Cemetery Business Plan
Below is our cemetery business plan template and sample plan created using our free ai business plan generator.
I. Executive Summary
Company Overview
At EternalRest Memorial Park, we offer a serene and dignified final resting place in the beautiful Rochester area. We provide peace of mind and a tranquil environment where memories of loved ones can be cherished. Our meticulously landscaped park is not just a cemetery; it is a sanctuary for reflection and remembrance. Understanding the unique needs of each family, we offer personalized monuments and pre-planning services to ensure that their wishes are fulfilled and the burden on families during difficult times is alleviated. Our commitment to excellence in service and the care we provide distinguishes us as a trusted member of our community.
Success Factors
Our success stems from our ability to provide a beautiful, easily accessible location paired with a wide range of memorial services. We have achieved recognition through our personalized approach to monuments, comprehensive pre-planning, and compassionate support. We also lead in innovation, integrating digital tributes and interactive markers that resonate with families seeking modern memorialization methods. Our active community engagement through events and memorials further solidifies our bond with the families we serve, establishing us as a central figure in Rochester’s life celebration and remembrance community.
Industry Analysis
The death care industry is an essential service sector, remaining stable despite economic fluctuations. We exist within a market that is experiencing a gradual shift towards personalized and non-traditional memorial services. Environmental concerns are influencing the rise of green burials, while technological advancements are introducing new ways to memorialize loved ones. As the baby boomer generation ages, the industry forecasts an increase in demand for burial services, making this an opportune time for our park to expand and innovate within the Rochester region.
Customer Analysis
Our customer base is diverse, encompassing various demographics, religious backgrounds, and personal preferences for memorialization. We cater to families and individuals seeking a final resting place that offers not just traditional burial options but also personalized and meaningful experiences. Our services are designed to meet the needs of those who value a serene environment and those who are considering pre-planning for end-of-life arrangements. By understanding and respecting the unique wishes of each customer, we ensure that every experience at EternalRest Memorial Park is comforting and dignified.
Competitive Analysis
Direct Competitors:
- Green Meadows Cemetery: A traditional cemetery offering standard burial options.
- Sunrise Funeral Home & Memorial Park: Provides funeral services and burial plots.
- Tranquil Gardens Crematorium: Specializes in cremation services and memorials.
Our competitive advantage lies in our prime location, comprehensive service range, and commitment to innovation and community engagement. We offer modern memorialization methods, such as digital tributes and interactive grave markers, that set us apart from competitors. Our dedication to compassionate support and active participation in community events establishes EternalRest Memorial Park as a preferred choice for those in Rochester seeking a peaceful and respectful memorial experience.
Marketing Plan
At EternalRest Memorial Park, our marketing plan is built around a diverse range of products, services, and pricing strategies to cater to the needs of our customers. We offer traditional burial plots, cremation services, personalized monuments, and innovative digital tributes, ensuring that our pricing is competitive yet reflective of the high-quality service we provide. Our promotions plan employs a multi-faceted approach, combining online marketing, community involvement, referral programs, print and broadcast advertising, direct mail campaigns, and a strong focus on customer service excellence. We aim to reach out to families in a respectful manner, ensuring that our park is considered a premier choice for memorial needs in Rochester.
Operations Plan
Our operations plan focuses on delivering exceptional service through key operational processes that include grounds maintenance, customer service, and event coordination. We maintain high standards to ensure our park remains a beautiful and peaceful environment. Milestones to be accomplished include the expansion of our digital tribute services, the development of new sections of the park for green burials, and the implementation of advanced customer relationship management systems. These milestones will enhance our service offerings and improve the overall experience for families who choose EternalRest Memorial Park.
Management Team
The management team at EternalRest Memorial Park is composed of seasoned professionals with extensive experience in the death care industry. Our members bring a wealth of knowledge in cemetery management, grief counseling, business operations, and customer service. As a team, we are committed to upholding the highest standards of care and respect for the families we serve, while ensuring the sustainable growth and success of our park. We take pride in our collective expertise and our shared vision of providing a peaceful and dignified resting place for the community.
