Aztec Food Imports

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Ethnic Food Import Business Plan

Company Summary

Aztec Food Imports will import Mexican food products to the local markets of the Richmond Metro area. 

2.1 Company Ownership

Aztec's ownership is shared equally between Raymond Garcia and Jose Arroyo. Raymond has eight years of importing experience. Jose Arroya has 10 years experience in managing imports from Mexico and shipping to the U.S. market. Raymond Garcia is responsible for the daily management, sales, and store deliveries. Jose Arroya is responsible for the quality control and shipping of the goods from Mexico to the U.S.

2.2 Start-up Summary

The start-up cost of Aztec Food Imports will consist primarily of inventory. Raymond Garcia and Jose Arroya will each invest $50,000.  They will also secure a $100,000 SBA loan.

Start-up Funding
Start-up Expenses to Fund $15,300
Start-up Assets to Fund $184,700
Total Funding Required $200,000
Assets
Non-cash Assets from Start-up $80,000
Cash Requirements from Start-up $104,700
Additional Cash Raised $0
Cash Balance on Starting Date $104,700
Total Assets $184,700
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $100,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $100,000
Capital
Planned Investment
Raymond Garcia $50,000
IJose Arroya $50,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $100,000
Loss at Start-up (Start-up Expenses) ($15,300)
Total Capital $84,700
Total Capital and Liabilities $184,700
Total Funding $200,000
Start-up
Requirements
Start-up Expenses
Legal $5,000
Stationery etc. $800
Brochures $2,000
Consultants $0
Insurance $0
Rent $3,000
Expensed Equipment $4,000
Utilities $500
Other $0
Total Start-up Expenses $15,300
Start-up Assets
Cash Required $104,700
Start-up Inventory $60,000
Other Current Assets $0
Long-term Assets $20,000
Total Assets $184,700
Total Requirements $200,000

2.3 Company Locations and Facilities

Aztec Food Imports will have warehouse space located in the Fillmore industrial district.