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Amusement Park Business Plan Example
Below is our amusement park business plan template and sample plan created using our ai business plan generator. This is just one of the many business plan examples we have created using PlanPros.
I. Executive Summary
Company Overview
Our company, JoyLand Park, is a new amusement park located in the vibrant community of Huntersville, NC. We aim to deliver an unparalleled entertainment experience in a region that has long been in need of high-quality amusement options. Our park boasts a wide array of attractions, including thrilling rides for the adventure seekers, entertaining shows for those looking to be dazzled, and an array of food and beverage options to keep our guests energized. We also offer a variety of retail and souvenir shops, allowing visitors to take home a piece of the joy they experienced. With a dedicated guest services team, we ensure every visit is enjoyable and seamless. Our prime location in Huntersville not only serves the local community but also attracts visitors from the surrounding areas, making us the go-to destination for family outings, group events, and individual adventures.
Success Factors
Our confidence in the success of JoyLand Park is underpinned by several factors. The invaluable experience our founder brings from successfully running a previous amusement park lays a solid foundation for our operations. Our unwavering commitment to providing superior amusement activities and continuously innovating our offerings sets us apart in the competitive landscape. Since our establishment as a Limited Liability Company on January 3, 2024, we have achieved key milestones, including developing a distinctive brand identity and securing an ideal location that enhances our accessibility. These accomplishments are just the starting point, as we are determined to reach new heights in the future.
Industry Analysis
The Amusement Park industry in the United States is flourishing, with a current valuation of approximately $22.3 billion. This growth trajectory is expected to continue, fueled by an increasing demand for fun and entertainment options from both tourists and locals. A notable trend is the rising popularity of experiential entertainment, pushing the industry towards offering more immersive and interactive experiences. JoyLand Park is poised to capitalize on this trend by providing unique and engaging experiences that stand out from our competitors. Additionally, the shift towards sustainability and eco-friendly practices presents an opportunity for us to attract environmentally conscious consumers by implementing green initiatives, positioning us as a forward-thinking amusement park in Huntersville, NC.
Customer Analysis
Our primary target market includes local residents of Huntersville, focusing on creating a community-centric amusement park that appeals to families, teenagers, and young adults. We aim to foster loyalty and regular visits by catering to the diverse tastes within our community. Additionally, we plan to attract schools and corporate groups with tailored packages for field trips and team-building events. Tourists visiting Huntersville and the surrounding areas represent another important customer segment, as we aim to provide them with a memorable experience that encourages word-of-mouth recommendations. Our strategic partnerships with local hotels, travel agencies, and tourism boards will be crucial in promoting JoyLand Park as a premier entertainment destination.
Competitive Analysis
JoyLand Park faces competition from Frankie’s Fun Park, the Carolina Renaissance Festival, and Xtreme Play, each offering unique attractions and experiences. However, our competitive advantage lies in our comprehensive amusement park experience, superior ride and attraction maintenance, and the use of the latest technology for safety and entertainment. Our extensive range of activities, including rides, shows, and interactive experiences, ensures there is always something new for our guests to discover. This, combined with our focus on innovation and excellence, positions JoyLand Park as the leading amusement park destination for guests of all ages in the area.
Marketing Plan
JoyLand Park offers a wide range of products and services, including exciting rides, captivating entertainment shows, diverse food and beverage options, and extensive retail and souvenir shops. Our pricing strategy ensures great value, with ride tickets averaging $5 to $10 and entertainment show tickets priced around $15 to $25. We also focus on delivering exceptional guest services and support, enhancing the overall visitor experience. Our promotional strategy encompasses a robust online marketing approach, leveraging social media and targeted ads, complemented by email marketing, traditional advertising, and community engagement activities. By executing a comprehensive promotional plan, we aim to attract a broad audience and create lasting memories for our visitors.
Operations Plan
To ensure the smooth operation of JoyLand Park, our daily processes include timely opening and closing, conducting safety inspections of all rides, maintaining cleanliness, and providing excellent customer service. We manage ticket sales efficiently and adjust staffing levels in real-time to optimize guest satisfaction. Our operational milestones include securing a prime location, obtaining necessary permits, completing park construction, and developing a strong marketing strategy. By engaging with the local community and staying abreast of industry trends, we strive to continuously improve our offerings and operations, aiming to establish JoyLand Park as a premier entertainment destination in Huntersville, NC.