Financial Plan
To achieve our growth goals and enhance our service offerings, EternalRest Memorial Park requires additional funding. This capital will be allocated towards expanding our memorial options, integrating innovative technologies, and improving our facilities. Investment in these areas will allow us to meet the evolving needs of our customers, maintain our competitive edge, and continue to provide exceptional service in the death care industry. With the right financial support, we are poised to solidify our position as the leading memorial park in Rochester.
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 | $4,946,622 | $5,356,352 | $5,800,019 | $6,280,436 | $6,800,646 |
| Direct Expenses | $3,056,720 | $3,212,445 | $3,376,104 | $3,548,101 | $3,728,861 |
| Gross Profit | $1,889,902 | $2,143,906 | $2,423,914 | $2,732,334 | $3,071,785 |
| Gross Profit (%) | 38.2% | 40% | 41.8% | 43.5% | 45.2% |
| Other Expenses | $103,153 | $106,282 | $109,507 | $112,829 | $116,252 |
| EBITDA | $1,786,749 | $2,037,623 | $2,314,407 | $2,619,505 | $2,955,532 |
| Depreciation | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 |
| Amortization | $0 | $0 | $0 | $0 | $0 |
| Interest Expense | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 |
| Income Tax Expense | $534,712 | $622,518 | $719,392 | $826,176 | $943,786 |
| Net Income | $993,037 | $1,156,105 | $1,336,014 | $1,534,328 | $1,752,745 |
II. Company Overview
Products & Services
Understanding the importance of preserving memories, we at EternalRest Memorial Park offer a range of products and services to cater to the varying needs and preferences of our clients. Our selection includes high-quality cremation urns for those who prefer cremation, a variety of caskets that cater to different tastes and budgets, and an array of monuments and memorialization options to create a lasting tribute to your loved ones. We are here to support you through every step of this important process.
Our Location
EternalRest Memorial Park is situated in the heart of Rochester, NY, making it accessible to the local community. Our location was carefully chosen to provide convenience to our customers, ensuring that the memory of their loved ones is always within reach.
Success Factors
Our confidence in the success of EternalRest Memorial Park stems from several key factors. Our founder brings invaluable experience from running a successful cemetery in the past, ensuring that we understand the nuances of this sensitive business. Moreover, our location and services are unparalleled in the area, setting us apart from other cemeteries and providing a unique offering to our customers.
History, Legal Structure & Accomplishments
Since our inception on January 5, 2024, EternalRest Memorial Park has been structured as a Limited Liability Company, combining the flexibility of a partnership with the liability protection of a corporation. Our journey began with the creation of a distinctive logo and the development of our company name, which resonates with the peace and perpetuity we offer. We also take pride in having secured a prime location that enhances our ability to serve the Rochester community. These accomplishments mark the first steps in our commitment to becoming a cornerstone in the community for remembrance and reflection.
III. Industry Analysis
Market projections suggest that the cemetery industry in the United States will witness positive growth in the foreseeable future. Factors such as an aging population and increasing awareness about pre-planning burial arrangements contribute to the expected market growth. As individuals become more conscious of end-of-life planning, the demand for cemetery services is anticipated to rise. This presents a promising opportunity for EternalRest Memorial Park, a new cemetery serving customers in Rochester, NY, to establish itself and cater to the growing needs of the community.
Trends in the cemetery industry align favorably with the goals and offerings of EternalRest Memorial Park. One notable trend is the shift towards personalized memorial services and unique burial options. Modern consumers seek more than a traditional burial plot; they desire a personalized experience that reflects the life and preferences of their loved ones. EternalRest Memorial Park can capitalize on this trend by offering customizable memorial options and innovative burial arrangements, providing a unique and meaningful experience for its customers. By staying attuned to industry trends and adapting to evolving customer preferences, EternalRest Memorial Park can position itself as a leading provider in the Rochester, NY, cemetery market.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
EternalRest Memorial Park will target local residents who are seeking a final resting place for themselves or their loved ones. This primary customer base is comprised of individuals planning for future needs and families who have recently lost a member. The park will offer a range of options to cater to the diverse preferences and financial capabilities within the community.
