Business Plan for Hibachi Restaurant

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									This Business Plan for a Hibachi Restaurant allows entrepreneurs or business owners
to create a comprehensive and professional business plan. This template form allows a
business to outline the company's objectives and detail both current company
information as well as any past performance. Companies should include a complete
market analysis in their plan to help showcase why their business strategy will be
effective in the market. Future company plans, including production targets,
management strategy, and financial forecasting, should be used to demonstrate and
confirm that the company's short-term and long-term objective can and will be met. This
model plan can be customized to best fit the unique needs of any entrepreneur or owner
that is seeking to create a strong business plan.
                                       Confidentiality Agreement

The undersigned reader acknowledges that the information provided by [Company Name] in this
business plan is confidential; therefore, reader agrees not to disclose it without the express written
permission of [Company Name].

It is acknowledged by reader that information to be furnished in this business plan is in all respects
confidential in nature, other than information which is in the public domain through other means
and that any disclosure or use of same by reader may cause serious harm or damage to
[Company Name].

Upon request, this document is to be immediately returned to [Company Name].




___________________
Signature




___________________
Name (typed or printed)




___________________
Date




                   This is a business plan. It does not imply an offering of securities.



© Copyright 2012 Docstoc Inc.                                                          1
                                                                Table of Contents



1.0 Executive Summary .................................................................................................................... 1
    Chart: Highlights .......................................................................................................................... 2
  1.1 Objectives.................................................................................................................................... 2
  1.2 Mission .......................................................................................................................................... 2
  1.3 Keys to Success ........................................................................................................................ 2
2.0 Organization Summary .............................................................................................................. 3
  2.1 Legal Entity ................................................................................................................................. 3
  2.2 Start-up Summary ................................................................................................................... 3
    Table: Start-up.............................................................................................................................. 4
    Chart: Start-up ............................................................................................................................. 4
3.0 Services ............................................................................................................................................ 5
4.0 Market Analysis Summary ........................................................................................................ 5
  4.1 Market Segmentation ............................................................................................................. 5
  4.2 Target Market Segment Strategy ...................................................................................... 6
5.0 Strategy and Implementation Summary ............................................................................ 6
  5.1 Competitive Edge ..................................................................................................................... 6
  5.2 Marketing Strategy .................................................................................................................. 7
  5.3 Fundraising Strategy ............................................................................................................... 7
    Table: Funding Forecast ............................................................................................................ 7
    Chart: Funding Monthly ............................................................................................................. 8
    Chart: Funding by Year .............................................................................................................. 8
6.0 Management Summary .............................................................................................................. 9
7.0 Financial Plan ................................................................................................................................. 9
  7.1 Start-up Funding ...................................................................................................................... 9
    Table: Start-up Funding .......................................................................................................... 10
  7.3 Break-even Analysis .............................................................................................................. 11
    Table: Break-even Analysis.................................................................................................... 11
    Chart: Break-even Analysis ................................................................................................... 11
  7.4 Projected Surplus or Deficit ............................................................................................... 12
    Table: Surplus and Deficit ...................................................................................................... 12
    Chart: Surplus Monthly ............................................................................................................ 13
    Chart: Surplus Yearly ............................................................................................................... 13
    Chart: Gross Surplus Monthly ............................................................................................... 14
    Chart: Gross Surplus Yearly .................................................................................................. 14
  7.5 Projected Cash Flow .............................................................................................................. 15
    Table: Cash Flow ........................................................................................................................ 15
    Table: Cash Flow (Continued) ............................................................................................... 16
    Chart: Cash .................................................................................................................................. 16
  7.6 Projected Balance Sheet ...................................................................................................... 17
    Table: Balance Sheet ................................................................................................................ 17




                                                                                                                                                 Page 1
                                                             Table of Contents



APPENDIX
Table: Funding Forecast .................................................................................................................... 1
Table: Surplus and Deficit ................................................................................................................ 2
Table: Cash Flow .................................................................................................................................. 3
Table: Balance Sheet .......................................................................................................................... 5




                                                                                                                                           Page 2
                                     [Company Name]

1.0 Executive Summary

   Organization: [Company Name]
   Contact: [Name]
   Address: [Address]
   Phone: XXX-XXX-XXXX
   Cell: XXX-XXX-XXXX
   Email: [Email Address]

   Purpose

   The purpose of this Business Plan is to:

   1. Set a course for the Restaurant's management to successfully manage, operate, and
      administer the business.
   2. Inform financing sources of the capital requirements being requested by the Restaurant, in
      addition to its history, its projected future, and how the requested funding would give the
      Restaurant the ability to add value to the local economy and help put people back to work.