Management Team
Leading JoyLand Park is Gianna Ramos, our President, whose extensive experience in the amusement park industry is invaluable to our success. Gianna’s proven track record, coupled with her strategic vision and commitment to excellence, ensures that JoyLand Park is well-positioned for growth and expansion. Her leadership is instrumental in navigating the park towards becoming a cherished destination for entertainment seekers.
Financial Plan
To achieve our growth goals, JoyLand Park requires $2.43 million in funding. This investment will be allocated towards capital investments such as location buildout, equipment, and technology, as well as non-capital investments including working capital, initial rent, staff salaries, marketing, and insurance. These funds are essential for laying the foundation of our operations, ensuring that we can offer an exceptional amusement park experience while also positioning ourselves for long-term success and profitability.
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 | $3,338,970 | $3,615,537 | $3,915,013 | $4,239,294 | $4,590,436 |
Direct Expenses | $1,430,545 | $1,503,424 | $1,580,017 | $1,660,511 | $1,745,106 |
Gross Profit | $1,908,425 | $2,112,113 | $2,334,996 | $2,578,783 | $2,845,329 |
Gross Profit (%) | 57.2% | 58.4% | 59.6% | 60.8% | 62% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,811,339 | $2,012,082 | $2,231,930 | $2,472,590 | $2,735,914 |
Depreciation | $390,000 | $390,000 | $390,000 | $390,000 | $390,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $243,000 | $243,000 | $243,000 | $243,000 | $243,000 |
Income Tax Expense | $412,418 | $482,678 | $559,625 | $643,856 | $736,020 |
Net Income | $765,920 | $896,403 | $1,039,304 | $1,195,733 | $1,366,894 |
II. Company Overview
JoyLand Park is a new Amusement Park proudly serving the community of Huntersville, NC. As a local amusement park, we are thrilled to offer an unparalleled entertainment experience in an area previously lacking in high-quality amusement park options. Our commitment to providing a diverse range of attractions and services ensures a memorable visit for all our guests.
At JoyLand Park, we take pride in our extensive offerings designed to cater to guests of all ages. Our park features a variety of thrilling rides and attractions, ensuring there’s something to excite everyone. In addition to our rides, we host a range of entertainment shows, adding a layer of dynamic performances to your amusement park experience. Our food and beverage services offer a wide selection of options, from quick snacks to full meals, ensuring you stay energized throughout your visit. For those looking to take a piece of JoyLand Park home, our retail and souvenir shops offer a range of products, from branded merchandise to unique souvenirs. Moreover, our dedicated guest services and customer support team are always on hand to ensure your visit is enjoyable and hassle-free.
Located in the heart of Huntersville, NC, JoyLand Park is perfectly positioned to serve both the local community and visitors to the area. Our accessible location makes us an ideal destination for family outings, group events, and individual adventures.
Our confidence in JoyLand Park’s success is rooted in several key factors. Firstly, our founder brings valuable experience from previously running a successful amusement park, ensuring we understand the intricacies of delivering a top-notch amusement experience. Additionally, our commitment to offering superior amusement activities and attractions sets us apart from the competition. We continuously strive to innovate and improve, ensuring our guests always have something new and exciting to look forward to.
Since our founding on January 3, 2024, as a Limited Liability Company, we have achieved several important milestones. We have developed a distinctive logo and company name that reflect our brand’s values and ethos. Furthermore, we have secured a fantastic location that not only serves as an ideal setting for our park but also enhances our accessibility to guests. These accomplishments mark just the beginning of our journey, and we are committed to achieving much more in the future.
III. Industry Analysis
The Amusement Park industry in the United States is a thriving sector that continues to grow year after year. As of now, the industry is estimated to be worth around $22.3 billion, with over 400 amusement parks and attractions spread across the country. With an increasing number of tourists and locals looking for fun and entertainment options, the market is expected to keep expanding in the coming years.
One of the key trends in the Amusement Park industry is the growing popularity of experiential entertainment. Visitors are now seeking more immersive and interactive experiences when they visit amusement parks, leading to the rise of virtual reality rides, themed attractions, and interactive games. JoyLand Park, as a new player in the industry, can capitalize on this trend by offering unique and engaging experiences that set them apart from their competitors.