The memorial park will also serve a niche segment of customers interested in environmentally friendly burial options. Eco-conscious individuals will find solace in the park’s commitment to sustainable practices. EternalRest will tailor its services to provide natural burial options that attract this growing demographic.
Additionally, EternalRest Memorial Park will cater to the needs of the veterans’ community in Rochester. Special sections and memorial features dedicated to those who have served in the armed forces will be a part of the park’s layout. This focus will not only honor the service of veterans but will also fulfill the specific commemorative desires of this customer segment.
Religious and cultural groups within Rochester will find EternalRest Memorial Park accommodating to their burial rituals and traditions. The park will have distinct sections and offerings that respect the burial customs of various faiths. This inclusivity will position the park as a preferred choice for diverse communities seeking a resting place that aligns with their cultural values.
Customer Needs
EternalRest Memorial Park understands the profound need for a dignified final resting place that honors the memory of loved ones. Customers can expect high-quality cemetery grounds that provide a serene and beautifully maintained environment for reflection and remembrance. The park ensures that every detail is handled with care, offering peace of mind to families during a difficult time.
Recognizing the diverse needs of the Rochester community, EternalRest Memorial Park offers a variety of interment options, including traditional burial plots, mausoleum entombments, and cremation services. Customers have the flexibility to choose a memorial that aligns with their personal, cultural, or religious preferences. Additionally, the park can accommodate pre-planning arrangements, allowing individuals to make thoughtful decisions about their own memorials in advance.
Convenience and accessibility are key concerns for visitors, and EternalRest Memorial Park addresses these needs by maintaining a well-structured facility. The park is designed with navigable pathways and clear signage, ensuring that guests can find their way with ease. For those seeking support and guidance, the compassionate staff are readily available to provide assistance and answer any questions related to cemetery services or maintenance.
V. Competitive Analysis
Direct Competitors
EternalRest Memorial Park’s competitors include the following companies:
Mount Hope Cemetery
Mount Hope Cemetery offers a variety of burial options, including traditional ground burials, mausoleum entombments, and cremation services with options for niche or ground interment. Their price points vary depending on the choice of service and location within the cemetery. Mount Hope Cemetery is known for its historic significance and extensive 196-acre landscape, making it a choice for those who appreciate historical and natural beauty.
Mount Hope Cemetery serves a diverse customer segment, including all religious and cultural backgrounds, and is located within Rochester, NY. They also offer specialized areas, such as a veterans’ plot and a garden for infants. The cemetery’s key strengths include a well-maintained environment and a rich historical setting; however, some may find the older sections less pristine compared to newer cemeteries.
Riverside Cemetery
Riverside Cemetery provides traditional burial plots, cremation services with options for urn placement, and has a mausoleum. Their pricing structures are competitive and cater to various budgetary needs. They are known for their scenic views of the Genesee River, contributing to a peaceful atmosphere for visitors and loved ones.
Riverside Cemetery’s location in Rochester, NY, allows it to serve the local community and nearby regions. They attract a broad spectrum of customers, including individuals seeking a serene riverside setting for their final resting place. Riverside’s key strengths lie in its picturesque location and attentive groundskeeping; however, their facilities may not be as modern as some newer competitors.
Hanford’s Landing Cemetery
Hanford’s Landing Cemetery offers ground burial options and cremation services, including columbarium niches. The cemetery has a range of price points tailored to meet different financial situations. Although smaller in size, Hanford’s Landing Cemetery is appreciated for its intimate and personal approach to services.
