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Italian Ice Business Plan Template

Written by Dave Lavinsky

Italian Ice Business Plan Template
Table of Contents
Table of Contents

Italian Ice Business Plan

Below is our italian ice business plan template and sample plan created using our business plan generator.

I. Executive Summary

Company Overview

At Bella Chill Italian Ice Co., we are introducing an invigorating Italian Ice venture right in the heart of Passaic, NJ. Our mission is to fill the gap in the market for premium, locally-produced Italian ice, offering an exceptional taste experience that’s currently missing in the local dessert scene. With a comprehensive menu that includes frozen dessert cups, Italian ice cakes, popsicles, flavored syrups, and slushies, we cater to a wide range of taste preferences and dietary needs. Each product is crafted with the finest ingredients, emphasizing quality, flavor, and customer satisfaction. We are dedicated to becoming a local staple, providing a unique and delightful alternative to traditional desserts and snacks.

Success Factors

Our confidence in the success of Bella Chill Italian Ice Co. is rooted in the invaluable experience of our founder, who has previously led a successful Italian ice business. This expertise, coupled with our commitment to superior product quality, a diverse flavor selection, and exceeding customer expectations, positions us uniquely in the market. Since our establishment on January 5, 2024, as a Sole Proprietorship, we’ve built a solid foundation through the development of our distinct logo, the careful selection of our company name, and securing an ideal location. These accomplishments underscore our dedication to creating a successful, customer-centric Italian ice company.

Industry Analysis

The Italian Ice industry in the United States, boasting an annual market size of over $200 million, is experiencing a refreshing wave of growth, particularly in warmer regions. With an expected annual growth rate of 3-5%, driven by an increasing demand for healthier dessert options and the rise of unique food experiences through food trucks and pop-up shops, the future looks bright. Bella Chill Italian Ice Co., positioned in Passaic, NJ, is set to capitalize on these trends. Our focus on high-quality ingredients and innovative flavors aligns perfectly with the growing consumer interest in artisanal and locally-made products, positioning us to capture a share of this expanding market.

Customer Analysis

Our primary target is the local residents of Passaic, NJ, who form the backbone of our customer base, providing a steady stream of business throughout the year. We are also focusing on families and young adults seeking refreshing, low-calorie dessert options that do not compromise on taste. Understanding the preferences of our community, alongside our strategic efforts to attract tourists and visitors during peak seasons, ensures that we cater to a broad audience. Our location and marketing initiatives are tailored to offer an authentic taste experience that resonates with both locals and visitors alike.

Competitive Analysis

Our top competitors include Isabella’s Italian Ices & Ice Cream, Ralph’s Famous Italian Ices, and Clyde’s Ices & Ice Cream Co., each offering a range of Italian ices and ice cream with their distinct strengths and weaknesses. Despite the competition, Bella Chill Italian Ice Co. stands out by delivering an unmatched frozen dessert experience. Our commitment to quality, combined with a diverse flavor selection and a unique blending process, positions us as a leader in the industry. We are dedicated to innovation, regularly introducing new, exciting flavors that keep our customers coming back for more.

Marketing Plan

Bella Chill Italian Ice Co. brings a refreshing array of Italian ice-based products, from our staple Frozen Dessert Cups to the innovative Italian Ice Cakes and convenient Popsicles and Slushies, along with Flavored Syrups for at-home enjoyment. Our pricing strategy ensures these treats are accessible to everyone, looking for a refreshing escape. To attract our customers, we employ a robust online marketing strategy, leveraging social media, email marketing, and our website to engage with the community. Additionally, we engage in local sponsorships and community events to boost visibility and demonstrate our commitment to Passaic. A planned loyalty program will reward repeat customers, fostering a strong customer base enthusiastic about our brand.

Operations Plan

To guarantee our success, Bella Chill Italian Ice Co. will focus on crucial operational processes such as inventory management, daily preparation of Italian ice, quality control, and exceptional customer service. Maintaining a clean and sanitary environment is paramount, alongside active marketing efforts and efficient financial management. We will manage staff schedules, ensure equipment maintenance, and collect customer feedback to continually improve our offerings. Upcoming milestones include securing a prime location, obtaining necessary permits, building out and equipping the store, recruiting and training staff, launching marketing activities, and eventually, reaching our initial revenue goal and evaluating plans for expansion.

