Hasbro FEC

FEC single outlet Income Statement

For the Twelve Months Ending December 31, 20XX
Store: ABCDEF
All Amounts in USD
2020 2021 2022
Growth % 5 4
Sales
Admissions 4,112,500 4,318,125 4,490,850
Marchandise 2,115,000 2,220,750 2,309,580
Food & Beverage 1,527,500 1,603,875 1,668,030
Others 235,000 246,750 256,620
Total Sales 7,990,000 8,389,500 8,725,080
Other Income 0 0 0
Total Revenue 7,990,000 8,389,500 8,725,080

Cost of Sales
Marchandise 803,700 843,885 877,640
Food & Beverage 427,700 449,085 467,048
Others 23,500 24,675 25,662
Total COGs 1,254,900 1,317,645 1,370,351

Gross Profit 6,735,100 7,071,855 7,354,729

Rent 1,198,500 1,258,425 1,308,762

Salaries 1,598,000 1,677,900 1,745,016
Maintenance 399,500 419,475 436,254
Marketing Expenses 639,200 671,160 698,006
Utilities 157,000 164,850 171,444
License Fee (Royalties) 7% of Sales 559,300 587,265 610,756
other expenses 157,500 165,375 171,990
Interest (7% on borrowed Capital) 280,000 210,000 140,000

Total Expenses 4,989,000 5,154,450 5,282,228

EBITDA 1,746,100 1,833,405 1,906,741

Less: Depreciation (CAPEX $ 6000,000) / 10 years 800,000 800,000 800,000

Net Profit/(Loss) 946,100 993,405 1,033,141

% on Total Revenues
Gross Profit 84% 84% 84%
Total Expenses 62% 61% 61%
EBITDA 22% 22% 22%
Net Profit/(Loss) 12% 12% 12%

Rent 15% 15% 15%

Salaries 20% 20% 20%
Maintenance 5% 20% 20%
Marketing Expenses 8% 8% 8%
Utilities 2% 2% 2%
License Fee (Royalties) 7% of Sales 7% 7% 7%
other expenses 2% 2% 2%
Depreciation 10% 10% 9%

Net Cash From Operations 946,100 993,405 1,033,141

Initial Investment 8,000,000

Depreciation period 10 years
ROI 12% 12% 13%

*Reinvestment in upgrades of games from year 6 onwords

2023 2024 TOTAL
3 2

4,625,576 4,718,087 22,265,138

2,378,867 2,426,445 11,450,642
1,718,071 1,752,432 8,269,908
264,319 269,605 1,272,294
8,986,832 9,166,569 43,257,981
0 0 0
8,986,832 9,166,569 43,257,981

Inventory
903,970 922,049 4,351,244 Opening -
481,060 490,681 2,315,574 Purchase 1,500,000
26,432 26,960 127,229 Total 1,500,000
1,411,461 1,439,691 6,794,048 cogs 1,254,900
inventory 245,100
7,575,371 7,726,878 36,463,934
opg 0
1,348,025 1,374,985 6,488,697 Purchase 1,500,000
1,797,366 1,833,314 8,651,596 1,500,000
449,342 458,328 2,162,899 cash 1,129,410
718,947 733,326 3,460,639 AP 370,590
176,587 180,119 850,000
629,078 641,660 3,028,059
177,150 180,693 852,707
70,000 0 700,000

5,366,495 5,402,425 26,194,598

1,963,943 2,003,222 9,453,412

0
800,000 800,000 4,000,000

1,064,135 1,085,418 5,122,200

84% 84% 84%

60% 59% 61%
22% 22% 22%
12% 12% 12%

15% 15% 15%

20% 20% 20%
 20% 20% 20%
8% 8% 8%
2% 2% 2%
7% 7% 7%
2% 2% 2%
9% 9% 9%

1,064,135 1,085,418 5,122,200

13% 14% 64%

 1000

245,100 508,629 782,699 1,064,991

1,581,174 1,644,421 1,693,754 1,727,629
1,826,274 2,153,050 2,476,453 2,792,620
1,317,645 1,370,351 1,411,461 1,439,691
508,629 782,699 1,064,991 1,352,930

370,590 751,764 1,096,185 1,519,623

1,581,174 1,644,421 1,693,754 1,727,629
1,951,764 2,396,185 2,789,939 3,247,252
1,200,000 1,300,000 1,270,315 1,295,721
751,764 1,096,185 1,519,623 1,951,531
Hasbro FEC
FEC single outlet Income Statement
For the Twelve Months Ending December 31, 20XX
Store: ABCDEF
All Amounts in USD
Total Revenue 7,990,000 8,389,500 8,725,080
Gross Profit 6,735,100 7,071,855 7,354,729
Total Expenses 4,821,000 5,056,450 5,254,228
EBITDA 1,914,100 2,009,805 2,090,197
Net Profit/(Loss) 1,114,100 1,169,805 1,216,597

% on Total Revenues
Gross Profit 84% 84% 84%
Total Expenses 60% 60% 60%
EBITDA 24% 24% 24%
Net Profit/(Loss) 14% 14% 14%

Rent 15% 15% 15%

Salaries 20% 20% 20%
Maintenance 5% 20% 20%
Marketing Expenses 8% 8% 8%
Utilities 2% 2% 2%
License Fee (Royalties) 7% of Sales 7% 7% 7%
other expenses 2% 2% 2%
Depreciation 10% 10% 9%

