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Sigmund's Gourmet Pasta

Company Summary

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.

Pasta italian restaurant business plan, company summary chart image

Start-up Funding
Start-up Expenses to Fund $2,100
Start-up Assets to Fund $162,900
Total Funding Required $165,000
Assets
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
Total Assets $162,900
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $80,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $80,000
Capital
Planned Investment
Kevin Lewis $85,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $85,000
Loss at Start-up (Start-up Expenses) ($2,100)
Total Capital $82,900
Total Capital and Liabilities $162,900
Total Funding $165,000
Start-up
Requirements
Start-up Expenses
Legal $1,000
Stationery etc. $100
Menus $1,000
Insurance $0
Rent $0
Research and Development $0
Expensed Equipment $0
Other $0
Total Start-up Expenses $2,100
Start-up Assets
Cash Required $87,900
Other Current Assets $0
Long-term Assets $75,000
Total Assets $162,900
Total Requirements $165,000