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Mobile Coffee Cart Business Plan Template

Written by Dave Lavinsky

Mobile Coffee Cart Business Plan Template
Table of Contents
Table of Contents

Mobile Coffee Cart Business Plan

Below is our mobile coffee cart business plan template and sample plan created using our free ai business plan generator.

I. Executive Summary

Company Overview

At Coffee on Wheels, we are dedicated to bringing high-quality, freshly brewed coffee directly to our customers wherever they may be located. Based in West Des Moines, Iowa, our mobile coffee shop concept caters to coffee lovers across the city, offering them the convenience of their favorite beverages without the need to visit a stationary location. Our unique business model leverages mobility to access a variety of customer segments, from busy professionals in need of a morning pick-me-up to attendees at local events seeking a warm beverage. This approach not only allows us to expand our reach beyond traditional coffee shops but also enables us to create a personalized coffee experience in the heart of our community.

Success Factors

Our success can be attributed to several key factors, including our commitment to quality, variety, and customer service. We source premium coffee beans and employ expert brewing techniques to ensure each cup we serve is of the highest quality. Our diverse menu caters to a wide range of tastes and preferences, offering something unique for every customer. Additionally, our mobile nature allows us to serve customers in various locations, providing convenience and accessibility that set us apart from traditional coffee shops. To date, we have successfully established a loyal customer base and have become a recognized name in the West Des Moines coffee scene, thanks to our focus on quality, variety, and mobility.

Industry Analysis

The coffee industry remains robust and continues to grow, driven by increasing consumer demand for specialty coffee and convenience. The rise of mobile coffee shops like ours is a testament to the industry’s adaptability, meeting customers’ needs for high-quality coffee on the go. This trend aligns with the broader movement towards mobile and food truck businesses, which offer entrepreneurs lower startup costs and the flexibility to reach a wider audience. Despite the competitive landscape, the ongoing demand for coffee, combined with the growing appreciation for specialty brews, presents significant opportunities for businesses that can offer quality, variety, and a unique customer experience.

Customer Analysis

Our target customers are diverse, spanning various age groups and backgrounds with a common love for high-quality coffee. They range from young professionals seeking a convenient caffeine fix on their way to work, to students looking for a cozy beverage while studying, to families and seniors enjoying leisurely weekends at local events. Our mobile setup allows us to cater to this wide array of customers, adapting our locations and menu offerings to meet their specific needs and preferences. Understanding our customers’ habits and desires enables us to continually refine our offerings and service approach, ensuring we remain a preferred choice for coffee enthusiasts in West Des Moines.

Competitive Analysis

Our primary competitors include local coffee shops and national chains, as well as other mobile coffee services in the West Des Moines area. However, Coffee on Wheels differentiates itself through the quality of our coffee, our extensive selection of brews, and the convenience of our mobile service. Our ability to bring the coffee shop experience directly to our customers, combined with our focus on community engagement and personalized service, sets us apart in the competitive landscape.

Marketing Plan

Our marketing strategy focuses on highlighting our high-quality coffee, diverse menu, and unique mobile service. We offer a range of products from classic coffees to specialty beverages, catering to a broad customer base with competitive pricing strategies. Promotions are tailored to increase visibility and attract new customers through social media engagement, participation in local events, and loyalty programs designed to reward our regulars. By leveraging these channels, we aim to build a strong brand presence in West Des Moines, fostering a community of coffee lovers who appreciate the convenience and quality of Coffee on Wheels.

Operations Plan

Our operational framework is designed to ensure excellence in every cup we serve. This includes meticulous inventory management, rigorous equipment maintenance, and consistent quality control measures. We prioritize staff training and customer feedback to maintain high service standards. Financial management, marketing efforts, and compliance with health and safety regulations are integral to our operations. Additionally, we strategically plan our locations and routes to maximize customer reach and sales opportunities. Achieving these operational milestones is crucial for our growth and success in the competitive coffee industry.

Management Team

Our management team comprises individuals with extensive experience in the coffee industry, business management, and customer service. This diverse skill set ensures that Coffee on Wheels operates smoothly and continues to grow. Each team member brings a unique perspective and expertise, contributing to our innovative approach to mobile coffee service and our commitment to creating memorable coffee experiences for our customers.

Financial Plan

To reach our growth goals, Coffee on Wheels requires funding to expand our operations, including the acquisition of additional mobile coffee units and the enhancement of our marketing efforts. This investment will enable us to serve a larger customer base, improve our product offerings, and solidify our position as a leader in the mobile coffee industry in West Des Moines and beyond.

