Cargo Van Business Plan
Below is our cargo van business plan template and sample plan created using what we consider the best free AI business plan generator.
I. Executive Summary
Company Overview
As a pioneering cargo van business based in Ithaca, NY, SwiftVan Logistics is set to redefine the local logistics landscape by offering high-quality, comprehensive van services. Recognizing a gap in the market for superior local cargo van services, our company is positioned to meet this demand with a wide array of offerings. Our services encompass Van Rentals, Logistics Support, Customization Services, Maintenance and Repairs, and Fleet Management, all designed to provide a seamless experience for our customers. Our strategic location in Ithaca, NY, coupled with our commitment to excellence and deep understanding of the local market, positions us as the preferred provider for cargo van services in the area.
Success Factors
SwiftVan Logistics is primed for success, thanks to our founder’s vast experience in the cargo van industry and our unwavering commitment to surpassing our competitors in quality and service range. Our accomplishments since our inception on January 8, 2024, include developing a brand identity that reflects our swift and efficient service ethos, securing a strategic location in Ithaca, NY, and laying a solid operational foundation. These achievements pave the way for our future growth and success, establishing us as a strong player in the logistics market.
Industry Analysis
The Cargo Van industry in the United States, currently valued at approximately $10 billion, is on an upward trajectory, driven by the surge in e-commerce and the increasing demand for last-mile delivery services. Expected to grow at a 5% annual rate, the industry’s expansion is fueled by the rise in online shopping, the need for faster delivery times, and urbanization. SwiftVan Logistics is perfectly poised to capitalize on industry trends such as sustainability and technological integration for route optimization. Our focus on eco-friendly and technologically advanced solutions will distinguish us in the Ithaca, NY market, catering to customers seeking reliable and environmentally conscious delivery services.
Customer Analysis
SwiftVan Logistics targets a diverse customer base in Ithaca, NY, including local residents in need of reliable moving services, small businesses seeking dependable logistics solutions, academic institutions, and students requiring moving services at term start and end, as well as event planners looking for scalable transportation options. Our comprehensive approach to customer service, offering flexibility, competitive pricing, and a tailored experience, positions us as the preferred choice for a wide range of logistics needs in the local community.
Competitive Analysis
Our main competitors are Reliable Movers, U-Pack Moving, and Big Strong Back, each offering a range of moving and logistics services. SwiftVan Logistics distinguishes itself by providing superior van rentals and a broader array of services, catering to a wider market segment. Our commitment to customer satisfaction, flexible rental options, and competitive pricing, along with our focus on technology and customization, sets us apart, making us the preferred choice for cargo van services in Ithaca, NY.
Marketing Plan
SwiftVan Logistics offers a diverse range of services, from flexible van rentals to comprehensive logistics support, customization, maintenance, and fleet management. Our pricing strategy is designed to offer value and flexibility to our customers, ensuring cost-effectiveness for both short-term and long-term needs. Our promotional strategy leverages a mix of online marketing, direct marketing, community engagement, and exceptional service to build brand awareness and customer loyalty in Ithaca, NY. By focusing on engaging content, strategic partnerships, and community involvement, we aim to establish a strong market presence and become the go-to cargo van service provider in the area.
Operations Plan
To ensure seamless operations, SwiftVan Logistics will conduct daily vehicle inspections, manage efficient pickups and deliveries, maintain proactive communication with drivers, and utilize technology for tracking and logistics management. Our operational milestones include securing initial funding, acquiring and outfitting cargo vans, obtaining necessary licenses, hiring and training staff, and launching targeted marketing campaigns. These steps are crucial for operational efficiency, customer satisfaction, and achieving our revenue target of $15,000/month, setting the stage for long-term growth and success.
Management Team
Under the leadership of President Isabella King, SwiftVan Logistics boasts a management team with profound experience and expertise in the logistics sector. Isabella’s previous success in running a cargo van business and her strategic vision equip our team with the necessary skills to navigate market challenges and capitalize on opportunities, driving growth and operational excellence.
