Falls River Theatre
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 | |||||||||||||
| Family movies | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,000 | $16,640 | $17,306 | $17,998 | $18,718 |
| Young adult movies | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,600 | $5,824 | $6,057 | $6,299 | $6,551 |
| Concessions | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,960 | $13,478 | $14,018 | $14,578 | $15,161 |
| Total Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,560 | $35,942 | $37,380 | $38,875 | $40,430 | |
| 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 | |
| Movies | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,960 | $13,478 | $14,018 | $14,578 | $15,161 | |
| Concessions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,888 | $4,044 | $4,205 | $4,373 | $4,548 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,848 | $17,522 | $18,223 | $18,952 | $19,710 | |
| 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 | ||
| Samantha Farmer | 0% | $1,600 | $1,600 | $1,600 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 |
| Steve Brinksman | 0% | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $2,400 | $2,400 | $2,400 | $2,400 |
| Customer Service (4 part-time employees) | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $850 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 6 | 6 | 6 | 6 | |
| Total Payroll | $4,800 | $4,800 | $4,800 | $6,400 | $6,400 | $6,400 | $7,250 | $8,100 | $7,300 | $7,300 | $7,300 | $7,300 | |
| 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 | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Tax Rate | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,560 | $35,942 | $37,380 | $38,875 | $40,430 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,848 | $17,522 | $18,223 | $18,952 | $19,710 | |
| Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,848 | $17,522 | $18,223 | $18,952 | $19,710 | |
| Gross Margin | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17,712 | $18,420 | $19,157 | $19,924 | $20,721 | |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 51.25% | 51.25% | 51.25% | 51.25% | 51.25% | |
| Expenses | |||||||||||||
| Payroll | $4,800 | $4,800 | $4,800 | $6,400 | $6,400 | $6,400 | $7,250 | $8,100 | $7,300 | $7,300 | $7,300 | $7,300 | |
| Sales and Marketing and Other Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $600 | $1,100 | $400 | $400 | $400 | $400 | |
| Depreciation | $166 | $166 | $166 | $166 | $166 | $166 | $166 | $166 | $166 | $166 | $166 | $166 | |
| Rent | $900 | $900 | $900 | $900 | $900 | $900 | $900 | $900 | $900 | $900 | $900 | $900 | |
| Utilities | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | |
| Insurance | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $850 | $1,100 | $1,100 | $1,100 | $1,100 | |
| Payroll Taxes | 15% | $720 | $720 | $720 | $960 | $960 | $960 | $1,088 | $1,215 | $1,095 | $1,095 | $1,095 | $1,095 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $9,786 | $9,786 | $9,786 | $11,626 | $11,626 | $11,626 | $13,204 | $14,831 | $13,461 | $13,461 | $13,461 | $13,461 | |
| Profit Before Interest and Taxes | ($9,786) | ($9,786) | ($9,786) | ($11,626) | ($11,626) | ($11,626) | ($13,204) | $2,881 | $4,959 | $5,696 | $6,463 | $7,260 | |
| EBITDA | ($9,620) | ($9,620) | ($9,620) | ($11,460) | ($11,460) | ($11,460) | ($13,038) | $3,047 | $5,125 | $5,862 | $6,629 | $7,426 | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($9,786) | ($9,786) | ($9,786) | ($11,626) | ($11,626) | ($11,626) | ($13,204) | $2,881 | $4,959 | $5,696 | $6,463 | $7,260 | |
