Pool Hall Business Plan
Below is our pool hall business plan template and sample plan created using our business plan generator.
I. Executive Summary
Company Overview
At Aristocrat Billiards Lounge, we’re excited to introduce a premier destination for billiards enthusiasts and those seeking a sophisticated entertainment experience. Located in the heart of a bustling city, our lounge offers an elegant setting where guests can enjoy high-quality billiards, an array of premium beverages, and gourmet food selections. Our business model emphasizes creating a unique, upscale environment that appeals to both serious pool players and those looking for a refined place to relax and socialize. By combining luxurious ambiance, exceptional service, and top-notch billiards facilities, we aim to redefine the billiards lounge experience in our city.
Success Factors
Our success hinges on several key factors and accomplishments. Firstly, our strategic location positions us perfectly to attract a diverse clientele, from seasoned billiards players to casual visitors seeking a premium leisure experience. Additionally, our commitment to providing unparalleled service and quality in every aspect of our operations sets us apart in the competitive entertainment landscape. To date, we have successfully secured a lease for a prime property, completed the interior design that reflects our brand’s upscale ethos, and established partnerships with top-tier suppliers for our food and beverage offerings. These achievements lay a solid foundation for our lounge’s success and position us for sustained growth.
Industry Analysis
The entertainment and leisure industry, especially within the billiards segment, is experiencing a resurgence as consumers increasingly seek unique and premium experiences. The market demonstrates a growing demand for establishments that offer more than just gameplay, including high-quality food and drinks, a sophisticated atmosphere, and exceptional service. This trend is fueled by a broader consumer shift towards experiential spending, with a particular emphasis on luxury and exclusivity. Our entry into this market is timely, as we cater to both traditional billiards enthusiasts and a wider audience looking for upscale entertainment options. The industry’s evolution towards more premium offerings aligns perfectly with our business model, positioning us for success in a dynamic and expanding market.
Customer Analysis
Our target customers range from serious billiards players seeking a refined environment for practice and competition to professionals and affluent individuals looking for a high-end venue to socialize and entertain. This diverse clientele values quality, exclusivity, and a superior customer experience, attributes that are at the core of our business offering. By focusing on these segments, we aim to create a loyal customer base that appreciates the unique blend of luxury, sport, and social interaction that Aristocrat Billiards Lounge provides. Our market research indicates a strong demand within these groups for an upscale leisure experience, guiding our tailored marketing and service strategies.
Competitive Analysis
Bowlero Fullerton, Pepz Pizzeria, Danny K’s Billiards & Sports Bar
Our competitive edge lies in our luxury-driven approach, setting us apart from competitors like Bowlero Fullerton, which focuses on a broader range of activities but may lack the exclusivity we offer. Unlike Pepz Pizzeria, our establishment prioritizes a high-end billiards experience over being a dining venue, offering a sophisticated alternative. Danny K’s caters to sports and billiards enthusiasts, but our unique selling proposition is the upscale, refined environment we provide, catering to a clientele seeking luxury and exclusivity in their entertainment choices.
Marketing Plan
Our marketing plan is designed to highlight Aristocrat Billiards Lounge’s premium billiards experience, exceptional service, and upscale ambiance. We offer a variety of billiards-related services, including private tables, leagues, and tournaments, complemented by a gourmet food and beverage menu. Pricing is strategically set to reflect the high-quality experience while remaining competitive within the luxury market segment. Promotions will focus on creating awareness and driving trial among our target demographic through targeted social media campaigns, partnerships with local businesses, and hosting exclusive events. Our goal is to establish Aristocrat Billiards Lounge as the premier destination for luxury entertainment, leveraging word-of-mouth and digital marketing to build our brand and customer base.
Operations Plan
Key operational processes at Aristocrat Billiards Lounge include maintaining the highest standards of quality across our services, managing inventory efficiently, and providing exceptional customer service. Our operations are structured to ensure a seamless experience for our guests, from the moment they step into our lounge to when they leave. We have mapped out critical milestones, including the launch of our VIP membership program, the inauguration of our first billiards tournament, and the establishment of partnerships with luxury brands. These milestones are designed to enhance our brand value and ensure we meet our operational and financial goals.