Financial Plan
To achieve our growth objectives, SwiftVan Logistics requires $363,000 in funding. This capital will be allocated towards significant investments in vehicle acquisition, location buildout, and operational infrastructure, as well as covering initial operating expenses such as staff salaries, marketing, and insurance. These investments are essential for launching our operations, establishing our market presence, and ensuring the long-term success of our business.
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 | $1,978,649 | $2,142,540 | $2,320,007 | $2,512,174 | $2,720,258 |
Direct Expenses | $917,016 | $963,733 | $1,012,831 | $1,064,430 | $1,118,658 |
Gross Profit | $1,061,633 | $1,178,807 | $1,307,176 | $1,447,744 | $1,601,600 |
Gross Profit (%) | 53.7% | 55% | 56.3% | 57.6% | 58.9% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 |
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 | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 |
II. Company Overview
SwiftVan Logistics is a new Cargo Van serving customers in Ithaca, NY. We are a local cargo van business. There are no high-quality local cargo van businesses in the area, which positions us uniquely to cater to the needs of our community with unparalleled service and dedication.
At SwiftVan Logistics, we pride ourselves on offering a comprehensive suite of services designed to meet the varied needs of our customers. Our offerings include Van Rentals, providing a range of vans to suit different needs and budgets; Logistics Support, ensuring that our clients’ goods are transported efficiently and safely; Customization Services, allowing our customers to tailor the vans to their specific requirements; Maintenance and Repairs, ensuring that all vehicles in our fleet are kept in top condition; and Fleet Management, helping businesses manage their cargo van fleets effectively. These services are all aimed at providing a seamless and hassle-free experience for our clients.
Based in Ithaca, NY, we are strategically located to serve customers within this vibrant community. Our deep understanding of the local market dynamics, coupled with our commitment to service excellence, makes us the go-to provider for cargo van services in Ithaca and the surrounding areas.
SwiftVan Logistics is uniquely qualified to succeed for several reasons. Our founder brings invaluable experience from previously running a successful cargo van business. This experience has ingrained in us a deep understanding of the industry, customer needs, and operational excellence. Furthermore, our dedication to offering better van rentals and a more comprehensive range of cargo van services than our competitors sets us apart in the market. These factors, combined with our commitment to quality and customer satisfaction, form the cornerstone of our business strategy.
Since our establishment on January 8, 2024, as a Sole Proprietorship, we have achieved several key milestones. We’ve designed our logo, which encapsulates our brand’s ethos and commitment to swift and efficient service. The development of our company name, SwiftVan Logistics, reflects our core business and strategic focus on providing fast and reliable logistics solutions. Moreover, finding a great location in Ithaca, NY, has been instrumental in positioning us closer to our customers and ensuring we are accessible. These accomplishments, though early in our journey, are foundational to our brand’s identity and operational setup, setting the stage for future growth and success.
III. Industry Analysis
The Cargo Van 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, fueled by the increasing demand for last-mile delivery services and the rise of e-commerce. With the convenience and flexibility that cargo vans offer, more businesses are turning to them for their transportation needs.
Market research projects that the Cargo Van industry in the United States is expected to continue growing at a rate of 5% annually. This growth can be attributed to factors such as the expansion of online shopping, the need for quicker delivery times, and the overall increase in urbanization. As more businesses look for cost-effective and efficient ways to transport goods, the Cargo Van industry is poised for further expansion.
Trends in the Cargo Van industry, such as the emphasis on sustainability and the integration of technology for route optimization, bode well for SwiftVan Logistics. As a new Cargo Van service provider in Ithaca, NY, SwiftVan Logistics can capitalize on these trends to differentiate themselves in the market. By offering eco-friendly transportation solutions and utilizing cutting-edge technology, SwiftVan Logistics can attract customers looking for reliable and environmentally conscious delivery services.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
SwiftVan Logistics will primarily target local residents who require a reliable and efficient cargo van service for moving personal belongings, furniture, and other household items within Ithaca, NY. Our services will appeal to individuals relocating within the city or surrounding areas, offering them the convenience and peace of mind they desire. By providing a seamless and customer-friendly experience, SwiftVan Logistics will establish itself as the go-to choice for residential moving services.
