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Car Wash Business Plan Template

Written by Dave Lavinsky

Car Wash Business Plan Template
Table of Contents
Table of Contents

Car Wash Business Plan

Below is our car wash business plan template and sample plan created using our business plan generator.

I. Executive Summary

Company Overview

ShineWorks Car Wash, poised to redefine the car wash experience in Huntsville, AL, stands out with its commitment to eco-friendly practices and cutting-edge technology. Our state-of-the-art facility, leveraging water reclamation systems and biodegradable chemicals, not only ensures a spotless shine for every vehicle but also protects the environment. With customer satisfaction at our core, we offer a range of services from basic washes to comprehensive detailing, all designed to meet diverse needs and preferences. Our strategic location, combined with unparalleled service quality, positions us to become a leading choice for car care in the community.

Success Factors

Our journey to becoming a preferred car wash in Huntsville is marked by several key success factors and notable accomplishments. Firstly, our commitment to sustainability through eco-friendly operations has resonated well with environmentally conscious customers. Additionally, our investment in advanced technology not only improves efficiency but also enhances the customer experience. Achieving operational milestones ahead of schedule, such as the swift implementation of our water reclamation system, further demonstrates our capability and dedication. These elements, together with positive initial customer feedback, underscore our promising trajectory in the car wash industry.

Industry Analysis

The car wash industry, valued at billions and experiencing steady growth, is increasingly influenced by consumer preferences for convenience and environmental sustainability. Trends indicate a rising demand for services that offer time savings, quality, and eco-friendly practices. The advent of subscription models and mobile payment options reflects the industry’s adaptation to these preferences. Amidst this landscape, ShineWorks Car Wash, with its focus on environmental stewardship and cutting-edge technology, is well-positioned to meet the evolving needs of the market and capitalize on the growing trend of eco-conscious consumerism.

Customer Analysis

Our target customer base encompasses a wide demographic, emphasizing the growing segment of environmentally conscious consumers who value sustainable and efficient car care solutions. This includes busy professionals seeking quick and convenient service, families desiring a one-stop solution for their diverse vehicle needs, and eco-aware individuals prioritizing minimal environmental impact. Our comprehensive service offerings, coupled with a focus on exceptional customer care, position us to attract and retain a loyal customer base in Huntsville, AL, by meeting these varied needs and preferences.

Competitive Analysis

Top Competitors: CleanStream Car Wash, EcoShine Detailing, BrightBubbles Auto Spa.

ShineWorks Car Wash distinguishes itself with a unique blend of eco-friendly practices, advanced technology, and a comprehensive range of services. Unlike our competitors, our emphasis on sustainability and customer experience, backed by state-of-the-art technology, positions us as a leader in redefining the car wash experience in Huntsville, AL.

Marketing Plan

At ShineWorks Car Wash, we are committed to a dynamic marketing strategy that encompasses both digital and traditional channels. Our services range from basic washes to full detailing, all competitively priced to offer value to our customers. We’re leveraging online marketing, SEO, and a mobile-friendly website to enhance accessibility and convenience. Community engagement and email marketing will foster loyalty and repeat business, while traditional advertising will extend our reach. This multifaceted approach ensures we connect with a wide audience, effectively promoting our unique selling propositions and driving growth.

Operations Plan

Our operational framework is designed for efficiency and quality, with key processes including water reclamation and the use of biodegradable chemicals. Milestones such as the completion of our facility and the full implementation of our water recycling system have been achieved ahead of schedule, demonstrating our operational excellence. Future milestones include expanding our service offerings and further enhancing our eco-friendly practices, ensuring we not only meet but exceed customer expectations while contributing positively to the environment.

Management Team

ShineWorks Car Wash is led by a seasoned team of professionals with extensive experience in business management, environmental sustainability, and customer service. Our leadership’s expertise is instrumental in guiding our strategic direction, operational efficiency, and customer satisfaction initiatives. This strong foundation positions us for successful growth and industry leadership.