Management Team
Under the leadership of CEO Beau Sanchez, our management team brings together extensive experience and expertise in the entertainment industry. Beau’s prior success in running a pool hall demonstrates his deep understanding of the business and his commitment to excellence. Our team’s collective skills in operations, marketing, and customer service are pivotal in executing our business plan and achieving our vision of becoming the leading billiards lounge in the region. Beau’s strategic vision and hands-on approach are instrumental in driving our lounge towards operational excellence and sustained profitability.
Financial Plan
To achieve our growth goals, Aristocrat Billiards Lounge requires significant investment. This funding will be allocated towards establishing our upscale venue, procuring high-quality billiards equipment, and executing our marketing plan to build brand awareness and attract our target clientele. Our financial strategy is designed to ensure we have the resources needed to create a luxurious and inviting atmosphere that meets the high expectations of our customers, ultimately leading to a successful and profitable 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 | $1,929,182 | $2,088,977 | $2,262,007 | $2,449,370 | $2,652,252 |
Direct Expenses | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 |
Gross Profit | $1,195,570 | $1,317,990 | $1,451,742 | $1,597,825 | $1,757,325 |
Gross Profit (%) | 62% | 63.1% | 64.2% | 65.2% | 66.3% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,098,484 | $1,217,959 | $1,348,676 | $1,491,633 | $1,647,910 |
Depreciation | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $18,300 | $18,300 | $18,300 | $18,300 | $18,300 |
Income Tax Expense | $370,714 | $412,530 | $458,281 | $508,316 | $563,013 |
Net Income | $688,470 | $766,128 | $851,094 | $944,016 | $1,045,597 |
II. Company Overview
Aristocrat Billiards Lounge is the latest addition to Placentia, CA’s leisure scene. As a new Pool Hall, we’re excited to fill a void in the local market by providing a high-quality venue for both amateur and seasoned billiards players. Recognizing the lack of premium local pool halls in the area, we’ve stepped in to offer a place where the community can gather, play, and enjoy the timeless game of pool.
At Aristocrat Billiards Lounge, we pride ourselves on offering a wide array of products and services designed to enhance the pool-playing experience. Customers can enjoy our table rentals, available for players of all skill levels, along with a selection of cue sticks and accessories to suit every player’s needs. Our food and beverage service ensures that guests can relax and refuel without having to step away from the action. Additionally, we host leagues and tournaments, providing a competitive platform for those looking to challenge themselves and others. For fans of our lounge, we also offer merchandise, allowing our guests to take a piece of the Aristocrat Billiards Lounge experience home with them.
Located in Placentia, CA, Aristocrat Billiards Lounge is perfectly situated to serve the local community and visitors alike. Our prime location makes us an easily accessible destination for an evening out, a weekend gathering, or a competitive game of pool.
Our confidence in the success of Aristocrat Billiards Lounge is rooted in several key factors. Firstly, our founder brings valuable experience from running a successful pool hall in the past. This knowledge and expertise are instrumental in ensuring the quality and appeal of our lounge. Furthermore, we are committed to creating a more welcoming and engaging environment than our competitors, catering to both casual players who seek a fun night out and serious enthusiasts aiming to hone their skills.
Since our inception on January 5th, 2024, Aristocrat Billiards Lounge has taken significant strides as a business. We are proud to be organized as an S Corporation, a testament to our commitment to professional and sustainable business practices. Among our accomplishments, we’ve successfully developed our unique company name and logo, and most importantly, secured a fantastic location that we believe will be the cornerstone of our success and growth in the community.
III. Industry Analysis
The Pool Hall industry in the United States is a thriving market, with an estimated size of over $900 million in revenue. This figure represents the combined sales generated by all Pool Halls across the country, showcasing the popularity of this leisure activity among Americans. With a steady growth rate of approximately 2% per year, the industry is expected to continue expanding in the coming years.
One of the key trends in the Pool Hall industry is the growing popularity of themed and upscale establishments that offer a unique and upscale experience for customers. Aristocrat Billiards Lounge, as a new Pool Hall in Placentia, CA, is well-positioned to capitalize on this trend by providing a high-end atmosphere with top-notch amenities and services. By offering a premium experience, Aristocrat Billiards Lounge can attract a niche market of customers who are willing to pay a premium for a luxurious Pool Hall experience.
