Professional Documents
Culture Documents
Fund Usage
Long Term Capitalization
Leasehold Improvements
Equipment
Inventory
Prof Fees for design/inventory
Construction Management fee
Total Long Term
Amount
$0
$650,000
$236,250
$106,350
$0
$992,600
$
$
$
$
$
$
$
$
Overrun allowance
$
EQUITY $
TOTAL TO BE BORROWED $
Assumptions
Leasehold Improvements
Sales Floor square footage
Equipment psf
Inventory psf
Professional fees
Construction management fee
Pre-opening staffing - full cohort
Pre-opening staffing - general manager
Pre-opening staffing - admin managers
Start Up Promotion
Interest rate on Owner loans
% borrowed before opening
Months capital borrowed before opening
Operating capital
Other costs in lead up to construction
Overrun estimate
Membership Fee
Number of members
Number of indiv loans
Avg size of indiv loan
208616397.xlsx.ms_office
$
$
$
$
Fund Sources
Equity
Memberships
Grassroots Fundraising
Grants from local & regional foundations
City of GSO Econ Dev't Grant
Federal grants (USDA, SBA, Block grants)
Total Equity
Subordinated debt
50,000 5 Year Owner Loans @ 3%
92,116 10 Year Owner Loans @3%
18,390 CFGG Loan @2.5%
3,750 Total Subordinated Loans
30,000
15,000 Government loans
220,681 City of GSO Econ Dev't Loan (0%, 15 years)
429,937 Total Government Loans
Amount
$
$
$
$
$
$
75,000
25,918
260,000
100,000
200,000
660,918
$
$
$
$
100,000
100,000
50,000
250,000
$
$
600,000
600,000
125,000
125,000
975,000
35.00
67.5%
65.00
35.00
12%
1
5
2
0.5%
3.0%
100%
6
6%
15,000
15%
100
1,000
100
2,000
Data Source
S Reid/vanilla box
S Reid
S Reid
S Reid
S Reid
S Reid
S Reid
S Reid
months of wages
of first year sales
of year 1 sales
of start up costs
S Reid
calculated
S Reid
S Reid
S Reid
S Reid
Capital Requirements
1
November
4.29
$
$
$
Net Gross Profit $
2
December
4.43
3
January
4.43
4
February
4.00
5
March
4.43
6
April
4.29
Month of Start-up
7
May
4.43
8
June
4.29
9
July
4.43
10
August
4.43
11
September
4.29
12
October
4.43
197,802
139,846
5,024
52,932
$
$
$
$
238,462
168,592
6,057
63,812
$
$
$
$
272,527
192,677
6,922
72,928
$
$
$
$
276,923
195,785
7,034
74,105
$
$
$
$
340,659
240,846
8,653
91,160
$
$
$
$
329,670
233,077
8,374
88,220
$
$
$
$
340,659
240,846
8,653
91,160
$
$
$
$
329,670
233,077
8,374
88,220
$
$
$
$
340,659
240,846
8,653
91,160
$
$
$
$
340,659
240,846
8,653
91,160
$
$
$
$
329,670
233,077
8,374
88,220
$
$
$
$
340,659
240,846
8,653
91,160
Annual
12 months
52.14
$ 3,678,022
$ 2,600,362
$
93,422
$
984,239
% of Sales
100.00%
26.76%
Labor
Wages & Salary: Production Staff
Wages & Salary: Admin Staff
Payroll Taxes - Production employees
Payroll taxes - Admin employees
Workers Comp - Production employees
Workers Comp - Admin Employees
Benefits - FT production employees
Benefits - FT admin employees
Total Labor
$
$
$
$
$
$
$
$
$
27,587
12,804
2,938
1,364
690
128
3,000
1,250
49,759
$
$
$
$
$
$
$
$
$
32,307
13,230
3,441
1,409
808
132
3,000
1,250
55,577
$
$
$
$
$
$
$
$
$
36,108
13,230
3,845
1,409
903
132
3,000
1,250
59,878
$
$
$
$
$
$
$
$
$
34,330
11,950
3,656
1,273
858
120
3,000
1,250
56,437
$
$
$
$
$
$
$
$
$
38,008
13,230
4,048
1,409
950
132
3,000
1,250
62,028
$
$
$
$
$
$
$
$
$
36,782
12,804
3,917
1,364
920
128
3,000
1,250
60,164
$
$
$
$
$
$
$
$
$
38,008
13,230
4,048
1,409
950
132
3,000
1,250
62,028
$
$
$
$
$
$
$
$
$
36,782
12,804
3,917
1,364
920
128
3,000
1,250
60,164
$
$
$
$
$
$
$
$
$
38,008
13,230
4,048
1,409
950
132
3,000
1,250
62,028
$
$