Financial Plan

To achieve our growth objectives, ShineWorks Car Wash requires significant investment in technology, eco-friendly equipment, and marketing initiatives. Our financial plan is designed to support these investments, ensuring we can scale our operations, enhance our service offerings, and expand our market presence effectively. This approach will enable us to meet our financial goals and continue our trajectory towards becoming the premier car wash in Huntsville, AL.

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 $1,731,317 $1,874,723 $2,030,006 $2,198,152 $2,380,226
Direct Expenses $733,612 $770,987 $810,265 $851,544 $894,926
Gross Profit $997,705 $1,103,736 $1,219,741 $1,346,608 $1,485,299
Gross Profit (%) 57.6% 58.9% 60.1% 61.3% 62.4%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
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 $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885

 

II. Company Overview

ShineWorks Car Wash is a new and vibrant car wash serving the bustling community of Huntsville, AL. As a local car wash business, we’re proud to fill the gap in the market for high-quality car wash services. Our commitment is to provide unparalleled service that leaves every customer satisfied and their vehicles sparkling clean.

At ShineWorks Car Wash, we offer a comprehensive range of services designed to meet every car owner’s needs. From a Basic Wash that gives your car a fresh look, to thorough Interior Cleaning for a spotless inside, we’ve got you covered. For those seeking an all-around rejuvenation of their vehicle, our Full-Service Detailing is the perfect choice. We also provide an Automated Wash for a quick and efficient clean, alongside Specialized Treatments for those extra touches that make a difference. Our aim is to provide versatile and high-quality options for every customer.

Our base in Huntsville, AL, positions us perfectly to serve the residents of this vibrant city. We understand the local community’s needs and are here to offer top-notch car wash services that Huntsville has long been waiting for.

ShineWorks Car Wash stands out as a beacon of success in the car wash industry for several reasons. Our founder brings invaluable experience from successfully running a previous car wash business, ensuring we have the knowledge and expertise to thrive. Additionally, our interior cleaning services surpass what our competitors offer, and with our wide range of car wash options, we are confident in our ability to meet and exceed our customers’ expectations.

Since opening our doors on January 3, 2024, ShineWorks Car Wash has achieved several milestones. We are officially registered as a S Corporation, a testament to our professional and serious approach to business. Our accomplishments include the creation of a distinctive logo and company name that resonate with our brand’s values and vision. Moreover, we have secured an excellent location that is both convenient and accessible to our customers. These achievements lay a solid foundation for our business and signal the bright future ahead of us.

 

III. Industry Analysis

The Car Wash industry in the United States is a significant market, with an estimated size of over $11 billion in annual revenue. This large market size indicates a high demand for car washing services across the country, presenting a great opportunity for businesses like ShineWorks Car Wash to thrive and capture a portion of this lucrative market.

Furthermore, market research projects a steady growth in the Car Wash industry in the coming years. With an expected annual growth rate of around 3%, the industry is poised to reach even greater heights in the near future. This positive growth forecast suggests that there will be increasing opportunities for car wash businesses to expand and attract more customers, positioning ShineWorks Car Wash for success in the Huntsville, AL area.

Recent trends in the Car Wash industry also bode well for ShineWorks Car Wash. Consumers are increasingly valuing convenience and efficiency when it comes to car maintenance, leading to a rise in demand for express car wash services. Additionally, the growing popularity of eco-friendly practices has opened up opportunities for businesses to offer water-saving and environmentally sustainable car washing solutions. By capitalizing on these trends, ShineWorks Car Wash can differentiate itself in the market and attract a loyal customer base in Huntsville, AL.

 

IV. Customer Analysis

Below is a description of our target customers and their core needs.

Target Customers

At ShineWorks Car Wash, local residents in Huntsville, AL will be our primary target customers. We will provide convenient, high-quality car wash services that cater to the everyday needs of individuals who own or lease vehicles in the area. By focusing on this demographic, we will ensure that our services are aligned with the lifestyle and expectations of the local community.