In addition to local residents, SwiftVan Logistics will also target small businesses that need a dependable logistics partner for transporting goods and products. We will focus on supporting local retailers, artisans, and service providers who require timely delivery services to meet their customer demands. By offering flexible scheduling and competitive pricing, SwiftVan Logistics will become an integral part of the local business community.
SwiftVan Logistics will also engage with academic institutions and students in Ithaca, where the demand for efficient moving services is high during the start and end of academic terms. We will offer specialized packages tailored to meet the needs of students moving into dorms or off-campus housing. By understanding and addressing the specific requirements of this segment, SwiftVan Logistics will build strong relationships with Ithaca’s educational sector.
Furthermore, SwiftVan Logistics will target event planners and organizers who require reliable and timely transportation of equipment and supplies for various events and functions. Our ability to provide scalable solutions for both small and large events will ensure that we become a trusted partner in Ithaca’s vibrant event industry. By delivering exceptional service, SwiftVan Logistics will secure its position as a leader in the local logistics market.
Customer Needs
SwiftVan Logistics meets the demand for high-quality van rentals among residents who require reliable transportation solutions. Customers can expect well-maintained vehicles that ensure safety and efficiency in their transport needs. This service addresses the specific requirements of individuals and businesses looking for trustworthy and professional logistics support.
In addition to vehicle quality, flexibility in rental options is a significant need that SwiftVan Logistics accommodates. Customers appreciate the ability to choose from various rental durations and vehicle sizes to match their specific project or personal needs. This adaptability helps in managing costs effectively while providing the convenience necessary for diverse logistical operations.
SwiftVan Logistics excels in customer service, providing a seamless booking process and responsive support for any inquiries or issues. Clients value clear communication and the peace of mind that comes from knowing they are supported by a team that prioritizes their satisfaction. The emphasis on customer care ensures a positive experience and fosters trust and repeat business.
Furthermore, the strategic location in Ithaca enhances the accessibility and convenience for local businesses and residents. SwiftVan Logistics fulfills the need for a local service provider that understands the dynamics and logistics challenges of the community. This local focus not only supports efficient service delivery but also strengthens community ties by contributing to the local economy.
V. Competitive Analysis
Direct Competitors
SwiftVan Logistics’s competitors include the following companies:
Reliable Movers
Reliable Movers is based in Ithaca, NY, and specializes in local and long-distance moving services. Their operations are equipped to handle a range of moving needs, from small apartments to larger homes. Reliable Movers boasts a fleet that can manage both residential and commercial moves, providing a versatile option for different capacity requirements.
The company offers various services at competitive price points, including:
- Local moving services starting at $75 per hour
- Long-distance moving with custom pricing based on distance and volume
- Packing and unpacking services available upon request
Reliable Movers primarily targets residential customers within and around Ithaca, NY, but they also accommodate long-distance moves. They focus on people transitioning between homes or relocating for work.
Key strengths include their experienced team and dedication to customer satisfaction, reflected in positive customer reviews. However, a potential weakness is that their pricing can become costly for larger, long-distance moves.
U-Pack Moving
U-Pack Moving is a nationwide moving service known for its flexibility and affordability. While they do not have a physical location in Ithaca, NY, they serve the area through their extensive network of service centers and moving terminals. U-Pack specializes in long-distance, self-moving solutions, allowing customers to only pay for the space they use.
The services offered by U-Pack include:
- Relocube container rental for $149 per container
- Trailer space rental with pricing based on linear feet used
- Loading and unloading assistance available for an additional fee
U-Pack primarily targets cost-conscious customers who prefer a DIY approach to moving. They serve customers across the United States, including those relocating to or from Ithaca, NY.
A major strength of U-Pack is its transparent pricing and flexibility, allowing customers to control costs. However, the DIY aspect may not appeal to those seeking full-service moving solutions.
