Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Download for free

Catering & Food Truck icon Catering and Ballroom Rental Business Plan

Start your plan

Start your own catering and ballroom rental business plan

Sumptuous Cuisine Catering

Appendix

Sales Forecast
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sales
Off-Site Food & Beverage $50,000 $52,500 $55,125 $57,881 $60,775 $63,814 $67,005 $69,685 $72,472 $75,371 $78,386 $81,522
Sumptuous Ballroom Food & Beverage $0 $0 $5,000 $5,500 $6,050 $6,655 $7,321 $8,053 $8,858 $9,744 $10,718 $11,790
Subcontracted Services $25,000 $25,750 $26,523 $27,318 $28,138 $28,982 $29,851 $30,747 $31,669 $32,619 $33,598 $34,606
Ballroom Rentals $0 $0 $5,000 $7,500 $11,250 $13,750 $16,250 $18,750 $21,250 $23,750 $25,000 $26,250
Staffing $37,500 $39,375 $45,094 $47,536 $50,119 $52,852 $55,744 $58,303 $60,998 $63,836 $66,828 $69,983
Referral Fees/Commissions $6,250 $6,563 $7,516 $7,923 $8,353 $8,809 $9,291 $9,717 $10,166 $10,639 $11,138 $11,664
Event Planning $6,250 $6,563 $7,516 $7,923 $8,353 $8,809 $9,291 $9,717 $10,166 $10,639 $11,138 $11,664
Total Sales $125,000 $130,750 $151,773 $161,581 $173,038 $183,670 $194,752 $204,972 $215,580 $226,599 $236,806 $247,478
Direct Cost of Sales Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Food and Beverage Cost 25% $12,500 $13,125 $15,031 $15,845 $16,706 $17,617 $18,581 $19,434 $20,333 $21,279 $22,276 $23,328
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Direct Cost of Sales $12,500 $13,125 $15,031 $15,845 $16,706 $17,617 $18,581 $19,434 $20,333 $21,279 $22,276 $23,328
Personnel Plan
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CEO $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
COO $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000
Marketing Director $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
Salespeople $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000
Administrative Assistant $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000
Head Cook $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
Assistant Cooks $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000
Facility Manager $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500 $4,500
Total People 8 8 8 8 8 8 8 8 8 8 8 8
Total Payroll $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500

Pro Forma Profit and Loss
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sales $125,000 $130,750 $151,773 $161,581 $173,038 $183,670 $194,752 $204,972 $215,580 $226,599 $236,806 $247,478
Direct Cost of Sales $12,500 $13,125 $15,031 $15,845 $16,706 $17,617 $18,581 $19,434 $20,333 $21,279 $22,276 $23,328
Event Staff 17% $21,250 $22,228 $25,801 $27,469 $29,417 $31,224 $33,108 $34,845 $36,649 $38,522 $40,257 $42,071
Subcontracted Services $20,000 $20,600 $21,218 $21,855 $22,510 $23,185 $23,881 $24,597 $25,335 $26,095 $26,878 $27,685
Total Cost of Sales $53,750 $55,953 $62,051 $65,169 $68,633 $72,027 $75,570 $78,877 $82,316 $85,896 $89,411 $93,084
Gross Margin $71,250 $74,798 $89,722 $96,412 $104,405 $111,643 $119,182 $126,095 $133,263 $140,703 $147,395 $154,395
Gross Margin % 57.00% 57.21% 59.12% 59.67% 60.34% 60.78% 61.20% 61.52% 61.82% 62.09% 62.24% 62.39%
Expenses
Payroll $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500
Marketing/Promotion $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $8,000 $8,000 $8,000 $6,000 $6,000
Depreciation 50000 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333 $2,333
Rent $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000
Utilities $500 $525 $551 $579 $608 $638 $670 $704 $739 $776 $814 $855
Insurance $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000
Payroll Taxes 15% $9,113 $9,259 $9,795 $10,045 $10,337 $10,609 $10,891 $11,152 $11,422 $11,703 $11,964 $12,236
Employee Benefits 10% $6,075 $6,173 $6,530 $6,697 $6,892 $7,072 $7,261 $7,435 $7,615 $7,802 $7,976 $8,157
Office Expenses 15% $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
Facility Cleaning & Maintenance $6,450 $6,738 $7,789 $8,279 $8,852 $9,384 $9,938 $10,449 $10,979 $11,530 $12,040 $12,574
Total Operating Expenses $79,471 $80,028 $81,999 $82,933 $84,022 $85,036 $86,093 $85,072 $86,088 $87,144 $86,127 $87,155
Profit Before Interest and Taxes ($8,221) ($5,230) $7,723 $13,479 $20,383 $26,607 $33,089 $41,023 $47,175 $53,559 $61,267 $67,239
EBITDA ($5,888) ($2,897) $10,057 $15,812 $22,717 $28,941 $35,422 $43,356 $49,508 $55,892 $63,601 $69,573
Interest Expense $15,509 $15,435 $15,361 $15,287 $15,213 $15,139 $15,065 $14,991 $14,917 $14,843 $14,769 $14,694
Taxes Incurred ($7,119) ($6,200) ($2,291) ($542) $1,551 $3,441 $5,407 $7,810 $9,677 $11,615 $13,950 $15,763
Net Profit ($16,611) ($14,466) ($5,346) ($1,266) $3,619 $8,028 $12,617 $18,223 $22,581 $27,101 $32,549 $36,781
Net Profit/Sales -13.29% -11.06% -3.52% -0.78% 2.09% 4.37% 6.48% 8.89% 10.47% 11.96% 13.75% 14.86%