In addition to local residents, ShineWorks Car Wash will also target business professionals who require regular car maintenance as part of their busy schedules. Our strategic location in Huntsville will be easily accessible for professionals who need efficient and reliable car wash services during their lunch breaks or between meetings. We will offer tailored packages that appeal to this segment, ensuring that their vehicles are always presentable.

ShineWorks Car Wash will also target families who value a clean and well-maintained vehicle for their comfort and safety. We will offer family-friendly service packages designed to accommodate the needs of households with multiple vehicles. With our attention to detail and customer satisfaction, we will make ShineWorks Car Wash a preferred choice for family car care needs in Huntsville.

We will further target eco-conscious customers by offering environmentally friendly car wash options. ShineWorks Car Wash is committed to using sustainable practices and products that minimize environmental impact. By promoting green car wash solutions, we will attract customers who prioritize sustainability and are seeking businesses that reflect their values.

Customer Needs

ShineWorks Car Wash addresses the need for high-quality interior cleaning, catering to residents who desire a spotless and fresh vehicle interior. This service ensures that customers enjoy a pristine driving experience, enhancing their satisfaction and comfort. By focusing on thorough cleaning, ShineWorks meets the demand for meticulous attention to detail that discerning car owners expect.

Efficiency and convenience are also crucial customer needs that ShineWorks fulfills. With streamlined processes and flexible scheduling, customers can fit a comprehensive car wash into their busy routines. This approach not only saves time but also offers peace of mind, knowing their vehicles receive top-notch care without disrupting their day.

Additionally, ShineWorks caters to the growing demand for environmentally friendly services. By utilizing eco-friendly products and water-saving techniques, customers can maintain their vehicles while supporting sustainable practices. This commitment resonates with environmentally conscious consumers who seek to minimize their ecological footprint.

Moreover, ShineWorks provides a personalized customer experience, recognizing the diverse preferences and needs of their clientele. Through attentive service and tailored options, customers feel valued and understood, fostering loyalty and repeat business. This emphasis on personalization ensures that each visit to ShineWorks is a memorable and satisfying experience.

 

V. Competitive Analysis

Direct Competitors

ShineWorks Car Wash’s competitors include the following companies:

Extreme Clean Auto Wash

Extreme Clean Auto Wash is located in Huntsville, AL, and is known for its state-of-the-art automated washing systems. The facility can accommodate multiple vehicles at once, ensuring quick service for its customers. It has established a strong presence in the local market with its convenient location and modern equipment.

Products and services offered include:

  • Express Wash – $8
  • Deluxe Wash – $12
  • Ultimate Wash – $16
  • Unlimited Monthly Wash Plans – starting at $25

Extreme Clean Auto Wash primarily targets busy professionals and families looking for quick and efficient car cleaning services. Their geographical focus is on the Huntsville region, attracting customers from nearby neighborhoods.

Key strengths of Extreme Clean Auto Wash include its advanced washing technology and fast service time. A potential weakness is the limited personalization of services due to the automated nature of their operations.

White’s Handwash & Detail

White’s Handwash & Detail operates in Huntsville, AL, offering meticulous handwashing and detailing services. The business prides itself on attention to detail and personalized care, making it a preferred choice for car enthusiasts. The facility is equipped to handle a moderate volume of cars, ensuring quality service.

Products and services offered include:

  • Basic Hand Wash – $25
  • Interior Detailing – $50
  • Full Detailing Package – $100
  • Wax & Polish Service – $70

White’s Handwash & Detail targets car owners who prioritize detailed handwash and thorough interior cleaning. They serve the Huntsville area and attract clientele who value meticulous service over speed.

The company’s key strengths are its personalized service and high-quality detailing. However, a potential weakness is its higher price point, which might not appeal to budget-conscious customers.

