Sammy's Family Entertainment Center miniature golf course business plan appendix. Sammy's Family Entertainment Center is a family recreation center with a world-class, natural-looking miniature golf course.

Sammy's Family Entertainment Center

Start your own business plan »

Miniature Golf Course Business Plan

Appendix

Sales Forecast
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales
Miniature Golf 0% $1,800 $9,300 $36,000 $37,200 $37,200 $18,000 $13,020 $8,400 $5,040 $0 $0 $4,800
Climbing Wall 0% $270 $1,395 $5,400 $5,580 $5,580 $2,700 $1,953 $1,260 $756 $0 $0 $720
Outside Concessions 0% $72 $372 $1,440 $1,488 $1,488 $720 $521 $336 $202 $0 $0 $192
Inside Concessions 0% $189 $977 $3,780 $3,906 $3,906 $1,890 $1,367 $882 $529 $0 $0 $504
Arcade Transactions 0% $288 $1,488 $5,760 $5,952 $5,952 $2,880 $2,083 $1,344 $806 $0 $0 $768
Fish Feeder 0% $27 $140 $540 $558 $558 $270 $195 $126 $76 $0 $0 $72
Total Sales $2,646 $13,672 $52,920 $54,684 $54,684 $26,460 $19,139 $12,348 $7,409 $0 $0 $7,056
Direct Cost of Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Outside Concessions $18 $93 $360 $372 $372 $180 $130 $84 $50 $0 $0 $48
Inside Concessions $66 $342 $1,323 $1,367 $1,367 $662 $478 $309 $185 $0 $0 $176
Arcade Transactions $144 $744 $2,880 $2,976 $2,976 $1,440 $1,042 $672 $403 $0 $0 $384
Fish Feeder $5 $28 $108 $112 $112 $54 $39 $25 $15 $0 $0 $14
Subtotal Direct Cost of Sales $233 $1,207 $4,671 $4,827 $4,827 $2,336 $1,689 $1,090 $653 $0 $0 $622
Personnel Plan
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Manager 0% $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $0 $0 $2,500
Asst. Manager 0% $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $0 $0 $1,500
Part time staff (1.5 FTE) 0% $700 $1,500 $3,000 $3,000 $3,000 $1,500 $1,000 $750 $500 $0 $0 $500
Owners (1 FTE) 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total People 5 5 5 5 5 5 5 5 5 0 0 5
Total Payroll $4,700 $5,500 $7,000 $7,000 $7,000 $5,500 $5,000 $4,750 $4,500 $0 $0 $4,500
General Assumptions
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Plan Month 1 2 3 4 5 6 7 8 9 10 11 12
Current Interest Rate 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
Long-term Interest Rate 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
Tax Rate 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50% 35.50%
Other 0 0 0 0 0 0 0 0 0 0 0 0
Pro Forma Profit and Loss
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales $2,646 $13,672 $52,920 $54,684 $54,684 $26,460 $19,139 $12,348 $7,409 $0 $0 $7,056
Direct Cost of Sales $233 $1,207 $4,671 $4,827 $4,827 $2,336 $1,689 $1,090 $653 $0 $0 $622
Other Costs of Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cost of Sales $233 $1,207 $4,671 $4,827 $4,827 $2,336 $1,689 $1,090 $653 $0 $0 $622
Gross Margin $2,413 $12,465 $48,249 $49,857 $49,857 $24,124 $17,450 $11,258 $6,756 $0 $0 $6,434
Gross Margin % 91.19% 91.17% 91.17% 91.17% 91.17% 91.17% 91.18% 91.17% 91.19% 0.00% 0.00% 91.18%
Expenses
Payroll $4,700 $5,500 $7,000 $7,000 $7,000 $5,500 $5,000 $4,750 $4,500 $0 $0 $4,500
Sales and Marketing and Other Expenses $1,200 $1,200 $3,150 $650 $650 $650 $150 $150 $150 $150 $150 $1,000
Depreciation $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720 $2,720
Land Lease $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750
Utilities $1,000 $1,250 $1,500 $1,500 $1,500 $1,500 $1,250 $1,750 $2,250 $150 $150 $1,750
Insurance $2,500 $0 $0 $2,500 $0 $0 $2,500 $0 $0 $2,500 $0 $0
Payroll Taxes 12% $564 $660 $840 $840 $840 $660 $600 $570 $540 $0 $0 $540
Acctg & Legal $500 $250 $250 $250 $250 $250 $250 $250 $250 $0 $0 $250
Operating Supplies $26 $137 $529 $547 $547 $265 $191 $123 $74 $0 $0 $71
Telephone 15% $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150
Continuing Education $0 $0 $0 $0 $0 $8,500 $0 $0 $0 $0 $0 $0
Total Operating Expenses $16,110 $14,617 $18,889 $18,907 $16,407 $22,945 $15,561 $13,213 $13,384 $8,420 $5,920 $13,731
Profit Before Interest and Taxes ($13,697) ($2,152) $29,360 $30,950 $33,450 $1,179 $1,889 ($1,955) ($6,628) ($8,420) ($5,920) ($7,297)
EBITDA ($10,977) $568 $32,080 $33,670 $36,170 $3,899 $4,609 $765 ($3,908) ($5,700) ($3,200) ($4,577)