$
$
$
$
$
$
$
38,008
13,230
4,048
1,409
950
132
3,000
1,250
62,028
$
$
$
$
$
$
$
$
$
36,782
12,804
3,917
1,364
920
128
3,000
1,250
60,164
$
$
$
$
$
$
$
$
$
38,008
13,230
4,048
1,409
950
132
3,000
1,250
62,028
$
$
$
$
$
$
$
$
$
430,719
155,777
45,872
16,590
10,768
1,558
36,000
15,000
712,283
11.71%
4.24%
1.25%
0.45%
0.29%
0.04%
0.98%
0.41%
19.37%
Variable expenses
Advertising
Repairs
Maintenance
Bad Debt/Bank Charges
Supplies
Credit Card Charges
Miscellaneous Expenses
Total Variable Expenses
$
$
$
$
$
$
$
$
2,631
198
593
396
2,176
2,534
593
9,121
$
$
$
$
$
$
$
$
3,172
238
715
477
2,623
3,055
715
10,995
$
$
$
$
$
$
$
$
3,625
273
818
545
2,998
3,491
818
12,566
$
$
$
$
$
$
$
$
3,683
277
831
554
3,046
3,547
831
12,769
$
$
$
$
$
$
$
$
4,531
341
1,022
681
3,747
4,364
1,022
15,708
$
$
$
$
$
$
$
$
4,385
330
989
659
3,626
4,223
989
15,201
$
$
$
$
$
$
$
$
4,531
341
1,022
681
3,747
4,364
1,022
15,708
$
$
$
$
$
$
$
$
4,385
330
989
659
3,626
4,223
989
15,201
$
$
$
$
$
$
$
$
4,531
341
1,022
681
3,747
4,364
1,022
15,708
$
$
$
$
$
$
$
$
4,531
341
1,022
681
3,747
4,364
1,022
15,708
$
$
$
$
$
$
$
$
4,385
330
989
659
3,626
4,223
989
15,201
$
$
$
$
$
$
$
$
4,531
341
1,022
681
3,747
4,364
1,022
15,708
$
$
$
$
$
$
$
$
48,918
3,678
11,034
7,356
40,458
47,115
11,034
169,594
1.33%
0.10%
0.30%
0.20%
1.10%
1.28%
0.30%
4.61%
9,167
750
2,000
150
100
80
100
250
1,307
5,860
150
300
250
100
250
400
21,214
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
2,500
150
100
80
100
250
1,301
5,860
150
300
250
100
250
400
21,707
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
2,500
150
100
80
100
250
1,294
5,860
150
300
250
100
250
400
21,701
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
2,200
150
100
80
100
250
1,287
5,860
150
300
250
100
250
400
21,394
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,500
150
100
80
100
250
1,281
5,860
150
300
250
100
250
400
20,687
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
800
150
100
80
100
250
1,274
5,860
150
300
250
100
250
400
19,981
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,200
150
100
80
100
250
1,267
5,860
150
300
250
100
250
400
20,374
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,500
150
100
80
100
250
1,261
5,860
150
300
250
100
250
400
20,667
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,500
150
100
80
100
250
1,254
5,860
150
300
250
100
250
400
20,660
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,500
150
100
80
100
250
1,247
5,860
150
300
250
100
250
400
20,653
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
800
150
100
80
100
250
1,240
5,860
150
300
250
100
250
400
19,946
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9,167
750
1,000
150
100
80
100
250
1,233
5,860
150
300
250
100
250
400
20,139
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
110,000
9,000
19,000
1,800
1,200
960
1,200
3,000
15,246
70,318
1,800
3,600
3,000
1,200
3,000
4,800
249,123
2.99%
0.24%
0.52%
0.05%
0.03%
0.03%
0.03%
0.08%
0.41%
1.91%
0.05%
0.10%
0.08%
0.03%
0.08%
0.13%
6.77%
80,094
88,280
94,144
90,599
98,423
95,346
98,110
96,032
98,396
98,389
95,312
97,875
$ 1,131,000
30.75%
Fixed expenses
Rent
$
Electric
$
HVAC
$
Phone
$
Water & Sewer
$
Pest Control
$
Commercial Trash Removal
$
Insurance - Inclusive (R&D & liability etc.) $
Interest on Debt
$
Depreciation
$
Accounting
$
Payroll Fees
$
Computer/Website Expense (hosting, email etc.)
$
Legal Expenses
$
Membership Fees etc.