Lee’s Magic Tunnel Car Wash-South

Lee’s Magic Tunnel Car Wash-South is a well-established car wash facility in South Huntsville, AL. It features a high-capacity tunnel wash system that accommodates a large number of vehicles daily. The business is known for its efficient service and competitive pricing.

Products and services offered include:

  • Basic Wash – $6
  • Super Wash – $10
  • Premium Wash – $14
  • Unlimited Wash Club – starting at $20 per month

Lee’s Magic Tunnel Car Wash-South primarily serves customers in South Huntsville and surrounding areas. Its target demographic includes budget-conscious individuals and families seeking value for their money.

Strengths of Lee’s Magic Tunnel Car Wash-South include its affordability and high capacity, making it ideal for high traffic. A potential weakness could be the less personalized nature of service due to its focus on volume.

Competitive Advantages

At ShineWorks Car Wash, we pride ourselves on offering superior interior cleaning services that set us apart from the competition. Our commitment to excellence ensures that every vehicle that comes through our doors leaves with a meticulously cleaned interior. We utilize state-of-the-art equipment and eco-friendly cleaning products to deliver results that our customers can both see and feel. This focus on interior cleaning not only enhances the driving experience for our customers but also helps preserve the value of their vehicles, providing a significant advantage in the competitive car wash industry.

In addition to our exceptional interior cleaning, we offer a wider range of car wash services than our competitors. This comprehensive menu allows us to cater to a diverse customer base with varying needs, from basic exterior washes to intricate detailing packages. By providing this extensive array of services, we ensure that our customers can find exactly what they need, whether it’s a quick wash or a thorough detailing. Furthermore, our commitment to customer satisfaction is evident in our personalized service approach, where we tailor our offerings to meet the unique needs of each client. This customer-centric focus, combined with our superior services, positions us as a leader in the local car wash market.

VI. Marketing Plan

Our marketing plan, included below, details our products/services, pricing and promotions plan.

Products, Services & Pricing

ShineWorks Car Wash offers a comprehensive range of services tailored to meet the needs of car owners looking for quality and convenience. The Basic Wash provides a quick and efficient cleaning solution, ensuring that vehicles are free from dust and grime. This service is affordably priced at around $10, making it accessible for regular upkeep.

For those seeking more thorough care, ShineWorks offers Interior Cleaning services. This option focuses on cleaning and freshening the vehicle’s interior surfaces, including vacuuming and dusting. Customers can expect to pay approximately $30 for this service, which helps maintain a clean and pleasant environment inside their cars.

The Full-Service Detailing is designed for car owners who want their vehicles to look as good as new. This comprehensive package includes both exterior and interior detailing, addressing every aspect of car care. Priced at around $150, this service is ideal for individuals looking to preserve their vehicle’s appearance and value.

For convenience and speed, the Automated Wash offers a modern solution. This service utilizes advanced technology to deliver a thorough wash in a short time. Customers find this option appealing at a price point of about $15, providing a balance between quality and efficiency.

Additionally, ShineWorks provides Specialized Treatments for cars requiring specific care, such as waxing, polishing, or protective coatings. These treatments are tailored to individual needs and typically range in price from $50 to $100, depending on the complexity and materials involved.

Promotions Plan

At ShineWorks Car Wash, we will employ a variety of promotional methods to attract customers and establish ourselves as a preferred choice for car wash services. First and foremost, online marketing will play a crucial role in our promotional strategy. We will utilize social media platforms such as Facebook, Instagram, and Twitter to engage with our audience, share promotional offers, and showcase customer testimonials. By maintaining an active online presence, ShineWorks Car Wash will connect with potential customers and keep them informed about our services and special events.

In addition to online marketing, ShineWorks Car Wash will invest in search engine optimization (SEO) to ensure our website ranks highly in search engine results. This approach will make it easier for customers in Huntsville, AL, to find us when searching for car wash services. Furthermore, we will develop a mobile-friendly website that offers convenient features such as online booking and payment options, enhancing the customer experience and encouraging repeat visits.