Another trend that bodes well for JoyLand Park is the increasing focus on sustainability and eco-friendly practices within the industry. As more consumers become environmentally conscious, amusement parks are implementing green initiatives such as recycling programs, energy-efficient operations, and sustainable building practices. By adopting these practices early on, JoyLand Park can attract eco-conscious consumers and establish themselves as a socially responsible and forward-thinking amusement park in Huntersville, NC.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents as our primary customer base, recognizing the value of creating a community-centered amusement park that becomes a regular destination for families, teenagers, and young adults looking for entertainment close to home. Our offerings will cater to the diverse tastes within the community, ensuring there is something for everyone. This approach will foster a sense of ownership and loyalty among the local population, making them frequent visitors.
We will also extend our reach to schools and corporate groups within the region, providing tailored packages for field trips, team-building events, and corporate outings. These segments are looking for unique experiences that combine fun with opportunities for bonding and education. By creating special programs and discounts for these groups, we will secure a steady stream of visitors throughout the year.
In addition to focusing on families and groups, we will tailor experiences for tourists visiting Huntersville and the surrounding areas. Offering them a memorable amusement park experience will not only enrich their visit but also encourage word-of-mouth recommendations. This strategy will require partnerships with local hotels, travel agencies, and tourism boards to ensure JoyLand Park is featured prominently in their promotional materials and travel packages.
Customer Needs
JoyLand Park fulfills a fundamental need for high-quality entertainment within the community. Residents can enjoy a variety of top-tier rides and numerous activities, catering to all ages and preferences. This variety ensures that every visit is a unique experience, encouraging repeat attendance and fostering a strong sense of community engagement.
In addition to entertainment, JoyLand Park meets the demand for safe, family-friendly environments where memories are made. The park prioritizes safety in all its operations, ensuring that families can relax and immerse themselves in the fun. This peace of mind is invaluable to visitors, making it a preferred destination for family outings.
The park also addresses the need for social interaction and outdoor activities. In an era where digital devices often dominate leisure time, JoyLand Park offers a refreshing opportunity for physical activity and in-person socializing. This contributes to the overall well-being of the community, promoting healthier lifestyles through enjoyable exercise and strengthening social bonds.
V. Competitive Analysis
Direct Competitors
JoyLand Park’s competitors include the following companies.
Frankie’s Fun Park offers a variety of attractions including go-karts, miniature golf, batting cages, laser tag, and an arcade. The price points for attractions vary, with options to purchase single attractions or passes that allow unlimited access to various activities. Frankie’s Fun Park has multiple locations across the Carolinas, catering to families, teenagers, and corporate groups looking for team-building activities.
Key strengths of Frankie’s Fun Park include a wide range of activities that appeal to all ages, making it a popular choice for family outings and birthday parties. However, a potential weakness is that the cost can quickly add up, making it less accessible for larger families or those on a tight budget.
The Carolina Renaissance Festival is a seasonal event that offers a unique blend of interactive entertainment, arts and crafts, and food in the theme of a renaissance fair. Prices for admission vary by age, with discounts available for tickets purchased in advance. The festival takes place in Huntersville, NC, drawing visitors from across the region who are interested in a cultural and historical experience.
Its key strength lies in its unique offering, providing an immersive experience that cannot be found at traditional amusement parks. However, its seasonal nature and dependency on good weather can be seen as weaknesses, limiting its operational days and potential revenue.
Xtreme Play offers an indoor adventure experience with activities such as laser tag, trampoline parks, and arcade games. Pricing is based on the activity and duration, with party packages available for groups. Located in North Carolina, Xtreme Play targets families and youth seeking active entertainment, regardless of weather conditions.
A significant strength of Xtreme Play is its appeal as an all-weather venue, making it a reliable option for entertainment year-round. However, a weakness might be the limited appeal to adults without children, potentially narrowing its customer base.
Competitive Advantages
At JoyLand Park, we pride ourselves on providing an unparalleled amusement park experience that far surpasses what our competition offers. Our dedication to excellence is evident in the meticulous design and maintenance of our rides, attractions, and facilities. We understand that a day at an amusement park is more than just an outing; it’s an opportunity to create lasting memories. That’s why we invest heavily in the latest technology and safety measures, ensuring that every visit is not only exhilarating but also safe for all our guests. Our commitment to delivering superior entertainment options sets us apart and positions us as the premier destination for fun-seekers of all ages.