Located near the water, Hanford’s Landing Cemetery serves primarily the local Rochester community, focusing on personalized services for families and individuals. The cemetery’s strengths include its commitment to personal attention and its tranquil setting. Weaknesses may stem from its limited size, which could affect future availability and a range of options compared to larger cemeteries.
Competitive Advantages
At EternalRest Memorial Park, we understand the importance of location when it comes to honoring and commemorating loved ones. Nestled in a serene and easily accessible part of the community, our park provides a tranquil final resting place that offers convenience for visiting family members and friends. We pride ourselves on maintaining a beautifully landscaped environment that promotes peace and reflection. Moreover, our range of services surpasses that of neighboring cemeteries, as we cater to a variety of memorial needs, including personalized monuments, and offer comprehensive pre-planning assistance to ensure wishes are respected and families are comforted during difficult times.
In addition to our prime location and exceptional services, our commitment to innovation sets us apart. We incorporate the latest technology in memorialization, such as digital tributes and interactive grave markers, allowing visitors to connect with the memories of their loved ones in a modern and meaningful way. Our staff are dedicated to providing compassionate support and are trained in the latest best practices in memorial care. We also actively engage with our community, hosting events that celebrate life and remembrance, which fosters a strong bond with the families we serve, and establishes us as a pillar of support in the Rochester area.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
Traditional Ground Burial Sites
EternalRest Memorial Park offers traditional ground burial sites that provide a serene final resting place. The park ensures that these sites are well-maintained within a peaceful and dignified setting. Clients can choose from single plots, companion plots, or family lots. The average cost for a single ground burial plot starts at approximately $2,000, which includes the opening and closing of the grave but may not cover other expenses such as a headstone or grave marker.
Standing Columbaria
For those who prefer cremation, EternalRest Memorial Park provides standing columbaria. These are elegant structures where clients can house the urns containing their loved ones’ ashes. The niches in the columbaria are available in various sizes to accommodate different urn dimensions. Prices for a niche in a columbarium start at around $1,500, depending on the location within the structure and the size of the niche.
Gardens for the Scattering of Cremated Remains
The park also features specially designed gardens for the scattering of cremated remains. These gardens are landscaped to provide a tranquil environment for families to visit and reflect. The scattering service includes a simple ceremony and a permanent record of the location where the ashes have been scattered. The cost for scattering cremated remains within these gardens can range from $300 to $600, including the ceremony and documentation.
Private Family Estates
For families seeking a more exclusive option, EternalRest Memorial Park offers private family estates. These private areas are set apart from the general burial grounds, allowing for a more personal and intimate atmosphere. Private family estates are customizable to reflect the family’s wishes and can include features such as private mausoleums, benches, and landscaping. The pricing for private family estates varies greatly based on size and customization options, typically starting at $20,000 and increasing with added features and design complexity.
Promotions Plan
EternalRest Memorial Park recognizes the importance of a respectful and serene final resting place. To ensure that families are aware of the services and the tranquil environment it offers, the park employs a variety of promotional methods tailored to meet the needs of the community it serves.
Online Marketing
In the digital age, EternalRest Memorial Park understands that an online presence is crucial. The park maintains a user-friendly website that provides detailed information about its services, pricing, and the beauty of the grounds. Virtual tours allow potential customers to experience the serenity of the location from the comfort of their own homes. Search Engine Optimization (SEO) strategies are in place to ensure that the park appears prominently in search results when individuals are looking for cemeteries in Rochester, NY.
Social media platforms are also integral to the park’s online marketing strategy. Regular posts on Facebook, Instagram, and Twitter keep the community engaged and informed about EternalRest’s services and events. Paid advertising campaigns on these platforms target the local area, increasing visibility and awareness.
Community Involvement and Outreach
EternalRest Memorial Park actively participates in the local Rochester community. By sponsoring events and partnering with local businesses and religious organizations, the park fosters relationships and builds trust within the community. Hosting informational seminars on topics related to end-of-life planning also positions EternalRest as a knowledgeable and compassionate resource for those facing difficult decisions.