$
Taxes & Licenses
$
Total Fixed Expenses $
TOTAL OPERATING COSTS $
Net Profit $
Income Taxes
208616397.xlsx.ms_office
(27,162) $
(24,467) $
(21,216) $
(16,495) $
(7,263) $
(7,126) $
(6,949) $
(7,812) $
(7,235) $
(7,229) $
(7,092) $
(6,715) $
$
(146,761)
-3.99%
Yr 1 Income Statement
208616397.xlsx.ms_office
$
25%
70.7%
2.54%
10.65%
0.025
0.01
$3,000
0.03
0.4
0.0675
20
10
0.4
1.33%
0.1%
0.3%
0.2%
1.1%
0.3%
$11.00
$10,000.00
23%
22%
20%
18%
18%
18%
18%
18%
18%
18%
18%
(146,761)
19%
0.00%
of wages
per FT employee/year
years
years
of sales
of sales
of sales
of sales
of sales
of sales
psf
square feet
Yr 1 Income Statement
$
$
$
Net Gross Profit $
3,678,022
2,600,362
93,422
984,239
Cumulative
$ 3,935,484 $ 4,210,967
$ 2,782,387 $ 2,977,154
$
99,961 $ 106,959
$ 1,053,135 $ 1,126,855
$ 4,505,735 $ 4,821,137
$ 3,185,555 $ 3,408,544
$ 114,446 $ 122,457
$ 1,205,735 $ 1,290,136
$ 21,151,344
$ 14,954,001
$
537,244
$ 5,660,100
% of sales
100.00%
70.70%
2.54%
26.76%
Labor
Wages & Salary: Production Staff
Wages & Salary: Admin Staff
Payroll Taxes - Production employees
Payroll taxes - Admin employees
Workers Comp - Production employees
Workers Comp - Admin Employees
Benefits - FT production employees
Benefits - FT admin employees
Total Labor
Variable expenses
Advertising
Repairs
Maintenance
Bad Debt/Bank Charges
Supplies
Credit Card Charges
Miscellaneous Expenses
$
$
$
$
$
$
$
$
$
430,719
155,777
45,872
16,590
10,768
1,558
36,000
15,000
712,283
$
$
$
$
$
$
$
$
$
452,255
160,450
48,165
17,088
11,091
1,605
37,080
15,450
743,184
$
$
$
$
$
$
$
$
$
452,255
165,264
50,573
17,601
11,424
1,653
38,192
15,914
752,875
$
$
$
$
$
$
$
$
$
452,255
170,221
53,102
18,129
11,766
1,702
39,338
16,391
762,905
$
$
$
$
$
$
$
$
$
452,255
175,328
55,757
18,672
12,119
1,753
40,518
16,883
773,286
$
$
$
$
$
$
$
$
$
2,239,738
827,040
253,469
88,080
57,169
8,270
191,129
79,637
3,744,532
10.59%
3.91%
1.20%
0.42%
0.27%
0.04%
0.90%
0.38%
17.70%
$
$
$
$
$
$
$
Total Variable Expenses $
48,918
3,678
11,034
7,356
40,458
47,115
11,034
169,594
$
$
$
$
$
$
$
$
50,385
3,788
11,365
7,577
41,672
48,529
11,365
174,681
$
$
$
$
$
$
$
$
51,897
3,902
11,706
7,804
42,922
49,985
11,706
179,922
$
$
$
$
$
$
$
$
53,454
4,019
12,057
8,038
44,210
51,484
12,057
185,319
$
$
$
$
$
$
$
$
55,057
4,140
12,419
8,279
45,536
53,029
12,419
190,879
$
$
$
$
$
$
$
$
259,711
19,527
58,581
39,054
214,798
250,142
58,581
900,395
1.23%
0.09%
0.28%
0.18%
1.02%
1.18%
0.28%
4.26%
110,000
9,000
19,000
1,800
1,200
960
1,200
3,000
15,246
70,318
1,800
3,600
3,000
1,200
3,000
4,800
249,123
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
113,300
9,270
19,570
1,854
1,236
989
1,236
3,090
15,083
70,318
1,854
3,708
3,090
1,236
3,090
4,944
253,867
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
116,699
9,548
20,157
1,910
1,273
1,018
1,273
3,183
13,814
70,318
1,910
3,819
3,183
1,273
3,183
5,092
257,653
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
120,200
9,835
20,762
1,967
1,311
1,049
1,311
3,278
12,475
70,318
1,967
3,934
3,278
1,311
3,278
5,245
261,519
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
123,806
10,130
21,385
2,026
1,351
1,080
1,351
3,377
11,060
70,318
2,026
4,052
3,377
1,351
3,377
5,402
265,466
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
584,005
47,782
100,874
9,556
6,371
5,097
6,371
15,927
67,678
351,588
9,556
19,113
15,927
6,371
15,927
25,484
1,287,628
2.76%
0.23%
0.48%
0.05%
0.03%
0.02%
0.03%
0.08%
0.32%
1.66%
0.05%
0.09%
0.08%
0.03%
0.08%
0.12%
6.09%
5,932,555
28.05%
Fixed expenses
Rent
Electric
HVAC
Phone
Water & Sewer
Pest Control
Commercial Trash Removal
Insurance - Inclusive (R&D & liability etc.)
Interest on Debt
Depreciation
Accounting
Payroll Fees
Computer/Website Expense (hosting, email etc.)
Legal Expenses
Membership Fees etc.