In addition to offering a better amusement park experience, we boast a more extensive array of activities than any other park in the area. Our visitors can expect a diverse selection of rides that cater to thrill-seekers and families alike, from high-speed roller coasters to gentle attractions for the little ones. Beyond the rides, we offer a variety of live shows, interactive experiences, and themed events throughout the year, ensuring that there’s always something new and exciting to discover. This breadth of offerings means that every visit to JoyLand Park can be a unique adventure, providing more reasons for our guests to return time and time again. Our ability to offer something for everyone and to constantly innovate and expand our attractions gives us a significant competitive advantage in the amusement park industry.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
JoyLand Park offers an exciting array of products and services designed to provide an unforgettable experience for visitors of all ages. From thrilling rides and attractions to captivating entertainment shows, the park ensures a diverse mix of activities that cater to everyone’s taste. Additionally, with a variety of food and beverage options, extensive retail and souvenir shops, and exceptional guest services and customer support, JoyLand Park stands out as a premier destination for fun and adventure.
Rides and Attractions are the heart of JoyLand Park, featuring a wide range of options from adrenaline-pumping roller coasters to family-friendly carousels. Visitors can expect to pay an average price of $5 to $10 per ride, depending on the attraction’s popularity and intensity. Season passes and bundle offers are also available, providing unlimited access to rides at a more cost-effective rate.
Entertainment Shows at the park include live performances, magic shows, and musicals that captivate audiences of all ages. These shows are carefully designed to provide a memorable experience, adding to the overall enjoyment of the visit. The average price for show tickets is around $15 to $25, offering great value for an hour or more of high-quality entertainment.
Food and Beverage Services offer a plethora of options ranging from quick snacks to full meals, ensuring that visitors can find something to satisfy their cravings without having to leave the park. Prices vary widely based on the type of food, with snacks starting at around $4 and complete meals averaging between $10 and $20. The park also features themed restaurants and food stalls that enhance the dining experience.
Retail and Souvenir Shops are scattered throughout the park, selling a variety of merchandise such as apparel, toys, and exclusive memorabilia. These items allow visitors to take a piece of JoyLand Park home with them. Prices for souvenirs and merchandise vary, with smaller items starting at $5 and more premium products going up to $50 or more.
Guest Services and Customer Support are pivotal to the park’s operations, ensuring that every visitor has a pleasant and hassle-free experience. Services include information desks, lost and found, stroller and wheelchair rentals, and first aid stations. While most of these services are offered free of charge, rentals may have a small fee attached, generally around $10 to $20 for the day.
In conclusion, JoyLand Park presents a comprehensive and enjoyable experience for its visitors, with a wide range of products and services priced to offer great value. Whether it’s the excitement of the rides, the magic of the entertainment, the delight of the food, the charm of the souvenirs, or the reliability of guest services, there’s something at JoyLand Park for everyone.
Promotions Plan
We at JoyLand Park are committed to employing a robust promotional strategy to attract a wide range of customers to our amusement park. Understanding the significance of a multi-faceted approach, we will integrate various promotional methods, with a strong emphasis on online marketing, to ensure we reach our target audience effectively.
Online marketing stands at the forefront of our promotional efforts. We will leverage social media platforms such as Facebook, Instagram, and Twitter to engage with our audience. By creating compelling content that highlights our attractions, events, and special offers, we expect to generate excitement and anticipation among potential visitors. Additionally, we will utilize targeted ads to reach individuals interested in amusement parks and family entertainment, ensuring that our messages resonate with the right audience.
Email marketing will also play a crucial role in our promotional strategy. By collecting email addresses through our website and on-site promotions, we will send out newsletters and promotional offers directly to our customers’ inboxes. This direct line of communication will allow us to keep our audience informed about upcoming events, new attractions, and exclusive deals that are not to be missed.
To complement our online marketing efforts, we will also employ traditional marketing tactics. This includes placing advertisements in local newspapers and magazines, as well as partnering with local businesses and schools to offer discounts and special promotions. Such partnerships will not only help to increase our visibility within the community but will also foster a sense of collaboration and support among local stakeholders.
Public relations events, such as press conferences and community engagement activities, will further enhance our promotional efforts. By hosting special preview days for the media and engaging in community service projects, we aim to build positive relationships with the press and the public. These events will provide an opportunity to showcase what we have to offer while demonstrating our commitment to being a valuable member of the community.
Finally, we recognize the importance of word-of-mouth marketing. By ensuring that every visitor has an exceptional experience, we expect to turn our customers into advocates for JoyLand Park. Satisfied visitors are more likely to recommend our park to friends and family, thereby extending our reach beyond traditional marketing channels.
In conclusion, our promotional strategy is comprehensive and designed to engage potential customers through various channels. From online marketing to community engagement, we are dedicated to making JoyLand Park a top destination for family fun and entertainment. By executing these promotional methods effectively, we expect to attract a wide audience and create lasting memories for our visitors.
