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Company Description
Green Leaf is a fast-casual style restaurant that offers the best quality and healthiest
ingredients to its customers. Green Leaf attracts particularly to vegans and
vegetarians, but also offers items that are appealing to those with a traditional diet.
Target Market
Green Leaf operates in the greater Cincinnati area, with a target market of
approximately 223,113 vegans, vegetarians, and vegetarian-inclined. A majority of
these customers are vegetarian-inclined, which is why Green Lead offers meat and
dairy products in addition to our plant-based menu.
The Competition
Green Leafs main competitors are fast food chains such as Chipotle Mexican Grill
and Subway, which offer a similar experience to Green Leaf and have a large
presence in the Cincinnati area. More direct competitors are smaller restaurants that
focus particularly on their designated niche.
Operations
Green Leaf will initially operate in Cincinnatis Over the Rhine district, providing easy
access as well as the opportunity to obtain fresh ingredients from Findlay Market.
Green Leaf also hopes to implement iPads and other technologies into the
restaurant to enhance the customers experience.
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COMPANY DESCRIPTION
Company Name & Location
Green Leaf Cafe, LLC is an Ohio-based restaurant operating under the name
"Green Leaf." The first restaurant will be located near downtown Cincinnati, Ohio in
the Over The Rhine district.
Products
Green Leaf offers a highly-customizable menu that appeals to a wide range on
consumers, particularly vegans, vegetarians, and those who are vegetarian-inclined.
Most items are organic and GMO-free, and have vegan-substitutes as well.
Although Green Leaf only serves during lunch and dinner hours, we are hoping to
enter the breakfast market in the coming years.
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TARGET MARKET
Target Market Location
Green Leaf operates in the greater Cincinnati area, spanning across southwest
Ohio, southeast Indiana, and northern Kentucky. The area is primarily urban and
suburban, with a few rural areas on the outskirts.
55+
18-34
35-54
Animal welfare
Improve overall health
Environmental concerns
Natural approaches to wellness
Food safety concerns
Weight loss
Market Size
According to 2010 Census Data, the Cincinnati metropolitan area has a population
of 2,214,954 people, averaging 496 people per square mile. Based off of national
averages, there are 7,174 vegans, 52,371 vegetarians, and 163,568 vegetarianinclined in the greater Cincinnati area. That totals a target market of 223,113
potential customers.
Market Trends
The greater Cincinnati area has seen growth of 8.1% in the last decade. The data
below shows that while the majority of customers have had their diet for a long
time, there is significant growth in the "plant strong" community.
14.1% 2 years or less
10.8% 2-5 years
18% 5-10 years
57.1% 10+ years
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THE COMPETITION
Types of Competition
Competing with Green Leaf to supply fast and/or healthy food include:
vegan/vegetarian restaurants
organic restaurants
restaurants offering vegetarian options
fast food restaurants
dine-in restaurants
Specific Competitors
Chipotle Mexican Grill is a national chain consisting of more than 1,600 locations
nationwide, 30 of which in the greater Cincinnati area. Chipotle uses naturally and
locally raised ingredients and offers a highly flexible menu that is very attractive to its
customers, very similar to Green Leaf's model but specializing in Mexican cuisine.
Subway is the largest of Green Leaf's competitors, with over 40,000 restaurants
across the globe and over 100 locations in the greater Cincinnati area. Subway
specializes in customized subs, serving fresh ingredients on its famous "$5
footlong." Some locations offer sales and pizzas as well.
The Loving Hut is the largest international chain of vegan restaurants, with over 200
locations worldwide and 20 restaurants across the United States. The Cincinnati
location is a caf style restaurant and is located between Kenwood and Norwood
on Montgomery Road. The Loving Hut specializes in vegan cuisine and features a
variety of entres, salads, soups, and other specialties based on location.
Competitive Analysis
By far the biggest competitors to Green Leaf are Chipotle Mexican Grill and Subway
due to their size and their popularity. Both feature a high level of customization and
serve fresh ingredients, both of which are features offered by Green Leaf. However,
both feature a limited range of menu items, focusing on a specific style of cuisine.
The Loving Hut and other restaurants like it offer a wider variety of menu items than
other competitors, yet they lack the customization that Green Leaf offers. By doing
so, they fail to attract customers outside their designated niche.
Competitive Edge
Green Leaf's advantages over its competitors include:
Its wide variety of menu items, attracting customers from multiple niches.
Its high-level of customization that is unmatched by its direct competitors.
Its certification by the USDA for using local and organic ingredients.
Its welcoming and friendly environment that is attractive to guests.
Its dedication to using ethical business practices, providing fair pay and benefits
to its employees, as well as minimizing its waste and pollution will result in a
favorable response from its customers.
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OPERATIONS
Location and Facilities
Green Leaf will initially be located in the Over the Rhine district near downtown
Cincinnati. This is due to the growing popularity of the neighborhood, especially
among the younger population. OTR is also easily accessible from any part of town
due to the surrounding network of highways. Additionally, Findlay Market will
provide Green Leaf the opportunity to use fresh, local ingredients.
In the future, Green Leaf will consult with the market research firm Dunnhumby in
order to identify areas that play host to our target market, particularly on the east
side of Cincinnati.
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