Community involvement will also be a cornerstone of our promotional tactics. ShineWorks Car Wash will support local events and charities, helping us build strong relationships within the community. By sponsoring local sports teams or participating in community events, we will increase our visibility and demonstrate our commitment to the local area. These efforts will foster goodwill and encourage residents to choose ShineWorks Car Wash for their car cleaning needs.

Email marketing will be another vital component of our strategy. ShineWorks Car Wash will create an email newsletter to keep customers informed about new services, special promotions, and tips for car maintenance. By offering exclusive discounts to our email subscribers, we will encourage customer loyalty and drive repeat business. Our email campaigns will be personalized and targeted, ensuring they resonate with our audience.

Finally, ShineWorks Car Wash will utilize traditional advertising methods, such as distributing flyers and placing ads in local newspapers and magazines. These promotional materials will highlight our unique services and special offers, reaching potential customers who may not be active online. By combining both digital and traditional marketing techniques, ShineWorks Car Wash will effectively reach a diverse audience and establish a strong presence in Huntsville, AL.

 

VII. Operations Plan

Our Operations Plan details:

  1. The key day-to-day processes that our business performs to serve our customers
  2. The key business milestones that our company expects to accomplish as we grow

 

Key Operational Processes

To ensure the success of ShineWorks Car Wash, there are several key day-to-day operational processes that we will perform:

  • Open the facility on time to ensure availability for early customers and maintain a consistent schedule.
  • Conduct daily inspections of all equipment to ensure everything is in working order and perform routine maintenance as needed.
  • Welcome customers promptly and courteously, offering information on services and packages available.
  • Provide training and support for staff to maintain high standards of service and safety.
  • Ensure cleanliness and organization of the premises, including waiting areas and restrooms, to enhance customer experience.
  • Monitor inventory levels of cleaning supplies and order replenishments in a timely manner to avoid shortages.
  • Utilize a digital or manual scheduling system to efficiently manage customer bookings and walk-in traffic.
  • Process payments accurately and provide receipts, ensuring a smooth and transparent transaction process.
  • Collect and respond to customer feedback to continuously improve service offerings and address any issues.
  • Implement marketing strategies to attract new customers and retain existing ones, such as promotions or loyalty programs.
  • Monitor weather conditions and adjust staffing and operations accordingly to optimize resources.
  • Ensure compliance with local regulations and environmental standards to maintain operational integrity.
  • Conduct end-of-day procedures, including closing the facility securely and preparing financial reports.

Milestones

ShineWorks Car Wash expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure a strategic location with high visibility and traffic flow in Huntsville, AL, to maximize customer reach and convenience.
  • Obtain necessary permits and licenses required for operating a car wash business in compliance with local regulations.
  • Complete construction and installation of car wash equipment and facilities, ensuring they meet industry standards for quality and efficiency.
  • Develop and implement a comprehensive marketing strategy, including online and offline channels, to build brand awareness and attract initial customers.
  • Launch our car wash business with a grand opening event, offering promotions to encourage trial and repeat visits.
  • Hire and train a capable team of employees to deliver excellent customer service and maintain operational efficiency.
  • Establish a system for collecting customer feedback and implementing improvements based on insights gathered to enhance service quality.
  • Reach $15,000/month in revenue by optimizing pricing strategies, expanding customer base, and enhancing service offerings.
  • Foster partnerships with local businesses and community organizations to build a network that supports growth and provides additional revenue streams.
  • Implement a robust customer loyalty program to encourage repeat business and increase customer retention over time.

 

VIII. Management Team

Our management team has the experience and expertise to successfully execute on our business plan.

