Pizzeria del Causamali
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 | |||||||||||||
Pizza | 0% | $7,200 | $12,600 | $11,160 | $12,000 | $11,460 | $11,340 | $11,820 | $11,160 | $11,320 | $11,640 | $10,560 | $11,640 |
Breadsticks | 0% | $1,000 | $1,750 | $1,550 | $1,667 | $1,592 | $1,575 | $1,642 | $1,550 | $1,642 | $1,617 | $1,467 | $1,617 |
Beer | 0% | $2,000 | $3,500 | $3,100 | $3,333 | $3,183 | $3,150 | $3,283 | $3,100 | $3,283 | $3,233 | $2,933 | $3,233 |
Drinks | 0% | $2,720 | $4,760 | $4,216 | $4,533 | $4,329 | $4,284 | $4,465 | $4,216 | $4,465 | $4,397 | $3,989 | $4,397 |
Total Sales | $12,920 | $22,610 | $20,026 | $21,533 | $20,564 | $20,349 | $21,210 | $20,026 | $20,710 | $20,887 | $18,949 | $20,887 | |
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 | |
Pizza | 32% | $2,304 | $4,032 | $3,571 | $3,840 | $3,667 | $3,629 | $3,782 | $3,571 | $3,622 | $3,725 | $3,379 | $3,725 |
Breadsticks | 20% | $200 | $350 | $310 | $333 | $318 | $315 | $328 | $310 | $328 | $323 | $293 | $323 |
Beer | 20% | $400 | $700 | $620 | $667 | $637 | $630 | $657 | $620 | $657 | $647 | $587 | $647 |
Drinks | 5% | $136 | $238 | $211 | $227 | $216 | $214 | $223 | $211 | $223 | $220 | $199 | $220 |
Subtotal Direct Cost of Sales | $3,040 | $5,320 | $4,712 | $5,067 | $4,839 | $4,788 | $4,991 | $4,712 | $4,831 | $4,915 | $4,459 | $4,915 |
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 | ||
Kitchen Leads | 0% | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 | $2,340 |
Kitchen/Wait | 0% | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 | $3,120 |
Dishwasher | 0% | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 |
Owner | 0% | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 |
Delivery | 0% | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 | $1,300 |
Total People | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |
Total Payroll | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 |
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 | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | |
Long-term Interest Rate | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | |
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 | $12,920 | $22,610 | $20,026 | $21,533 | $20,564 | $20,349 | $21,210 | $20,026 | $20,710 | $20,887 | $18,949 | $20,887 | |
Direct Cost of Sales | $3,040 | $5,320 | $4,712 | $5,067 | $4,839 | $4,788 | $4,991 | $4,712 | $4,831 | $4,915 | $4,459 | $4,915 | |
Other Costs of Goods | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $3,040 | $5,320 | $4,712 | $5,067 | $4,839 | $4,788 | $4,991 | $4,712 | $4,831 | $4,915 | $4,459 | $4,915 | |
Gross Margin | $9,880 | $17,290 | $15,314 | $16,467 | $15,726 | $15,561 | $16,220 | $15,314 | $15,880 | $15,973 | $14,491 | $15,973 | |
Gross Margin % | 76.47% | 76.47% | 76.47% | 76.47% | 76.47% | 76.47% | 76.47% | 76.47% | 76.68% | 76.47% | 76.47% | 76.47% | |
Expenses | |||||||||||||
Payroll | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | |
Sales and Marketing and Other Expenses | $500 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $250 | $250 | $500 | $500 | |
Depreciation | $170 | $170 | $170 | $170 | $170 | $170 | $170 | $170 | $170 | $170 | $170 | $170 | |
Rent | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 | |
Utilities | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | |
Insurance | $350 | $350 | $350 | $350 | $350 | $350 | $350 | $350 | $350 | $350 | $350 | $350 | |
Payroll Taxes | 15% | $670 | $670 | $670 | $670 | $670 | $670 | $670 | $670 | $670 | $670 | $670 | $670 |
Website Hosting and Maintenance | 15% | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $12,350 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,100 | $12,100 | $12,350 | $12,350 | |
Profit Before Interest and Taxes | ($2,470) | $4,690 | $2,714 | $3,866 | $3,125 | $2,961 | $3,619 | $2,714 | $3,779 | $3,872 | $2,140 | $3,622 | |
EBITDA | ($2,300) | $4,860 | $2,884 | $4,036 | $3,295 | $3,131 | $3,789 | $2,884 | $3,949 | $4,042 | $2,310 | $3,792 | |
Interest Expense | $102 | $100 | $98 | $96 | $94 | $92 | $90 | $88 | $85 | $83 | $81 | $79 | |
Taxes Incurred | ($772) | $1,377 | $785 | $1,131 | $910 | $861 | $1,059 | $788 | $1,108 | $1,137 | $618 | $1,063 | |