   The Restaurant
   [Company Name] is a start-up is a 501 (c)3 organization located in Dallas County, TX.
   [Company Name] restaurant offers a comfortable, friendly atmosphere in the Dallas, TX area.
   The long-term goal of [Company Name] is to serve its community by providing quality food,
   healthy, balanced meals, have outstanding customer service, as well as offers soup
   kitchen services and meals for the elderly, religious organizations, and families in need in the
   community. [Company Name] will have an inviting and friendly atmosphere. The Organization
   will expand its exposure through effective marketing as well as introduce the area to market
   segments that have not yet discovered the Restaurant.

   The Market
   [Company Name] will focus on community members within the metro Dallas, TX area who
   wants to enjoy a good meal in a comfortable, friendly atmosphere. [Company Name]’s market
   segmentation focuses on people in need of balanced meals, soup kitchen services, as well as
   culinary lessons. These customers prefer certain services and quality of food and it's [Company
   Name]’s duty to deliver on their expectations.

   Financial Consideration
   In addition to diligently following this Business Plan to maintain the safeguards for successful
   business operations and achieve the financial projections herein, the current financial plan of
   [Company Name] includes obtaining a capital injection through one of many financing programs
   in the amount of $250,000. The Restaurant hopes to secure the requested funds sometime in
   the third/fourth quarter of 2011. It will use the funding to cover key expenses such as
   construction; kitchen and office equipment and furnishing; food and beverages; cleaning
   supplies as well as signage. The Organization's funding forecast is projected to increase during
   the next three years, from $638,542 to $698,836, while its break-even stands at $54,407.

   The major focus for grant funding is as follows:
   1. The Organization is a woman owned business
   2. It will provide food, social services and culinary training skills
   3. It will sponsor programs that will improve the Dallas, TX area




[Name] XXX-XXX-XXXX                                                                         Page 1
                                    [Company Name]

   Chart: Highlights




1.1 Objectives

   Tastes of Hibachi’s main objectives include:

          The Restaurant will strive to serve delicious, healthy and low priced food to the general
           public.
          The Restaurant will feed the community by providing relief to the main cause of hunger.
          The Restaurant will work with local community programs with students interested in
           culinary.

1.2 Mission

   [Company Name]’s mission involves serving the community by providing balanced meals, soup
   kitchen services, meals for the elderly, and religious organizations; as well as families in need
   in the community.

1.3 Keys to Success

   Tastes of Hibachi’s keys to success involve:

   1. Serving the community by providing balanced meals and quality service to its customers.
   2. Offering soup kitchen services within its community.
   3. To help put an end to hunger.




[Name] XXX-XXX-XXXX                                                                           Page 2
                                   [Company Name]

2.0 Organization Summary

   Organization: [Company Name]
   Contact: [Name]
   Address: [Address]
   Phone: XXX-XXX-XXXX3667
   Cell: XXX-XXX-XXXX
   Email: [Email Address]

   [Company Name] is a start-up restaurant located in Dallas County, TX. The Organization serves
   fresh, healthy dishes and balanced meals, as well as offers soup kitchen services and meals for
   the elderly, religious organizations, and families in need in the community. The founders of the
   Organization have pooled their resources, and combined their industry experience to develop a
   strategy for reaching and serving the community.

2.1 Legal Entity

   [Company Name] was established as a 501c (3) in Dallas County, TX in June 2011.
   The founders of the Restaurant are [Name] and [Name] , who have 50/50% ownership of the
   Organization.

2.2 Start-up Summary

   The following table and chart shows the start-up costs for [Company Name]. The Organization's
   start-up expenses consist of lease, licenses and permits, utilities, signage, and payroll
   expenses. The start-up assets consist of construction, furniture and fixtures, finish-out, kitchen
   equipment, kitchen supplies, food and produce, beverages, small wares and flatware,
   restaurant supplies, janitorial, restrooms and basic supplies, office supplies and furnishes, as
   well as a communication center.




[Name] XXX-XXX-XXXX                                                                           Page 3
                                     [Company Name]

Table: Start-up

Start-up

Requirements

Start-up Expenses
Lease (First and Last Month’s Rent + Deposit)    $20,000
Licenses and Permits (Building, etc)              $5,000
Utilities (Deposit and Installations)             $5,000
Signage                                          $10,000
Payroll                                          $25,000
Total Start-up Expenses                          $65,000

Start-up Assets
Cash Required                                         $0
Other Current Assets                             $34,000
Long-term Assets                                $290,000
Total Assets                                    $324,000

Total Requirements                              $389,000


   Chart: Start-up




[Name] XXX-XXX-XXXX                                        Page 4
                                  [Company Name]

3.0 Services

   [Company Name] is a restaurant that provides balanced meals, soup kitchen services, meals
   for the elderly, and religious organizations, as well as families in need in the Community.