Big Strong Back
Big Strong Back is a moving and labor service based in Ithaca, NY. They offer a range of services tailored to meet the needs of local residents and businesses. Known for their strong, dependable workforce, they handle moves of varying sizes with efficiency and care.
The company’s offerings include:
- Hourly labor services for $50 per mover per hour
- Packing and unpacking services at an additional cost
- Specialized moving services for pianos and large items
Big Strong Back primarily serves residential and small business customers in Ithaca and surrounding areas. Their services are particularly attractive to those needing reliable labor support for moves within the local region.
The strengths of Big Strong Back include their local expertise and strong team of movers. However, they may have limitations in handling long-distance moves due to a more localized focus and resource allocation.
Competitive Advantages
SwiftVan Logistics distinguishes itself in the competitive landscape by offering superior van rentals compared to our competitors. Our fleet is meticulously maintained, ensuring reliability and safety for all cargo transportation needs. This commitment to quality service means that customers can trust us to deliver on time, every time, which is crucial for businesses relying on timely logistics. Furthermore, we prioritize customer satisfaction by providing flexible rental options and competitive pricing, which enhances our value proposition. This attention to detail and customer-centric approach creates a strong bond with our clients, making us their preferred choice for cargo van services.
In addition to our superior rental services, we also offer an extensive range of cargo van services that cater to the diverse needs of our clientele. Our ability to customize solutions for different logistic requirements sets us apart from the competition. This adaptability allows us to serve a broader market segment, from small businesses to larger enterprises with complex logistics needs. Moreover, we continually invest in technology and training, ensuring our team is well-equipped to handle any logistic challenges efficiently. These strategic advantages ensure that SwiftVan Logistics remains at the forefront of the logistics industry in Ithaca, delivering exceptional service and fostering long-term partnerships with our customers.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
SwiftVan Logistics offers a variety of products and services tailored to meet the diverse needs of its customers. Van Rentals are a core offering, providing businesses and individuals with flexible and reliable transportation solutions. Customers can rent cargo vans on a daily, weekly, or monthly basis, with prices averaging around $75 per day. This flexibility allows clients to choose rental durations that best suit their logistical needs, making it a cost-effective option for both short-term and long-term projects.
In addition to rentals, SwiftVan Logistics provides comprehensive Logistics Support to assist businesses in optimizing their supply chain operations. This service includes route planning, load optimization, and timely delivery tracking. The average cost for logistics support services is approximately $500 per month, which can vary based on the complexity and scale of the operations involved. This service ensures that clients can streamline their distribution processes and improve overall efficiency.
Customization Services are available for clients who require specific modifications to their cargo vans to better serve their unique business requirements. This service includes interior van shelving, custom branding, and other bespoke alterations. Prices for customization services start at $300, depending on the extent and nature of the modifications requested. SwiftVan Logistics works closely with clients to deliver tailored solutions that enhance the utility and functionality of their rented vehicles.
SwiftVan Logistics also offers Maintenance and Repairs to ensure that all vehicles remain in top condition. This service is crucial for minimizing downtime and maintaining the reliability of the fleet. Routine maintenance packages start at $100 per service, with repair costs varying based on the nature of the issue and the parts required. By providing these services, SwiftVan Logistics helps clients maintain operational continuity and avoid unexpected disruptions.
Fleet Management services are designed for businesses with larger transportation needs, offering them the ability to efficiently oversee and coordinate their entire fleet of vehicles. This includes real-time tracking, usage analysis, and maintenance scheduling. The average price for fleet management services is around $1,000 per month, which is structured to provide comprehensive oversight and enhanced operational control. These services enable businesses to optimize their fleet utilization and reduce costs associated with vehicle operations.
Promotions Plan
SwiftVan Logistics is committed to establishing a strong presence in the market by implementing a robust promotional strategy. We will employ online marketing as a primary tool to reach our audience in the digital era. By leveraging social media platforms, search engine optimization, and targeted online ads, SwiftVan Logistics will connect with potential customers effectively. Our focus will be on creating engaging content that highlights our unique services and builds a loyal customer base.
