Stone Oak Sports Bar & Grille, an Entrepreneurial Business

Stone Oak Sports Bar & Grille located in Boerne, Michigan is an exemplary example of an entrepreneurial business. The construction of Stone Oak was stimulated out of the need to fill a niche in Boerne. There are only three bars in the area, all of which do not have a food service, are located in undesirable locations, and appeal to a narrow range of people with themes such as biker/rocker and country western. The community of Boerne is rapidly flourishing, and therefore the demand for restaurant services is also rapidly flourishing. The entrepreneurs of Stone Oak, Henry DiMuzio and Nick Sturgeon perceived an opportunity to make profit and seized it. With the potential risks in mind – the business flopping because the citizens of Boerne indeed liked going to the other bars in town (which they have become accustomed to), or the business only being successful in the shortcoming because new competition arose stealing its dominance and consequently resulting in an economic loss – these entrepreneurs rose to the challenge. Stone Oak will appeal to a wide range of customers with the notion of welcoming all. Their innovative sides prevailed by introducing new high definition technology in their restaurant, and by also serving food! Their gross profit from FY 1 – FY 5 increases fairly quickly from $758,259 to $957,285 with a net profit increasing from $199,233 to $321,400; the speed and amount of wealth is evident. Stone Oak Sports Bar & Grille exhibits the main features of an entrepreneurial business.

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