4.0 Market Analysis Summary

   Dallas is known for its relatively high number of restaurants per capita. Dallas has many local
   and chain restaurants both in the city and town with a range of ethnic foods. [Company Name]
   will make its mark by being a pedestrian-friendly dining establishment for the numerous
   residents in the area, catering to its community. [Company Name] wants its customers to feel
   welcome and relaxed in a friendly atmosphere. If the Organization can effectively reach the
   target market segment of individuals/companies in need of their services, and provide them
   with the quality service that are most important to them, revenues should increase annually as
   is projected.

   Overall, [Company Name]’s industry does not have any seasonality that generally affects it.
   Therefore, the Restaurant has the services and professionalism necessary to flourish within its
   market. By delivering superior customer service in a timely manner, as well as fresh delicious
   food, the Restaurant's potential is excellent.

4.1 Market Segmentation

   [Company Name] wants to create an environment that is inviting, friendly and
   comfortable. Customers are the first priority. Therefore, the Restaurant's market segmentation
   scheme is fairly straightforward and focuses on the target market, Dallas, TX residents in need
   of balanced meals, soup kitchen services, as well as culinary lessons. These customers prefer
   certain services and quality of food and it’s the Restaurant's duty to deliver on their
   expectations.

   The Restaurant's marketing strategy is based on superior performance in the following areas:

      Quality food and culinary services
      Knowledgeable and professional staff
      Excellent service to the community

   [Company Name]’s customers will rely on the Restaurant to deliver the dedication and
   dependability that they desire.




[Name] XXX-XXX-XXXX                                                                        Page 5
                                    [Company Name]

4.2 Target Market Segment Strategy

   [Company Name]’s target market segments consist of customers living and working within the
   Dallas, TX area in need of food services and dining needs. The Organization knows that satisfied
   customers aid the Organization by referring its business to other clients who need similar
   services.

   [Company Name] will utilize the methods below to reach its target market:

      Collect as much demographic data as possible on potential area service users to assist
       management in creating both immediate and long-term plans for reaching out to this
       market segment.
      Formulate and adopt additions and/or revisions to the marketing strategies within this
       Business Plan once sufficient demographic data has been gathered.
      Management must keep in mind that making the masses aware of the Organization is far
       more difficult and expensive than working with an existing user base. Management must
       take particular care in making certain marketing dollars are wisely spent since funds are
       limited.
      Construct a sophisticated website that highlights the benefits of choosing its Organization
       and services.


5.0 Strategy and Implementation Summary

   The strategy of [Company Name] is to consolidate its good customer service by making fresh,
   delicious, dishes; hiring the best staff; and servicing the community. The Restaurant has clearly
   defined the target market and has differentiated itself by offering a solid solution to fulfilling its
   client’s needs. Reasonable funding targets have been established with an implementation plan
   designed to ensure the goals set forth below are achieved.

5.1 Competitive Edge

   The founders of [Company Name] are working diligently to provide effective services and
   programs to residents in its community. The Organization will have the community support it
   needs to thrive; therefore, by building a business based on satisfying clients, [Company Name]
   simultaneously builds a positive presence within the community. Furthermore, the Organization
   will help the community understand what it offers them and why they need it.

   [Company Name] knows that the potential for helping others is vast. With the services and
   programs that the Organization implements, not only will clients basic needs be met, but they
   will also gain self-worth, their confidence will increase and they will overcome with their
   knowledge, as well as be eager to give back to the community and provide social services to
   others who need it. The idea that knowledge helps all those surrounding it is unarguable. It is a
   definite advantage for society.




[Name] XXX-XXX-XXXX                                                                              Page 6
                                   [Company Name]

5.2 Marketing Strategy

   [Company Name]’s marketing strategy involves co-sponsoring events; partnering with similar
   organizations; using mail solicitations, email solicitations, personal solicitations and grant
   solicitations; as well as using word-of-mouth advertising. Additionally the Organization will use
   local publications, brochures, business cards, online channels and its website to advertise it
   services and solicit donations.

   Currently, [Company Name] has an advantage because the directors are a superior
   business team that has excellent work ethics, customer service and communication skills. The
   directors also offer in-depth knowledge of running a successful business, organizing functions
   for a 501(c)3, and offering well-needed social services to the residents in their area.
   Additionally, [Company Name]’s quality of work and level of integrity will help the Organization
   build a strong reputation within its community.

5.3 Fundraising Strategy

   [Company Name] intends to succeed by giving its customers a combination of delicious and
   interesting food in an appealing environment, with excellent customer service, whether on their
   first visit or their hundredth. The Organization will rely on grants, private business donations
   and fundraisers to meet its funding goals. Overall, the founders of [Company Name] have
   excellent customer relations, fundraising strategy, and strong work ethics.