Net Cash From Operations 1,114,100 1,169,805 1,216,597

Initial Investment 8,000,000

Depreciation period 10 years
ROI 14% 15% 15%

*Reinvestment in upgrades of games from year 6 onwords

8,986,832 9,166,569 43,257,981
7,575,371 7,726,878 36,463,934
5,408,495 5,514,425 26,054,598
2,152,903 2,195,961 10,362,966
1,253,095 1,278,157 6,031,754

84% 84% 84%

60% 60% 60%
24% 24% 24%
14% 14% 14%

15% 15% 15%

20% 20% 20%
20% 20% 20%
8% 8% 8%
2% 2% 2%
7% 7% 7%
2% 2% 2%
9% 9% 9%

1,253,095 1,278,157 6,031,754

16% 16% 75%

 Key Assumptions for Business Plan
FEC Size
Estimated Capital Investment per FEC
FEC rent per square feet
WACC
Royalties on revenues charged to Franchisee
Openinig hours
Projected Annual Attendance
Estimated Length of stay
Recommended Ride/Attraction Experiences in FEC
Recommended Retail Space
Recommended Food/Beverage Space
Attraction Admissions
Admission Price – Adult
Admission Price – Children under 12
Estimated Per Capita Spending Revenue:
o Admissions (based on 2 kids & 1 Adult average)
o Merchandise
o Food/Beverage
o Others
Total Per Cap
Targeted Number of FECs to open in the GCC in 5 years
Hasbro FEC regional office set up cost
Hasbro FEC regional office annual Opex

Key Assumptions
FEC Size
Estimated Capital Investment per FEC
WACC
Openinig hours
Projected Annual Attendance
Estimated Length of stay
Recommended Entertainment Units per Hour
Recommended Theoretical Hourly Ride/Attraction Capacity (THRC)
Recommended Ride/Attraction Experiences in FEC
Recommended Retail Space
Recommended Food/Beverage Space
Attraction Admissions
Admission Price – Adult
Admission Price – Children under 12
Estimated Per Capita Spending Revenue:
o Admissions (based on 2 kids & 1 Adult average)
o Merchandise
o Food/Beverage
o Other
Total Per Cap
Targeted Number of FECs to open in the GCC in 5 years
Hasbro FEC regional office set up cost
Hasbro FEC regional office annual Opex
mptions for Business Plan
25,000 - 35,000 Sqare Feet
USD 8 Million
USD 40 Gross
7% (based on average interest rate based on EIBOR) Non tax market
7%
10 AM - 10 PM weekdays & 10 AM - 12 Midnight weekends
235,000 (500 on weekdays - 1000 weekends & Holidays)
1.5 - 3 Hours
10
1000 Sqare Feet
1500 Sqare Feet
Paid One Price Admission
USD 27
USD 13.5

USD 17.5
USD 9
USD 6.5
USD 1
USD 34
20 FECs from 2020 till 2024
USD 75,000
USD 500,000

25,000 - 35,000 Sqare Feet

USD 8 Million
7% (based on average interest rate) Non tax market
10 AM - 10 PM weekdays & 10 AM - 12 Midnight weekends
235,000 (500 on weekdays - 1000 weekends & Holidays)
1.5 - 3 Hours
4
2340
 10
1000 Sqare Feet
1500 Sqare Feet
Paid One Price Admission
USD 27
USD 13.5

USD 17.5
USD 9
USD 6.5
USD 1
USD 34
20 FECs from 2020 till 2024
USD 75,000
USD 500,000
Year 0 1 2 3 4 5
cashflow
Opening 0 0 872 1907 3049 4400
capital 4000
Loan 4000
Sales/Rev 7990 8390 8725 8987 9167

Total 8000 7990 9261 10632 12036 13566

cash out
Fit Out 8000
OPX 4709 4944 5142 5296 5402
Interest 280 210 140 70 0
Loan repayment 1000 1000 1000 1000 0
ACCOUNT Payable 1129 1200 1300 1270 1296

Total 8000 7118 7354 7582 7637 6698

Net cash 0 872 1907 3049 4400 6868

BS
Assets
Fur &F 8000 7200 6400 5600 4800 4000
Bank 0 872 1907 3049 4400 6868
Inventory 245 509 783 1065 1353

Total 8000 8317 8815 9432 10265 12221

Liabilities
capital 4000 4000 4000 4000 4000 4000
P&L 0 946 1940 2973 4037 5122
Loan 4000 3000 2000 1000 0 0
AR payable 371 752 1096 1520 1952

Total 8000 8317 8691 9069 9556 11074

0 0 124 363 708 1147
239 345 439

Loan 4000 4000 3000 2000 1000 0 0

Repayment 0 1000 1000 1000 1000 0 0
Balance 4000 3000 2000 1000 0 0 0
Int@ 7%
Int 280 210 140 70 0 0
P&L
opg 0 0 946 1940 2973 4037
current 0 946 993 1033 1064 1085
Total 0 946 1940 2973 4037 5122

Capex 8000 8000 7200 6400 5600 4800

Depn 800 800 800 800 800
WDV 8000 7200 6400 5600 4800 4000
M/s HASBRO
BALANCE SHEET
YEAR 0 1 2 3 4
Assets
Fur &F 6000 5400 4800 4200 3600
Bank 2000 2732 3506 4274 5148
Inventory 245 509 783 1065

Total 8000 8377 8814 9257 9813

Liabilities
capital 2000 2000 2000 2000 2000
P&L 0 1006 2063 3161 4293
Loan 6000 5000 4000 3000 2000
AR payable 371 752 1096 1520

Total 8000 8377 8814 9257 9812

5

3000
6046
1353

10399

2000
5447
1000
1952

10399