Management Team

Under the leadership of Lily Cruz, our President, Bella Chill Italian Ice Co. benefits from a wealth of experience and expertise in the Italian ice industry. Lily’s proven track record of entrepreneurial success and her strategic approach to business growth are instrumental in driving our company towards its goals. Her hands-on experience and deep understanding of the market dynamics equip our management team with the capabilities required to navigate the competitive landscape and establish Bella Chill as a premier Italian ice destination.

Financial Plan

To achieve our growth goals, Bella Chill Italian Ice Co. seeks $144,500 in funding. This investment will be allocated towards capital investments such as location buildout, equipment, and initial marketing efforts, as well as non-capital investments including working capital and staff salaries for the first three months. This funding is crucial for laying the groundwork for our operations, enabling us to launch effectively, reach our target audience, and set the stage 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 $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Expenses $1,100,419 $1,156,480 $1,215,397 $1,277,316 $1,342,389
Gross Profit $1,867,554 $2,057,330 $2,264,614 $2,490,945 $2,737,997
Gross Profit (%) 62.9% 64% 65.1% 66.1% 67.1%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,770,468 $1,957,300 $2,161,548 $2,384,752 $2,628,583
Depreciation $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
Interest Expense $14,450 $14,450 $14,450 $14,450 $14,450
Income Tax Expense $608,656 $674,047 $745,534 $823,655 $908,996
Net Income $1,130,362 $1,251,802 $1,384,563 $1,529,646 $1,688,136

II. Company Overview

Bella Chill Italian Ice Co. is a fresh and exciting Italian Ice venture serving the community of Passaic, NJ. As a local Italian ice business, we’ve identified a gap in the market for high-quality, locally produced Italian ice. Understanding the absence of premium local Italian ice options, we are thrilled to introduce our range of delicious, frozen treats to the residents and visitors of Passaic, ensuring an unforgettable taste experience that stands out in the local dessert scene.

At Bella Chill Italian Ice Co., our menu is designed to cater to a wide array of taste preferences and dietary needs. We proudly offer an extensive selection of frozen dessert cups, Italian ice cakes, Italian ice popsicles, flavored syrups, and Italian ice slushies. Each product is crafted using the finest ingredients, with an emphasis on quality, flavor, and customer satisfaction. Our Italian ice is the perfect refreshment for any occasion, whether it’s a hot summer day or a special celebration.

Located in the heart of Passaic, NJ, Bella Chill Italian Ice Co. is perfectly positioned to serve our community with the finest Italian ice. We are committed to becoming a staple in the local food scene, offering a unique and delightful alternative to traditional desserts and snacks.

Our confidence in the success of Bella Chill Italian Ice Co. is backed by several key factors. Our founder brings invaluable experience from previously operating a successful Italian ice business. This expertise, combined with our superior frozen dessert cups, a wide variety of Italian ice flavors, and a passionate dedication to exceeding customer expectations, sets us apart from the competition. We are not only well-equipped but also deeply motivated to become the preferred choice for Italian ice in Passaic and beyond.

Since our inception on January 5, 2024, Bella Chill Italian Ice Co. has made significant strides as a Sole Proprietorship. We’ve proudly developed our distinct logo, meticulously crafted our company name, and secured an ideal location for our business. These accomplishments serve as the foundation of our brand and a testament to our commitment to building a successful, customer-centered Italian ice company.

III. Industry Analysis

The Italian Ice industry in the United States is a thriving market with a current size of over $200 million annually. This frozen dessert has gained popularity across the country, especially in regions with warmer climates where it serves as a refreshing treat for consumers of all ages.

Market research indicates that the Italian Ice industry is expected to experience steady growth in the coming years, with an estimated annual growth rate of 3-5%. This growth is driven by factors such as increasing consumer demand for healthier dessert options and the rise of food trucks and pop-up shops offering unique flavors and experiences.

These trends in the Italian Ice industry bode well for Bella Chill Italian Ice Co., a new player in the market serving customers in Passaic, NJ. As consumer interest in artisanal and locally-made products continues to grow, Bella Chill’s focus on high-quality ingredients and innovative flavors positions them well to capture a share of the expanding Italian Ice market.

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. This segment is crucial for our business since they provide a steady stream of customers year-round. Our products and marketing efforts will be tailored to meet the tastes and preferences of the Passaic community, ensuring that we become a local favorite.

Aside from local residents, we will also focus on families and young adults looking for a refreshing, low-calorie alternative to traditional desserts. Our Italian Ice is perfect for customers who are health-conscious but still want to indulge in a delicious treat. This demographic is increasingly looking for quality, affordability, and convenience, which we will provide.