| Net Profit/Sales | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.34% | 13.80% | 15.24% | 16.62% | 17.96% | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,560 | $35,942 | $37,380 | $38,875 | $40,430 | |
| Subtotal Cash from Operations | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,560 | $35,942 | $37,380 | $38,875 | $40,430 | |
| 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 | $60,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $60,000 | $0 | $0 | $0 | $0 | $0 | $0 | $34,560 | $35,942 | $37,380 | $38,875 | $40,430 | |
| 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 | $4,800 | $4,800 | $4,800 | $6,400 | $6,400 | $6,400 | $7,250 | $8,100 | $7,300 | $7,300 | $7,300 | $7,300 | |
| Bill Payments | $161 | $4,820 | $4,820 | $4,828 | $5,060 | $5,060 | $5,084 | $6,969 | $40,680 | $24,283 | $25,014 | $25,775 | |
| Subtotal Spent on Operations | $4,961 | $9,620 | $9,620 | $11,228 | $11,460 | $11,460 | $12,334 | $15,069 | $47,980 | $31,583 | $32,314 | $33,075 | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| 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 | $4,961 | $9,620 | $9,620 | $11,228 | $11,460 | $11,460 | $12,334 | $15,069 | $47,980 | $31,583 | $32,314 | $33,075 | |
| Net Cash Flow | $55,039 | ($9,620) | ($9,620) | ($11,228) | ($11,460) | ($11,460) | ($12,334) | $19,491 | ($12,037) | $5,798 | $6,561 | $7,355 | |
| Cash Balance | $67,439 | $57,819 | $48,199 | $36,971 | $25,511 | $14,051 | $1,717 | $21,208 | $9,170 | $14,968 | $21,529 | $28,885 | |
| 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 | $12,400 | $67,439 | $57,819 | $48,199 | $36,971 | $25,511 | $14,051 | $1,717 | $21,208 | $9,170 | $14,968 | $21,529 | $28,885 |
| Inventory | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $18,533 | $19,274 | $20,045 | $20,847 | $21,681 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $13,100 | $68,139 | $58,519 | $48,899 | $37,671 | $26,211 | $14,751 | $2,417 | $39,740 | $28,445 | $35,013 | $42,376 | $50,565 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| Accumulated Depreciation | $0 | $166 | $332 | $498 | $664 | $830 | $996 | $1,162 | $1,328 | $1,494 | $1,660 | $1,826 | $1,992 |
| Total Long-term Assets | $10,000 | $9,834 | $9,668 | $9,502 | $9,336 | $9,170 | $9,004 | $8,838 | $8,672 | $8,506 | $8,340 | $8,174 | $8,008 |
| Total Assets | $23,100 | $77,973 | $68,187 | $58,401 | $47,007 | $35,381 | $23,755 | $11,255 | $48,412 | $36,951 | $43,353 | $50,550 | $58,573 |
| 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 | $4,659 | $4,659 | $4,659 | $4,891 | $4,891 | $4,891 | $5,595 | $39,871 | $23,450 | $24,156 | $24,890 | $25,654 |
| 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 | $4,659 | $4,659 | $4,659 | $4,891 | $4,891 | $4,891 | $5,595 | $39,871 | $23,450 | $24,156 | $24,890 | $25,654 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $4,659 | $4,659 | $4,659 | $4,891 | $4,891 | $4,891 | $5,595 | $39,871 | $23,450 | $24,156 | $24,890 | $25,654 |
| Paid-in Capital | $45,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 |
| Retained Earnings | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) | ($21,900) |
| Earnings | $0 | ($9,786) | ($19,572) | ($29,358) | ($40,984) | ($52,610) | ($64,236) | ($77,440) | ($74,559) | ($69,599) | ($63,903) | ($57,440) | ($50,181) |
| Total Capital | $23,100 | $73,314 | $63,528 | $53,742 | $42,116 | $30,490 | $18,864 | $5,661 | $8,542 | $13,501 | $19,197 | $25,660 | $32,919 |
| Total Liabilities and Capital | $23,100 | $77,973 | $68,187 | $58,401 | $47,007 | $35,381 | $23,755 | $11,255 | $48,412 | $36,951 | $43,353 | $50,550 | $58,573 |
| Net Worth | $23,100 | $73,314 | $63,528 | $53,742 | $42,116 | $30,490 | $18,864 | $5,660 | $8,542 | $13,501 | $19,197 | $25,660 | $32,919 |
By 
