Junk Removal Business Plan
Below is our junk removal business plan template and sample plan created using our free ai business plan generator.
I. Executive Summary
Company Overview
At TrustHaul Junk Services, we are proud to introduce our fresh and dynamic junk removal service, specifically designed to cater to the unique needs of the Santa Fe, NM, community. As a newly established local junk removal company, we have identified a significant opportunity to offer high-quality, unmatched service that fills the gap left by existing options. Our comprehensive range of services includes Residential Junk Removal, Commercial Junk Removal, Estate Cleanouts, Recycling and Donation Services, and Construction Debris Removal. Each offering is crafted with flexibility and efficiency in mind, ensuring we meet the diverse requirements of our customers. Our foundation is built on the vast experience of our founder and our collective commitment to excellence, positioning us as leaders in the Santa Fe junk removal industry. Since launching on January 4, 2024, we have hit the ground running, establishing a strong brand identity, securing an ideal operational location, and laying the groundwork to become the preferred choice for junk removal services in the area.
Success Factors
TrustHaul Junk Services’ path to becoming the go-to junk removal service in Santa Fe is paved with a strong set of success factors and notable accomplishments. Our founder’s previous experience in running a successful junk removal business has provided us with invaluable insights into exceeding customer expectations. This experience, combined with our dedication to superior service, positions us for leadership in the local market. We have already made significant strides since our inception, including the development of a memorable brand identity and securing a strategic location to enhance service delivery. These achievements are just the beginning, as we aim to continue our growth trajectory and solidify our reputation as the top choice for junk removal services in Santa Santa Fe, NM.
Industry Analysis
The Junk Removal industry in the United States, currently valued at approximately $10 billion, is experiencing steady growth due to increasing consumer demand for convenient and eco-friendly junk removal services. This demand is set to rise as individuals and businesses seek assistance in decluttering and responsibly disposing of unwanted items. TrustHaul Junk Services is perfectly aligned with industry trends, emphasizing sustainable practices and the adoption of technology to streamline operations and improve the customer experience. Our commitment to eco-friendly disposal and the use of online booking platforms and digital payment options positions us at the forefront of the industry in Santa Fe, NM, ready to meet the growing demand for professional junk removal services.
Customer Analysis
Our target market includes a diverse group of customers in Santa Fe, NM, ranging from local residents undertaking home renovations or decluttering projects to small business owners in need of clearing out commercial spaces. We also cater to property managers and real estate agents looking to prepare properties for sale or lease, as well as contractors and construction companies requiring efficient debris removal from job sites. Understanding the specific needs and schedules of our customers allows us to offer tailored services, including environmentally friendly disposal options and flexible scheduling, ensuring we provide the highest level of service and convenience.
Competitive Analysis
TrustHaul Junk Services faces competition from several key players in the Santa Fe area, including Southwest Maintenance & Hauling, Exceptional Junk Removal, and Whole Lotta Junk Services. These competitors offer a range of junk removal services to similar target segments. However, TrustHaul sets itself apart with our unparalleled customer-centric approach, high-quality services, and commitment to sustainability. Our use of advanced technology and equipment ensures efficient service delivery, while our focus on eco-friendly practices appeals to environmentally conscious customers. These competitive advantages position us to lead the market in Santa Fe, offering clutter-free solutions that meet the unique needs of our diverse clientele.
Marketing Plan
TrustHaul Junk Services is committed to building a robust marketing plan that leverages various channels to engage with our target audience in Santa Fe, NM. Our comprehensive service offerings, including Residential and Commercial Junk Removal, Estate Cleanouts, and Construction Debris Removal, are competitively priced to ensure we meet the needs of our customers. We will also highlight our Recycling and Donation Services to appeal to environmentally conscious consumers. Our promotional strategy includes a strong online presence through an SEO-optimized website and active engagement on social media platforms, supplemented by email marketing and local SEO strategies. Community involvement and introductory promotions will further enhance our visibility and attract a broad customer base. Through this multi-faceted marketing approach, we aim to establish TrustHaul as the premier junk removal service in Santa Fe.