Moreover, we will target tourists and visitors to Passaic, NJ, especially during peak seasons. By offering a unique taste experience that captures the essence of Italian Ice, we will attract those looking for an authentic and memorable food experience. Our strategic location and marketing initiatives will play a key role in attracting this segment.

Customer Needs

Bella Chill Italian Ice Co. fulfills the growing demand for high-quality Italian ice products among residents who crave this refreshing treat. Customers can expect a diverse range of flavors, catering to a wide array of taste preferences and dietary requirements. This ensures that every visit offers a new and exciting experience for individuals and families alike, looking for a delightful escape from the routine.

In addition to satisfying the craving for Italian ice, Bella Chill focuses on creating a welcoming and vibrant atmosphere. This allows customers not only to enjoy their Italian ice but also to find a pleasant space for relaxation and social interaction. The importance of a friendly environment is paramount, making every visit memorable and encouraging repeat business.

Furthermore, by emphasizing the use of fresh and high-quality ingredients, Bella Chill meets the needs of health-conscious consumers. Customers can indulge in a guilt-free treat, knowing that what they are consuming is both delicious and nutritious. This commitment to quality and health sets Bella Chill apart, ensuring they cater to the preferences of a broad customer base seeking tasty yet wholesome alternatives.

V. Competitive Analysis

Direct Competitors

Bella Chill Italian Ice Co.’s competitors include the following companies:

Isabella’s Italian Ices & Ice Cream This competitor offers a wide variety of Italian ices and ice cream, catering to customers looking for traditional and unique flavors. Price points are competitive, appealing to a broad range of consumers seeking quality desserts at reasonable prices. They generate significant revenues by serving a diverse customer base across multiple locations in the region.

Isabella’s targets both families and individuals of all ages, emphasizing accessibility and community involvement. Their key strengths include a strong brand identity and a loyal customer base. However, a potential weakness lies in their limited geographical reach compared to larger chains, which may restrict their market penetration.

Ralph’s Famous Italian Ices Ralph’s is known for its extensive selection of Italian ices, offering over 100 flavors ranging from classic to innovative combinations. They maintain competitive pricing to attract a broad demographic, from young adults to seniors. The company boasts impressive revenues, underpinned by its reputation and expansive franchise network.

With locations across several states, Ralph’s serves a wide geographic area, catering to a diverse customer base. Their key strengths include a vast product range and a well-established franchise model, facilitating rapid expansion and brand recognition. A potential weakness is the complexity of managing franchise operations, which could impact consistency in product quality and customer experience.

Clyde’s Ices & Ice Cream Co. Clyde’s offers a selection of Italian ices and ice cream, focusing on artisanal and locally sourced ingredients. Their price points are slightly higher, targeting customers who prioritize quality and sustainability. The company generates considerable revenue, reflecting its niche market appeal and strong brand loyalty.

Clyde’s primarily serves the local community, with a few locations in the area. They cater to environmentally conscious consumers and those willing to pay a premium for artisanal products. Their strengths include a commitment to sustainability and high-quality ingredients. However, their higher price points and limited number of locations might be seen as weaknesses in attracting a wider audience.

Competitive Advantages

At Bella Chill Italian Ice Co., we take pride in delivering an unparalleled frozen dessert experience that sets us apart from the competition. Our commitment to quality is evident in every cup of Italian ice we serve. We believe that our Italian ice is not just better; it’s the best in the market. This confidence stems from our meticulous selection of ingredients, our unique blending process, and our passion for creating a product that exceeds expectations. Our frozen dessert cups are crafted to ensure that each bite is a perfect balance of flavor and texture, providing a refreshing and satisfying treat for our customers.

Moreover, we offer an impressive variety of Italian ice flavors, catering to a wide range of taste preferences. This diversity in our product lineup is a significant competitive advantage, as it allows us to meet the desires of more customers than our competitors. Whether someone is seeking a classic flavor or something more adventurous, we have something that will delight their palate. Our ability to innovate and introduce new, exciting flavors regularly keeps our customers coming back for more. This variety, coupled with our superior quality, positions Bella Chill Italian Ice Co. as a leader in the frozen dessert industry.

VI. Marketing Plan

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

Products, Services & Pricing

Bella Chill Italian Ice Co. offers a refreshing array of frozen treats that cater to a variety of tastes and preferences, ensuring there’s something for everyone. At the heart of their offerings are the Frozen Dessert Cups, a staple product that captures the essence of Italian ice with its smooth texture and vibrant flavors. Customers can expect to pay an average of $4 for a generously portioned cup, making it an affordable luxury on a hot day.