Pro Forma Cash Flow
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash Received
Cash from Operations
Cash Sales $62,500 $65,375 $75,886 $80,790 $86,519 $91,835 $97,376 $102,486 $107,790 $113,300 $118,403 $123,739
Cash from Receivables $72,222 $69,444 $64,033 $70,981 $78,502 $83,846 $89,354 $94,790 $100,101 $105,315 $110,728 $116,021
Subtotal Cash from Operations $134,722 $134,819 $139,920 $151,771 $165,021 $175,681 $186,730 $197,276 $207,891 $218,614 $229,131 $239,761
Additional Cash Received
Sales Tax, VAT, HST/GST Received 8.00% $10,000 $10,460 $12,142 $12,926 $13,843 $14,694 $15,580 $16,398 $17,246 $18,128 $18,944 $19,798
New Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Other Liabilities (interest-free) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Long-term Liabilities $1,870,000 $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 $2,014,722 $145,279 $152,061 $164,698 $178,864 $190,374 $202,310 $213,674 $225,137 $236,742 $248,076 $259,559
Expenditures Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Expenditures from Operations
Cash Spending $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500 $39,500
Bill Payments $53,001 $90,483 $104,113 $116,411 $121,640 $128,225 $134,482 $140,936 $145,552 $151,832 $158,297 $163,138
Subtotal Spent on Operations $92,501 $129,983 $143,613 $155,911 $161,140 $167,725 $173,982 $180,436 $185,052 $191,332 $197,797 $202,638
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $10,000 $10,460 $12,142 $12,926 $13,843 $14,694 $15,580 $16,398 $17,246 $18,128 $18,944 $19,798
Principal Repayment of Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term Liabilities Principal Repayment $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889 $8,889
Purchase Other Current Assets $100,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Purchase Long-term Assets $2,050,000 $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 $2,261,390 $149,332 $164,644 $177,727 $183,872 $191,307 $198,451 $205,723 $211,187 $218,349 $225,631 $231,325
Net Cash Flow ($246,668) ($4,053) ($12,582) ($13,029) ($5,008) ($933) $3,860 $7,951 $13,951 $18,393 $22,445 $28,234
Cash Balance $53,332 $49,279 $36,697 $23,668 $18,660 $17,727 $21,587 $29,538 $43,488 $61,882 $84,327 $112,561

Pro Forma Balance Sheet
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Assets Starting Balances
Current Assets
Cash $300,000 $53,332 $49,279 $36,697 $23,668 $18,660 $17,727 $21,587 $29,538 $43,488 $61,882 $84,327 $112,561
Accounts Receivable $108,333 $98,611 $94,542 $106,395 $116,204 $124,221 $132,211 $140,232 $147,928 $155,617 $163,601 $171,276 $178,994
Inventory $16,000 $6,250 $6,563 $7,516 $7,923 $8,353 $8,809 $9,291 $9,717 $10,166 $10,639 $11,138 $11,664
Other Current Assets $2,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500 $102,500
Total Current Assets $426,833 $260,693 $252,884 $253,107 $250,294 $253,734 $261,246 $273,610 $289,683 $311,771 $338,622 $369,241 $405,719
Long-term Assets
Long-term Assets $90,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000 $2,140,000
Accumulated Depreciation $40,000 $42,333 $44,667 $47,000 $49,333 $51,667 $54,000 $56,333 $58,667 $61,000 $63,333 $65,667 $68,000
Total Long-term Assets $50,000 $2,097,667 $2,095,333 $2,093,000 $2,090,667 $2,088,333 $2,086,000 $2,083,667 $2,081,333 $2,079,000 $2,076,667 $2,074,333 $2,072,000
Total Assets $476,833 $2,358,360 $2,348,217 $2,346,107 $2,340,961 $2,342,068 $2,347,246 $2,357,276 $2,371,017 $2,390,771 $2,415,289 $2,443,574 $2,477,719
Liabilities and Capital Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Current Liabilities
Accounts Payable $50,000 $87,027 $100,238 $112,364 $117,373 $123,749 $129,789 $136,091 $140,498 $146,561 $152,866 $157,491 $163,743
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 Liabilities $50,000 $87,027 $100,238 $112,364 $117,373 $123,749 $129,789 $136,091 $140,498 $146,561 $152,866 $157,491 $163,743
Long-term Liabilities $0 $1,861,111 $1,852,222 $1,843,333 $1,834,444 $1,825,555 $1,816,666 $1,807,777 $1,798,888 $1,789,999 $1,781,110 $1,772,221 $1,763,332
Total Liabilities $50,000 $1,948,138 $1,952,460 $1,955,697 $1,951,817 $1,949,304 $1,946,455 $1,943,868 $1,939,386 $1,936,560 $1,933,976 $1,929,712 $1,927,075
Paid-in Capital $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000
Retained Earnings $151,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833 $226,833
Earnings $75,000 ($16,611) ($31,077) ($36,423) ($37,689) ($34,070) ($26,042) ($13,425) $4,797 $27,378 $54,479 $87,029 $123,810
Total Capital $426,833 $410,222 $395,756 $390,410 $389,144 $392,763 $400,791 $413,408 $431,631 $454,212 $481,313 $513,862 $550,643
Total Liabilities and Capital $476,833 $2,358,360 $2,348,217 $2,346,107 $2,340,961 $2,342,068 $2,347,246 $2,357,276 $2,371,017 $2,390,771 $2,415,289 $2,443,574 $2,477,719
Net Worth $426,833 $410,222 $395,756 $390,410 $389,144 $392,763 $400,791 $413,408 $431,631 $454,212 $481,313 $513,862 $550,643