   [Company Name] makes an effort to stay in line with other Organizations offering similar
   services. Getting local professionals, businesses and the community involved is vital to the
   success of the Organization. Additionally, being honest and reliable, as well as utilizing strong
   communication skills and effective fundraising strategies will help the Organization reach its
   goals. Furthermore, uplifting the community and keeping sponsors, donors, and clients happy is
   an implicit part of building a relationship that will encourage donations and fundraising
   participation.

   The chart and table below shows [Company Name]’s projected Funding Forecast. Annual
   projections for three years are shown here, with first year monthly figures in the appendix.

Table: Funding Forecast

Funding Forecast
                                                       Year 1            Year 2           Year 3
Funding
Restaurant                                           $638,542         $674,396          $698,836

Total Funding                                        $638,542         $674,396          $698,836

Direct Cost of Funding                                 Year 1           Year 2            Year 3
Food and Beverage                                    $131,534         $144,687          $159,156

Subtotal Cost of Funding                             $131,534         $144,687          $159,156




[Name] XXX-XXX-XXXX                                                                          Page 7
                           [Company Name]

  Chart: Funding Monthly




  Chart: Funding by Year




[Name] XXX-XXX-XXXX                         Page 8
                                   [Company Name]

6.0 Management Summary

   The founders, directors and primary decision makers of [Company Name] have keen business
   sense due to their years of experience and expertise in the food industry. Furthermore, their
   strong managerial skills, hands-on approach, and leadership qualities also aids them in having
   an effective organization. Additionally, the team handles all aspects of the business.

   The Organization's management team/ Directors consist of:

          [Name] - A skilled chef
          [Name] - over 7 years in management as well as 4 years in the food industry as an
           Assistant in Safety.

7.0 Financial Plan

   The current financial plan is based on the assumption of achieving desired levels of funding, in
   which [Company Name] plans to obtain funding sources in the amount of $250,000 for the
   purpose of covering key expenses such as construction; kitchen and office equipment and
   furnishing; food and beverages; cleaning supplies as well as signage in the first year of plan
   implementation. Additionally, this Business Plan is used by the management of [Company
   Name] as a road map to its success. It is an indispensable tool for the ongoing performance
   and improvement of the Organization, and it will be referred to often as management plots its
   business course.

   Management commits to reviewing this Business Plan on a regular basis to make certain
   financial projections remain accurate and strategies remain pertinent as the economy,
   technology, communication methods, and customer demographics change. The three year
   financial projections within this Business Plan indicate that the Organization will have generated
   sufficient growth, funding, and donations to permit the Organization to continue to exists and
   prosper. Evaluation of the Organization's success will be an ongoing process involving the
   founder's monthly review of financial statements and other pertinent financial data.

7.1 Start-up Funding

   [Company Name]’s start-up costs are detailed below, in the Start-up Table. The Organization's
   start-up expenses consist of lease, licenses and permits, utilities, signage, and payroll
   expenses. The start-up assets consist of construction, furniture and fixtures, finish-out, kitchen
   equipment, kitchen supplies, food and produce, beverages, small wares and flatware,
   restaurant supplies, janitorial, restrooms and basic supplies, office supplies and furnishes, as
   well as a communication center.




[Name] XXX-XXX-XXXX                                                                           Page 9
                                        [Company Name]

    The following table shows how these start-up costs will be funded by owner and investor
    capital.

Table: Start-up Funding

Start-up Funding
Start-up Expenses to Fund                             $65,000
Start-up Assets to Fund                              $324,000
Total Funding Required                               $389,000

Assets
Non-cash Assets from Start-up                        $324,000
Cash Requirements from Start-up                            $0
Additional Cash Raised                                     $0
Cash Balance on Starting Date                              $0
Total Assets                                         $324,000


Liabilities and Capital

Liabilities
Current Borrowing                                          $0
Long-term Liabilities                                      $0
Accounts Payable (Outstanding Bills)                       $0
Other Current Liabilities (interest-free)                  $0
Total Liabilities                                          $0

Capital

Planned Investment
Owner                                                      $0
Investor                                             $250,000
Additional Investment Requirement                    $139,000
Total Planned Investment                             $389,000

Loss at Start-up (Start-up Expenses)                 ($65,000)
Total Capital                                        $324,000


Total Capital and Liabilities                        $324,000

Total Funding                                        $389,000




[Name] XXX-XXX-XXXX                                                                Page 10
                                   [Company Name]

7.3 Break-even Analysis

   The monthly break-even point is shown in the Break-Even Analysis Table below. The break-
   even analysis has been calculated on the "burn rate" of The Organization. [Company Name]
   feels that this gives the investor a more accurate picture of the actual risk of the venture. The
   Break-Even Analysis Table is based on the Organization's forecasted monthly expenses, cost of
   funding, and gross margins.