Additionally, the rise of social media and online marketing has provided Pool Halls with new opportunities to reach and engage with customers. By leveraging digital marketing strategies and creating a strong online presence, Aristocrat Billiards Lounge can effectively promote its brand and attract a loyal customer base. With the right marketing tactics in place, the Pool Hall can tap into the growing trend of experiential entertainment and become a go-to destination for pool enthusiasts in the Placentia area.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents who are looking for a recreational activity that combines social interaction with a bit of competition. This demographic will likely include young professionals, families, and older individuals who enjoy playing pool as a leisure activity. Our marketing efforts will aim to create a welcoming environment that encourages repeat visits from this core group.
We will also focus on college students from nearby universities who are seeking a fun and relaxing place to unwind. Special promotions and student discounts will be tailored to attract this younger audience, making us a popular hangout spot. Hosting events such as tournaments and themed nights will further engage this segment.
Additionally, we will target corporate clients who may be interested in hosting team-building events or casual after-work gatherings. Customized packages and private room rentals will be available to meet the needs of these business groups. This will help us build a strong reputation within the local business community.
Tourists visiting Placentia will also be a significant target audience, as we will offer an attractive destination for those looking to explore local entertainment options. By partnering with local hotels and travel agencies, we will ensure that visitors are aware of our offerings. This strategy will help diversify our customer base and maximize foot traffic.
Customer Needs
Customers can expect a high-quality pool hall experience, which includes well-maintained tables and top-notch equipment. The ambiance of the lounge is designed to be both inviting and sophisticated, making it an ideal spot for social gatherings. This atmosphere caters to both casual players and serious billiards enthusiasts.
In addition to quality equipment, customers have access to a variety of refreshments and snacks, enhancing their overall experience. The lounge offers a selection of beverages, including both alcoholic and non-alcoholic options, to cater to diverse preferences. Comfortable seating and a stylish decor further elevate the customer experience.
Aristocrat Billiards Lounge meets the need for a safe and enjoyable environment where customers can unwind and socialize. Security measures and clean facilities ensure that patrons feel secure while enjoying their time. The staff is trained to provide excellent customer service, addressing any inquiries or issues promptly.
Customers also appreciate the flexibility and convenience offered by Aristocrat Billiards Lounge, including flexible hours of operation and easy booking options. Special events and promotions are organized regularly to keep the experience fresh and engaging. This commitment to customer satisfaction positions the lounge as a preferred destination in the community.
V. Competitive Analysis
Direct Competitors
Aristocrat Billiards Lounge’s competitors include the following companies:
Bowlero Fullerton
Bowlero Fullerton offers bowling lanes, arcade games, billiards, and a full-service bar and kitchen. Their price points range from $3 to $8 per game for bowling and about $15-$25 per hour for billiards. Bowlero Fullerton generates substantial revenues due to its diverse range of activities.
Located in Fullerton, CA, it serves a wide customer segment including families, young adults, and corporate groups. Its key strengths include a comprehensive entertainment package and high foot traffic. However, weaknesses include potentially higher costs and a crowded atmosphere during peak hours.
Pepz Pizzeria
Pepz Pizzeria specializes in pizza, pasta, and other Italian dishes, and also offers a small arcade and limited billiards tables. Prices range from $10 to $25 for main dishes. The pizzeria has moderate revenue streams focused primarily on its food offerings.
Pepz Pizzeria is located in Placentia, CA, and serves local families and casual diners. Strengths include a strong reputation for quality food and a family-friendly environment. Weaknesses include limited space for billiards and fewer entertainment options compared to larger venues.
Danny K’s Billiards & Sports Bar
Danny K’s Billiards & Sports Bar offers billiards, darts, a full-service bar, and numerous large-screen TVs for sports viewing. Prices for billiards range from $12 to $20 per hour, and food and drinks are moderately priced. Danny K’s enjoys steady revenue from its mix of sports enthusiasts and pool players.
Located in Orange, CA, it attracts a diverse crowd including sports fans, pool enthusiasts, and social groups. Key strengths are its vibrant atmosphere and numerous entertainment options. Weaknesses include a potentially intimidating environment for casual players and higher noise levels.
Competitive Advantages
Our Aristocrat Billiards Lounge distinguishes itself by creating a welcoming and engaging environment that caters to both casual players and serious billiards enthusiasts. Unlike many competitors, we invest heavily in both the aesthetic and functional aspects of our space. The lounge has a modern yet cozy interior design, featuring premium-quality pool tables, comfortable seating, and ambient lighting, which ensures a pleasant experience for all visitors. Additionally, our staff is trained to provide exceptional customer service, ensuring that every visitor feels valued and attended to, whether they are first-time players or seasoned professionals.