Referral Programs
The park implements referral programs that encourage current customers to refer friends and family, rewarding them with incentives that provide value and appreciation for their support. This word-of-mouth marketing strategy is effective in building a strong reputation within the local community.
Print and Broadcast Advertising
Traditional advertising methods still have a place in EternalRest’s promotional mix. Local newspapers and magazines will carry thoughtfully designed ads, ensuring reach to a demographic that prefers print media. Radio spots on local stations will also serve to communicate the park’s message to a wider audience.
Direct Mail Campaigns
EternalRest Memorial Park will utilize direct mail campaigns to reach out to families in the area. These personalized mailings will provide information on the park’s offerings, as well as sympathy and support to those who have recently experienced loss.
Customer Service Excellence
Above all, EternalRest prioritizes customer service excellence. Each interaction is handled with care and sensitivity, ensuring that families receive the support they need. Positive customer experiences often lead to organic promotion through testimonials and personal recommendations.
EternalRest Memorial Park is dedicated to helping families during their most difficult times with dignity and respect. Through a combination of online marketing and community-focused strategies, EternalRest establishes itself as a premier choice for those seeking a peaceful and dignified final resting place.
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 EternalRest Memorial Park, there are several key day-to-day operational processes that we will perform:
-
Customer Service Operations:
- Respond promptly to inquiries from potential clients and bereaved families.
- Provide compassionate and professional guidance to customers planning funerals, burials, or purchasing plots.
- Ensure customer service staff are well-trained in grief management and knowledgeable about the services offered.
-
Sales and Marketing:
- Conduct tours of the cemetery grounds for prospective clients.
- Market cemetery services through appropriate online and offline channels to reach the target audience in Rochester, NY.
- Update the EternalRest Memorial Park website and social media platforms with relevant information, including services, pricing, and events.
-
Grounds Maintenance:
- Maintain the cemetery grounds to ensure a serene and respectful environment.
- Regularly inspect and clean the grounds, including headstones, monuments, and communal facilities.
- Manage landscaping to keep the cemetery aesthetically pleasing throughout the seasons.
-
Interment Operations:
- Coordinate burial schedules and ensure all necessary preparations are made in advance.
- Handle grave digging and preparation with care and respect for the deceased and the grieving families.
- Oversee the proper installation of headstones, markers, and vaults in accordance with the cemetery’s regulations.
-
Administrative Tasks:
- Keep accurate records of all burials, plots sold, and maintenance activities.
- Manage financial transactions, including invoicing and payment processing for cemetery services.
- Ensure compliance with local, state, and federal regulations regarding cemetery operations.
-
Security and Safety:
- Implement security measures to protect the property and ensure a safe environment for visitors and staff.
- Regularly review and update safety protocols to prevent accidents and injuries on-site.
- Conduct periodic training sessions for staff on safety and emergency procedures.
-
Community Engagement:
- Organize and host community events to foster relationships and maintain the cemetery’s presence in the local community.
- Participate in local outreach programs to educate the public about pre-planning and memorialization options.
- Collaborate with local funeral homes, religious organizations, and community groups to provide comprehensive services.
-
Continual Improvement:
- Gather feedback from customers to improve services and customer experiences.
- Stay informed about industry trends and adopt best practices in cemetery management.
- Invest in the professional development of staff to ensure high-quality service delivery.
Milestones
EternalRest Memorial Park expects to complete the following milestones in the coming months in order to ensure its success:
- Secure a suitable location for the cemetery that meets local zoning regulations and offers a serene environment for clients.
- Obtain all necessary permits and licenses for cemetery operations, including burial permits and environmental clearance.
- Develop the infrastructure of the cemetery, including landscaping, plot delineation, roads, and facilities.
- Launch an effective marketing campaign targeting the Rochester, NY community to build brand awareness and promote the cemetery’s services.
- Establish partnerships with local funeral homes and religious institutions to create referral networks.