For those looking to celebrate a special occasion or simply indulge in a unique dessert experience, the Italian Ice Cakes are the perfect choice. These beautifully crafted cakes combine the delightful flavors of Italian ice with the visual appeal of a traditional cake. Depending on the size and customization options, prices for these Italian Ice Cakes start at around $25, offering a novel dessert option that is sure to impress at any gathering.

Italian Ice Popsicles represent a portable and convenient option for enjoying the fresh, fruity flavors of Italian ice on the go. Priced at about $2 each, these popsicles are a hit with both children and adults alike, providing a cool respite on a warm day without breaking the bank. The variety of flavors available ensures that there is a popsicle to suit every palate.

In addition to their frozen treats, Bella Chill Italian Ice Co. also offers Flavored Syrups, allowing customers to bring the taste of authentic Italian ice into their homes. These syrups are perfect for making homemade Italian ice, adding a burst of flavor to drinks, or drizzling over desserts. With an average price of $6 per bottle, these syrups are an affordable way to experiment with different flavors and create personalized treats.

Finally, for those who prefer a more sippable option, the Italian Ice Slushies are a must-try. These slushies blend the icy texture of Italian ice with a drinkable consistency, making them the perfect refreshment for those on the move. Available for around $3.50, Italian Ice Slushies offer a cool, refreshing alternative to traditional beverages.

In summary, Bella Chill Italian Ice Co. provides a diverse range of Italian ice-based products that cater to varying tastes and occasions. From the classic Frozen Dessert Cups to the innovative Italian Ice Cakes, and the convenient Popsicles and Slushies, there’s something for everyone. With the addition of Flavored Syrups, customers can also enjoy the authentic taste of Italian ice in new and creative ways. The pricing strategy ensures that these delightful treats are accessible to all, promising a refreshing escape for those in search of a cool treat.

Promotions Plan

To attract customers, we at Bella Chill Italian Ice Co. harness a variety of promotional methods, focusing heavily on online marketing. We understand the power of digital presence and will leverage it to build a strong connection with our audience in Passaic, NJ, and beyond. Our approach includes a well-rounded strategy that encompasses social media, email marketing, and a user-friendly website to showcase our delicious Italian Ice offerings.

We will actively engage with our community on social media platforms such as Instagram, Facebook, and Twitter. Through these channels, we expect to share mouth-watering images of our Italian Ice, announce new flavors, and promote special deals. Social media also offers us a direct line to our customers, allowing us to respond to feedback, participate in local conversations, and build a loyal following through interactive and engaging content.

Email marketing will play a critical role in our promotional efforts. We will collect emails from our customers through our website and in-store promotions, then use this list to send out regular newsletters. These newsletters will include updates about new flavors, exclusive offers, and upcoming events. By keeping our customers informed and engaged, we expect to encourage repeat business and word-of-mouth referrals.

Our website will serve as the central hub for Bella Chill Italian Ice Co. It will not only provide essential information such as our location, hours, and menu but also feature a blog where we share news, recipes, and behind-the-scenes looks at our operations. We expect that a dynamic and informative website will improve our visibility in search engine results, attracting more customers to our store.

In addition to online marketing, we will also employ traditional promotional tactics such as local sponsorships and participation in community events. By aligning ourselves with local sports teams, schools, and festivals, we expect to increase our brand visibility and demonstrate our commitment to the Passaic community. Offering samples at these events will give potential customers a taste of our product, further driving foot traffic to our store.

Finally, we plan to implement a loyalty program that rewards our customers for their repeat business. This program will encourage customers to return by offering discounts, free products, or other incentives after a certain number of purchases. Through this, we expect to build a strong base of regular customers who are excited to engage with our brand.

By combining these online and traditional marketing strategies, we at Bella Chill Italian Ice Co. are confident in our ability to attract and retain a wide customer base in Passaic, NJ. Our focus on engagement, community involvement, and customer satisfaction will help us stand out in the competitive Italian Ice market.

VII. Operations Plan

Our Operations Plan details:

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

 

Key Operational Processes

To ensure the success of Bella Chill Italian Ice Co., there are several key day-to-day operational processes that we will perform.