We also offer a wide array of amenities and activities that enhance the overall experience. Our menu includes a variety of food and drink options, ranging from quick snacks to gourmet meals, to keep our patrons satisfied during their visit. Furthermore, we host regular leagues, tournaments, and special events that foster a sense of community and encourage repeat visits. These events are supported by our state-of-the-art scoring systems and well-maintained equipment, which ensure fair play and a professional atmosphere. By focusing on these key areas, we create a competitive advantage that attracts a diverse clientele and promotes customer loyalty.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
Aristocrat Billiards Lounge offers an array of products and services designed to cater to both casual players and serious pool enthusiasts. Key products and services include table rentals, cue sticks and accessories, food and beverage service, leagues and tournaments, and merchandise. Each offering is carefully curated to enhance the overall customer experience.
Table rentals are a cornerstone of the business. Customers can rent high-quality billiard tables by the hour. Pricing for table rentals typically ranges from $10 to $20 per hour, depending on the time of day and the type of table selected. This provides flexibility for both casual visitors and regular players looking to practice their skills.
Cue sticks and accessories are also available for purchase or rent. Customers can choose from a selection of standard and premium cue sticks, as well as various accessories like chalk, gloves, and cue cases. Prices for cue sticks start at $30 for basic models and can go up to $200 or more for professional-grade equipment. Accessories are generally priced between $5 and $50.
The food and beverage service aims to offer a variety of options to keep customers refreshed and satisfied. The menu includes snacks, appetizers, and full meals, ranging from $5 to $20. A selection of soft drinks, beers, and cocktails is also available, with prices from $3 to $12. This ensures that players can enjoy a complete entertainment experience without leaving the lounge.
Leagues and tournaments provide structured play opportunities for those looking to compete. Entry fees for leagues are generally set at around $50 per season, while tournament fees can vary from $10 to $100, depending on the prize pool and level of competition. These events create a sense of community and friendly rivalry among patrons.
Lastly, merchandise such as branded apparel, hats, and other memorabilia are available for purchase. Prices for merchandise items typically range from $10 to $50, making them accessible keepsakes for visitors. This adds an additional revenue stream and helps in promoting the brand.
Overall, Aristocrat Billiards Lounge offers a well-rounded selection of products and services, each priced competitively to attract a wide range of customers. From table rentals and quality equipment to food, drinks, and organized competitions, every aspect is designed to provide an enjoyable and comprehensive billiards experience.
Promotions Plan
At Aristocrat Billiards Lounge, we employ a diverse range of promotional methods to attract customers and create a vibrant community around our establishment. Online marketing plays a crucial role in our strategy. We leverage social media platforms such as Facebook, Instagram, and Twitter to engage with our audience, share updates, and promote special events. Regular posts featuring high-quality images and videos of our facilities, events, and satisfied customers help in creating buzz and attracting new patrons.
We also use email marketing campaigns to keep our customers informed about upcoming events, promotions, and exclusive offers. By building an email list through sign-ups on our website and at our venue, we maintain direct communication with our loyal patrons. Our website is optimized for search engines to ensure that when potential customers search for pool halls in Placentia, CA, Aristocrat Billiards Lounge appears at the top of the results.
In addition to our digital efforts, we host regular events and tournaments to draw in competitive players and enthusiasts. These events are publicized through both online channels and local advertising efforts, such as flyers and posters in community centers and nearby businesses. Collaborations with local influencers and bloggers also amplify our reach, as they share their experiences and reviews with their followers.
We understand the importance of word-of-mouth marketing. By providing exceptional customer service and a top-notch experience, we encourage our satisfied customers to recommend Aristocrat Billiards Lounge to their friends and family. Incentive programs, such as referral discounts and loyalty rewards, further encourage repeat visits and referrals.
To attract a broader audience, we offer special promotions and discounts, such as happy hour deals, student discounts, and group booking offers. These promotions are prominently featured on our website and social media channels, ensuring maximum visibility.
Overall, our comprehensive promotional strategy, which includes online marketing, event hosting, local advertising, influencer collaborations, word-of-mouth initiatives, and special promotions, ensures that Aristocrat Billiards Lounge remains a popular and thriving destination for pool enthusiasts in Placentia, CA.