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 $2,164,147 $2,343,404 $2,537,508 $2,747,690 $2,975,282
Direct Expenses $764,180 $803,111 $844,026 $887,025 $932,215
Gross Profit $1,399,967 $1,540,292 $1,693,482 $1,860,665 $2,043,067
Gross Profit (%) 64.7% 65.7% 66.7% 67.7% 68.7%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,302,882 $1,440,261 $1,590,416 $1,754,472 $1,933,652
Depreciation $4,600 $4,600 $4,600 $4,600 $4,600
Amortization $0 $0 $0 $0 $0
Interest Expense $3,900 $3,900 $3,900 $3,900 $3,900
Income Tax Expense $453,033 $501,116 $553,670 $611,090 $673,803
Net Income $841,348 $930,645 $1,028,245 $1,134,882 $1,251,349

 

II. Company Overview

Coffee on Wheels is a pioneer in the mobile coffee scene in West Des Moines, IA. As a local mobile coffee cart, we pride ourselves on being the first to offer high-quality coffee options on the go in the area. With our dedication to quality and convenience, we aim to bring the best coffee experience directly to our customers, wherever they are.

At Coffee on Wheels, our menu is designed to cater to a wide array of tastes and preferences. Our offerings include a variety of espresso-based drinks, filtered coffee for those who appreciate the classics, and specialty drinks for those looking to try something new. To complement our range of beverages, we also serve a selection of pastries and baked goods, perfect for a quick snack on the go. For our customers who wish to enjoy our coffee at home, we offer packaged coffee beans or grounds, ensuring everyone can enjoy our high-quality coffee, no matter where they are.

Based in West Des Moines, IA, Coffee on Wheels is committed to serving the local community. Our unique position in the market allows us to bring a high-quality, convenient coffee experience to the doorsteps of West Des Moines residents. Our mobility ensures that we can reach our customers in various locations, making us a convenient choice for their daily coffee needs.

Our success is driven by several key factors. Firstly, our founder brings valuable experience from running a successful mobile coffee cart, ensuring that we have the knowledge and expertise to excel in this venture. Additionally, our commitment to quality sets us apart from our competitors. We pride ourselves on making better coffee and offering a wider variety of coffee options than any other provider in the area. This dedication to excellence is what we believe will make Coffee on Wheels a beloved choice among coffee lovers in West Des Moines.

Since our founding on January 6, 2024, Coffee on Wheels has achieved notable milestones as an S Corporation. We have successfully designed our logo, which represents our brand’s identity and values. Our company name was thoughtfully developed to reflect our unique service and mission. Furthermore, we secured a great location that allows us to serve our customers effectively and efficiently. These accomplishments mark the beginning of our journey, and we are excited for what the future holds for Coffee on Wheels.

 

III. Industry Analysis

The Mobile Coffee Cart industry in the United States is currently experiencing significant growth, with an estimated market size of over $1 billion. This growth can be attributed to the increasing demand for convenient and high-quality coffee options on-the-go, as well as the rise of entrepreneurship and small business ownership in the food and beverage sector. With more consumers looking for unique and personalized coffee experiences, the Mobile Coffee Cart industry is poised for continued expansion in the coming years.

Market research indicates that the Mobile Coffee Cart industry is expected to grow at a compound annual growth rate of 12% over the next five years. This projected growth is driven by factors such as changing consumer preferences towards artisanal and specialty coffee, as well as the growing popularity of mobile food and beverage options. As more consumers seek out convenient and customizable coffee solutions, Mobile Coffee Carts are well-positioned to capitalize on this trend and capture a larger share of the market.

Coffee on Wheels, as a new Mobile Coffee Cart serving customers in West Des Moines, IA, stands to benefit from the positive trends in the industry. With a focus on providing high-quality coffee beverages and exceptional customer service, Coffee on Wheels is well-positioned to attract a loyal customer base and drive revenue growth. By staying abreast of industry trends and continuously innovating their menu offerings and customer experience, Coffee on Wheels can establish itself as a leader in the Mobile Coffee Cart market in their region.

 

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, focusing on those who live and work within the West Des Moines area. These individuals are looking for convenient, high-quality coffee options that fit into their busy lifestyles. By positioning our mobile coffee cart in strategic locations, we will cater to this segment’s need for quick and easy access to premium coffee and snacks.

We will also target professionals who are in need of a quick coffee fix before heading to the office or in between meetings. Our menu will be designed to appeal to this group, offering a variety of coffee blends and quick snacks that are perfect for on-the-go consumption. This approach will ensure we meet the demands of the fast-paced work environment prevalent in the area.