In addition to online marketing, SwiftVan Logistics will implement direct marketing tactics to engage with our target audience. We will distribute flyers, brochures, and promotional materials in strategic locations around Ithaca, NY, ensuring that our message reaches local businesses and residents. By offering introductory discounts and special offers, SwiftVan Logistics will incentivize customers to try our services.
SwiftVan Logistics will also participate in community events and business networking opportunities to enhance brand visibility. By sponsoring local events and collaborating with other businesses, we will strengthen our community presence and establish valuable connections. These efforts will help SwiftVan Logistics build trust and credibility with potential clients.
Additionally, SwiftVan Logistics will maintain a customer-centric approach by providing exceptional service and encouraging word-of-mouth referrals. We will actively seek feedback from our clients to continuously improve our services and customer experience. By prioritizing customer satisfaction, SwiftVan Logistics will foster long-term relationships and generate positive word-of-mouth marketing.
Overall, SwiftVan Logistics is dedicated to employing a comprehensive promotional strategy that combines online marketing, direct marketing, community engagement, and exceptional service. These efforts will attract customers and position us as a reliable cargo van service provider in Ithaca, NY.
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 SwiftVan Logistics, there are several key day-to-day operational processes that we will perform:
- Conduct daily vehicle inspections and maintenance checks to ensure cargo vans are in optimal condition for service.
- Schedule and manage pickups and deliveries efficiently, optimizing routes for time and cost savings.
- Maintain a robust communication system with drivers to provide real-time updates and address any logistical challenges promptly.
- Handle customer inquiries and bookings through a dedicated customer service team to provide timely responses and solutions.
- Implement a tracking system for cargo to allow customers to monitor the status and location of their shipments.
- Coordinate with local businesses and suppliers to establish partnerships and streamline supply chain operations.
- Ensure compliance with local and federal transportation regulations to avoid legal issues and ensure safety standards.
- Manage inventory and supplies needed for vehicle maintenance and office operations to prevent disruptions.
- Prepare daily operational reports to monitor performance metrics, identify areas for improvement, and ensure accountability.
- Facilitate regular training and development sessions for staff to keep them updated on industry best practices and company policies.
- Utilize technology and software solutions to automate processes where possible, enhancing efficiency and service quality.
- Engage in marketing and outreach efforts to build brand awareness and attract new customers in the Ithaca area.
- Review and update scheduling and routing strategies based on customer feedback and operational data to improve service delivery.
- Maintain a clean and organized warehouse or storage area for efficient loading and unloading of cargo.
- Monitor financial transactions, including invoicing and payments, to ensure accurate accounting and cash flow management.
Milestones
SwiftVan Logistics expects to complete the following milestones in the coming months in order to ensure its success:
- Secure Initial Funding: Obtain necessary capital through loans, grants, or investors to support initial operations, vehicle acquisition, and marketing efforts.
- Acquire and Outfit Cargo Vans: Purchase or lease a fleet of reliable cargo vans, ensuring they are equipped with necessary technology and safety features to meet operational needs.
- Obtain Required Licenses and Permits: Complete all legal requirements including business registration, vehicle permits, and insurance to operate legally in Ithaca, NY.
- Hire and Train Key Staff: Recruit skilled drivers and support staff, and provide comprehensive training on safety protocols, customer service, and logistics management.
- Establish Partnerships: Form strategic partnerships with local businesses, suppliers, and logistics platforms to ensure a steady stream of customers and business opportunities.
- Launch Cargo Van Business: Initiate operations with a targeted marketing campaign to attract initial customers and begin service delivery.
- Implement Technology Solutions: Deploy logistics management software for efficient route planning, real-time tracking, and customer interface to enhance service delivery.
- Achieve Revenue Target: Focus on reaching a revenue milestone of $15,000/month by expanding customer base and optimizing service offers to meet market demand.