Operations Plan
To achieve operational excellence, TrustHaul Junk Services will focus on key daily processes including efficient customer inquiry management, effective scheduling and dispatching, regular vehicle maintenance, and comprehensive staff training. Additionally, we will prioritize waste sorting and eco-friendly disposal, diligent inventory management, proactive customer feedback collection, and accurate billing practices. Our operational milestones include launching our service, securing necessary permits, establishing an online presence, investing in reliable equipment, and implementing targeted marketing strategies. Achieving a monthly revenue target of $15,000 and developing a customer loyalty program are also crucial goals. These operations and milestones are designed to ensure the successful delivery of high-quality junk removal services and the long-term sustainability of our business.
Management Team
Under the experienced leadership of Charlotte Alvarez, President of TrustHaul Junk Services, our management team is equipped to steer the company towards its growth objectives. Charlotte’s extensive experience in the junk removal industry, coupled with her proven track record of successful business management, forms the backbone of our strategic direction. Her expertise ensures that TrustHaul maintains operational efficiencies, high levels of customer satisfaction, and a clear path to profitability. The management team’s dedication and strategic vision are fundamental to achieving our goal of becoming the preferred junk removal service provider in Santa Fe, NM.
Financial Plan
To support our growth objectives, TrustHaul Junk Services requires $253,000 in funding. This investment will be allocated towards capital investments such as location buildout, equipment purchases, and initial operating expenses including marketing, staff salaries, and insurance. Achieving our financial goals will enable us to execute our business plan effectively, ensuring we provide exceptional junk removal services, foster customer loyalty, and establish a sustainable, profitable business in Santa Fe, NM.
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $1,953,915 | $2,115,759 | $2,291,007 | $2,480,772 | $2,686,255 |
Direct Expenses | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 |
Gross Profit | $1,220,303 | $1,344,772 | $1,480,742 | $1,629,228 | $1,791,328 |
Gross Profit (%) | 62.5% | 63.6% | 64.6% | 65.7% | 66.7% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 |
Depreciation | $0 | $0 | $0 | $0 | $0 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $0 | $0 | $0 | $0 | $0 |
Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
Net Income | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 |
II. Company Overview
TrustHaul Junk Services is a fresh and dynamic Junk Removal service catering to the needs of residents and businesses in Santa Fe, NM. As a new local junk removal company, we recognize the gap in high-quality local junk removal services within the area. Our mission is to fill this void by offering unparalleled service that stands out from the competition.
Our offerings encompass a wide range of services designed to meet the diverse needs of our customers. These include Residential Junk Removal, for homeowners looking to declutter their living spaces; Commercial Junk Removal, tailored for businesses in need of efficient waste management solutions; Estate Cleanouts, providing compassionate and comprehensive removal services during challenging times; Recycling and Donation Services, ensuring that usable items find a second life and contribute to sustainability; and Construction Debris Removal, helping construction sites remain clean and safe. At TrustHaul Junk Services, we are committed to providing flexible and effective solutions for all your junk removal needs.
Operating from our base in Santa Fe, NM, our service area encompasses the entire Santa Fe region. Our local presence allows us to understand the unique needs and preferences of our community, ensuring personalized and responsive service for every customer.
What sets TrustHaul Junk Services apart is our foundation of expertise and commitment to excellence. Our founder brings valuable experience from successfully running a previous junk removal business, equipping us with the insights necessary to exceed our customers’ expectations. Our dedication to offering better, more efficient services positions us as a leader in the junk removal industry in Santa Fe, promising clean, organized, and clutter-free spaces for our clients.
Since our inception on January 4, 2024, TrustHaul Junk Services has achieved significant milestones as an S Corporation. We’ve meticulously crafted our brand identity, starting with a distinctive logo and a memorable company name. Additionally, we’ve secured an ideal location that enhances our ability to serve our customers effectively. These accomplishments are just the beginning of our journey towards becoming the go-to junk removal service in Santa Fe, NM.
