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 |