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The Bronx Deli and Bakery

Company Summary

The Bronx Deli and Bakery is located in the heart of the Willow Creek section of Richmond.  The owner, Barry Cohn, is opening the Bronx Deli and Bakery in response to the limited number of eating places located in the Willow Creek area.  The bakery will offer New York City deli bakery items and sandwiches.  We will focus on bringing in the customer who visits the arts and crafts stores and is looking for a warm and comfortable place to relax and enjoy excellent food.

2.1 Company Ownership

The Bronx Deli and Bakery is owned by Barry Cohn.

2.2 Start-up Summary

The start-up cost of the Bronx Deli and Bakery will consist primarily of kitchen equipment and dining set-up. Barry Cohn will invest $80,000. He will also secure a $50,000 SBA loan.

Delicatessen and bakery business plan, company summary chart image

Start-up Expenses
Legal $1,000
Insurance $1,000
Rent $1,800
Dining Set-Up $8,000
Total Start-up Expenses $11,800
Start-up Assets
Cash Required $63,200
Start-up Inventory $5,000
Other Current Assets $0
Long-term Assets $50,000
Total Assets $118,200
Total Requirements $130,000
Start-up Funding
Start-up Expenses to Fund $11,800
Start-up Assets to Fund $118,200
Total Funding Required $130,000
Non-cash Assets from Start-up $55,000
Cash Requirements from Start-up $63,200
Additional Cash Raised $0
Cash Balance on Starting Date $63,200
Total Assets $118,200
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $50,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $50,000
Planned Investment
Barry Cohn $80,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $80,000
Loss at Start-up (Start-up Expenses) ($11,800)
Total Capital $68,200
Total Capital and Liabilities $118,200
Total Funding $130,000