Taxes & Licenses
Total Fixed Expenses
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
208616397.xlsx.ms_office
(146,761) $
(118,597) $
(146,761) $
(118,597) $
(63,594) $
-
(63,594) $
(4,009) $
60,505 $
(272,456)
24,202 $
24,202
(4,009) $
36,303 $
(296,658)
-1.29%
2
$ 205,665
3
$ 195,211
4
$ 189,573
5
$ 188,852
Month of Start-up
6
7
$ 200,296 $ 211,363
8
$ 223,106
9
$ 233,473
10
$ 244,917
11
$ 256,360
12
$ 267,427
$ 197,802
$
Short-term Loan Proceeds
$
Long-Term Loan Proceeds
$
Equity Capital Proceeds
$
Total Souces $ 197,802
$ 238,462
$
$
$
$
$ 238,462
$ 272,527
$
$
$
$
$ 272,527
$ 276,923
$
$
$
$
$ 276,923
$ 340,659
$
$
$
$
$ 340,659
$ 329,670
$
$
$
$
$ 329,670
$ 340,659
$
$
$
$
$ 340,659
$ 329,670
$
$
$
$
$ 329,670
$ 340,659
$
$
$
$
$ 340,659
$ 340,659
$
$
$
$
$ 340,659
$ 329,670
$
$
$
$
$ 329,670
$ 340,659
$
$
$
$
$ 340,659
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$ 59,878
$ 199,599
$
9,167
$
3,500
$
180
$
250
$
1,294
$
800
$
650
$
$
$
$
2,848
$ 278,166
$
$ 278,166
$ 56,437
$ 202,818
$
9,167
$
3,200
$
180
$
250
$
1,287
$
800
$
650
$
$
$
$
2,855
$ 277,644
$
$ 277,644
$ 62,028
$ 249,499
$
9,167
$
2,500
$
180
$
250
$
1,281
$
800
$
650
$
$
$
$
2,861
$ 329,216
$
$ 329,216
$ 60,164
$ 241,451
$
9,167
$
1,800
$
180
$
250
$
1,274
$
800
$
650
$
$
$
$
2,868
$ 318,604
$
$ 318,604
$ 62,028
$ 249,499
$
9,167
$
2,200
$
180
$
250
$
1,267
$
800
$
650
$
$
$
$
2,875
$ 328,916
$
$ 328,916
$ 60,164
$ 241,451
$
9,167
$
2,500
$
180
$
250
$
1,261
$
800
$
650
$
$
$
$
2,882
$ 319,304
$
$ 319,304
$ 62,028
$ 249,499
$
9,167
$
2,500
$
180
$
250
$
1,254
$
800
$
650
$
$
$
$
2,889
$ 329,216
$
$ 329,216
$ 62,028
$ 249,499
$
9,167
$
2,500
$
180
$
250
$
1,247
$
800
$
650
$
$
$
$
2,895
$ 329,216
$
$ 329,216
$ 60,164
$ 241,451
$
9,167
$
1,800
$
180
$
250
$
1,240
$
800
$
650
$
$
$
$
2,902
$ 318,604
$
$ 318,604
$ 62,028
$ 249,499
$
9,167
$
2,000
$
180
$
250
$
1,233
$
800
$
650
$
$
$
$
2,909
$ 328,716
$
$ 328,716
$ 11,067
$ 211,363
$ 11,744
$ 223,106
$ 10,367
$ 233,473
$ 11,444
$ 244,917
$ 11,444
$ 256,360
$ 11,067
$ 267,427
$ 11,944
$ 279,371
Starting Cash
Sources
Cash Sales
Rental Income
Uses
$ 49,759
Cost of Goods Sold + Shrink
$ 144,870
Rent
$
9,167
Utilities
$
3,000
Pest Control & Trash
$
180
Insurance
$
250
Interest
$
1,307
Professional services
$
800
Other Fixed expenses
$
650
Purchase Depreciable Assets
$
Purchase Non-Depr. Assets
$
Dividends, Owner Pay-outs
$
Debt Principle Payments
$
2,835
Total Uses Before Taxes $ 212,819
Income Taxes
$
Total Uses After Taxes $ 212,819
Payroll & Related
208616397.xlsx.ms_office
55,577
174,649
9,167
3,500
180
250
1,301
800
650
2,841
248,915
248,915
$ (10,874) $ (6,311) $
-2.63
-1.52
(1,496) $
-0.36
220,681
279,371
361,149
502,153
707,050
Cash Sales
3,678,022
3,935,484
4,210,967
4,505,735
4,821,137
Rental Income
Starting Cash
Sources
Total Souces $
3,678,022
3,935,484
4,210,967
4,505,735
4,821,137
Uses
Payroll & Related
712,283
743,184
752,875
762,905
773,286
2,693,783
2,882,348
3,084,112
3,300,000
3,531,000
Rent
110,000
113,300
116,699
120,200
123,806
Utilties
31,000
31,930
32,888
33,875
34,891
2,160
2,225
2,292
2,360
2,431
Insurance
3,000
3,090
3,183
3,278
3,377
Interest
15,246
15,083
13,814
12,475
11,060
Professional Services
9,600
9,888
10,185
10,490
10,805
7,800
8,034
8,275
8,523
8,779
34,461
44,623
