Brushy Mountain Retreat
Company Summary
Set in Connecticut’s beautiful Brushy Mountains, Brushy Mountain Retreat’s new site sits among 16 wooded acres overlooking Johnson Ridge. The retreat offers women programs that lead to permanent solutions to struggles with weight, eating, body image and fitness, as well as programs for successful management of adult-onset or Type II diabetes.
More than just another weight loss spa, health resort or diet program, Brushy Mountain Retreat offers a practical, livable healthy lifestyle approach where women have discovered how to lose weight and keep it off.
2.1 Company History
Brushy Mountain Retreat began one summer when founder Judith Cabot took over an empty dorm at Connecticut’s Johnson Mountain College. Brushy Mountain Retreat operated as a summer program through its first years, but as its popularity grew by word of mouth, the program evolved and became year round. The retreat offered a series of intensive one-week workshops introducing women to the fundamentals of a building a long-term weight management and healthy lifestyle. Enrollment was limited to eight women during a workshop period.
Since then, Brushy Mountain Retreat has expanded rapidly into a program of four sequential one-week workshops. These workshops can either be taken separately or in blocks. The program session enrollment limit has more than doubled during this time period. Most importantly, the retreat now has a six month waiting list.
| Past Performance | |||
| 1999 | 2000 | 2001 | |
| Sales | $960,000 | $1,104,000 | $1,200,600 |
| Gross Margin | $912,000 | $1,048,800 | $1,140,570 |
| Gross Margin % | 95.00% | 95.00% | 95.00% |
| Operating Expenses | $500,000 | $600,000 | $700,000 |
| Balance Sheet | |||
| 1999 | 2000 | 2001 | |
| Current Assets | |||
| Cash | $40,000 | $60,000 | $80,000 |
| Other Current Assets | $10,000 | $30,000 | $50,000 |
| Total Current Assets | $50,000 | $90,000 | $130,000 |
| Long-term Assets | |||
| Long-term Assets | $80,000 | $150,000 | $200,000 |
| Accumulated Depreciation | $10,000 | $20,000 | $30,000 |
| Total Long-term Assets | $70,000 | $130,000 | $170,000 |
| Total Assets | $120,000 | $220,000 | $300,000 |
| Current Liabilities | |||
| Accounts Payable | $40,000 | $60,000 | $60,000 |
| Current Borrowing | $0 | $0 | $0 |
| Other Current Liabilities (interest free) | $0 | $0 | $0 |
| Total Current Liabilities | $40,000 | $60,000 | $60,000 |
| Long-term Liabilities | $50,000 | $80,000 | $150,000 |
| Total Liabilities | $90,000 | $140,000 | $210,000 |
| Paid-in Capital | $0 | $0 | $0 |
| Retained Earnings | $30,000 | $80,000 | $90,000 |
| Earnings | $0 | $0 | $0 |
| Total Capital | $30,000 | $80,000 | $90,000 |
| Total Capital and Liabilities | $120,000 | $220,000 | $300,000 |
| Other Inputs | |||
| Payment Days | 0 | 0 | 0 |
2.2 Company Ownership
Brushy Mountain Retreat is owned by Judith Cabot.
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