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Noah's Arf
Company Summary
Noah’s Arf is a new company that will provide high-level animal care and customer service in the following categories:
- Overnight care.
- Day care.
- In-home care.
- Wash your own pet.
- Pet grooming.
- Animal behavior classes.
- Pet portraits.
- Gift shop.
- Special events.
- Special requests.
- 24 hour service.
What will set Noah’s Arf apart from the competition is our commitment to provide these services in one convenient location that is not limited to dogs and cats.
2.1 Company Ownership
Noah’s Arf will be created as a Oregon Limited Liability Company (LLC) based in Multnomah County, privately owned by its principal operator.
2.2 Start-up Summary
Total start-up requirements include legal costs, logo design, stationery and related expenses. The start-up costs are to be financed partially by the direct owner investment and long-term loan financing. The details are included in the following table and chart.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal and Accounting | $2,000 |
| Office Supplies (stationery, etc) | $500 |
| Collateral Materials (brochures, cards, etc.) | $4,000 |
| Consultants/Permits | $5,000 |
| Insurance | $3,000 |
| Rent/Lease | $7,500 |
| Space design/contractor | $2,000 |
| Sales and Marketing (advertising, direct mail, etc) | $2,500 |
| Expensed equipment | $0 |
| Other | $500 |
| Total Start-up Expenses | $27,000 |
| Start-up Assets | |
| Cash Required | $39,000 |
| Start-up Inventory | $4,000 |
| Other Current Assets | $0 |
| Long-term Assets | $100,000 |
| Total Assets | $143,000 |
| Total Requirements | $170,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $27,000 |
| Start-up Assets to Fund | $143,000 |
| Total Funding Required | $170,000 |
| Assets | |
| Non-cash Assets from Start-up | $104,000 |
| Cash Requirements from Start-up | $39,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $39,000 |
| Total Assets | $143,000 |
| 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 | |
| Investor 1 | $70,000 |
| Investor 2 | $0 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $70,000 |
| Loss at Start-up (Start-up Expenses) | ($27,000) |
| Total Capital | $43,000 |
| Total Capital and Liabilities | $143,000 |
| Total Funding | $170,000 |
2.3 Company Locations and Facilities
This facility will be established in an upscale, growing area in Northwest Portland described as the Pearl District. We will service the growing condominium area, the West Hills area, while capturing the Beaverton area for those customers coming into the Downtown Portland and airport areas. The facility is zoned EXD, which will allow day and overnight care.