III. Industry Analysis
The Junk Removal industry in the United States is a thriving market with a current size of approximately $10 billion. This industry has seen steady growth over the past few years, driven by an increase in consumer demand for convenient and eco-friendly junk removal services. With more people looking to declutter their homes and businesses, the demand for professional junk removal services is expected to continue to rise.
One of the key trends in the Junk Removal industry is the shift towards more sustainable practices. Consumers are becoming increasingly conscious of the environmental impact of their actions, leading to a growing demand for junk removal companies that prioritize recycling and responsible disposal of waste. TrustHaul Junk Services, with their commitment to eco-friendly practices, is well-positioned to capitalize on this trend and attract environmentally-conscious customers in Santa Fe, NM.
Another trend in the Junk Removal industry is the increasing use of technology to streamline operations and improve customer service. Junk removal companies are leveraging online booking platforms, GPS tracking, and digital payment options to enhance the customer experience and increase efficiency. By adopting these technological advancements, TrustHaul Junk Services can differentiate themselves from competitors and provide a seamless and convenient junk removal experience for their customers.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents who require junk removal services for various reasons, such as home renovations, decluttering, and moving. These customers will often need timely and efficient service to clear out unwanted items from their homes. We will tailor our services to accommodate their schedules and provide environmentally friendly disposal options.
We will also focus on small business owners in Santa Fe who need assistance with clearing out office spaces, retail stores, and warehouses. These businesses will benefit from our reliable and professional service, ensuring their spaces are clean and ready for new opportunities. We will offer customized packages to meet their specific needs and timelines.
In addition to residents and small businesses, we will target property managers and real estate agents who need to prepare properties for sale or lease. Our services will help them quickly remove junk and debris, making properties more appealing to potential buyers or tenants. We will provide flexible scheduling and competitive pricing to fit their budgets and project timelines.
We will also serve contractors and construction companies that require debris removal from job sites. These professionals will rely on us to maintain a clean and safe working environment, allowing them to focus on completing their projects efficiently. We will offer specialized services for construction debris, including recycling and proper disposal of materials.
Customer Needs
TrustHaul Junk Services meets the critical need for high-quality junk removal, enabling clients to declutter their homes and businesses efficiently. Customers require a service that can quickly and responsibly dispose of unwanted items, helping them reclaim valuable space. They seek reliability and professionalism, ensuring that the job is done right the first time.
In addition to efficient removal, customers expect environmentally responsible disposal methods. TrustHaul addresses this by ensuring that items are recycled or donated whenever possible, minimizing landfill waste. This commitment to sustainability resonates with eco-conscious clients in the community.
Clients also value transparent pricing without hidden fees, allowing them to budget effectively for their junk removal needs. TrustHaul provides clear, upfront pricing and flexible scheduling options, accommodating the busy lives of its customers. This level of customer service fosters trust and repeat business.
Lastly, safety and convenience are paramount for customers who need junk removal services. TrustHaul guarantees that its team handles all items with care and adheres to safety protocols, ensuring a hassle-free experience. This attention to detail and customer-centric approach sets TrustHaul apart in the market.
V. Competitive Analysis
Direct Competitors
TrustHaul Junk Services’s competitors include the following companies:
Southwest Maintenance & Hauling
Southwest Maintenance & Hauling offers a comprehensive range of junk removal and hauling services. Their services include residential and commercial junk removal, construction debris removal, and yard waste disposal. Price points vary depending on the service, but they typically charge by the truckload. Estimated revenues are moderate, reflecting a steady stream of local customers. Located in Santa Fe, NM, they serve the greater Santa Fe area. Their customer segments include homeowners, businesses, and contractors.
Key strengths include a strong local presence and a reputation for reliability. Weaknesses include limited marketing efforts and a smaller fleet of vehicles compared to larger competitors.