45,642
46,731
47,896
3,619,333
3,853,705
4,069,964
4,300,838
4,547,331
Income Taxes
3,619,333
58,689
279,371
208616397.xlsx.ms_office
24,202
4,523,129
3,853,705
4,069,964
4,300,838
81,779
141,003
204,897
298,007
361,149
502,153
707,050
1,005,057
108,395 $
2.18
141,485 $
2.37
200,459 $
3.37
264,104 $
4.46
356,964
6.05
Departments
Grocery
Frozen/Dairy
HABA/GM
Meat
Deli, Hot Foods & Catering
Seafood
Bakery
Produce
Cut Out
40.0%
16.0%
4.0%
18.0%
6.0%
5.0%
3.0%
8.0%
100.0%
Gross
Profit
Sales
$
$
$
$
$
$
$
$
$
28,292.48
11,316.99
2,829.25
12,731.61
4,243.87
3,536.56
2,121.94
5,658.50
70,731
24.0%
26.0%
30.0%
30.0%
40.0%
35.0%
40.0%
45.0%
29.3%
Shrink
$
$
$
$
$
$
$
$
$
6,790
2,942
849
3,819
1,698
1,238
849
2,546
20,731
1.0%
1.0%
5.0%
4.0%
6.0%
3.0%
5.0%
5.0%
2.540%
$
$
$
$
$
$
$
$
$
283
113
141
509
255
106
106
283
1,797
$
$
$
$
$
$
$
$
$
6,507
2,829
707
3,310
1,443
1,132
743
2,263
18,935
23.0%
25.0%
25.0%
26.0%
34.0%
32.0%
35.0%
40.0%
26.8%
Variable Expenses
Payroll taxes
Workers Comp
Employee benefits
Advertising
Repairs
Maintenance
Bad Debt/Bank Charges
Supplies
Credit Card Charges
Miscellaneous Expenses
Total Variable Expenses
$ 1,214
$ 190
$ 504
$ 1,023
$
77
$ 231
$ 154
$ 846
$ 985
$ 231
$ 5,455
1.72%
0.27%
0.71% starts 6 months in for full time employees =$2,000 per employee for full year
1.45%
0.11%
0.33%
0.22%
1.20%
1.39%
0.33%
7.71%
Fixed Expenses
Rent
Insurance
Depreciation
Pest & Trash
Electric, HVAC & Phone
Taxes & Licenses
Professional Fees
Security
Member Fees
Interest
Total Fixed Expenses
$ 2,115
$
58
$ 1,363
$
42
$ 601
$
93
$ 186
$
$
58
$ 295
$ 4,810
Total Expenses
$ 20,680
29.2%
$ (1,745)
-2.47%
0
$ (1,745)
Average
Rate
Payroll
2.5%
7.5%
6.0%
7.7%
16.3%
11.5%
23.6%
15.0%
7.3%
$
$
$
$
$
$
$
$
$
712
850
170
983
690
406
500
850
5,160
$
$
$
$
$
$
$
$
3.2% $
4.2% $
14.7% $
2,268
2,988
10,415
$
$
$
11.87
11.33
11.33
12.95
6.00
12.95
14.00
11.33
Hours
Assumed Sales
Weekly
60.00
75.00
15.00
75.90
115.00
31.35
35.70
75.00
285.00
142.50
910.45
3,678,022
70,731
Staff
full time
part time
$ 984,606.48
7.96
20.96
11.44
$
$
77.69
17
16
33
EMPLOYEE WORKSHEET
Wages Per
Hour
$10.50
$10.00
$10.00
1
2
3
$14.00
$10.00
1
2
3
$14.00
$10.00
1
2
3
$14.00
$10.00
1
3
4
$18.00
$10.00
1
2
1
4
$14.00
$10.00
$10.00
$14.00
37.5
$525
$2,275
$27,300
1
2
3
$10.00
$10.00
35
20
$350
$400
$1,517
$1,733
$18,200
$20,800
1
0
1
$10.00
$10.00
28
12
16
Administrative Employees
Wellness & Community Mgr
Manager
Assistant Manager
Office Assistant/Bookkeeper
Total Managers
Total Admin Employees
Total F/T Staff
Total P/T Staff
TOTAL STAFF
1
1
1
1
4
3
17
16
33
208616397.xlsx.ms_office
Hours Per
Week
35
30
20
Total/Week
$368
$600
$800
Total Per
Month
$1,593
$2,600
$3,467
Total Per
Total
Year
Hours/Dept
$19,110
$41,600
175.00
35
20
$490
$400
$2,123
$1,733
$25,480
$20,800
75.00
35
20
$490
$400
$2,123
$1,733
$25,480
$20,800
75.00
35
20
$490
$400
$2,123
$1,733
$25,480
$20,800
75.00
35
20
$630
$600
$2,730
$2,600
$32,760
$31,200
95.00
35
30
20
$490
$600
$200
$2,123
$2,600
$867
$25,480
$31,200
$10,400
115.00
37.50
75.00
35
20
$350
$0
$1,517
$0
$18,200
$0
35.00
$15.00
$33.00
$20.00
$15.00
35
37.5
35
35
$8,583
$37,191
$415,090
757.50
$525
$1,238
$700
$525
$2,275
$5,363
$3,033
$2,275
$27,300
$64,350
$36,400
$27,300
$2,988
$12,946
$128,050
142.50
$11,570
$50,137
$543,140
900.00
