proportional to disposable income of companies, nonprofit organizations, schools, and private parties.<\/p>\n

The Company<\/strong><\/p>\n

The investing company owned by Rodolfo ‘Rudy’ and Teresa Casasola has been operating for nearly 25 years.\u00a0 The owners have operated their current enterprise since 1984, with 12 mobile food and beverage trucks at Adams Boulevard and Western Avenue. Expanded their operation from that location five years later, they operated from two owned buildings on 46th Street & Western Avenue.\u00a0 In 2005, the Los Angeles Unified School District (LAUSD) place an eminent domain to this section of the city to build Barack Obama Global Preparatory Academy.\u00a0 Consequently, in 2006, a $3.3 million acquisition of 80K sq. ft. two-story mixed-use building at Gage Avenue and Saint Andrews Place.<\/p>\n

The SLACC<\/em><\/strong> is an expanded operation from the Good Times Banquet Hall<\/a>. The company is engaged in the production of business and social events.\u00a0 The SLACC<\/em><\/strong> has recently applied for parking and zoning permits that will greatly enhance the operations making it well-positioned to market its event hosting beyond its present weekend special event programs.\u00a0 The company is dedicated to providing the highest quality service. The focus of this business plan is to identify its future target clients, explain its marketing strategy, and to improve its internal procedures so it can substantially increase profitability and community benefits.<\/p>\n

The current building once had access to the City of Department of Water and Power, however, it cancelled easement rights with a 50 mobile truck capacity.\u00a0 From 2006-10, the owners invested roughly $2.5 million in building code compliance, restoration and utilization standard upgrades. In 2009, the Good Times Banquet Hall was created to take advantage of the surplus space of the building.\u00a0 This expanded space allowed Teresa and Rudy to concentrate on providing a nicely appointed place for social gatherings with a purpose. In addition, there are eight light industrial tenants in the complex that add to the annual business revenue.<\/p>\n

The South Los Angeles Conference Center <\/a>(SLACC<\/em><\/strong>) is an emerging business venture with Teresa and Rudy Casasola as owners and proprietors, jointly teaming with two nonprofit organizations – the South Los Angeles Economic Development Partnership (dba, Southland Partnership Corporation) and United Latinos in America (dba, ULA).\u00a0 This is a working strategic alliance formed to help retain and expand event activity at 6236 S. Saint Andrews Place, Los Angeles, CA 90047.\u00a0 By using existing resources more effectively, the SLACC<\/em><\/strong> mission is to host business and social events in a first-class environment. It is a place to utilize, enjoy, learn, and discover.<\/p>\n

The SLACC<\/em><\/strong> will work to attract film production and arts appreciation for a wide spectrum of local cultural communities and visitors alike.\u00a0 It will also be a workplace of inclusion and respect, with a main focus on the development of business and job growth.\u00a0 The SLACC<\/em><\/strong> mission includes special consideration for the cultural diversity of Los Angeles, thereby offering an economic benefit from this joint venture is that the SLACC<\/em><\/strong> <\/em>is dedicated to open community residents sustainable work opportunity and experience with transferable skills associated with the hospitality\/catering industry.\u00a0 Participants will be encouraged to gain additional work experience in the restaurant and food services industry while making the transition from school to work and will allow them to develop entrepreneurial skills that will be transferable to any job in the future.<\/p>\n

Company Summary<\/p>\n

The South Los Angeles Conference Center <\/a>(SLACC<\/em><\/strong>) consists of an expanded venture starting with the Good Times Banquet Hall business model with two non-profit 501(c)(3) organizations, both practicing public benefit services since 2000.\u00a0 Our newly designed mission focuses on the development of businesses growth for the south Los Angeles region by providing a space for year-round business exchange of training and a working environment for meetings and catered graduations or certifications.<\/p>\n

The SLACC<\/em><\/strong> project serves to enlarge the Good Times Banquet Hall <\/a>that solely focused on social activities, where the SLACC<\/em><\/strong> combines business services with other important aspects of growing and expanded small enterprises.\u00a0 The current surge in the mobile restaurant activity, in collaboration with nonprofit job\/training needs, will help in building the meeting and banquet services business.\u00a0 Using the well-established Good Times Banquet Hall <\/a>business, the SLACC<\/em><\/strong> <\/em>programs will continue to meet those services provided for weekend events to include week-day business programs that augment our core business services.<\/p>\n

The SLACC<\/em><\/strong> essentially takes up 10% of the space dedicated to Western Catering Company that accommodates 26+ mobile Meal Trucks, food\/beverage warehousing, 8 industrial office and commercial use tenants ($.054 per square foot).\u00a0 These independently owned and operated mobile trucks have access to the warehousing food and beverage refreshing services 7 days a week from this location.\u00a0 The mobile units are essentially full-service kitchens, each staffing independent contractors with 2-4 people, serving an ethnically diverse community with refreshment of food, snacks and beverages.<\/p>\n

The SLACC<\/em><\/strong> strives to become a conference\/banquet hall “anchor” for a south Los Angeles district named Canterbury Knolls.\u00a0 Besides a presentation space unlike any other, we will have a “training” aspect, concentrating specifically on our realm of expertise mobile food truck operations, complementing the other light industrial tenants occupying 6236 South Saint Andrews, to form a well rounded business network.\u00a0 The following highlights the history of the mobile truck operations:<\/p>\n