Exceptional Junk Removal
Exceptional Junk Removal specializes in fast and efficient junk removal services. They offer residential cleanouts, office cleanouts, and eco-friendly disposal options. Their pricing is competitive, often offering flat-rate fees for specific services. Revenues are on the higher side due to their efficient service model and customer satisfaction. Based in Albuquerque, NM, they extend their services to Santa Fe and surrounding areas. They cater to both residential and commercial clients. Strengths include excellent customer reviews and a broad service area. Weaknesses involve occasional scheduling delays and higher costs for premium services.
Whole Lotta Junk Services
Whole Lotta Junk Services provides a wide array of junk removal services, including appliance removal, furniture removal, and estate cleanouts. They emphasize eco-friendly practices and recycling. Their pricing is mid-range, with options for volume-based pricing. Revenues are consistent, driven by a loyal customer base and repeat business.
Located in Santa Fe, NM, they primarily serve the local community and nearby towns. Their target customers include families, realtors, and property managers. Key strengths include a strong community reputation and environmentally conscious practices. Weaknesses involve limited service availability during peak times and a smaller workforce.
Competitive Advantages
At TrustHaul Junk Services, we pride ourselves on providing superior junk removal services that help clients efficiently manage and dispose of unwanted items. Our commitment to ensuring spaces are clean, organized, and free of clutter sets us apart from the competition. We utilize state-of-the-art equipment and highly trained staff to guarantee a seamless and stress-free experience for our customers. This dedication to excellence allows us to offer faster, more reliable services, ensuring that our clients can enjoy their newly decluttered spaces without delay.
Our customer-centric approach is another significant advantage. We understand that each client has unique needs, and we tailor our services to meet those specific requirements. From residential cleanouts to commercial junk removal, our flexible and comprehensive solutions cater to a wide range of scenarios. Additionally, we are deeply committed to environmentally responsible practices, ensuring that items are disposed of in an eco-friendly manner whenever possible. By prioritizing sustainability and customer satisfaction, we create lasting relationships with our clients and build a reputation for trust and reliability in the community.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
TrustHaul Junk Services offers a range of specialized products and services tailored to meet the diverse needs of its customers. The company focuses on providing efficient and reliable solutions for both residential and commercial clients.
Residential Junk Removal is one of the core services. Customers can have unwanted items removed from their homes, including old furniture, appliances, yard waste, and general clutter. The average price for residential junk removal typically ranges from $150 to $300 depending on the volume and type of junk.
Commercial Junk Removal caters to businesses, helping them dispose of office furniture, electronics, and other commercial waste. This service is essential for companies looking to maintain a clean and organized workspace. The average price for commercial junk removal is around $200 to $500, varying based on the size and complexity of the job.
Estate Cleanouts are another critical offering. These services are ideal for customers who need to clear out a property after a loved one has passed away or when preparing a property for sale. Estate cleanouts can be more comprehensive and time-consuming, with prices typically starting at $500 and going up to $1,500 or more, depending on the scope of work.
Recycling and Donation Services are provided to promote environmental sustainability and social responsibility. TrustHaul Junk Services ensures that recyclable materials are properly processed and that usable items are donated to local charities. This service is often included at no additional charge with other junk removal services, although standalone recycling and donation pickups are offered for a fee ranging from $50 to $150.
Construction Debris Removal is designed for contractors and homeowners undertaking renovation or construction projects. This service includes the removal of materials such as drywall, wood, concrete, and other construction waste. Pricing for construction debris removal generally falls between $300 and $700, based on the volume and type of debris.
TrustHaul Junk Services strives to provide transparent pricing and exceptional customer service, ensuring that each client receives tailored solutions to meet their specific needs.
Promotions Plan
TrustHaul Junk Services focuses on comprehensive promotional strategies to attract and retain customers. We will employ a variety of methods to ensure maximum visibility and engagement in the Santa Fe, NM market.
Our primary promotional method revolves around online marketing. We will develop a user-friendly, search engine optimized website that highlights our services, customer testimonials, and competitive pricing. This website will be the cornerstone of our online presence, ensuring that potential customers find us easily when searching for junk removal services in Santa Fe.