72.50
Employee Worksheet
DEBT SERVICE
Month of Operation
Month Name
1
Nov
2
Dec
3
Jan
4
Feb
5
Mar
9
Jul
10
Aug
11
Sep
12
Oct
Annual
$
703 $
697 $
690 $
683 $
677 $
670 $
663 $
656 $
650 $
643 $
636 $
629 $ 7,996
$ 1,168 $ 1,175 $ 1,181 $ 1,188 $ 1,195 $ 1,201 $ 1,208 $ 1,215 $ 1,222 $ 1,229 $ 1,236 $ 1,243 $ 14,461
$
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $ 3,000
$ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 1,667 $ 20,000
$
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $
250 $ 3,000
$
$
$
$
$
$
$
$
$
$
$
$
$
$
104 $
104 $
104 $
104 $
104 $
104 $
104 $
104 $
104 $
104 $
104 $
104 $ 1,250
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
-
Monthly interest
Monthly principal
$ 1,307 $ 1,301 $ 1,294 $ 1,287 $ 1,281 $ 1,274 $ 1,267 $ 1,261 $ 1,254 $ 1,247 $ 1,240 $ 1,233 $ 15,246
$ 2,835 $ 2,841 $ 2,848 $ 2,855 $ 2,861 $ 2,868 $ 2,875 $ 2,882 $ 2,889 $ 2,895 $ 2,902 $ 2,909 $ 34,461
Year 1
$7,996
$14,461
$ 3,000
$ 20,000
$ 3,000
$0
$ 1,250
$0
$0
$0
Year 2
$7,833
$14,623
$ 3,000
$ 20,000
$ 3,000
$0
$ 1,250
$10,000
$0
$0
Year 3
$6,814
$15,642
$ 3,000
$ 20,000
$ 3,000
$0
$1,000
$10,000
$0
$0
Year 4
$5,725
$16,731
$ 3,000
$ 20,000
$ 3,000
$0
$750
$10,000
$0
$0
Annual Interest
Annual Principal
$15,246
$34,461
$15,083
$44,623
$13,814
$45,642
$12,475
$46,731
$11,060
$47,896
$6,564
$49,142
$4,981
$40,475
$3,000
$20,000
$3,000
$20,000
$3,000
$20,000
$0
$60,000
$0
$60,000
$0
$60,000
$0
$60,000
$0
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
$49,706
$59,706
$59,456
$59,206
$58,956
$55,706
$45,456
$23,000
$23,000
$23,000
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
$60,000
208616397.xlsx.ms_office
Debt Service
$125,000
6.750%
7
2014
November
Key Figures
Annual loan payments
Monthly payments
Interest in first calendar year
Interest over term of loan
Sum of all payments
$22,456.20
$1,871.35
$1,399.68
$32,193.40
$157,193.40
2015
Month
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Beginning
Cumulative Cumulative
Payment
Principal
Interest
Ending Balance
Balance
Principal
Interest
$125,000.00
$1,871.35
$1,168.22
$703.13
$1,168.22
$703.13
$123,831.78
$123,831.78
$1,871.35
$1,174.80
$696.55
$2,343.02
$1,399.68
$122,656.98
$122,656.98
$1,871.35
$1,181.40
$689.95
$3,524.42
$2,089.63
$121,475.58
$121,475.58
$1,871.35
$1,188.05
$683.30
$4,712.47
$2,772.93
$120,287.53
$120,287.53
$1,871.35
$1,194.73
$676.62
$5,907.20
$3,449.55
$119,092.80
$119,092.80
$1,871.35
$1,201.45
$669.90
$7,108.65
$4,119.45
$117,891.35
$117,891.35
$1,871.35
$1,208.21
$663.14
$8,316.86
$4,782.59
$116,683.14
$116,683.14
$1,871.35
$1,215.01
$656.34
$9,531.87
$5,438.93
$115,468.13
$115,468.13
$1,871.35
$1,221.84
$649.51
$10,753.71
$6,088.44
$114,246.29
$114,246.29
$1,871.35
$1,228.71
$642.64
$11,982.42
$6,731.08
$113,017.58
$113,017.58
$1,871.35
$1,235.63
$635.72
$13,218.05
$7,366.80
$111,781.95
$111,781.95
$1,871.35
$1,242.58
$628.77
$14,460.63
$7,995.57
$110,539.37
Beginning
Cumulative Cumulative Ending
Payment
Principal
Interest
Balance
Principal
Interest
Balance
$122,656.98
$22,456.20
$14,623.45
$7,832.75
$16,966.47
$9,232.43
$108,033.53
$108,033.53
$22,456.20
$15,641.98
$6,814.22
$32,608.45
$16,046.65
$92,391.55
$92,391.55
$22,456.20
$16,731.10
$5,725.10
$49,339.55
$21,771.75
$75,660.45
$75,660.45
$22,456.20
$17,896.05