  • Inventory Management: We routinely check and restock ingredients and supplies to ensure continuous operation. This includes syrups, ice, cups, spoons, and napkins.
  • Preparation of Italian Ice: Daily preparation of Italian ice in various flavors to meet demand. This involves selecting quality ingredients, mixing, freezing, and ensuring the product meets our high standards.
  • Quality Control: Conduct regular quality checks throughout the day to maintain the high-quality standards of our Italian ice, ensuring consistency in taste and presentation.
  • Customer Service: Provide exceptional customer service, including greeting customers warmly, taking orders accurately, and handling transactions efficiently.
  • Cleanliness and Sanitation: Maintain a clean and sanitary environment both in the serving and preparation areas to comply with health regulations and ensure customer safety.
  • Marketing and Promotion: Engage in daily marketing efforts, which can include social media posting, local advertising, and special promotions to attract and retain customers.
  • Financial Management: Handle daily financial tasks, including sales tracking, expense monitoring, and cash management to ensure profitability and sustainability.
  • Staff Management: Manage staff schedules, assign tasks, and provide training to ensure efficient operation and high levels of service.
  • Equipment Maintenance: Regularly check and maintain equipment such as freezers, mixers, and serving tools to ensure they are in good working condition and to prevent downtime.
  • Feedback Collection: Collect and review customer feedback to identify areas for improvement and to adapt the product offering to meet customer preferences and trends.

Milestones

Bella Chill Italian Ice Co. expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure a Prime Location: Identify and lease a storefront in a high-traffic area of Passaic, NJ, that is accessible and visible to our target demographic. This location should also comply with local zoning laws for food and beverage businesses.
  • Obtain Necessary Permits and Licenses: Complete all required paperwork to legally operate, including food service licenses, health department certifications, and any other local business operation permits. This will ensure compliance with state and city regulations and avoid any legal issues that could delay the opening.
  • Build Out and Equip the Store: Design and outfit the store with the necessary equipment (freezers, counters, cash registers, etc.) and decor that reflects the Bella Chill brand. Ensure that the layout optimizes customer flow and service efficiency.
  • Recruit and Train Staff: Hire a team that includes a store manager, kitchen staff, and servers. Provide comprehensive training on customer service, food safety, and product knowledge to ensure high-quality service and product consistency from day one.
  • Develop and Test Product Offerings: Create a diverse menu of Italian ice flavors, including both traditional and unique options. Conduct taste tests to refine recipes and ensure product quality meets customer expectations.
  • Launch Marketing and Promotional Activities: Implement a marketing strategy that includes social media promotion, local advertising, and grand opening events to generate buzz and attract customers. Build partnerships with local businesses and community organizations to increase brand visibility.
  • Launch Our Italian Ice Business: Open the doors to Bella Chill Italian Ice Co. with a well-publicized grand opening event aimed at introducing the brand and products to the local community, encouraging initial customer trials and feedback.
  • Implement an Efficient Operational System: Establish efficient operational processes for inventory management, ordering, and customer service to minimize waste and maximize profitability. Utilize customer feedback to continuously improve product quality and service.
  • Reach $15,000/Month in Revenue: Focus on growing the customer base and increasing sales through strategic marketing, exceptional product quality, and outstanding customer service. Adjust marketing strategies and product offerings based on customer preferences and seasonal trends to sustain and increase revenue.
  • Evaluate and Plan for Expansion: Upon reaching the initial revenue goal, assess the feasibility of expanding the product line, extending store hours, or opening additional locations in neighboring areas to capitalize on the brand’s growing popularity and success.

VIII. Management Team

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

Management Team Members

Bella Chill Italian Ice Co. management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Lily Cruz, President

Lily Cruz brings to Bella Chill Italian Ice Co. a proven track record of entrepreneurial success, particularly in the Italian ice industry. Her experience is marked by a previous successful venture into the Italian ice business, where she demonstrated her capability in managing operations, strategizing business growth, and understanding the nuances of the market. Her leadership as the President of Bella Chill Italian Ice Co. is underpinned by this rich background, equipping her with the necessary insights and expertise to steer the company towards sustainability and profitability. Lily’s hands-on experience and strategic approach are invaluable assets in navigating the competitive landscape and in making Bella Chill a household name.