In addition to a robust website, we will leverage social media platforms such as Facebook, Instagram, and Twitter to engage with our community. Regular posts featuring before-and-after photos of our work, customer reviews, and special promotions will keep our audience engaged and informed. We will also use targeted advertising on these platforms to reach potential customers who may not yet be aware of our services.
Email marketing will also play a crucial role in our promotional strategy. We will build an email list by offering incentives such as discounts or free consultations for subscribers. Regular newsletters will keep our customers informed about new services, seasonal promotions, and tips for maintaining a clutter-free space.
We will utilize local SEO strategies to ensure our business appears in local search results and on Google Maps when people search for junk removal services in Santa Fe. This involves optimizing our Google My Business profile, collecting reviews, and ensuring our contact information is consistent across all online directories.
Additionally, we will participate in community events and sponsor local initiatives to build brand awareness and foster goodwill within the community. This involvement will help us establish a strong local presence and create positive associations with our brand.
To attract more immediate attention, we will run introductory promotions, such as discounts for first-time customers or referral bonuses. These offers will be prominently featured on our website and social media channels to encourage new customers to try our services.
By employing these diverse promotional methods, TrustHaul Junk Services aims to establish a strong foothold in the Santa Fe market and build lasting relationships with our customers.
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of TrustHaul Junk Services, there are several key day-to-day operational processes that we will perform:
- Customer Inquiry Management: Efficiently manage and respond to customer inquiries via phone, email, and online booking platforms.
- Scheduling and Dispatching: Organize and prioritize daily schedules, and dispatch crews to service locations promptly.
- Vehicle Maintenance: Regularly inspect and maintain the fleet of trucks to ensure they are in good working condition.
- Staff Training and Management: Continuously train staff on safety protocols, customer service, and efficient junk removal techniques.
- Inventory Management: Keep track of necessary tools and equipment, ensuring availability and functionality.
- Waste Sorting and Disposal: Sort collected junk for recycling, donation, and disposal, adhering to local regulations and sustainability practices.
- Customer Feedback Collection: Actively seek and collect customer feedback to improve services and address any concerns.
- Billing and Invoicing: Accurately process and send invoices to customers, and handle payments promptly.
- Marketing and Promotions: Implement marketing strategies to attract new customers and retain existing ones, including social media and local advertising.
- Compliance and Documentation: Ensure all operations comply with local laws and regulations, and maintain accurate records and documentation.
- Performance Monitoring: Regularly review and analyze operational performance to identify areas for improvement and implement necessary changes.
Milestones
TrustHaul Junk Services expects to complete the following milestones in the coming months in order to ensure its success:
- Launch Our Junk Removal Service: Officially start operations and begin offering junk removal services to customers in Santa Fe, NM.
- Obtain Necessary Permits and Licenses: Ensure all local, state, and federal permits and licenses are acquired to operate legally and avoid potential fines or shutdowns.
- Build a Reputable Online Presence: Establish a professional website, active social media profiles, and positive online reviews to attract and retain customers.
- Invest in Reliable Equipment and Vehicles: Acquire and maintain high-quality equipment and vehicles to ensure efficient and safe service delivery.
- Hire and Train Staff: Recruit and train reliable employees to provide excellent customer service and handle junk removal tasks competently.
- Implement Effective Marketing Strategies: Launch targeted marketing campaigns to raise awareness and attract a steady stream of customers.
- Establish Strategic Partnerships: Form partnerships with local businesses, real estate agents, and property managers to generate referral business.
- Achieve $15,000/Month in Revenue: Reach a monthly revenue target of $15,000 to ensure the business is financially sustainable and on a path to profitability.
- Develop a Customer Loyalty Program: Create a program to encourage repeat business and customer retention, enhancing long-term revenue stability.
- Monitor and Adapt Business Operations: Regularly review business performance and make necessary adjustments to improve efficiency, customer satisfaction, and profitability.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
TrustHaul Junk Services management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Charlotte Alvarez, President
Charlotte Alvarez has a history of success and has successfully run a junk removal business in the past. With her extensive experience in the junk removal industry, Charlotte has a deep understanding of operational efficiencies and customer satisfaction. Her prior success in managing a similar business showcases her capability to lead TrustHaul Junk Services towards growth and profitability. Charlotte’s strategic vision and hands-on experience make her an invaluable asset to the company’s leadership team.
