YEAR 1 SALES $277,689.15 COG-FOOD $83,307 COG-SUPPLI
YEAR 1 SALES $277,689.15 COG-FOOD $83,307 COG-SUPPLI
PROFIT & LOSS
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
SALES
$277,689.15
$547,895.76
$607,393.80
$623,913.84
$650,304.14
COG-FOOD
$83,307
$164,369
$182,218
$187,174
$195,091
COG-SUPPLIES
$5,553.783
$10,958
$12,148
$12,478
$13,006
GROSS PROFIT
$188,829
$372,569
$413,028
$424,261
$442,207
OPERATING
EXPENSES
PAYROLL
$149,046
$153,518
$161,194
$169,254
$177,717
PAYROLL TAXES
$11,402
$11,744
$12,331
$12,948
$13,595
CREDIT CARD PROCESSING FEES
$6,665
$13,149
$14,577
$14,974
$15,607
RENT
$33,641
$35,323
$37,089
$38,944
$40,891
UTILITIES/ELECTRICITY
$13,200
$13,860
$14,553
$15,281
$16,045
INTERNET/CABLE
$3,000
$3,000
$3,000
$3,000
$3,000
LICENSES AND PERMITS
$1,500
$1,500
$1,500
$1,500
$1,500
REPAIRS AND MAINTENANCE
$6,000
$6,300
$6,615
$6,946
$7,292
INSURANCE
$9,543
$10,020
$10,521
$11,047
$11,600
LEGAL & PROFESSIONAL FEES
$4,500
$4,500
$4,500
$4,500
$2,315
MARKETING
$50,000
$50,000
$50,000
$40,000
$40,000
$288,497
$302,915
$315,881
$318,393
$329,562
NET
OPERATING INCOME BEFORE
TAXES AND OTHER EXPENSES
-$99,668
$69,655
$97,147
$105,869
$112,645
NON-OPERATING
EXPENSES
INTEREST EXPENSE
$0
$0
$0
$0
$0
DEPRECTIATION EXPENSE
$7,143
$7,143
$7,143
$7,143
$7,143
$7,143
$7,143
$7,143
$7,143
$7,143
NET INCOME BEFORE TAXES
-$106,811
$62,512
$90,004
$98,726
$105,502
TAXES
$0
$0
$0
$21,901
$22,543
NET PROFIT
-$106,811
$62,512
$90,004
$76,825
$82,960
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