$4,560.15
$67,235.60
$26,331.90
$57,764.40
$57,764.40
$22,456.20
$19,142.12
$3,314.08
$86,377.72
$29,645.98
$38,622.28
$38,622.28
$22,456.20
$20,474.94
$1,981.26
$106,852.66
$31,627.24
$18,147.34
$18,147.34
$18,713.50
$18,147.34
$566.16
$125,000.00
$32,193.40
$0.00
208616397.xlsx.ms_office
REVENUE MODEL
Gross Revenue
Month
Number of Weeks
Sales
Assumptions
Annual Sales asmp
Weekly Sales at capacity
1st Month % capacity
2nd Month % capacity
3rd Month % capacity
4th Month % capacity
5th Month % capacity
Projected sales psf
Store square Footage
208616397.xlsx.ms_office
November
December
January
February
March
4.43
$272,527
4.00
$276,923
4.29
$197,802
4.43
$238,462
4.43
$340,659
April
4.29
$329,670
May
4.43
$340,659
10
11
12
June
July
August
September
October
4.29
$329,670
4.43
$340,659
4.43
$340,659
4.29
$329,670
Total
4.43
52.14
$340,659 $3,678,022
4,000,000
$76,923
60%
70%
80%
90%
100%
$400
10,000
Revenue Model
Capital
Equipment
$106,350
$650,000
Over # of
years
20
10
Months/year # of months
12
240
12
120
Monthly
Depreciation
$443.13
$5,416.67
$5,859.79
Depreciation Calculator
Depreciation Calculator
Mortgage Amortization
Inputs
Loan principal amount
Blended annual interest rate
Loan period in years
Base year of loan
Base month of loan
$100,000
3.000%
5
2014
June
Key Figures
Annual loan payments
Monthly payments
Interest in first calendar year
Interest over term of loan
Sum of all payments
$21,562.44
$1,796.87
$1,668.45
$7,812.20
$107,812.20
2015
Month
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Beginning
Cumulative Cumulative
Payment
Principal
Interest
Ending Balance
Balance
Principal
Interest
$100,000.00
$1,796.87
$1,546.87
$250.00
$1,546.87
$250.00
$98,453.13
$98,453.13
$1,796.87
$1,550.74
$246.13
$3,097.61
$496.13
$96,902.39
$96,902.39
$1,796.87
$1,554.61
$242.26
$4,652.22
$738.39
$95,347.78
$95,347.78
$1,796.87
$1,558.50
$238.37
$6,210.72
$976.76
$93,789.28
$93,789.28
$1,796.87
$1,562.40
$234.47
$7,773.12
$1,211.23
$92,226.88
$92,226.88
$1,796.87
$1,566.30
$230.57
$9,339.42
$1,441.80
$90,660.58
$90,660.58
$1,796.87
$1,570.22
$226.65
$10,909.64
$1,668.45
$89,090.36
$89,090.36
$1,796.87
$1,574.14
$222.73
$12,483.78
$1,891.18
$87,516.22
$87,516.22
$1,796.87
$1,578.08
$218.79
$14,061.86
$2,109.97
$85,938.14
$85,938.14
$1,796.87
$1,582.02
$214.85
$15,643.88
$2,324.82
$84,356.12
$84,356.12
$1,796.87
$1,585.98
$210.89
$17,229.86
$2,535.71
$82,770.14
$82,770.14
$1,796.87
$1,589.94
$206.93
$18,819.80
$2,742.64
$81,180.20
Beginning
Cumulative Cumulative Ending
Payment
Principal
Interest
Balance
Principal
Interest
Balance
$89,090.36
$21,562.44
$19,151.59
$2,410.85
$30,061.23
$4,079.30
$69,938.77
$69,938.77
$21,562.44
$19,734.15
$1,828.29
$49,795.38
$5,907.59
$50,204.62
$50,204.62
$21,562.44
$20,334.39
$1,228.05
$70,129.77
$7,135.64
$29,870.23
$29,870.23
$21,562.44
$20,952.88
$609.56
$91,082.64
$7,745.21
$8,917.36
$8,917.36
$8,984.35
$8,917.36
$66.99
$100,000.00
$7,812.20
$0.00
Mortgage Amortization
Inputs
Loan principal amount
Blended annual interest rate
Loan period in years
Base year of loan
Base month of loan
$100,000
4.000%
5
2019
June
Key Figures
Annual loan payments
Monthly payments
Interest in first calendar year
Interest over term of loan
Sum of all payments
$22,099.80
$1,841.65
$2,227.16
$10,499.00
$110,499.00
2020