IX. Financial Plan
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $1,953,915 | $2,115,759 | $2,291,007 | $2,480,772 | $2,686,255 |
Direct Expenses | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 |
Gross Profit | $1,220,303 | $1,344,772 | $1,480,742 | $1,629,228 | $1,791,328 |
Gross Profit (%) | 62.5% | 63.6% | 64.6% | 65.7% | 66.7% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 |
Depreciation | $0 | $0 | $0 | $0 | $0 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $0 | $0 | $0 | $0 | $0 |
Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
Net Income | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 |
Funding Requirements/Use of Funds
To accomplish our growth goals, TrustHaul Junk Services needs $253,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $20,000 |
Furniture and Office Setup | $5,000 |
Equipment & Machines (trucks, forklifts, etc.) | $150,000 |
Computers and Software | $2,000 |
Non Capital Investments | |
---|---|
Working Capital | $25,000 |
Initial Rent/Lease (3 months) | $6,000 |
Staff Salaries (First 3 Months) | $30,000 |
Initial Marketing and Advertising | $10,000 |
Supplies | $2,000 |
Insurance | $3,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $1,953,915 | $2,115,759 | $2,291,007 | $2,480,772 | $2,686,255 | |
Total Revenues | $1,953,915 | $2,115,759 | $2,291,007 | $2,480,772 | $2,686,255 | |
Direct Costs | ||||||
Direct Costs | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 | |
Total Direct Costs | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 | |
GROSS PROFIT | $1,220,303 | $1,344,772 | $1,480,742 | $1,629,228 | $1,791,328 | |
GROSS PROFIT % | 62.5% | 63.6% | 64.6% | 65.7% | 66.7% | |
Other Expenses | ||||||
Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
EBITDA | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | |
PRETAX INCOME | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Income Tax Expense | $0 | $0 | $0 | $0 | $0 | |
NET INCOME | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Net Profit Margin (%) | 57.5% | 58.8% | 60.1% | 61.4% | 62.6% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $1,199,217 | $2,443,959 | $3,821,635 | $5,344,671 | $7,026,585 | |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | |
Total Current Assets | $1,199,217 | $2,443,959 | $3,821,635 | $5,344,671 | $7,026,585 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $177,000 | $177,000 | $177,000 | $177,000 | $177,000 | |
Accum Depreciation | $0 | $0 | $0 | $0 | $0 | |
Net fixed assets | $177,000 | $177,000 | $177,000 | $177,000 | $177,000 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,376,217 | $2,620,959 | $3,998,635 | $5,521,671 | $7,203,585 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $0 | $0 | $0 | $0 | $0 | |
Debt outstanding | $253,000 | $253,000 | $253,000 | $253,000 | $253,000 | |
Total Liabilities | $253,000 | $253,000 | $253,000 | $253,000 | $253,000 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $1,123,217 | $2,367,959 | $3,745,635 | $5,268,671 | $6,950,585 | |
Total Equity | $1,123,217 | $2,367,959 | $3,745,635 | $5,268,671 | $6,950,585 | |
TOTAL LIABILITIES & EQUITY | $1,376,217 | $2,620,959 | $3,998,635 | $5,521,671 | $7,203,585 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Change in Working Capital | $0 | $0 | $0 | $0 | $0 | |
Plus Depreciation | $0 | $0 | $0 | $0 | $0 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $1,123,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($177,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($177,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $253,000 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Financing | $253,000 | $0 | $0 | $0 | $0 | |
Net Cash Flow | $1,199,217 | $1,244,741 | $1,377,676 | $1,523,035 | $1,681,914 | |
Cash at Beginning of Period | $0 | $1,199,217 | $2,443,959 | $3,821,635 | $5,344,671 | |
$1,199,217 | $2,443,959 | $3,821,635 | $5,344,671 | $7,026,585 |