Table: Break-even Analysis

Break-even Analysis

Monthly Revenue Break-even                        $54,407

Assumptions:
Average Percent Variable Cost                        21%
Estimated Monthly Fixed Cost                      $43,200




Chart: Break-even Analysis




[Name] XXX-XXX-XXXX                                                                        Page 11
                                    [Company Name]

7.4 Projected Surplus or Deficit

   The following Surplus and Deficit Table and charts illustrate [Company Name]’s funding,
   operating expenses, and surplus and deficit over the next three years. The funding for Year 1,
   Year 2, and Year 3 are $638,542, $674,396, and $698,836, respectively. The net surplus for
   the same period is ($11,392), $2,055, and $2,517, respectively. The percentages of the net
   surplus/funding   for   this  period are     -1.78%,    0.30%,    and 0.36%,     respectively.

   Once the Organization receives funding to purchase property, the depreciation of the office and
   kitchen equipment will be over a 5-7 year period.

Table: Surplus and Deficit

Surplus and Deficit
                                                 Year 1           Year 2           Year 3
Funding                                        $638,542         $674,396         $698,836
Direct Cost                                    $131,534         $144,687         $159,156
Other Costs of Funding                               $0               $0               $0
Total Direct Cost                              $131,534         $144,687         $159,156

Gross Surplus                                  $507,008         $529,709         $539,680
Gross Surplus %                                 79.40%           78.55%           77.23%


Expenses
Payroll                                        $300,000         $306,000         $312,120
Marketing/Promotion                              $6,000           $6,600           $7,260
Depreciation                                    $38,004          $38,000          $38,000
Rent                                            $66,000          $66,000          $66,000
Utilities                                       $36,000          $37,080          $38,192
Insurance                                        $4,800           $4,800           $4,800
Phone/Internet                                   $3,000           $3,090           $3,183
Security System                                  $3,600           $3,708           $3,819
Payroll Taxes                                   $45,000          $45,900          $46,818
Maintenance                                      $9,996          $10,296          $10,605
Other                                            $6,000           $6,180           $6,365

Total Operating Expenses                       $518,400         $527,654         $537,162

Surplus Before Interest and Taxes             ($11,392)           $2,055            $2,517
EBITDA                                          $26,612          $40,055           $40,517
 Interest Expense                                    $0               $0                $0
 Taxes Incurred                                      $0               $0                $0

Net Surplus                                   ($11,392)           $2,055            $2,517
Net Surplus/Funding                             -1.78%            0.30%             0.36%




[Name] XXX-XXX-XXXX                                                                          Page 12
                         [Company Name]

Chart: Surplus Monthly




Chart: Surplus Yearly




[Name] XXX-XXX-XXXX                       Page 13
                               [Company Name]

Chart: Gross Surplus Monthly




Chart: Gross Surplus Yearly




[Name] XXX-XXX-XXXX                             Page 14
                                        [Company Name]

7.5 Projected Cash Flow

   [Company Name] is applying for funding sources in the amount of $250,000. [Company Name]
   forecast that it will receive the funding during the third/fourth quarter of 2011. During this
   period, the Organization     will use  the  money     to cover    key    expenses   such   as
   construction; kitchen; office equipment and furnishing; food and beverages; cleaning supplies
   as well as signage.

   The purchase of property expenses is reflected in the purchase of long-term assets. [Company
   Name]’s cash plan is based on the assumption that the Organization meets its funding
   objectives.

Table: Cash Flow

Pro Forma Cash Flow
                                                      Year 1           Year 2          Year 3
Cash Received

Cash from Operations
Cash Funding                                        $638,542        $674,396         $698,836
Subtotal Cash from Operations                       $638,542        $674,396         $698,836

Additional Cash Received
Sales Tax, VAT, HST/GST Received                     $52,680         $55,638          $57,654
New Current Borrowing                                     $0              $0               $0
New Other Liabilities (interest-free)                     $0              $0               $0
New Long-term Liabilities                                 $0              $0               $0
Sales of Other Current Assets                             $0              $0               $0
Sales of Long-term Assets                                 $0              $0               $0
New Investment Received                                   $0              $0               $0
Subtotal Cash Received                              $691,222        $730,034         $756,490




[Name] XXX-XXX-XXXX                                                                      Page 15
                                    [Company Name]

Table: Cash Flow (Continued)

Expenditures                                   Year 1     Year 2     Year 3

Expenditures from Operations
Cash Spending                                $300,000   $306,000   $312,120
Bill Payments                                $283,736   $329,548   $344,731
Subtotal Spent on Operations                 $583,736   $635,548   $656,851

