The project determined the profitability of the commercial kitchen at the Worcester Regional Food Hub using market and financial analyses. The market analysis was developed using the results from research, stakeholder interviews, and a public interest survey in Worcester. This analysis revealed there was a high demand for trained culinary professionals, certifications, business classes, and value-added product services in Worcester County. The financial analysis, derived from the estimated costs and revenue of the kitchen, illustrated that the profitability of a commercial kitchen depends on the number of tenants and frequency of use. Other products of this research include recommended pricing schemes, kitchen requirements, culinary programs, marketing, and expansion strategies.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Danko, Thomas M
• Comei, Nicholas A
• Nistler, Ashley Rae
• Vaitkunas, Michael J

Subject

• Industry
• Sustainability
• Food
• Community

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-030416-180100

关键词

• Entrepreneurship
• Marketing

Advisor

• Traver, Robert W.
• Zou, Jian

Year

• 2016

Center

• Worcester Community Project Center (Massachusetts) - IQP

Sponsor

• Loosemore, Stuart
• Worcester Regional Chamber of Commerce

Date created

• 2016-03-04

地点

• Worcester

Resource type

• Interactive Qualifying Project

Rights statement

• In Copyright