Flyer Enterprises

Flyer Enterprises
Industry Experiential Education
Restaurant
Coffee
Retail
Founded Dayton, Ohio, United States (2001 (2001))
Revenue $1.3 million [1]
Net income $52,000 (in 2010) [1]
Website http://www.flyerenterprises.com

Flyer Enterprises is a student-run business organization at the University of Dayton. It operates nine businesses around campus and serves as part of the university's entrepreneurship program, though it does not exclude students with other majors. The entrepreneurship program was recently ranked fifth in the country by Entrepreneur.com and The Princeton Review. [2] The organization is indended both as an educational platform and to provide services to students on campus. [3] Flyer Consulting, a student-run organization that specializes in providing complimentary business solutions to non-profits in the local Dayton community, is also an official branch of Flyer Enterprises. [4]

Business ventures

Flyer Enterprises currently operates nine businesses around campus.[3]

  • ArtStreet Cafe - Offers breakfast and lunch to students in the Ghetto; hosts an open mic night on Thursdays
  • FE Catering - A full catering service operation that opened in August 2009 that serves the catering needs of the UD community
  • The Blend - A coffee shop opened in 2000 in the basement of Roesch Library
  • The Blend Express - A second, smaller branch location of the Blend in Miriam Hall, the business building
  • The Chill - A smoothie stand opened inside the university's new RecPlex
  • Flyer Spirit - A joint venture with the UD Bookstore opened in 2007 to sell Dayton Flyers apparel and memorabilia
  • The Galley - A joint venture with dining services that offers soft pretzels and ice cream in John F. Kennedy Memorial Union
  • Stuart's Landing - A small convenience store in Stuart Hall, a remote dorm building for freshmen
  • FE Storage - FE's first service-based venture that offers UD students a place to store their belongings over the summer and during the school year.

Flyer Enterprises previously operated a large convenience store called Rudy's Fly-Buy. It was closed after 17 years of operation in 2007 because of declining sales. The idea for a student-run store was originally brought to UD from Georgetown University by Dr. William Schuerman, former dean of students and vice president of student development at UD. At Georgetown, the student-run corporation is known as Students of Georgetown, Inc. Originally operated by a small group of students, Rudy's Fly-Buy was taken over by Flyer Enterprises when the organization formed. In 2006, Flyer Enterprises lost $10,000 due to declining sales at Rudy's.[5]

References

  1. ^ a b Flyer Enterprises 2010 Annual Report. http://flyerenterprises.com/?page_id=82. "Flyer Enterprises Annual Report Archive" Created July 1, 2010. Accessed August 1, 2010. Published by the Flyer Enterprises.
  2. ^ Entrepreneur.com website. http://www.entrepreneur.com/topcolleges/undergrad/index.html. Accessed January 16, 2009.
  3. ^ a b Flyer Enterprises website. http://www.flyerenterprises.com. Accessed January 16, 2009.
  4. ^ Flyer Consulting Facebook Page. http://www.facebook.com/flyerconsulting. Accessed February 19, 2011.
  5. ^ Flyer News website. "Rudy's to shut down after 17 years." http://flyernews.com/articles/volume/54/issue/25/id/3159. Accessed January 16, 2009.