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10 Executive Summary Interstate Travel Center is intended to be the major travel center in Dallas Texas It will consist of a convenience store gasdiesel islands restaurant and amenities for the trucking business Interstate Travel Center is a corporation owned and operated by Steve and Janet Smith The companys management philosophy is based on responsibility and mutual respect Interstate Travel Center has an environment and structure that encourages productivity and respect for customers and fellow employees Interstate Travel Center is organized into two main functional areas convenience store-gasdiesel and the restaurant each will have its own on-site management Steve and Janet Smith are the founders and co-presidents They will head the operation and will concentrate on product sourcing sales marketing finance and overall administration Each area will have a manager responsible for daily operations who will report to the Smiths Standard Poors estimates that the US commercial freight transportation market had aggregate revenues of 436 billion in 1998 In other words five cents of every dollar of US gross domestic product that year was spent on transportation With some 344 billion in 1998 revenues the trucking business claimed 79 of the US commercial freight transportation market This total was divided among two sectors private carriage and for-hire The initial start-up costs will amount to 275 million which will be used to purchase land develop it and construct a 6000 square foot travel center complete with gasdiesel islands scales and a restaurant The initial capital injection will be 250000 The remaining will be in the form of a 25 million loan Highlights 11 Mission The mission of Interstate Travel Center is to start a new public travel center which will service the truck fueling and shopping needs of NAFTA trade the general traveling public and local Dallas customers 20 Company Summary back to top Interstate Travel Center is a start-up company whose management
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