PROJECT CAF SECS

FINAL PROJECT REPORT

NAME:TASFIA ANIKA CHOUDHURY ID:0910024 COURSE ID: ECR433 DATE: 12TH APRIL 2012

PROJECT CAF SECS

Introduction
Cyber cafes and restaurants are two of the most the popular and profitable business in Bangladesh. Either you believe in the concept that you live to eat or you might eat to live a food zone covers both. And living in the era of new technologies, multimedia and above all internet cyber cafes can never be a unprofitable business in country like ours. The fact that makes both business

attractive is that each can be set up easily. When both comes combined and unlimited offers with more attractive sections we call it CAF SECS

About CAF SECS

CAFE SECS is caf designed only for the students of secs. That is this can be a restaurant as well as a multimedia and community caf where there will be four different sections offered for secs students and one choose one or all according to there tastes. The details of the project are described in the following sections:

Project Description
Objective:
The primary objective of this report is to facilitate with the a small description of the cafe and a quick view on the financial aspects of the project for a period of ten years. FOODIES: Foodies is basically a food zone designed to for food lovers. The zone offers the students a wide range of tasty and healthy food which has become a quite rare combinations now a days. Although the menu reflects the tastes of teenagers, it is strictly maintained that the price range does not cross their limits of pocket money, while designing the menu. So now you will have yummy food and it will be with in our reach. Most importantly suggestions

are thoroughly encouraged so that we can make our foodies more desirable and affordable for our students. COMMO BUZZ: After hectic classes then food its time for some fun chats and gossips with friends then commo buzz is the right place. Commo buzz is a multimedia caf where students have access to facilities like computers, internet, TV etc. Now with there classmates around students can also communicate with the world outside the four walls of the university. And if some one is not a net or multimedia person then just can grab a chair and be a part of a chat with friends where things might get much bigger then just being a part of gossip.

OLD IS GOLD: This stationary section. The students can buy these items from any where so why old is gold and why it is called so? The section is different in the sense a wide a range of products are offered here which iubians will not find elsewhere. The shop offers students various type of materials from the past semesters. Students have exchange offers here they can have better things with no money but with old products. GEEKS AND NERD: All is done ,time for some studies .Group studies is something which is one of the best part of a student life. This is where one can share and solve problem while discussing with classmates . Students can learn how to communicate and how to work jointly in a team. This not helps to excel in educational life but also enhances experience which helps in increasing mental growth and expands knowledge in various sectors. Geeks and nerds is a study area where students are away from all the chaos and

sounds of the world and can study in peace to drive there life towards a better tomorrow.

Project Financials
Major components of this project and the cost of the components are given below:

Rent for premises in advance

TK 6,00,000 LAC

Kitchen equipments

TK 1,247,500LAC

Multimedia and stationery

TK 650,000LAC

FUNDING
4 Decoration costs TK 797,500 LAC

Furniture, Fixtures and Equipments

TK 3,60,000 LAC

Pre-operating Expenses

TK 3,45,000 LAC

TOTAL=TK 4000000 LAC

DEPRICIATIONS OF EQUPIMENTS AND MACHINARIES BY STRAIGHT LINE METHOD

N = Depreciable life of the year B = Cost basis SVn = Salvage value Number of life time for this project= 10 years dk = (B - SVn)/N

NUMBER OF YEARS

DEPRICIATION

BOOK VALUE

0 1 2 3 4 5 6 7 8 9 10

0000 340000 340000 340000 340000 340000 340000 340000 340000 340000 340000

3400000 3060000 2720000 2380000 2040000 1700000 1360000 1020000 680000. 340000 000000

Details Sales Space Rent Net Revenue

Monthly(TK/LAC) 10,00,000 2,00,000 8,00,000

Annually(TK/LAC)
1,200,0000 2,400,000 9,600,000

YEARLY PROJECTION FOR REVENUE EXPENSES AND INCOME

Raw materials Labor Marketing expenses Salaries Other financial expenses Operating profit before tax

(1,90,000) (10000) (50.000) (50,000) (50,000) 450,000

(2,280,000) (1,20,000) (6,00,000) 600,000 (6,00,000) 5,400,000

Calculations: Now to calculate the present worth, annual worth and future worth of the industry as for 10 years at 10% per annum.

Set up cost= TK 40,00,000LAC Profit before tax: TK5,400,000 LAC Interest rate: 10% Project life: 10 years Present Worth (PW) = 5,400,000 (P/A,i%,n)+ =5,400,000*(6.1446)= =TK33,180840 (without capital investment)

=TK 335,580,840(with capital investment)

Taxable Income Over

Not Over

Tax Rate

So weve seen that PW is greater than>0.Thus we can say that, our Project is feasible. Our future worth(FW)=P(F/P,i%,n) =33,180,840*(2.5937) =TK 86,061,144.71 Cash Flow: TK 86,061,144.71 (Future Worth) 0 1 2 3 4 5 6 7 8 9 10

5,400,000TK (Annual Worth) 40,00,00 TK (Capital investment)

Tax:

0 50,000 75,000 1,00,000 3,35,000 10,000,000 1,50,00,000 1,83,33,333

1st 50000tk 25% on next 25000 34% on next 25000 39% on next 235000 34% on remaining

50,000 75,000 1,00,000 3,35,000 1,00,00,000 1,50,00,000 1,83,33,333 ..

7500 6250 8500 91650 1,797,274

15% 25% 34% 39% 34% 35% 38% 35%

Profit after tax= 5400000- 1,797,274=TK.3,602,726

Conclusion
CAF SESCS is more than just being a project of gain or loss. It is project designed to create a community for the students of SECS. So suggestions are always more than welcome . We always

appreciate success but are more interested in positive criticism so that we can make a more better place for the SESCS students. iT is caf only and only for the secs students to bring then closer. It is dream to build a community of leaders.