Net Profit | ($1,801) | $3,213 | $1,831 | $2,639 | $2,122 | $2,008 | $2,471 | $1,838 | $2,586 | $2,652 | $1,441 | $2,480 | |
Net Profit/Sales | -13.94% | 14.21% | 9.14% | 12.26% | 10.32% | 9.87% | 11.65% | 9.18% | 12.49% | 12.70% | 7.61% | 11.87% |
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 | $12,920 | $22,610 | $20,026 | $21,533 | $20,564 | $20,349 | $21,210 | $20,026 | $20,710 | $20,887 | $18,949 | $20,887 | |
Subtotal Cash from Operations | $12,920 | $22,610 | $20,026 | $21,533 | $20,564 | $20,349 | $21,210 | $20,026 | $20,710 | $20,887 | $18,949 | $20,887 | |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Received | $12,920 | $22,610 | $20,026 | $21,533 | $20,564 | $20,349 | $21,210 | $20,026 | $20,710 | $20,887 | $18,949 | $20,887 | |
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 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 | |
Bill Payments | $9,590 | $2,921 | $9,309 | $9,037 | $10,016 | $9,381 | $9,359 | $9,806 | $9,113 | $9,189 | $9,254 | $8,409 | |
Subtotal Spent on Operations | $18,400 | $11,731 | $18,119 | $17,847 | $18,826 | $18,191 | $18,169 | $18,616 | $17,923 | $17,999 | $18,064 | $17,219 | |
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 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
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 | $18,900 | $12,231 | $18,619 | $18,347 | $19,326 | $18,691 | $18,669 | $19,116 | $18,423 | $18,499 | $18,564 | $17,719 | |
Net Cash Flow | ($5,980) | $10,379 | $1,407 | $3,187 | $1,238 | $1,658 | $2,541 | $910 | $2,288 | $2,388 | $386 | $3,168 | |
Cash Balance | $17,120 | $27,499 | $28,906 | $32,093 | $33,331 | $34,989 | $37,530 | $38,440 | $40,728 | $43,116 | $43,501 | $46,670 |
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 | $23,100 | $17,120 | $27,499 | $28,906 | $32,093 | $33,331 | $34,989 | $37,530 | $38,440 | $40,728 | $43,116 | $43,501 | $46,670 |
Inventory | $6,000 | $2,960 | $1,862 | $1,649 | $1,773 | $1,694 | $1,676 | $1,747 | $1,649 | $1,691 | $1,720 | $1,561 | $1,720 |
Other Current Assets | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 | $5,250 |
Total Current Assets | $34,350 | $25,330 | $34,611 | $35,805 | $39,116 | $40,275 | $41,915 | $44,527 | $45,339 | $47,669 | $50,086 | $50,312 | $53,640 |
Long-term Assets | |||||||||||||
Long-term Assets | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 | $20,300 |
Accumulated Depreciation | $0 | $170 | $340 | $510 | $680 | $850 | $1,020 | $1,190 | $1,360 | $1,530 | $1,700 | $1,870 | $2,040 |
Total Long-term Assets | $20,300 | $20,130 | $19,960 | $19,790 | $19,620 | $19,450 | $19,280 | $19,110 | $18,940 | $18,770 | $18,600 | $18,430 | $18,260 |
Total Assets | $54,650 | $45,460 | $54,571 | $55,595 | $58,736 | $59,725 | $61,195 | $63,637 | $64,279 | $66,439 | $68,686 | $68,742 | $71,900 |
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 | $9,500 | $2,611 | $9,008 | $8,702 | $9,703 | $9,070 | $9,031 | $9,503 | $8,806 | $8,880 | $8,975 | $8,089 | $9,267 |
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 | $9,500 | $2,611 | $9,008 | $8,702 | $9,703 | $9,070 | $9,031 | $9,503 | $8,806 | $8,880 | $8,975 | $8,089 | $9,267 |
Long-term Liabilities | $25,000 | $24,500 | $24,000 | $23,500 | $23,000 | $22,500 | $22,000 | $21,500 | $21,000 | $20,500 | $20,000 | $19,500 | $19,000 |
Total Liabilities | $34,500 | $27,111 | $33,008 | $32,202 | $32,703 | $31,570 | $31,031 | $31,003 | $29,806 | $29,380 | $28,975 | $27,589 | $28,267 |
Paid-in Capital | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 |
Retained Earnings | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) | ($25,850) |
Earnings | $0 | ($1,801) | $1,412 | $3,243 | $5,883 | $8,005 | $10,014 | $12,484 | $14,323 | $16,909 | $19,561 | $21,003 | $23,483 |
Total Capital | $20,150 | $18,349 | $21,562 | $23,393 | $26,033 | $28,155 | $30,164 | $32,634 | $34,473 | $37,059 | $39,711 | $41,153 | $43,633 |
Total Liabilities and Capital | $54,650 | $45,460 | $54,571 | $55,595 | $58,736 | $59,725 | $61,195 | $63,637 | $64,279 | $66,439 | $68,686 | $68,742 | $71,900 |
Net Worth | $20,150 | $18,349 | $21,562 | $23,393 | $26,033 | $28,155 | $30,164 | $32,634 | $34,473 | $37,059 | $39,711 | $41,153 | $43,633 |