- Recruit and train a compassionate and professional staff to provide excellent customer service to grieving families.
- Hold a grand opening event to officially launch EternalRest Memorial Park and begin offering services to the public.
- Implement a customer relationship management system to maintain high service standards and manage client relationships effectively.
- Reach a milestone of conducting a certain number of burials or cremations per month to correspond with a revenue goal of $15,000/month.
- Monitor and adjust business strategies based on feedback and operational performance to ensure continuous improvement and sustainability.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
EternalRest Memorial Park management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Abigail Wright, CEO
Abigail Wright, CEO, brings a wealth of experience and a track record of success to EternalRest Memorial Park. With a background in cemetery administration, she has previously managed a cemetery, showcasing her ability to handle the unique challenges of the industry. Her expertise in operations, client services, and strategic planning are instrumental in guiding EternalRest toward fulfilling its vision of providing dignified and respectful memorial services. Abigail’s leadership is defined by her compassionate approach and her commitment to honoring the memories of loved ones, which is crucial in maintaining the park’s reputation and trust within the community.
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 | $4,946,622 | $5,356,352 | $5,800,019 | $6,280,436 | $6,800,646 |
| Direct Expenses | $3,056,720 | $3,212,445 | $3,376,104 | $3,548,101 | $3,728,861 |
| Gross Profit | $1,889,902 | $2,143,906 | $2,423,914 | $2,732,334 | $3,071,785 |
| Gross Profit (%) | 38.2% | 40% | 41.8% | 43.5% | 45.2% |
| Other Expenses | $103,153 | $106,282 | $109,507 | $112,829 | $116,252 |
| EBITDA | $1,786,749 | $2,037,623 | $2,314,407 | $2,619,505 | $2,955,532 |
| Depreciation | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 |
| Amortization | $0 | $0 | $0 | $0 | $0 |
| Interest Expense | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 |
| Income Tax Expense | $534,712 | $622,518 | $719,392 | $826,176 | $943,786 |
| Net Income | $993,037 | $1,156,105 | $1,336,014 | $1,534,328 | $1,752,745 |
Funding Requirements/Use of Funds
To accomplish our growth goals, EternalRest Memorial Park needs $990,000 in funding. Key uses of this funding will be as follows:
| Capital Investments | |
|---|---|
| Land | $500,000 |
| Location Buildout | $100,000 |
| Buildings (Office/Chapel/Storage) | $200,000 |
| Non Capital Investments | |
|---|---|
| Working Capital | $50,000 |
| Staff Salaries (First 3 Months) | $90,000 |
| Initial Marketing and Advertising | $20,000 |
| Initial Rent/Lease (3 months) | $10,000 |
| Supplies | $5,000 |
| Insurance (First Year) | $15,000 |
Financial Projections
5 Year Annual Income Statement
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | $4,946,622 | $5,356,352 | $5,800,019 | $6,280,436 | $6,800,646 | |
| Total Revenues | $4,946,622 | $5,356,352 | $5,800,019 | $6,280,436 | $6,800,646 | |
| Direct Costs | ||||||
| Direct Costs | $3,056,720 | $3,212,445 | $3,376,104 | $3,548,101 | $3,728,861 | |
| Total Direct Costs | $3,056,720 | $3,212,445 | $3,376,104 | $3,548,101 | $3,728,861 | |
| GROSS PROFIT | $1,889,902 | $2,143,906 | $2,423,914 | $2,732,334 | $3,071,785 | |
| GROSS PROFIT % | 38.2% | 40% | 41.8% | 43.5% | 45.2% | |
| 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 | $18,203 | $18,755 | $19,324 | $19,911 | $20,515 | |
