income statement jamaica1

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School

Brigham Young University, Idaho *

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Course

210

Subject

Business

Date

May 6, 2024

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pdf

Pages

1

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Income Statement for Jamiacan Family 1.05 Industry Growth 5% Year 1 Year 2 Year 3 Year 4 Year 5 Revenues: 5,700,000.00 $ 5,985,000.00 $ 6,284,250.00 $ 6,598,462.50 $ 6,928,385.63 $ Gross Sales Expenses: Business Construction Costs 425,000.00 $ 446,250.00 $ 468,562.50 $ 491,990.63 $ 516,590.16 $ Equipment, Signage, Décor 216,000.00 $ 226,800.00 $ 238,140.00 $ 250,047.00 $ 262,549.35 $ Site Work 100,000.00 $ 105,000.00 $ 110,250.00 $ 115,762.50 $ 121,550.63 $ Misc. permits, Utility Deposits, Licenses, Agricultural Costs 50,000.00 $ 52,500.00 $ 55,125.00 $ 57,881.25 $ 60,775.31 $ Initial Franchise Fee 45,000.00 $ 47,250.00 $ 49,612.50 $ 52,093.13 $ 54,697.78 $ Real Estate 2,000,000.00 $ 2,100,000.00 $ 2,205,000.00 $ 2,315,250.00 $ 2,431,012.50 $ Grand Opening Expense 5,000.00 $ 5,250.00 $ 5,512.50 $ 5,788.13 $ 6,077.53 $ Start-up inventory 10,000.00 $ 10,500.00 $ 11,025.00 $ 11,576.25 $ 12,155.06 $ Initial training Expenses 3,900.00 $ 4,095.00 $ 4,299.75 $ 4,514.74 $ 4,740.47 $ Misc. Opening costs 5,000.00 $ 5,250.00 $ 5,512.50 $ 5,788.13 $ 6,077.53 $ Total 2,859,900.00 $ 3,002,895.00 $ 3,153,039.75 $ 3,310,691.74 $ 3,476,226.32 $ Profit 2,840,100.00 $ 2,982,105.00 $ 3,131,210.25 $ 3,287,770.76 $ 3,452,159.30 $ 1: How many meals to break even? 365,000 2: What are expected profits for the first year? 2,982,105.00 $ 3: What assumptions do I have? I think this business can do really well if they stick to it and keep it growing. If they can increase their 5% to 8% that would be great
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