Management Team Members

ShineWorks Car Wash management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Lucas Reynolds, CEO

Lucas Reynolds brings a wealth of experience to ShineWorks Car Wash as the Chief Executive Officer. With a proven track record, Lucas has successfully run a car wash business in the past, demonstrating his ability to navigate the complexities of the industry. His strategic vision and operational expertise have been instrumental in transforming businesses into market leaders. Lucas’s deep understanding of customer needs and industry trends enables him to drive innovation and ensure that ShineWorks Car Wash remains at the forefront of the car wash service sector. His leadership style focuses on fostering a positive company culture that emphasizes customer satisfaction and continuous improvement.

 

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 $1,731,317 $1,874,723 $2,030,006 $2,198,152 $2,380,226
Direct Expenses $733,612 $770,987 $810,265 $851,544 $894,926
Gross Profit $997,705 $1,103,736 $1,219,741 $1,346,608 $1,485,299
Gross Profit (%) 57.6% 58.9% 60.1% 61.3% 62.4%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
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 $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885

Funding Requirements/Use of Funds

To accomplish our growth goals, ShineWorks Car Wash needs $422,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $100,000
Furniture Fixtures $30,000
Car Wash Equipment $150,000
Computers Office Equipment $15,000
Non Capital Investments
Working Capital $40,000
Initial Rent Lease $12,000
Staff Salaries First 3 Months $40,000
Initial Marketing Advertising $15,000
Initial Supplies $8,000
Insurance $12,000

Financial Projections

financial projection car wash business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $1,731,317 $1,874,723 $2,030,006 $2,198,152 $2,380,226
Total Revenues $1,731,317 $1,874,723 $2,030,006 $2,198,152 $2,380,226
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 $997,705 $1,103,736 $1,219,741 $1,346,608 $1,485,299
GROSS PROFIT % 57.6% 58.9% 60.1% 61.3% 62.4%
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 $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
EBIT $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Interest Expense $0 $0 $0 $0 $0
PRETAX INCOME $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Income Tax Expense $0 $0 $0 $0 $0
NET INCOME $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Net Profit Margin (%) 52% 53.5% 55% 56.4% 57.8%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $1,027,619 $2,031,325 $3,148,001 $4,388,416 $5,764,301
Other Current Assets $0 $0 $0 $0 $0
Total Current Assets $1,027,619 $2,031,325 $3,148,001 $4,388,416 $5,764,301
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $295,000 $295,000 $295,000 $295,000 $295,000
Accum Depreciation $0 $0 $0 $0 $0
Net fixed assets $295,000 $295,000 $295,000 $295,000 $295,000
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,322,619 $2,326,325 $3,443,001 $4,683,416 $6,059,301
LIABILITIES & EQUITY
Current Liabilities $0 $0 $0 $0 $0
Debt outstanding $422,000 $422,000 $422,000 $422,000 $422,000
Total Liabilities $422,000 $422,000 $422,000 $422,000 $422,000
Share Capital $0 $0 $0 $0 $0
Retained earnings $900,619 $1,904,325 $3,021,001 $4,261,416 $5,637,301
Total Equity $900,619 $1,904,325 $3,021,001 $4,261,416 $5,637,301
TOTAL LIABILITIES & EQUITY $1,322,619 $2,326,325 $3,443,001 $4,683,416 $6,059,301

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
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 $900,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
CASH FLOW FROM INVESTMENTS
Fixed Assets ($295,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($295,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $422,000 $0 $0 $0 $0
Net Cash Flow from Financing $422,000 $0 $0 $0 $0
Net Cash Flow $1,027,619 $1,003,705 $1,116,676 $1,240,415 $1,375,885
Cash at Beginning of Period $0 $1,027,619 $2,031,325 $3,148,001 $4,388,416
$1,027,619 $2,031,325 $3,148,001 $4,388,416 $5,764,301
Dave Lavinsky
Over the past 25 years, Dave Lavinsky, Founder of PlanPros has helped over 1 million entrepreneurs develop business plans.
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