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ZA24-0058 PUBLIC HEARING NOTICE ZA24-0058 • Specific Use Permit for a Bar/Tavern on property described as Lot 1, Block 1, Kimball Oaks Addition, and located at 2211 E. Southlake Blvd, Suite 500. • Current Zoning: “S-P-1” Detailed Site Plan District • The purpose of this request is to seek approval of a Specific Use Permit to permit The Cherry Blossom Lounge a Tavern/Bar within the Kimball Oaks commercial development. Dear Property Owner, Your property has been identified as being within 300 feet of the above Specific Use Permit application. If you wish to register your opposition or support to this case, you may complete the attached Notification Response Form and either mail to the Planning & Development Services Department (address listed at the top of notice) or email a copy (e-mail listed at the bottom of the notice). You are encouraged to follow the requested action through final approval because changes are often made during the review process. Please contact the Planning Department at (817)748-8621 or MBarclay@ci.southlake.tx.us if you have any questions. Thank you. CITY OF SOUTHLAKE PLANNING & DEVELOPMENT SERVICES 1400 Main St.; Suite 310 Southlake, TX 76092 Phone: (817)748-8621 www.cityofsouthlake.com Planning and Zoning Commission Thursday, November 7, 2024 6:30 PM Town Hall Council Chambers 1400 Main Street Southlake, Texas Notification Response Form ZA24-0058: Specific Use Permit for The Cherry Blossom Lounge Meeting Date: November 7, at 6:30 PM Fill out: Owner: _____________________________ Address: ____________________________ City, State, Zip Code: __________________ PLEASE PROVIDE COMPLETED FORMS VIA MAIL, FAX OR HAND DELIVERY BEFORE THE START OF THE SCHEDULED PUBLIC HEARING. Being the owner(s) of the property so noted above, are hereby in favor of opposed to undecided about (circle or underline one) the proposed Specific Use Permit referenced above. Space for comments regarding your position: ___________________________________________________________ ___________________________________________________________ ___________________________________________________________ ___________________________________________________________ ___________________________________________________________ Signature: _______________________________________ Date: ______ Additional Signature: _______________________________ Date: ______ Printed Name(s): _____________________________________________ Must be property owner(s). Otherwise contact the Planning Department. One form per property. Phone Number (optional): ______________________________________ Direct questions and mail responses to: City of Southlake Planning & Development Services Notification Response 1400 Main St; Ste 310 Southlake, TX 76092 Phone: (817) 748-8621 KIMBALL AVE SOUTHLAKE BLVD KIMBALL AVEKIMBALL AVE100 2251 155 2305 101 2301 2175 100 100 100 100 100100100100 200200200200200200200 2175 2175 21752175217521752175 2231 2235 2241 2201 2261 2251 2251 2221 2221 2221 2221 2221 2221 2221 2211 2211 165 185 1752185 2173 2179 2175 2225 2245 2251 2221 2211 100 165 165 165 185 185185 2211 175175 175 138 2251 2251 1 2 3 6 9 7 5 4 8 1000 Vicinity Map ZA24-0058 ® 0 225 450112.5 Feet 2211 E Southlake Blvd Legend Address Points City Parcels Right Of Way City Limit Case Parcel(s) 200 Foot Buffer 300 Foot Buffer Parcels Within Buffer Executive summary Introduction This executive summary provides an overview of the business plan for Cherry Blossom Lounge, LLC, a new and exclusive wine & popcorn lounge based in Texas. The purpose of this plan is to outline the business’s goals, strategy, and financial projections to secure necessary funding and to ensure a successful launch. The key findings highlight the market opportunity in the upscale wine lounge sector, our competitive advantage, and the detailed steps we will take to achieve financial sustainability and growth over the next five years. Company Overview Cherry Blossom Lounge, LLC was founded in 2024 with the vision of creating an elegant yet cozy wine lounge experience for affluent females aged 25-55. Located in Texas, the lounge offers a curated selection of global wines, non-alcoholic beverages, and gourmet snacks with a focus on its popcorn offerings. Our mission is to provide a premium, relaxing atmosphere where customers can unwind and enjoy high-quality products. The core values of quality, exclusivity, and exceptional customer service guide our operations and strategic direction. The essence of our business is divided into three pillars: ambience, simplicity and relaxation. The concept of Cherry Blossom Lounge extracts key elements of movie theatres such as concessions, screen viewing, and lounge seating and repositioning those elements in a space that allows for quiet engagements (such as intimate conversations, book reading, or remote working) in an elegant but low -key atmosphere tailored for adults. Our business is primarily female centric, with an intent to be the female version of the male-friendly cigar lounges, excluding tobacco product usage. Business Goals In the short term, Cherry Blossom Lounge aims to establish itself as a premier destination in Texas for wine enthusiasts and upscale social gatherings. Our financial targets include reaching first-year revenues of $400,000 and achieving steady annual growth thereafter. Long-term goals involve expanding our offerings, exploring the potential for additional locations, and integrating unique experiences such as wine-tasting events. Ultimately, our objective is to create a loyal customer base and strong brand presence in the upscale wine market. Products and Services Cherry Blossom Lounge offers a diverse range of high-quality products including an extensive selection of global wines, non-alcoholic beverages, fresh popcorn and gourmet snacks. Each product is meticulously curated to ensure the highest quality and appeal to our target demographic. Our competitive advantage lies in the exclusive atmosphere and personalized service provided by our expert sommelier and well-trained staff. These unique features cater to the preferences of our affluent clientele, setting us apart from traditional bars and restaurants. Market Opportunity The upscale wine lounge market in Texas presents a significant opportunity, driven by a growing segment of affluent consumers seeking premium and experiential dining experiences. Our target market consists of females aged 25-55 with solid disposable income. Increasing urbanization and lifestyle trends favoring niche, high-quality leisure activities further bolster our market potential. Despite competition from upscale restaurants and traditional wine bars, Cherry Blossom Lounge can carve out a unique niche through its exclusive offerings and superior customer service. Management Team The management team of Cherry Blossom Lounge is led by the owner, who, despite being a first-time business operator, has a strong passion for hospitality and customer service. The team also includes a certified sommelier with extensive experience in wine selection and consumer education. Together, they bring a blend of enthusiasm, expertise, and a commitment to quality that supports the company’s strategic goals and enhances its market position. Their complementary skills and visions are vital for driving the company forward. Strategic Direction Cherry Blossom Lounge’s strategic direction focuses on delivering unparalleled customer experiences, expanding our product offerings, and scaling our market presence. Key strategies include leveraging targeted marketing to attract our affluent demographic, enhancing operational efficiency through advanced technology, and fostering a loyal customer base with exclusive member benefits and events. Continuous market research and innovation will ensure we remain ahead of industry trends, positioning us for long-term success and competitive advantage. Conclusion Cherry Blossom Lounge is poised for success with a well-defined business strategy, robust financial projections, and a passionate management team. We have identified a significant market opportunity and developed comprehensive plans to capitalize on it, ensuring sustainability and growth. We are confident in our ability to deliver exceptional value to our customers and investors. With the necessary funding and strategic execution, Cherry Blossom Lounge will not only achieve its business objectives but also set new standards in the upscale wine lounge market. CBL Location Logistics: Lease Duration: 5 years Hours of Operation Monday – Thursday: 10am – 9pm Friday & Saturday: 10am – 10pm Sunday: 11am – 8pm Max Occupancy Service Occupancy: 28 Employee Count 3 (2 frontline employees + owner) Food/Alcohol Ratio: 70% Alcohol / 30% Food Parking: 50 Parking spots available