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out              $52,680    $55,638    $57,654
Principal Repayment of Current Borrowing           $0         $0         $0
Other Liabilities Principal Repayment              $0         $0         $0
Long-term Liabilities Principal Repayment          $0         $0         $0
Purchase Other Current Assets                      $0         $0         $0
Purchase Long-term Assets                          $0         $0         $0
Dividends                                          $0         $0         $0
Subtotal Cash Spent                          $636,416   $691,186   $714,505

Net Cash Flow                                 $54,806    $38,848    $41,985
Cash Balance                                  $54,806    $93,654   $135,639




Chart: Cash




[Name] XXX-XXX-XXXX                                                   Page 16
                                  [Company Name]

7.6 Projected Balance Sheet

    The Balance Sheet Table (below) shows the Pro-Forma Balance Sheet projections.       In the
    appendix, the first twelve months are shown individually.

    [Company Name]’s net worth is $312,608, $314,663, and $317,180, for Year 1, Year 2, and
    Year 3 respectively. The Organization's total assets for this same period will be $340,802,
    $341,650, and $345,635, respectively.


Table: Balance Sheet

Pro Forma Balance Sheet
                                                  Year 1           Year 2          Year 3
Assets

Current Assets
Cash                                             $54,806          $93,654        $135,639
Other Current Assets                             $34,000          $34,000         $34,000
Total Current Assets                             $88,806         $127,654        $169,639

Long-term Assets
Long-term Assets                                $290,000         $290,000        $290,000
Accumulated Depreciation                         $38,004          $76,004        $114,004
Total Long-term Assets                          $251,996         $213,996        $175,996
Total Assets                                    $340,802         $341,650        $345,635

Liabilities and Capital                           Year 1           Year 2          Year 3

Current Liabilities
Accounts Payable                                 $28,194          $26,987         $28,455
Current Borrowing                                     $0               $0              $0
Other Current Liabilities                             $0               $0              $0
Subtotal Current Liabilities                     $28,194          $26,987         $28,455

Long-term Liabilities                                 $0               $0              $0
Total Liabilities                                $28,194          $26,987         $28,455

Paid-in Capital                                 $389,000        $389,000         $389,000
Accumulated Surplus/Deficit                     ($65,000)       ($76,392)        ($74,337)
Surplus/Deficit                                 ($11,392)          $2,055           $2,517
Total Capital                                   $312,608        $314,663         $317,180
Total Liabilities and Capital                   $340,802        $341,650         $345,635

Net Worth                                       $312,608         $314,663        $317,180




[Name] XXX-XXX-XXXX                                                                    Page 17
                                                             Appendix

Table: Funding Forecast

Funding Forecast
                           Month 1   Month 2   Month 3   Month 4   Month 5   Month 6   Month 7   Month 8   Month 9    Month     Month     Month
                                                                                                                         10        11        12
Funding
Restaurant                 $50,348   $50,851   $51,360   $51,874   $52,393   $52,917   $53,446   $53,980   $54,520   $55,065   $55,616   $56,172

Total Funding              $50,348   $50,851   $51,360   $51,874   $52,393   $52,917   $53,446   $53,980   $54,520   $55,065   $55,616   $56,172

Direct Cost of Funding     Month 1   Month 2   Month 3   Month 4   Month 5   Month 6   Month 7   Month 8   Month 9     Month     Month    Month
                                                                                                                          10        11        12
Food and Beverage           $8,264    $8,677    $9,111    $9,567   $10,045   $10,547   $11,074   $11,628   $12,209   $12,819   $13,460   $14,133

Subtotal Cost of Funding    $8,264    $8,677    $9,111    $9,567   $10,045   $10,547   $11,074   $11,628   $12,209   $12,819   $13,460   $14,133




                                                                                                                                         Page 1
                                                                          Appendix

Table: Surplus and Deficit

Surplus and Deficit
                                Month 1    Month 2    Month 3   Month 4     Month 5    Month 6   Month 7   Month 8   Month 9   Month 10   Month 11    Month
                                                                                                                                                          12
Funding                         $50,348    $50,851    $51,360   $51,874     $52,393    $52,917   $53,446   $53,980   $54,520    $55,065    $55,616   $56,172
Direct Cost                      $8,264     $8,677     $9,111    $9,567     $10,045    $10,547   $11,074   $11,628   $12,209    $12,819    $13,460   $14,133
Other Costs of Funding               $0         $0         $0        $0          $0         $0        $0        $0        $0         $0         $0        $0
Total Direct Cost                $8,264     $8,677     $9,111    $9,567     $10,045    $10,547   $11,074   $11,628   $12,209    $12,819    $13,460   $14,133

