2006

2007

2008

2009

Sales
Deli
Dairy
Canned Good
Frozen Food
Meats
Produce
DryGoods
Video Sales
Total Sales

$240,000.00
$720,000.00
$480,000.00
$800,000.00
$840,000.000
$500,000.00
$360,000.00
$60,000.00
$4,000,000.00

$257,400.00
$772,200.00
$514,800.00
$858,000.00
$900,900.000
$536,250.00
$386,100.00
$64,350.00
$4,290,000.00

$258,600.00
$775,800.00
$517,200.00
$862,000.00
$905,100.000
$538,750.00
$387,900.00
$64,650.00
$4,310,000.00

$259,800.00
$779,400.00
$519,600.00
$866,000.00
$909,300.000
$541,250.00
$389,700.00
$64,950.00
$4,330,000.00

Cost of Goods Sold

Deli
Dairy
Canned Goods
Frozen Foods
Meats
Produce
DryGoods
Video Sales
Total Cost ofGoods Sold
Gross Profit

$120,000.00
$360,000.00
$360,000.00
$520,000.00
$420,000.000
$325,000.00
$237,600.00
$18,000.00
$2,360,600.00
$1,639,400.00

$128,700.00
$386,100.00
$386,100.00
$557,700.00
$450,450.000
$348,562.50
$254,826.00
$19,305.00
$2,531,743.50
$1,758,256.50

$129,300.00
$387,900.00
$387,900.00
$560,300.00
$452,550.000
$350,187.50
$256,014.00
$19,395.00
$2,543,546.50
$1,766,453.50

$129,900.00
$389,700.00
$389,700.00
$562,900.00
$454,650.000
$351,812.50
$257,202.00
$19,485.00
$2,555,349.50
$1,774,650.50

Operating Expenses
Sales and Marketing
General and Administrative
Depreciation
Wages
Manager
Assistant Manager
Employee Hourly Wage

$220,000.000
$235,950.000
$350,000.0000 $375,375.0000
$20,000
$20,000
0
0
$55,000
$55,000
$40,000
$40,000
$408,000.00
$408,000.00

$237,050.000
$377,125.0000
$20,000
0
$55,000
$40,000
$408,000.00

$238,150.000
$378,875.0000
$20,000
0
$55,000
$40,000
$408,000.00

Common Costs
Total Operating Expenses

$245,910.00
$1,338,910.000

$263,738.48
$1,398,063.475

$264,968.03
$1,402,143.025

$266,197.58
$1,406,222.575

$300,490.00
$105,171.50
$195,318.50

$360,193.03
$126,067.56
$234,125.47

$364,310.48
$127,508.67
$236,801.81

$368,427.93
$128,949.77
$239,478.15

Income Before Taxes

Income Taxes
Net Income

Maxi's Food Mart

ProForma Income Statement

$1,000,000.00
$900,000.00
$800,000.00
$700,000.00
$600,000.00
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
$0.00

Series1
Series2
Series3
Series4

Series1
Series2
Series3
Series4

2006

2007

2008

Sales
Deli
Dairy
Canned Good
Frozen Food
Meats
Produce
DryGoods
Video Sales
Total Sales

$240,000.00
$720,000.00
$480,000.00
$800,000.00
$840,000.000
$500,000.00
$360,000.00
$60,000.00
$4,000,000.00

$261,600.00
$784,800.00
$523,200.00
$872,000.00
$915,600.000
$545,000.00
$392,400.00
$65,400.00
$4,360,000.00

$262,800.00
$788,400.00
$525,600.00
$876,000.00
$919,800.000
$547,500.00
$394,200.00
$65,700.00
$4,380,000.00

Cost of Goods Sold

Deli
Dairy
Canned Goods
Frozen Foods
Meats
Produce
DryGoods
Video Sales
Total Cost ofGoods Sold
Gross Profit

$120,000.00
$360,000.00
$360,000.00
$520,000.00
$420,000.000
$325,000.00
$237,600.00
$18,000.00
$2,360,600.00
$1,639,400.00

$130,800.00
$392,400.00
$392,400.00
$566,800.00
$457,800.000
$354,250.00
$258,984.00
$19,620.00
$2,573,054.00
$1,786,946.00

$131,400.00
$394,200.00
$394,200.00
$569,400.00
$459,900.000
$355,875.00
$260,172.00
$19,710.00
$2,584,857.00
$1,795,143.00

Operating Expenses
Sales and Marketing
General and Administrative
Depreciation
Wages
Manager
Assistant Manager
Employee Hourly Wage