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 JoyLand Park, there are several key day-to-day operational processes that we will perform.
- Open and close the park on time every day to maintain a reliable schedule for our customers.
- Conduct daily safety inspections of all rides and attractions before opening to the public to ensure a safe environment for our visitors.
- Operate rides and attractions efficiently with well-trained staff to provide an enjoyable experience for all guests.
- Maintain cleanliness throughout the park, including restrooms, dining areas, and common spaces, to ensure a pleasant and healthy environment.
- Provide excellent customer service by training staff to be friendly, helpful, and responsive to guest needs and complaints.
- Manage ticket sales and entrance processes smoothly to minimize wait times and improve guest experience from the onset.
- Restock and manage merchandise and food outlets to ensure availability of products and quick service for guests.
- Monitor and adjust staffing levels in real-time based on park attendance and queue lengths to maintain optimal operation and guest satisfaction.
- Implement and regularly update emergency and evacuation procedures to ensure guest and staff safety in unexpected situations.
- Collect and analyze guest feedback regularly to identify areas for improvement and implement changes accordingly.
- Manage finances daily, including cash flow, budgeting for maintenance and operations, and planning for future investments.
- Engage with the local Huntersville, NC community through events, promotions, and partnerships to build a positive relationship and encourage repeat visitation.
- Stay updated with industry trends and standards to continuously improve the park’s offerings and operations.
Milestones
JoyLand Park expects to complete the following milestones in the coming months in order to ensure its success:
- Secure a prime location in Huntersville, NC, that is accessible and has the potential for high foot traffic.
- Obtain all necessary permits and licenses from local, state, and federal bodies to operate an amusement park, ensuring compliance with safety, health, and environmental regulations.
- Complete the design and construction of the amusement park, including rides, attractions, and facilities, prioritizing both appeal and safety for all age groups.
- Hire and train a dedicated team of staff for operations, maintenance, customer service, and safety, ensuring they are well-prepared for the park’s opening.
- Develop and implement a robust marketing and promotional strategy to generate buzz and attract visitors ahead of the launch.
- Launch JoyLand Park with a grand opening event to draw significant attention and visitors, aiming to create a memorable first impression.
- Establish partnerships with local businesses and tourism boards to drive traffic and offer joint promotions, enhancing the park’s visibility and appeal.
- Implement an efficient operational system for managing park admissions, ride access, and customer service to ensure a positive visitor experience.
- Reach a monthly revenue target of $15,000 by optimizing pricing strategies, maximizing visitor spend through upsales, and seasonal promotions.
- Continuously monitor and adapt to customer feedback, market trends, and operational data to refine offerings and improve the park experience, ensuring long-term success and growth.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
JoyLand Park management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Gianna Ramos, President
Gianna Ramos brings a wealth of experience and a proven track record to her role as President of JoyLand Park. Her background is distinguished by a history of significant achievements in the amusement park industry, including the successful management and operation of a previous amusement park. Gianna’s adept leadership skills, combined with her extensive experience in park management, operational excellence, and customer service, make her exceptionally qualified to guide JoyLand Park towards achieving lasting success. Her strategic vision for the park and commitment to creating a memorable experience for visitors are instrumental in setting the direction for the park’s future growth and expansion.