- Optimize Operations: Continuously improve operational processes to increase efficiency, reduce costs, and enhance customer satisfaction to support long-term growth.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
SwiftVan Logistics management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Isabella King, President
Isabella King brings a track record of success to SwiftVan Logistics, having previously run a successful cargo van business. Her leadership skills and strategic vision have been instrumental in driving growth and operational excellence in her previous ventures. Isabella’s experience in the logistics sector equips her with a deep understanding of industry dynamics, enabling SwiftVan Logistics to navigate challenges and seize opportunities for sustainable growth.
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 | $1,978,649 | $2,142,540 | $2,320,007 | $2,512,174 | $2,720,258 |
Direct Expenses | $917,016 | $963,733 | $1,012,831 | $1,064,430 | $1,118,658 |
Gross Profit | $1,061,633 | $1,178,807 | $1,307,176 | $1,447,744 | $1,601,600 |
Gross Profit (%) | 53.7% | 55% | 56.3% | 57.6% | 58.9% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 |
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 | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 |
Funding Requirements/Use of Funds
To accomplish our growth goals, SwiftVan Logistics needs $363,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $50,000 |
Furniture Fixtures | $20,000 |
Cargo Vans Purchase | $100,000 |
Computers Office Equipment | $15,000 |
Non Capital Investments | |
---|---|
Working Capital | $70,000 |
Initial Rent Lease | $18,000 |
Staff Salaries First 3 Months | $45,000 |
Initial Marketing Advertising | $25,000 |
Initial Supplies | $8,000 |
Insurance | $12,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $1,978,649 | $2,142,540 | $2,320,007 | $2,512,174 | $2,720,258 | |
Total Revenues | $1,978,649 | $2,142,540 | $2,320,007 | $2,512,174 | $2,720,258 | |
Direct Costs | ||||||
Direct Costs | $917,016 | $963,733 | $1,012,831 | $1,064,430 | $1,118,658 | |
Total Direct Costs | $917,016 | $963,733 | $1,012,831 | $1,064,430 | $1,118,658 | |
GROSS PROFIT | $1,061,633 | $1,178,807 | $1,307,176 | $1,447,744 | $1,601,600 | |
GROSS PROFIT % | 53.7% | 55% | 56.3% | 57.6% | 58.9% | |
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 | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | |
PRETAX INCOME | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Income Tax Expense | $0 | $0 | $0 | $0 | $0 | |
NET INCOME | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Net Profit Margin (%) | 48.7% | 50.4% | 51.9% | 53.4% | 54.9% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $1,142,547 | $2,221,323 | $3,425,434 | $4,766,986 | $6,259,171 | |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | |
Total Current Assets | $1,142,547 | $2,221,323 | $3,425,434 | $4,766,986 | $6,259,171 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | |
Accum Depreciation | $0 | $0 | $0 | $0 | $0 | |
Net fixed assets | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,327,547 | $2,406,323 | $3,610,434 | $4,951,986 | $6,444,171 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $0 | $0 | $0 | $0 | $0 | |
Debt outstanding | $363,000 | $363,000 | $363,000 | $363,000 | $363,000 | |
Total Liabilities | $363,000 | $363,000 | $363,000 | $363,000 | $363,000 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $964,547 | $2,043,323 | $3,247,434 | $4,588,986 | $6,081,171 | |
Total Equity | $964,547 | $2,043,323 | $3,247,434 | $4,588,986 | $6,081,171 | |
TOTAL LIABILITIES & EQUITY | $1,327,547 | $2,406,323 | $3,610,434 | $4,951,986 | $6,444,171 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
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 | $964,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($185,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($185,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $363,000 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Financing | $363,000 | $0 | $0 | $0 | $0 | |
Net Cash Flow | $1,142,547 | $1,078,776 | $1,204,110 | $1,341,551 | $1,492,185 | |
Cash at Beginning of Period | $0 | $1,142,547 | $2,221,323 | $3,425,434 | $4,766,986 | |
$1,142,547 | $2,221,323 | $3,425,434 | $4,766,986 | $6,259,171 |