Interest Expense $3,727 $3,721 $3,714 $3,708 $3,701 $3,695 $3,688 $3,681 $3,675 $3,668 $3,661 $3,654
Taxes Incurred ($6,186) ($2,085) $9,104 $9,671 $10,561 ($893) ($639) ($2,001) ($3,658) ($4,291) ($3,401) ($3,888)
Net Profit ($11,239) ($3,788) $16,541 $17,571 $19,188 ($1,622) ($1,161) ($3,636) ($6,645) ($7,797) ($6,180) ($7,063)
Net Profit/Sales -424.75% -27.70% 31.26% 32.13% 35.09% -6.13% -6.06% -29.44% -89.69% 0.00% 0.00% -100.10%
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 Sales $2,646 $13,672 $52,920 $54,684 $54,684 $26,460 $19,139 $12,348 $7,409 $0 $0 $7,056
Subtotal Cash from Operations $2,646 $13,672 $52,920 $54,684 $54,684 $26,460 $19,139 $12,348 $7,409 $0 $0 $7,056
Additional Cash Received
Sales Tax, VAT, HST/GST Received 0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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 $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 $2,646 $13,672 $52,920 $54,684 $54,684 $26,460 $19,139 $12,348 $7,409 $0 $0 $7,056
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 $4,700 $5,500 $7,000 $7,000 $7,000 $5,500 $5,000 $4,750 $4,500 $0 $0 $4,500
Bill Payments $215 $6,557 $9,820 $26,683 $27,339 $25,579 $19,620 $12,444 $8,458 $6,776 $5,023 $3,575
Subtotal Spent on Operations $4,915 $12,057 $16,820 $33,683 $34,339 $31,079 $24,620 $17,194 $12,958 $6,776 $5,023 $8,075
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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 $951 $957 $963 $970 $976 $983 $989 $996 $1,003 $1,009 $1,016 $1,023
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 $5,866 $13,014 $17,784 $34,653 $35,315 $32,062 $25,609 $18,190 $13,960 $7,785 $6,039 $9,097
Net Cash Flow ($3,220) $658 $35,136 $20,031 $19,369 ($5,602) ($6,470) ($5,842) ($6,551) ($7,785) ($6,039) ($2,041)
Cash Balance $10,549 $11,206 $46,343 $66,374 $85,743 $80,141 $73,671 $67,829 $61,277 $53,492 $47,453 $45,412
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 $13,769 $10,549 $11,206 $46,343 $66,374 $85,743 $80,141 $73,671 $67,829 $61,277 $53,492 $47,453 $45,412
Other Current Assets $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230 $23,230
Total Current Assets $36,999 $33,779 $34,436 $69,573 $89,604 $108,973 $103,371 $96,901 $91,059 $84,507 $76,722 $70,683 $68,642
Long-term Assets
Long-term Assets $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500 $649,500
Accumulated Depreciation $0 $2,720 $5,440 $8,160 $10,880 $13,600 $16,320 $19,040 $21,760 $24,480 $27,200 $29,920 $32,640
Total Long-term Assets $649,500 $646,780 $644,060 $641,340 $638,620 $635,900 $633,180 $630,460 $627,740 $625,020 $622,300 $619,580 $616,860
Total Assets $686,499 $680,559 $678,496 $710,913 $728,224 $744,873 $736,551 $727,361 $718,799 $709,527 $699,022 $690,263 $685,502
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 $6,249 $8,932 $25,770 $26,480 $24,917 $19,200 $12,160 $8,230 $6,607 $4,908 $3,345 $6,669
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 $0 $6,249 $8,932 $25,770 $26,480 $24,917 $19,200 $12,160 $8,230 $6,607 $4,908 $3,345 $6,669
Long-term Liabilities $560,000 $559,049 $558,092 $557,129 $556,159 $555,183 $554,200 $553,210 $552,214 $551,212 $550,202 $549,186 $548,163
Total Liabilities $560,000 $565,299 $567,024 $582,899 $582,638 $580,099 $573,400 $565,371 $560,444 $557,818 $555,110 $552,531 $554,833
Paid-in Capital $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000 $140,000
Retained Earnings ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501) ($13,501)
Earnings $0 ($11,239) ($15,026) $1,515 $19,086 $38,274 $36,652 $35,491 $31,856 $25,210 $17,414 $11,234 $4,170
Total Capital $126,499 $115,260 $111,473 $128,014 $145,585 $164,773 $163,151 $161,990 $158,355 $151,709 $143,913 $137,733 $130,669
Total Liabilities and Capital $686,499 $680,559 $678,496 $710,913 $728,224 $744,873 $736,551 $727,361 $718,799 $709,527 $699,022 $690,263 $685,502
Net Worth $126,499 $115,260 $111,473 $128,014 $145,585 $164,773 $163,151 $161,990 $158,355 $151,709 $143,913 $137,733 $130,669

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
Sammy's Family Entertainment Center miniature golf course business plan appendix. Sammy's Family Entertainment Center is a family recreation center with a world-class, natural-looking miniature golf course.
\n