Kiowa Smoke Shops
Appendix
Sales Forecast | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
Sales | |||||||||||||
Cigars | 0% | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 | $15,833 |
Cigarettes | 0% | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 | $19,166 |
Pipes and pipe tobacco | 0% | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 | $10,840 |
Roll-your-own products | 0% | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 |
Accessories | 0% | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 | $2,916 |
Total Sales | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | |
Direct Cost of Sales | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | |
Cigars | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | $10,996 | |
Cigarettes | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | $13,311 | |
Pipes and pipe tobacco | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | $7,528 | |
Roll-your-own products | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | $3,761 | |
Accessories | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | $2,025 | |
Subtotal Direct Cost of Sales | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 |
Personnel Plan | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
Mr. and Mrs Renaldo | 0% | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
Store manager | 0% | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 |
Store manager | 0% | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 | $2,333 |
Part-time store employee | 0% | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 |
Part-time store employee | 0% | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 |
Total People | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
Total Payroll | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 |
General Assumptions | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
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 | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
Sales | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | |
Direct Cost of Sales | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | |
Other Costs of Goods | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | $37,622 | |
Gross Margin | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | $16,549 | |
Gross Margin % | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | 30.55% | |
Expenses | |||||||||||||
Payroll | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | |
Sales and Marketing and Other Expenses | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | |
Utilities | $110 | $110 | $110 | $110 | $110 | $110 | $110 | $110 | $110 | $110 | $110 | $110 | |
Insurance | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Payroll Taxes | 15% | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 | $1,630 |
Other | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Total Operating Expenses | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | $14,707 | |
Profit Before Interest and Taxes | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | |
EBITDA | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | $1,843 | |
Interest Expense | $462 | $462 | $461 | $460 | $459 | $458 | $457 | $457 | $456 | $455 | $454 | $453 | |
Taxes Incurred | $414 | $414 | $415 | $415 | $415 | $415 | $416 | $416 | $416 | $416 | $417 | $417 | |
Net Profit | $966 | $967 | $967 | $968 | $969 | $969 | $970 | $970 | $971 | $971 | $972 | $973 | |
Net Profit/Sales | 1.78% | 1.78% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.80% |
Pro Forma Cash Flow | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
Cash Received | |||||||||||||
Cash from Operations | |||||||||||||
Cash Sales | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | |
Subtotal Cash from Operations | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | |
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 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | $54,171 | |
Expenditures | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | |
Expenditures from Operations | |||||||||||||
Cash Spending | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | $10,867 | |
Bill Payments | $44,287 | $8,526 | $42,338 | $42,337 | $42,336 | $42,336 | $42,335 | $42,335 | $42,334 | $42,333 | $42,333 | $42,332 | |
Subtotal Spent on Operations | $55,154 | $19,393 | $53,204 | $53,204 | $53,203 | $53,202 | $53,202 | $53,201 | $53,201 | $53,200 | $53,200 | $53,199 | |
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 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,000 | $15,000 | |
Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,000 | $0 | |
Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Spent | $55,254 | $19,493 | $53,304 | $53,304 | $53,303 | $53,302 | $53,302 | $53,301 | $53,301 | $53,300 | $83,300 | $68,299 | |
Net Cash Flow | ($1,083) | $34,678 | $867 | $867 | $868 | $869 | $869 | $870 | $870 | $871 | ($29,129) | ($14,128) | |
Cash Balance | $42,599 | $77,277 | $78,144 | $79,011 | $79,879 | $80,748 | $81,617 | $82,487 | $83,357 | $84,228 | $55,099 | $40,971 |
Pro Forma Balance Sheet | |||||||||||||
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | ||
Assets | Starting Balances | ||||||||||||
Current Assets | |||||||||||||
Cash | $43,682 | $42,599 | $77,277 | $78,144 | $79,011 | $79,879 | $80,748 | $81,617 | $82,487 | $83,357 | $84,228 | $55,099 | $40,971 |
Inventory | $76,362 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 | $41,384 |
Other Current Assets | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $11,558 | $26,558 | $41,558 |
Total Current Assets | $131,602 | $95,541 | $130,219 | $131,086 | $131,953 | $132,821 | $133,690 | $134,559 | $135,429 | $136,299 | $137,170 | $123,041 | $123,913 |
Long-term Assets | |||||||||||||
Long-term Assets | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $56,820 | $71,820 | $71,820 |
Accumulated Depreciation | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
Total Long-term Assets | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $44,820 | $59,820 | $59,820 |
Total Assets | $176,422 | $140,361 | $175,039 | $175,906 | $176,773 | $177,641 | $178,510 | $179,379 | $180,249 | $181,119 | $181,990 | $182,861 | $183,733 |
Liabilities and Capital | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | |
Current Liabilities | |||||||||||||
Accounts Payable | $44,042 | $7,115 | $40,926 | $40,926 | $40,925 | $40,925 | $40,924 | $40,924 | $40,923 | $40,922 | $40,922 | $40,921 | $40,921 |
Current Borrowing | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 | $24,820 |
Other Current Liabilities | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 |
Subtotal Current Liabilities | $74,462 | $37,535 | $71,346 | $71,346 | $71,345 | $71,345 | $71,344 | $71,344 | $71,343 | $71,342 | $71,342 | $71,341 | $71,341 |
Long-term Liabilities | $30,761 | $30,661 | $30,561 | $30,461 | $30,361 | $30,261 | $30,161 | $30,061 | $29,961 | $29,861 | $29,761 | $29,661 | $29,561 |
Total Liabilities | $105,223 | $68,196 | $101,907 | $101,807 | $101,706 | $101,606 | $101,505 | $101,404 | $101,304 | $101,203 | $101,103 | $101,002 | $100,902 |
Paid-in Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Retained Earnings | ($8,801) | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 | $71,199 |
Earnings | $80,000 | $966 | $1,933 | $2,900 | $3,868 | $4,837 | $5,806 | $6,775 | $7,746 | $8,717 | $9,688 | $10,660 | $11,633 |
Total Capital | $71,199 | $72,165 | $73,132 | $74,099 | $75,067 | $76,036 | $77,005 | $77,975 | $78,945 | $79,916 | $80,887 | $81,859 | $82,832 |
Total Liabilities and Capital | $176,422 | $140,361 | $175,039 | $175,906 | $176,773 | $177,641 | $178,510 | $179,379 | $180,249 | $181,119 | $181,990 | $182,861 | $183,733 |
Net Worth | $71,199 | $72,165 | $73,132 | $74,099 | $75,067 | $76,036 | $77,005 | $77,975 | $78,945 | $79,916 | $80,887 | $81,859 | $82,832 |