Sigmund's Gourmet Pasta
Sigmund’s Gourmet Pasta is a gourmet pasta restaurant started in Eugene, OR. Sigmund’s serves individuals, families, and take-away customers with fresh, creative, attractive pasta dishes, salads and desserts. Sigmund’s uses homemade pasta, fresh vegetables, and premium meats and cheeses.
The Eugene store in the Valley River Shopping Center will be the concept store on which all future stores will be based.
2.1 Company Ownership
Sigmund’s is a privately held Oregon Corporation. The majority stock holder is Kevin Lewis.
2.2 Start-up Summary
Sigmund’s will incur the following start-up costs:
- Pasta machines.
- Commercial stove.
- Commercial refrigerators and freezers.
- Commercial dishwasher.
- Cabinets with cutting board surfaces.
- Chairs and tables.
- Beverage dispenser.
- Dishware and flatware.
- Assorted knives, mixing bowls, and other accessories needed in the production of food.
- Point-of-Sale terminal.
- Computer with Internet connection, CD-RW, and printer.
Please note that the following items which are considered assets to be used for more than a year will labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.
|Start-up Expenses to Fund||$2,100|
|Start-up Assets to Fund||$162,900|
|Total Funding Required||$165,000|
|Non-cash Assets from Start-up||$75,000|
|Cash Requirements from Start-up||$87,900|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$87,900|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$85,000|
|Loss at Start-up (Start-up Expenses)||($2,100)|
|Total Capital and Liabilities||$162,900|
|Research and Development||$0|
|Total Start-up Expenses||$2,100|
|Other Current Assets||$0|