$220,000.000
$350,000.0000
$20,000
0
$55,000
$40,000
$408,000.00

$239,800.000
$381,500.0000
$20,000
0
$55,000
$40,000
$408,000.00

$240,900.000
$383,250.0000
$20,000
0
$55,000
$40,000
$408,000.00

Common Costs
Total Operating Expenses

$245,910.00
$1,338,910.000

$268,041.90
$1,412,341.900

$269,271.45
$1,416,421.450

$300,490.00
$105,171.50
$195,318.50

$374,604.10
$131,111.44
$243,492.67

$378,721.55
$132,552.54
$246,169.01

Income Before Taxes

Income Taxes
Net Income

2009
$264,000.00
$792,000.00
$528,000.00
$880,000.00
$924,000.000
$550,000.00
$396,000.00
$66,000.00
$4,400,000.00

$132,000.00
$396,000.00
$396,000.00
$572,000.00
$462,000.000
$357,500.00
$261,360.00
$19,800.00
$2,596,660.00
$1,803,340.00

$242,000.000
$385,000.0000
$20,000
0
$55,000
$40,000
$408,000.00
$270,501.00
$1,420,501.000
$382,839.00
$133,993.65
$248,845.35

$1,000,000.00
$900,000.00
$800,000.00
$700,000.00
$600,000.00
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
$0.00

Series1
Series2
Series3
Series4

2006

2007

2008

Sales
Deli
Dairy
Canned Good
Frozen Food
Meats
Produce
DryGoods
Video Sales
Total Sales

$240,000.00
$720,000.00
$480,000.00
$800,000.00
$840,000.000
$500,000.00
$360,000.00
$60,000.00
$4,000,000.00

$249,600.00
$748,800.00
$499,200.00
$832,000.00
$873,600.000
$520,000.00
$374,400.00
$62,400.00
$4,160,000.00

$252,000.00
$756,000.00
$504,000.00
$840,000.00
$882,000.000
$525,000.00
$378,000.00
$63,000.00
$4,200,000.00

Cost of Goods Sold

Deli
Dairy
Canned Goods
Frozen Foods
Meats
Produce
DryGoods
Video Sales
Total Cost ofGoods Sold
Gross Profit

$120,000.00
$360,000.00
$360,000.00
$520,000.00
$420,000.000
$325,000.00
$237,600.00
$18,000.00
$2,360,600.00
$1,639,400.00

$124,800.00
$374,400.00
$374,400.00
$540,800.00
$436,800.000
$338,000.00
$247,104.00
$18,720.00
$2,455,024.00
$1,704,976.00

$126,000.00
$378,000.00
$378,000.00
$546,000.00
$441,000.000
$341,250.00
$249,480.00
$18,900.00
$2,478,630.00
$1,721,370.00

Operating Expenses
Sales and Marketing
General and Administrative
Depreciation
Wages
Manager
Assistant Manager
Employee Hourly Wage

$220,000.000
$350,000.0000
$20,000
0
$55,000
$40,000
$408,000.00

$228,800.000
$364,000.0000
$20,000
0
$55,000
$40,000
$408,000.00

$231,000.000
$367,500.0000
$20,000
0
$55,000
$40,000
$408,000.00

Common Costs
Total Operating Expenses

$245,910.00
$1,338,910.000

$255,746.40
$1,371,546.400

$258,205.50
$1,379,705.500

$300,490.00
$105,171.50
$195,318.50

$333,429.60
$116,700.36
$216,729.24

$341,664.50
$119,582.58
$222,081.93

Income Before Taxes

Income Taxes
Net Income

2009
$253,200.00
$759,600.00
$506,400.00
$844,000.00
$886,200.000
$527,500.00
$379,800.00
$63,300.00
$4,220,000.00

$126,600.00
$379,800.00
$379,800.00
$548,600.00
$443,100.000
$342,875.00
$250,668.00
$18,990.00
$2,490,433.00
$1,729,567.00

$232,100.000
$369,250.0000
$20,000
0
$55,000
$40,000
$408,000.00
$259,435.05
$1,383,785.050
$345,781.95
$121,023.68
$224,758.27

$1,000,000.00
$900,000.00
$800,000.00
$700,000.00
$600,000.00
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
$0.00

Series1
Series2
Series3
Series4

Series1
Series2
Series3
Series4

2006

2007

2008

Sales
Deli
Dairy
Canned Good
Frozen Food
Meats
Produce
DryGoods
Video Sales
Total Sales

$240,000.00
$720,000.00
$480,000.00
$800,000.00
$840,000.000
$500,000.00
$360,000.00
$60,000.00
$4,000,000.00

$257,400.00
$772,200.00
$514,800.00
$858,000.00
$900,900.000
$536,250.00
$386,100.00
$64,350.00
$4,290,000.00

$258,600.00
$775,800.00
$517,200.00
$862,000.00
$905,100.000
$538,750.00
$387,900.00
$64,650.00
$4,310,000.00