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 $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Expenses $1,100,419 $1,156,480 $1,215,397 $1,277,316 $1,342,389
Gross Profit $1,867,554 $2,057,330 $2,264,614 $2,490,945 $2,737,997
Gross Profit (%) 62.9% 64% 65.1% 66.1% 67.1%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,770,468 $1,957,300 $2,161,548 $2,384,752 $2,628,583
Depreciation $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
Interest Expense $14,450 $14,450 $14,450 $14,450 $14,450
Income Tax Expense $608,656 $674,047 $745,534 $823,655 $908,996
Net Income $1,130,362 $1,251,802 $1,384,563 $1,529,646 $1,688,136

Funding Requirements/Use of Funds

To accomplish our growth goals, Bella Chill Italian Ice Co. needs $144,500 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $50,000
Furniture $10,000
Equipment and Machines $20,000
Computers and POS System $5,000
Non Capital Investments
Working Capital $30,000
Initial Rent/Lease $4,500
Staff Salaries for First 3 Months $15,000
Initial Marketing and Advertising $5,000
Supplies $3,000
Insurance $2,000

Financial Projections

financial projection italian ice business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Total Revenues $2,967,973 $3,213,811 $3,480,011 $3,768,261 $4,080,387
Direct Costs
Direct Costs $1,100,419 $1,156,480 $1,215,397 $1,277,316 $1,342,389
Total Direct Costs $1,100,419 $1,156,480 $1,215,397 $1,277,316 $1,342,389
GROSS PROFIT $1,867,554 $2,057,330 $2,264,614 $2,490,945 $2,737,997
GROSS PROFIT % 62.9% 64% 65.1% 66.1% 67.1%
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 $1,770,468 $1,957,300 $2,161,548 $2,384,752 $2,628,583
Depreciation $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
EBIT $1,753,468 $1,940,300 $2,144,548 $2,367,752 $2,611,583
Interest Expense $14,450 $14,450 $14,450 $14,450 $14,450
PRETAX INCOME $1,739,018 $1,925,850 $2,130,098 $2,353,302 $2,597,133
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,739,018 $1,925,850 $2,130,098 $2,353,302 $2,597,133
Income Tax Expense $608,656 $674,047 $745,534 $823,655 $908,996
NET INCOME $1,130,362 $1,251,802 $1,384,563 $1,529,646 $1,688,136
Net Profit Margin (%) 38.1% 39% 39.8% 40.6% 41.4%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $1,053,700 $2,306,408 $3,690,380 $5,225,146 $6,765,463
Other Current Assets $254,760 $275,861 $298,711 $314,021 $340,032
Total Current Assets $1,308,461 $2,582,270 $3,989,092 $5,539,167 $7,105,495
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $85,000 $85,000 $85,000 $85,000 $85,000
Accum Depreciation $17,000 $34,000 $51,000 $68,000 $85,000
Net fixed assets $68,000 $51,000 $34,000 $17,000 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,376,461 $2,633,270 $4,023,092 $5,556,167 $7,105,495
LIABILITIES & EQUITY
Current Liabilities $101,598 $106,606 $111,863 $115,292 $120,983
Debt outstanding $144,500 $144,500 $144,500 $144,500 $0
Total Liabilities $246,098 $251,106 $256,363 $259,792 $120,983
Share Capital $0 $0 $0 $0 $0
Retained earnings $1,130,362 $2,382,164 $3,766,728 $5,296,375 $6,984,512
Total Equity $1,130,362 $2,382,164 $3,766,728 $5,296,375 $6,984,512
TOTAL LIABILITIES & EQUITY $1,376,461 $2,633,270 $4,023,092 $5,556,167 $7,105,495

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $1,130,362 $1,251,802 $1,384,563 $1,529,646 $1,688,136
Change in Working Capital ($153,161) ($16,094) ($17,592) ($11,881) ($20,319)
Plus Depreciation $17,000 $17,000 $17,000 $17,000 $17,000
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $994,200 $1,252,708 $1,383,971 $1,534,765 $1,684,817
CASH FLOW FROM INVESTMENTS
Fixed Assets ($85,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($85,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $144,500 $0 $0 $0 ($144,500)
Net Cash Flow from Financing $144,500 $0 $0 $0 ($144,500)
Net Cash Flow $1,053,700 $1,252,708 $1,383,971 $1,534,765 $1,540,317
Cash at Beginning of Period $0 $1,053,700 $2,306,408 $3,690,380 $5,225,146
$1,053,700 $2,306,408 $3,690,380 $5,225,146 $6,765,463

 

Dave Lavinsky
Over the past 25 years, Dave Lavinsky, Founder of PlanPros has helped over 1 million entrepreneurs develop business plans.
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