Gross Surplus                   $42,084    $42,174    $42,249   $42,307     $42,348    $42,370   $42,372   $42,352   $42,311    $42,246    $42,156   $42,039
Gross Surplus %                 83.59%     82.94%     82.26%    81.56%      80.83%     80.07%    79.28%    78.46%    77.61%     76.72%     75.80%    74.84%


Expenses
Payroll                         $25,000    $25,000    $25,000   $25,000     $25,000    $25,000   $25,000   $25,000   $25,000    $25,000    $25,000   $25,000
Marketing/Promotion                $500       $500       $500      $500        $500       $500      $500      $500      $500       $500       $500      $500
Depreciation                     $3,167     $3,167     $3,167    $3,167      $3,167     $3,167    $3,167    $3,167    $3,167     $3,167     $3,167    $3,167
Rent                             $5,500     $5,500     $5,500    $5,500      $5,500     $5,500    $5,500    $5,500    $5,500     $5,500     $5,500    $5,500
Utilities                        $3,000     $3,000     $3,000    $3,000      $3,000     $3,000    $3,000    $3,000    $3,000     $3,000     $3,000    $3,000
Insurance                          $400       $400       $400      $400        $400       $400      $400      $400      $400       $400       $400      $400
Phone/Internet                     $250       $250       $250      $250        $250       $250      $250      $250      $250       $250       $250      $250
Security System                    $300       $300       $300      $300        $300       $300      $300      $300      $300       $300       $300      $300
Payroll Taxes             15%    $3,750     $3,750     $3,750    $3,750      $3,750     $3,750    $3,750    $3,750    $3,750     $3,750     $3,750    $3,750
Maintenance                        $833       $833       $833      $833        $833       $833      $833      $833      $833       $833       $833      $833
Other                              $500       $500       $500      $500        $500       $500      $500      $500      $500       $500       $500      $500

Total Operating                 $43,200    $43,200    $43,200   $43,200     $43,200    $43,200   $43,200   $43,200   $43,200    $43,200    $43,200   $43,200
Expenses

Surplus Before Interest         ($1,116)   ($1,026)    ($951)    ($893)      ($852)     ($830)    ($828)    ($848)    ($889)     ($954)   ($1,044)   ($1,161)
and Taxes
EBITDA                           $2,051     $2,141     $2,216    $2,274      $2,315     $2,337    $2,339    $2,319    $2,278     $2,213     $2,123    $2,006
 Interest Expense                    $0         $0         $0        $0          $0         $0        $0        $0        $0         $0         $0        $0
 Taxes Incurred                      $0         $0         $0        $0          $0         $0        $0        $0        $0         $0         $0        $0

Net Surplus                     ($1,116)   ($1,026)    ($951)    ($893)       ($852)    ($830)    ($828)    ($848)    ($889)     ($954)   ($1,044)   ($1,161)
Net Surplus/Funding              -2.22%     -2.02%    -1.85%    -1.72%       -1.63%    -1.57%    -1.55%    -1.57%    -1.63%     -1.73%     -1.88%     -2.07%

                                                                                                                                                     Page 2
                                                                            Appendix


Table: Cash Flow

Pro Forma Cash Flow
                                           Month 1   Month 2   Month 3   Month 4   Month 5   Month 6   Month 7   Month 8   Month 9   Month 10   Month 11   Month 12
Cash Received

Cash from Operations
Cash Funding                               $50,348   $50,851   $51,360   $51,874   $52,393   $52,917   $53,446   $53,980   $54,520    $55,065    $55,616    $56,172
Subtotal Cash from Operations              $50,348   $50,851   $51,360   $51,874   $52,393   $52,917   $53,446   $53,980   $54,520    $55,065    $55,616    $56,172

Additional Cash Received
Sales Tax, VAT, HST/GST            8.25%    $4,154    $4,195    $4,237    $4,280    $4,322    $4,366    $4,409    $4,453    $4,498     $4,543     $4,588     $4,634
Received
New Current Borrowing                          $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
New Other Liabilities (interest-               $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
free)
New Long-term Liabilities                       $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Sales of Other Current Assets                   $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Sales of Long-term Assets                       $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
New Investment Received                         $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Subtotal Cash Received                     $54,502   $55,046   $55,597   $56,154   $56,715   $57,283   $57,855   $58,433   $59,018    $59,608    $60,204    $60,806




                                                                                                                                                           Page 3
                                                                   Appendix



Table: Cash Flow (Continued)

Expenditures                      Month 1   Month 2   Month 3   Month 4   Month 5   Month 6   Month 7   Month 8   Month 9   Month 10   Month 11   Month 12