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 Aristocrat Billiards Lounge, there are several key day-to-day operational processes that we will perform:
- Customer Service: We will greet customers warmly upon arrival, ensure prompt service, and address any inquiries or concerns efficiently.
- Facility Maintenance: We will perform daily cleaning of the pool tables, seating areas, restrooms, and floors to maintain a hygienic and inviting environment.
- Inventory Management: We will track and manage inventory levels for beverages, snacks, billiard supplies, and other essentials to ensure availability and minimize waste.
- Staff Scheduling: We will create and manage staff schedules to ensure adequate coverage during peak and non-peak hours, and handle any shift changes or absences promptly.
- Financial Transactions: We will manage cash registers, process payments accurately, and perform end-of-day financial reconciliation to ensure all transactions are accounted for.
- Marketing and Promotions: We will execute daily marketing strategies, such as social media updates, email newsletters, and special promotions to attract and retain customers.
- Customer Feedback: We will actively solicit and review customer feedback to identify areas for improvement and implement necessary changes.
- Event Management: We will organize and oversee events, tournaments, and leagues, ensuring they run smoothly and provide an enjoyable experience for participants.
- Compliance and Safety: We will ensure compliance with local health and safety regulations, including routine inspections and timely resolution of any identified issues.
- Staff Training: We will conduct regular training sessions for staff on customer service, safety protocols, and operational procedures to maintain high service standards.
- Equipment Maintenance: We will perform routine checks and maintenance of billiard tables, cues, and other equipment to ensure they are in optimal condition for use.
- Vendor Relations: We will manage relationships with suppliers and vendors to ensure timely deliveries and negotiate favorable terms.
Milestones
Aristocrat Billiards Lounge expects to complete the following milestones in the coming months in order to ensure its success:
- Secure Location and Lease Agreement: Identify and finalize a prime location in Placentia, CA, that is easily accessible and has high foot traffic.
- Obtain Necessary Permits and Licenses: Ensure all legal requirements are met, including business licenses, health permits, and any specific permits for serving alcohol if applicable.
- Design and Build-Out the Pool Hall: Complete the interior design and construction of the space, ensuring it is inviting, functional, and aligns with the brand identity.
- Purchase and Install Equipment: Acquire high-quality pool tables, cues, balls, and other necessary equipment, and ensure they are properly installed and maintained.
- Hire and Train Staff: Recruit a team of skilled and customer-focused employees, including bartenders, servers, and maintenance staff, and provide comprehensive training.
- Launch Our Pool Hall: Execute a grand opening event with promotions and marketing to attract initial customers and generate buzz in the community.
- Implement Marketing and Promotion Strategies: Continuously engage in marketing activities such as social media campaigns, local advertising, and partnerships with local businesses to drive customer traffic.
- Customer Feedback Loop: Establish a system for gathering and responding to customer feedback to continuously improve services and customer satisfaction.
- Achieve $15,000/Month in Revenue: Implement strategies to reach and maintain a revenue target of $15,000 per month, which includes attracting repeat customers and hosting events or tournaments.
- Monitor Financial Performance: Regularly review financial statements and key performance indicators to ensure the business is on track for profitability and make adjustments as needed.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
Aristocrat Billiards Lounge management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Beau Sanchez, CEO
Beau Sanchez, CEO, brings a wealth of experience and a proven track record in the entertainment industry. With a history of success, Beau has previously run a pool hall, demonstrating his capability to manage and grow similar businesses. His strategic vision and hands-on approach ensure that Aristocrat Billiards Lounge will not only meet but exceed its operational goals. Beau’s leadership is characterized by a deep understanding of customer service, operational efficiency, and innovative marketing strategies, all of which are crucial for the lounge’s lasting success.