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 | $3,338,970 | $3,615,537 | $3,915,013 | $4,239,294 | $4,590,436 |
Direct Expenses | $1,430,545 | $1,503,424 | $1,580,017 | $1,660,511 | $1,745,106 |
Gross Profit | $1,908,425 | $2,112,113 | $2,334,996 | $2,578,783 | $2,845,329 |
Gross Profit (%) | 57.2% | 58.4% | 59.6% | 60.8% | 62% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,811,339 | $2,012,082 | $2,231,930 | $2,472,590 | $2,735,914 |
Depreciation | $390,000 | $390,000 | $390,000 | $390,000 | $390,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $243,000 | $243,000 | $243,000 | $243,000 | $243,000 |
Income Tax Expense | $412,418 | $482,678 | $559,625 | $643,856 | $736,020 |
Net Income | $765,920 | $896,403 | $1,039,304 | $1,195,733 | $1,366,894 |
Funding Requirements/Use of Funds
To accomplish our growth goals, JoyLand Park needs $2.43 million in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $500,000 |
Furniture | $100,000 |
Equipment | $300,000 |
Machines | $1,000,000 |
Computers and Technology | $50,000 |
Non Capital Investments | |
---|---|
Working Capital | $200,000 |
Initial Rent/Lease | $50,000 |
Staff Salaries (First 3 Months) | $150,000 |
Initial Marketing and Advertising | $50,000 |
Supplies | $10,000 |
Insurance | $20,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $3,338,970 | $3,615,537 | $3,915,013 | $4,239,294 | $4,590,436 | |
Total Revenues | $3,338,970 | $3,615,537 | $3,915,013 | $4,239,294 | $4,590,436 | |
Direct Costs | ||||||
Direct Costs | $1,430,545 | $1,503,424 | $1,580,017 | $1,660,511 | $1,745,106 | |
Total Direct Costs | $1,430,545 | $1,503,424 | $1,580,017 | $1,660,511 | $1,745,106 | |
GROSS PROFIT | $1,908,425 | $2,112,113 | $2,334,996 | $2,578,783 | $2,845,329 | |
GROSS PROFIT % | 57.2% | 58.4% | 59.6% | 60.8% | 62% | |
Other Expenses | ||||||
Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
EBITDA | $1,811,339 | $2,012,082 | $2,231,930 | $2,472,590 | $2,735,914 | |
Depreciation | $390,000 | $390,000 | $390,000 | $390,000 | $390,000 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,421,339 | $1,622,082 | $1,841,930 | $2,082,590 | $2,345,914 | |
Interest Expense | $243,000 | $243,000 | $243,000 | $243,000 | $243,000 | |
PRETAX INCOME | $1,178,339 | $1,379,082 | $1,598,930 | $1,839,590 | $2,102,914 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,178,339 | $1,379,082 | $1,598,930 | $1,839,590 | $2,102,914 | |
Income Tax Expense | $412,418 | $482,678 | $559,625 | $643,856 | $736,020 | |
NET INCOME | $765,920 | $896,403 | $1,039,304 | $1,195,733 | $1,366,894 | |
Net Profit Margin (%) | 22.9% | 24.8% | 26.5% | 28.2% | 29.8% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $1,478,939 | $2,748,038 | $4,158,395 | $5,731,313 | $5,036,264 | |
Other Current Assets | $286,605 | $310,344 | $336,050 | $353,274 | $382,536 | |
Total Current Assets | $1,765,544 | $3,058,383 | $4,494,446 | $6,084,588 | $5,418,801 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $1,950,000 | $1,950,000 | $1,950,000 | $1,950,000 | $1,950,000 | |
Accum Depreciation | $390,000 | $780,000 | $1,170,000 | $1,560,000 | $1,950,000 | |
Net fixed assets | $1,560,000 | $1,170,000 | $780,000 | $390,000 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $3,325,544 | $4,228,383 | $5,274,446 | $6,474,588 | $5,418,801 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $129,623 | $136,059 | $142,816 | $147,225 | $154,543 | |
Debt outstanding | $2,430,000 | $2,430,000 | $2,430,000 | $2,430,000 | $0 | |
Total Liabilities | $2,559,623 | $2,566,059 | $2,572,816 | $2,577,225 | $154,543 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $765,920 | $1,662,324 | $2,701,629 | $3,897,363 | $5,264,257 | |
Total Equity | $765,920 | $1,662,324 | $2,701,629 | $3,897,363 | $5,264,257 | |
TOTAL LIABILITIES & EQUITY | $3,325,544 | $4,228,383 | $5,274,446 | $6,474,588 | $5,418,801 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $765,920 | $896,403 | $1,039,304 | $1,195,733 | $1,366,894 | |
Change in Working Capital | ($156,981) | ($17,304) | ($18,948) | ($12,815) | ($21,943) | |
Plus Depreciation | $390,000 | $390,000 | $390,000 | $390,000 | $390,000 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $998,939 | $1,269,099 | $1,410,356 | $1,572,918 | $1,734,950 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($1,950,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($1,950,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $2,430,000 | $0 | $0 | $0 | ($2,430,000) | |
Net Cash Flow from Financing | $2,430,000 | $0 | $0 | $0 | ($2,430,000) | |
Net Cash Flow | $1,478,939 | $1,269,099 | $1,410,356 | $1,572,918 | ($695,049) | |
Cash at Beginning of Period | $0 | $1,478,939 | $2,748,038 | $4,158,395 | $5,731,313 | |
$1,478,939 | $2,748,038 | $4,158,395 | $5,731,313 | $5,036,264 |