Month
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Beginning
Cumulative Cumulative
Payment
Principal
Interest
Ending Balance
Balance
Principal
Interest
$100,000.00
$1,841.65
$1,508.32
$333.33
$1,508.32
$333.33
$98,491.68
$98,491.68
$1,841.65
$1,513.34
$328.31
$3,021.66
$661.64
$96,978.34
$96,978.34
$1,841.65
$1,518.39
$323.26
$4,540.05
$984.90
$95,459.95
$95,459.95
$1,841.65
$1,523.45
$318.20
$6,063.50
$1,303.10
$93,936.50
$93,936.50
$1,841.65
$1,528.53
$313.12
$7,592.03
$1,616.22
$92,407.97
$92,407.97
$1,841.65
$1,533.62
$308.03
$9,125.65
$1,924.25
$90,874.35
$90,874.35
$1,841.65
$1,538.74
$302.91
$10,664.39
$2,227.16
$89,335.61
$89,335.61
$1,841.65
$1,543.86
$297.79
$12,208.25
$2,524.95
$87,791.75
$87,791.75
$1,841.65
$1,549.01
$292.64
$13,757.26
$2,817.59
$86,242.74
$86,242.74
$1,841.65
$1,554.17
$287.48
$15,311.43
$3,105.07
$84,688.57
$84,688.57
$1,841.65
$1,559.35
$282.30
$16,870.78
$3,387.37
$83,129.22
$83,129.22
$1,841.65
$1,564.55
$277.10
$18,435.33
$3,664.47
$81,564.67
Beginning
Cumulative Cumulative Ending
Payment
Principal
Interest
Balance
Principal
Interest
Balance
$89,335.61
$22,099.80
$18,869.95
$3,229.85
$29,534.34
$5,457.01
$70,465.66
$70,465.66
$22,099.80
$19,638.62
$2,461.18
$49,172.96
$7,918.19
$50,827.04
$50,827.04
$22,099.80
$20,438.73
$1,661.07
$69,611.69
$9,579.26
$30,388.31
$30,388.31
$22,099.80
$21,271.43
$828.37
$90,883.12
$10,407.63
$9,116.88
$9,116.88
$9,208.25
$9,116.88
$91.37
$100,000.00
$10,499.00
$0.00
Mortgage Amortization
Inputs
Loan principal amount
Blended annual interest rate
Loan period in years
Base year of loan
Base month of loan
$600,000
0.000%
7
2021
January
Key Figures
Annual loan payments
Monthly payments
Interest in first calendar year
Interest over term of loan
Sum of all payments
$85,714.32
$7,142.86
$0.00
$0.24
$600,000.24
Month
2021
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Beginning
Cumulative Cumulative
Payment
Principal
Interest
Ending Balance
Balance
Principal
Interest
$600,000.00
$7,142.86
$7,142.86
$0.00
$7,142.86
$0.00
$592,857.14
$592,857.14
$7,142.86
$7,142.86
$0.00
$14,285.72
$0.00
$585,714.28
$585,714.28
$7,142.86
$7,142.86
$0.00
$21,428.58
$0.00
$578,571.42
$578,571.42
$7,142.86
$7,142.86
$0.00
$28,571.44
$0.00
$571,428.56
$571,428.56
$7,142.86
$7,142.86
$0.00
$35,714.30
$0.00
$564,285.70
$564,285.70
$7,142.86
$7,142.86
$0.00
$42,857.16
$0.00
$557,142.84
$557,142.84
$7,142.86
$7,142.86
$0.00
$50,000.02
$0.00
$549,999.98
$549,999.98
$7,142.86
$7,142.86
$0.00
$57,142.88
$0.00
$542,857.12
$542,857.12
$7,142.86
$7,142.86
$0.00
$64,285.74
$0.00
$535,714.26
$535,714.26
$7,142.86
$7,142.86
$0.00
$71,428.60
$0.00
$528,571.40
$528,571.40
$7,142.86
$7,142.86
$0.00
$78,571.46
$0.00
$521,428.54
$521,428.54
$7,142.86
$7,142.86
$0.00
$85,714.32
$0.00
$514,285.68
Beginning
Cumulative Cumulative Ending
Payment
Principal
Interest
Balance
Principal
Interest
Balance
$514,285.68
$85,714.32
$85,714.08
$0.24
$171,428.40
$0.24
$428,571.60
$428,571.60
$85,714.32
$85,714.32
$0.00
$257,142.72
$0.24
$342,857.28
$342,857.28
$85,714.32
$85,714.32
$0.00
$342,857.04
$0.24
$257,142.96
$257,142.96
$85,714.32
$85,714.32
$0.00
$428,571.36
$0.24
$171,428.64
$171,428.64
$85,714.32
$85,714.32
$0.00
$514,285.68
$0.24
$85,714.32
$85,714.32
$85,714.32
$85,714.32
$0.00
$600,000.00
$0.24
$0.00