Additionally, we will tailor our services to cater to students and remote workers looking for a comfortable, mobile space to enjoy their coffee while studying or working. By offering free Wi-Fi and creating a cozy ambiance around our cart, we will attract customers seeking a conducive environment for productivity outside of the traditional office or home setting. This will position us as a versatile coffee solution catering to a wide array of needs within the community.

Customer Needs

Coffee on Wheels caters to the burgeoning demand for high-quality coffee among residents who prioritize excellence in their daily cup. Customers can expect a range of premium coffee selections that satisfy their sophisticated palates. This mobile coffee cart ensures that access to superior coffee blends is convenient and straightforward, meeting the needs of coffee enthusiasts on the go.

Moreover, Coffee on Wheels addresses the modern consumer’s need for quick and efficient service. In today’s fast-paced world, customers appreciate the ability to receive their favorite beverages without significant wait times. The mobility of the cart allows it to serve customers in various locations throughout the day, ensuring that high-quality coffee is always within reach.

In addition to serving individual customers, Coffee on Wheels fulfills a unique niche in the market by catering to corporate events and gatherings. Businesses looking to offer something special at their events can rely on this mobile cart for providing exceptional coffee experiences. This service not only elevates the event but also underscores a company’s commitment to quality and sophistication.

 

V. Competitive Analysis

Direct Competitors

Coffee on Wheels’s competitors include the following companies:

Friedrichs Coffee offers a wide range of coffee beverages, from traditional espresso drinks to specialty flavored coffees. Their price points are moderate, aiming to attract a broad customer base. Friedrichs Coffee operates several locations across the city, catering to customers who appreciate artisan coffee experiences. Their key strength lies in their high-quality coffee and comfortable café environments, making them a popular choice for coffee lovers. However, their weakness might be the limited food options available, which could deter customers looking for a more extensive café menu.

La Barista Coffee focuses on providing a unique coffee experience by incorporating international coffee flavors and brewing techniques. They offer a variety of coffee drinks, teas, and light snacks, with prices slightly higher than average to reflect the premium experience. La Barista Coffee serves a niche market of coffee connoisseurs looking for unique flavors and experiences. They have a single, strategically located shop that attracts both locals and tourists. The key strength of La Barista Coffee is its emphasis on unique coffee cultures, but its limited presence and higher price points could be seen as weaknesses compared to more accessible competitors.

Hyper Energy Bar is not a traditional coffee shop but a venue that offers energy-boosting beverages, including coffee-based drinks, energy drinks, and healthy smoothies. Their prices are competitive, aiming to attract a younger demographic interested in fitness and wellness. Hyper Energy Bar operates in a few locations within health clubs and fitness centers, as well as standalone stores in high-traffic areas. Their strength lies in their focus on health and energy-boosting products, catering to a specific customer segment. However, their weakness might be the narrower focus on energy and health drinks, which might not appeal to traditional coffee enthusiasts looking for a classic coffee shop experience.

Competitive Advantages

At Coffee on Wheels, we pride ourselves on delivering an unparalleled coffee experience directly to our customers, no matter where they are in the community. Our edge over the competition starts with the quality of our coffee. We source premium beans and employ expert brewing techniques to ensure each cup we serve is noticeably superior to what’s available elsewhere. But it’s not just about quality; variety plays a key role as well. We offer a more extensive selection of coffee varieties than our competitors, catering to the unique tastes and preferences of our diverse clientele. This means our customers can always expect to find something new and exciting on our menu alongside their traditional favorites.

In addition to our superior coffee and wide variety, our mobile nature is a significant competitive advantage. This flexibility allows us to meet our customers wherever they are, providing convenience that static locations simply cannot match. Whether it’s a busy morning rush at a corporate park or a leisurely weekend at a community event, we bring the coffee shop experience directly to our customers. This accessibility not only enhances customer satisfaction but also expands our reach beyond the confines of a traditional café setting. Furthermore, our presence at various locations and events around West Des Moines creates unique opportunities for personalized customer service and community engagement, setting us apart in the local coffee scene.

VI. Marketing Plan

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

Products, Services & Pricing

Coffee on Wheels emerges as a beacon for coffee enthusiasts, offering a mobile oasis of rich aromas and flavors. This innovative venture brings the cafe experience directly to the streets, providing both convenience and quality in every cup. With a diverse menu that caters to a variety of preferences, customers can indulge in everything from classic espresso-based drinks to unique specialty concoctions, complemented by an assortment of pastries and baked goods. The selection doesn’t end there; for those who wish to recreate the Coffee on Wheels experience at home, packaged coffee beans or grounds are also available for purchase.