Expenditures from Operations
Cash Spending                     $25,000   $25,000   $25,000   $25,000   $25,000   $25,000   $25,000   $25,000   $25,000    $25,000    $25,000    $25,000
Bill Payments                       $777    $23,311   $23,724   $24,159   $24,616   $25,095   $25,598   $26,125   $26,680    $27,262    $27,873    $28,515
Subtotal Spent on Operations      $25,777   $48,311   $48,724   $49,159   $49,616   $50,095   $50,598   $51,125   $51,680    $52,262    $52,873    $53,515

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid       $4,154    $4,195    $4,237    $4,280    $4,322    $4,366    $4,409    $4,453    $4,498     $4,543     $4,588     $4,634
Out
Principal Repayment of Current        $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Borrowing
Other Liabilities Principal           $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Repayment
Long-term Liabilities Principal       $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Repayment
Purchase Other Current Assets          $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Purchase Long-term Assets              $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Dividends                              $0        $0        $0        $0        $0        $0        $0        $0        $0         $0         $0         $0
Subtotal Cash Spent               $29,930   $52,506   $52,962   $53,439   $53,938   $54,460   $55,007   $55,579   $56,178    $56,805    $57,462    $58,150

Net Cash Flow                     $24,571    $2,540    $2,636    $2,715    $2,777    $2,822    $2,848    $2,855    $2,840     $2,803     $2,743     $2,657
Cash Balance                      $24,571   $27,112   $29,747   $32,462   $35,239   $38,061   $40,910   $43,764   $46,604    $49,407    $52,149    $54,806




                                                                                                                                                  Page 4
                                                                                          Appendix

Table: Balance Sheet

Pro Forma Balance Sheet
                                                 Month 1     Month 2     Month 3     Month 4     Month 5     Month 6     Month 7     Month 8     Month 9    Month 10    Month 11      Month
                                                                                                                                                                                         12
Assets                      Starting Balances

Current Assets
Cash                                   $0        $24,571     $27,112     $29,747     $32,462     $35,239     $38,061     $40,910     $43,764     $46,604     $49,407     $52,149     $54,806
Other Current Assets              $34,000        $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000     $34,000
Total Current Assets              $34,000        $58,571     $61,112     $63,747     $66,462     $69,239     $72,061     $74,910     $77,764     $80,604     $83,407     $86,149     $88,806

Long-term Assets
Long-term Assets                 $290,000       $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000    $290,000
Accumulated                            $0         $3,167      $6,334      $9,501     $12,668     $15,835     $19,002     $22,169     $25,336     $28,503     $31,670     $34,837     $38,004
Depreciation
Total Long-term Assets           $290,000       $286,833    $283,666    $280,499    $277,332    $274,165    $270,998    $267,831    $264,664    $261,497    $258,330    $255,163    $251,996
Total Assets                     $324,000       $345,404    $344,778    $344,246    $343,794    $343,404    $343,059    $342,741    $342,428    $342,101    $341,737    $341,312    $340,802

Liabilities and Capital                          Month 1     Month 2     Month 3     Month 4     Month 5     Month 6     Month 7     Month 8     Month 9    Month 10    Month 11      Month
                                                                                                                                                                                         12

Current Liabilities
Accounts Payable                        $0       $22,520     $22,920     $23,339     $23,780     $24,242     $24,727     $25,237     $25,772     $26,334     $26,924     $27,543     $28,194
Current Borrowing                       $0            $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0
Other Current Liabilities               $0            $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0
Subtotal Current                        $0       $22,520     $22,920     $23,339     $23,780     $24,242     $24,727     $25,237     $25,772     $26,334     $26,924     $27,543     $28,194
Liabilities

Long-term Liabilities                   $0            $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0          $0
Total Liabilities                       $0       $22,520     $22,920     $23,339     $23,780     $24,242     $24,727     $25,237     $25,772     $26,334     $26,924     $27,543     $28,194

Paid-in Capital                  $389,000       $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000    $389,000
Accumulated                      ($65,000)      ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)   ($65,000)
Surplus/Deficit
Surplus/Deficit                        $0        ($1,116)    ($2,142)    ($3,093)    ($3,986)    ($4,838)    ($5,668)    ($6,496)    ($7,344)    ($8,233)    ($9,187)   ($10,231)   ($11,392)
Total Capital                    $324,000       $322,884    $321,858    $320,907    $320,014    $319,162    $318,332    $317,504    $316,656    $315,767    $314,813    $313,769    $312,608
Total Liabilities and            $324,000       $345,404    $344,778    $344,246    $343,794    $343,404    $343,059    $342,741    $342,428    $342,101    $341,737    $341,312    $340,802
Capital
Net Worth                        $324,000       $322,884    $321,858    $320,907    $320,014    $319,162    $318,332    $317,504    $316,656    $315,767    $314,813    $313,769    $312,608


                                                                                                                                                                                    Page 5
                                                               Appendix


								
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