Cost of Goods Sold

Deli
Dairy
Canned Goods
Frozen Foods
Meats
Produce
DryGoods
Video Sales
Total Cost ofGoods Sold
Gross Profit

$120,000.00
$360,000.00
$360,000.00
$520,000.00
$420,000.000
$325,000.00
$237,600.00
$18,000.00
$2,360,600.00
$1,639,400.00

$128,700.00
$386,100.00
$386,100.00
$557,700.00
$450,450.000
$348,562.50
$254,826.00
$19,305.00
$2,531,743.50
$1,758,256.50

$129,300.00
$387,900.00
$387,900.00
$560,300.00
$452,550.000
$350,187.50
$256,014.00
$19,395.00
$2,543,546.50
$1,766,453.50

Onerating Expenses
Sales and Marketing
General and Administrative
Depreciation
Wages
Manager
Assistant Manager
Employee Hourly Wage

$220,000.000
$350,000.0000
$20,000
0
$55,000
$40,000
$476,000.00

$235,950.000
$375,375.0000
$20,000
0
$55,000
$40,000
$476,000.00

$237,050.000
$377,125.0000
$20,000
0
$55,000
$40,000
$476,000.00

Common Costs
Total Operating Expenses

$226,237.20
$1,387,237.200

$242,639.40
$1,444,964.397

$243,770.58
$1,448,945.583

$252,162.80
$88,256.98
$163,905.82

$313,292.10
$109,652.24
$203,639.87

$317,507.92
$111,127.77
$206,380.15

Income Before Taxes

Income Taxes
NetIncome

2009
$259,800.00
$779,400.00
$519,600.00
$866,000.00
$909,300.000
$541,250.00
$389,700.00
$64,950.00
$4,330,000.00

$129,900.00
$389,700.00
$389,700.00
$562,900.00
$454,650.000
$351,812.50
$257,202.00
$19,485.00
$2,555,349.50
$1,774,650.50

$238,150.000
$378,875.0000
$20,000
0
$55,000
$40,000
$476,000.00
$244,901.77
$1,452,926.769
$321,723.73
$112,603.31
$209,120.43

2006

2007

2008

Sales
Deli
Dairy
Canned Good
Frozen Food
Meats
Produce
DryGoods
Video Sales
Total Sales

$240,000.00
$720,000.00
$480,000.00
$800,000.00
$840,000.000
$500,000.00
$360,000.00
$60,000.00
$4,000,000.00

$257,400.00
$772,200.00
$514,800.00
$858,000.00
$900,900.000
$536,250.00
$386,100.00
$64,350.00
$4,290,000.00

$258,600.00
$775,800.00
$517,200.00
$862,000.00
$905,100.000
$538,750.00
$387,900.00
$64,650.00
$4,310,000.00

Cost of Goods Sold

Deli
Dairy
Canned Goods
Frozen Foods
Meats
Produce
DryGoods
Video Sales
Total Cost ofGoods Sold
Gross Profit

$120,000.00
$360,000.00
$360,000.00
$520,000.00
$420,000.000
$325,000.00
$237,600.00
$18,000.00
$2,360,600.00
$1,639,400.00

$128,700.00
$386,100.00
$386,100.00
$557,700.00
$450,450.000
$348,562.50
$254,826.00
$19,305.00
$2,531,743.50
$1,758,256.50

$129,300.00
$387,900.00
$387,900.00
$560,300.00
$452,550.000
$350,187.50
$256,014.00
$19,395.00
$2,543,546.50
$1,766,453.50

Onerating Expenses
Sales and Marketing
General and Administrative
Depreciation
Wages
Manager
Assistant Manager
Employee Hourly Wage

$220,000.000
$350,000.0000
$20,000
0
$55,000
$40,000
$456,000.00

$235,950.000
$375,375.0000
$20,000
0
$55,000
$40,000
$456,000.00

$237,050.000
$377,125.0000
$20,000
0
$55,000
$40,000
$456,000.00

Common Costs
Total Operating Expenses

$245,910.00
$1,386,910.000

$263,738.48
$1,446,063.475

$264,968.03
$1,450,143.025

$252,490.00
$88,371.50
$164,118.50

$312,193.03
$109,267.56
$202,925.47

$316,310.48
$110,708.67
$205,601.81

Income Before Taxes

Income Taxes
Net Income

2009
$259,800.00
$779,400.00
$519,600.00
$866,000.00
$909,300.000
$541,250.00
$389,700.00
$64,950.00
$4,330,000.00

$129,900.00
$389,700.00
$389,700.00
$562,900.00
$454,650.000
$351,812.50
$257,202.00
$19,485.00
$2,555,349.50
$1,774,650.50

$238,150.000
$378,875.0000
$20,000
0
$55,000
$40,000
$456,000.00
$266,197.58
$1,454,222.575
$320,427.93
$112,149.77
$208,278.15