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 | $1,929,182 | $2,088,977 | $2,262,007 | $2,449,370 | $2,652,252 |
Direct Expenses | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 |
Gross Profit | $1,195,570 | $1,317,990 | $1,451,742 | $1,597,825 | $1,757,325 |
Gross Profit (%) | 62% | 63.1% | 64.2% | 65.2% | 66.3% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,098,484 | $1,217,959 | $1,348,676 | $1,491,633 | $1,647,910 |
Depreciation | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $18,300 | $18,300 | $18,300 | $18,300 | $18,300 |
Income Tax Expense | $370,714 | $412,530 | $458,281 | $508,316 | $563,013 |
Net Income | $688,470 | $766,128 | $851,094 | $944,016 | $1,045,597 |
Funding Requirements/Use of Funds
To accomplish our growth goals, Aristocrat Billiards Lounge needs $183,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $50,000 |
Furniture | $20,000 |
Equipment & Machines | $30,000 |
Computers & Software | $5,000 |
Non Capital Investments | |
---|---|
Working Capital | $20,000 |
Initial Rent/Lease | $10,000 |
Staff Salaries for the First 3 Months | $30,000 |
Initial Marketing and Advertising | $10,000 |
Supplies | $5,000 |
Insurance | $3,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $1,929,182 | $2,088,977 | $2,262,007 | $2,449,370 | $2,652,252 | |
Total Revenues | $1,929,182 | $2,088,977 | $2,262,007 | $2,449,370 | $2,652,252 | |
Direct Costs | ||||||
Direct Costs | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 | |
Total Direct Costs | $733,612 | $770,987 | $810,265 | $851,544 | $894,926 | |
GROSS PROFIT | $1,195,570 | $1,317,990 | $1,451,742 | $1,597,825 | $1,757,325 | |
GROSS PROFIT % | 62% | 63.1% | 64.2% | 65.2% | 66.3% | |
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 | $1,098,484 | $1,217,959 | $1,348,676 | $1,491,633 | $1,647,910 | |
Depreciation | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,077,484 | $1,196,959 | $1,327,676 | $1,470,633 | $1,626,910 | |
Interest Expense | $18,300 | $18,300 | $18,300 | $18,300 | $18,300 | |
PRETAX INCOME | $1,059,184 | $1,178,659 | $1,309,376 | $1,452,333 | $1,608,610 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,059,184 | $1,178,659 | $1,309,376 | $1,452,333 | $1,608,610 | |
Income Tax Expense | $370,714 | $412,530 | $458,281 | $508,316 | $563,013 | |
NET INCOME | $688,470 | $766,128 | $851,094 | $944,016 | $1,045,597 | |
Net Profit Margin (%) | 35.7% | 36.7% | 37.6% | 38.5% | 39.4% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $692,335 | $1,469,169 | $2,330,001 | $3,287,407 | $4,157,981 | |
Other Current Assets | $165,594 | $179,310 | $194,162 | $204,114 | $221,021 | |
Total Current Assets | $857,929 | $1,648,479 | $2,524,164 | $3,491,521 | $4,379,002 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $105,000 | $105,000 | $105,000 | $105,000 | $105,000 | |
Accum Depreciation | $21,000 | $42,000 | $63,000 | $84,000 | $105,000 | |
Net fixed assets | $84,000 | $63,000 | $42,000 | $21,000 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $941,929 | $1,711,479 | $2,566,164 | $3,512,521 | $4,379,002 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $70,459 | $73,880 | $77,470 | $79,811 | $83,695 | |
Debt outstanding | $183,000 | $183,000 | $183,000 | $183,000 | $0 | |
Total Liabilities | $253,459 | $256,880 | $260,470 | $262,811 | $83,695 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $688,470 | $1,454,598 | $2,305,693 | $3,249,710 | $4,295,307 | |
Total Equity | $688,470 | $1,454,598 | $2,305,693 | $3,249,710 | $4,295,307 | |
TOTAL LIABILITIES & EQUITY | $941,929 | $1,711,479 | $2,566,164 | $3,512,521 | $4,379,002 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $688,470 | $766,128 | $851,094 | $944,016 | $1,045,597 | |
Change in Working Capital | ($95,134) | ($10,295) | ($11,262) | ($7,610) | ($13,023) | |
Plus Depreciation | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $614,335 | $776,833 | $860,832 | $957,405 | $1,053,573 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($105,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($105,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $183,000 | $0 | $0 | $0 | ($183,000) | |
Net Cash Flow from Financing | $183,000 | $0 | $0 | $0 | ($183,000) | |
Net Cash Flow | $692,335 | $776,833 | $860,832 | $957,405 | $870,573 | |
Cash at Beginning of Period | $0 | $692,335 | $1,469,169 | $2,330,001 | $3,287,407 | |
$692,335 | $1,469,169 | $2,330,001 | $3,287,407 | $4,157,981 |