Tsunami Pizza
Company Summary
Tsunami Pizza is a new pizza delivery service started in the city’s westside area. John Lindsay, owner of Tsunami Pizza, has seven years experience in the restaurant industry. His focus is to satisfy the customer’s demand for a quality pizza that is delivered quickly with a smile. Tsunami Pizza will serve a seven mile area with over 25,000 residents. Overhead will be kept low so that Tsunami Pizza’s prices will beat the competition. Delivery people will use their own vehicles so the business will not have to purchase delivery vehicles.
2.1 Start-up Summary
The start-up cost of Tsunami Pizza will consist primarily of kitchen equipment. John Lindsay will invest $50,000.
2.1.1 Company Ownership
Tsunami Pizza is owned by John Lindsay.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $1,000 |
| Kitchen Inventory | $5,000 |
| Delivery Paper Products | $3,000 |
| Leased Kitchen Equipment | $20,000 |
| Insurance | $1,000 |
| Rent | $1,000 |
| Promotional Signs for Delivery Cars | $2,000 |
| Expensed Equipment | $0 |
| Business Sign | $4,000 |
| Other | $0 |
| Total Start-up Expenses | $37,000 |
| Start-up Assets | |
| Cash Required | $5,000 |
| Other Current Assets | $0 |
| Long-term Assets | $8,000 |
| Total Assets | $13,000 |
| Total Requirements | $50,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $37,000 |
| Start-up Assets to Fund | $13,000 |
| Total Funding Required | $50,000 |
| Assets | |
| Non-cash Assets from Start-up | $8,000 |
| Cash Requirements from Start-up | $5,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $5,000 |
| Total Assets | $13,000 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $0 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $0 |
| Capital | |
| Planned Investment | |
| John Lindsey | $50,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $50,000 |
| Loss at Start-up (Start-up Expenses) | ($37,000) |
| Total Capital | $13,000 |
| Total Capital and Liabilities | $13,000 |
| Total Funding | $50,000 |
2.2 Company Locations and Facilities
Tsunami Pizza will be located at the corner of 11th and Tyler. These two streets are the area’s busiest and provide easy access to our service area.
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