| Total Other Expenses | $103,153 | $106,282 | $109,507 | $112,829 | $116,252 | |
| EBITDA | $1,786,749 | $2,037,623 | $2,314,407 | $2,619,505 | $2,955,532 | |
| Depreciation | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | |
| Amortization | $0 | $0 | $0 | $0 | $0 | |
| EBIT | $1,626,749 | $1,877,623 | $2,154,407 | $2,459,505 | $2,795,532 | |
| Interest Expense | $99,000 | $99,000 | $99,000 | $99,000 | $99,000 | |
| PRETAX INCOME | $1,527,749 | $1,778,623 | $2,055,407 | $2,360,505 | $2,696,532 | |
| Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
| Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
| Taxable Income | $1,527,749 | $1,778,623 | $2,055,407 | $2,360,505 | $2,696,532 | |
| Income Tax Expense | $534,712 | $622,518 | $719,392 | $826,176 | $943,786 | |
| NET INCOME | $993,037 | $1,156,105 | $1,336,014 | $1,534,328 | $1,752,745 | |
| Net Profit Margin (%) | 20.1% | 21.6% | 23% | 24.4% | 25.8% |
5 Year Annual Balance Sheet
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Cash | $1,186,622 | $2,481,041 | $3,953,138 | $5,631,193 | $6,525,937 | |
| Other Current Assets | $424,600 | $459,769 | $497,852 | $523,369 | $566,720 | |
| Total Current Assets | $1,611,222 | $2,940,811 | $4,450,991 | $6,154,563 | $7,092,657 | |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
| Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
| Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
| Fixed Assets | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | |
| Accum Depreciation | $160,000 | $320,000 | $480,000 | $640,000 | $800,000 | |
| Net fixed assets | $640,000 | $480,000 | $320,000 | $160,000 | $0 | |
| Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
| TOTAL ASSETS | $2,251,222 | $3,420,811 | $4,770,991 | $6,314,563 | $7,092,657 | |
| LIABILITIES & EQUITY | ||||||
| Current Liabilities | $268,185 | $281,669 | $295,834 | $305,077 | $320,426 | |
| Debt outstanding | $990,000 | $990,000 | $990,000 | $990,000 | $0 | |
| Total Liabilities | $1,258,185 | $1,271,669 | $1,285,834 | $1,295,077 | $320,426 | |
| Share Capital | $0 | $0 | $0 | $0 | $0 | |
| Retained earnings | $993,037 | $2,149,142 | $3,485,157 | $5,019,485 | $6,772,231 | |
| Total Equity | $993,037 | $2,149,142 | $3,485,157 | $5,019,485 | $6,772,231 | |
| TOTAL LIABILITIES & EQUITY | $2,251,222 | $3,420,811 | $4,770,991 | $6,314,563 | $7,092,657 |
5 Year Annual Cash Flow Statement
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| CASH FLOW FROM OPERATIONS | ||||||
| Net Income (Loss) | $993,037 | $1,156,105 | $1,336,014 | $1,534,328 | $1,752,745 | |
| Change in Working Capital | ($156,414) | ($21,686) | ($23,917) | ($16,273) | ($28,002) | |
| Plus Depreciation | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | |
| Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
| Net Cash Flow from Operations | $996,622 | $1,294,419 | $1,472,097 | $1,678,054 | $1,884,743 | |
| CASH FLOW FROM INVESTMENTS | ||||||
| Fixed Assets | ($800,000) | $0 | $0 | $0 | $0 | |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
| Net Cash Flow from Investments | ($800,000) | $0 | $0 | $0 | $0 | |
| CASH FLOW FROM FINANCING | ||||||
| Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
| Cash from Debt financing | $990,000 | $0 | $0 | $0 | ($990,000) | |
| Net Cash Flow from Financing | $990,000 | $0 | $0 | $0 | ($990,000) | |
| Net Cash Flow | $1,186,622 | $1,294,419 | $1,472,097 | $1,678,054 | $894,743 | |
| Cash at Beginning of Period | $0 | $1,186,622 | $2,481,041 | $3,953,138 | $5,631,193 | |
| $1,186,622 | $2,481,041 | $3,953,138 | $5,631,193 | $6,525,937 |