Espresso-based drinks stand at the core of their offerings, drawing in purists and aficionados alike. Expect to find your favorite lattes, cappuccinos, and macchiatos, meticulously crafted from freshly ground beans. The average selling price for these espresso-based delights hovers around $4, ensuring that quality coffee remains accessible to all. Whether you’re in need of a morning pick-me-up or an afternoon energy boost, these beverages promise to deliver both satisfaction and sophistication.

For those who appreciate the simplicity and robust flavor of traditional coffee, filtered coffee is also on the menu. Priced at an average of $2, it offers a straightforward yet satisfying coffee experience, perfect for those busy mornings or chilly afternoons. This option is not only budget-friendly but also showcases the quality of the beans used, with each cup offering a clean and distinct taste profile.

Complementing the beverage selection, an array of pastries and baked goods are available, making Coffee on Wheels a one-stop shop for breakfast or a midday treat. From croissants to muffins, each item is selected to pair perfectly with your coffee choice. With an average price of $3 per item, customers can enjoy a delicious snack without breaking the bank. These offerings are not only a treat to the taste buds but also add an extra layer of comfort to the coffee-drinking experience.

Specialty drinks cater to those looking for something a bit out of the ordinary. These beverages, ranging from seasonal specials to innovative creations, are priced at an average of $5. They provide a unique twist on the traditional coffee menu, incorporating flavors and ingredients that elevate the coffee experience to new heights. For the adventurous coffee lover, these specialty drinks offer a delightful and unexpected journey of taste.

Lastly, for enthusiasts wanting to enjoy their favorite brews in the comfort of their own home, Coffee on Wheels offers packaged coffee beans or grounds. With an average price of $15 per package, customers can take a piece of their mobile coffee experience home. These packages allow for the exploration of different roasts and origins, offering a deeper understanding and appreciation of coffee.

In summary, Coffee on Wheels caters to a wide array of tastes and preferences, ensuring that every visit is both memorable and satisfying. Through a careful selection of products and a commitment to quality, this mobile coffee cart stands out as a must-visit destination for coffee lovers.

Promotions Plan

Embarking on an exciting journey to revitalize the coffee experience in West Des Moines, IA, we at Coffee on Wheels bring a unique and vibrant twist to the usual coffee stop. Our mobile coffee cart will cater to the bustling masses yearning for that perfect cup of joe on-the-go, wherever they may be. To ensure our venture not only reaches but also exceeds our expectations in attracting customers, we will employ a multifaceted promotional strategy, heavily emphasizing online marketing while incorporating additional innovative methods to create buzz and build a solid customer base.

Understanding the power of the digital world, we will leverage online marketing to its fullest potential. Our approach includes the creation of a visually appealing website that’s not just informative but also easy to navigate. It will feature our menu, our journey, and real-time updates on our cart’s location to make finding us as easy as pie. Social media platforms like Instagram, Facebook, and Twitter will become our storytelling canvas. We will share captivating content, from behind-the-scenes looks at our operations to the stories of the people we serve and the coffee we brew. Engaging with our audience through regular posts, stories, and interactive sessions will not only increase our visibility but also foster a community of coffee lovers around our brand.

Email marketing will complement our online presence, where we will send out newsletters containing special promotions, loyalty rewards, and updates about where our cart will be located next. This direct line of communication will keep our customers engaged and informed, encouraging repeat visits and word-of-mouth referrals.

Beyond the digital realm, we will establish partnerships with local businesses and event organizers. Participating in community events, festivals, and private functions will expose our brand to diverse crowds, providing us with the opportunity to showcase our exceptional coffee and customer service. Collaborations with local businesses, such as bookstores or art galleries, will enable us to reach new audiences who share similar values and interests.

To create an initial buzz and attract customers right from the start, we will host a launch event. This event will not only celebrate our entry into the coffee scene but also offer free samples, live music, and special offers to those who join our mailing list or follow us on social media. It will serve as a powerful tool to generate immediate interest and build our customer base from day one.

Lastly, we will encourage customer feedback and use it to improve our services continuously. Engaging customers by asking for their opinions and suggestions will make them feel valued and part of our journey, fostering a strong and loyal community around Coffee on Wheels.

In conclusion, our promotional strategy is designed to be dynamic and engaging, utilizing online marketing as its backbone while creatively integrating other methods to ensure our mobile coffee cart becomes a beloved staple in West Des Moines, IA. Through consistent effort, genuine engagement, and unparalleled service, we expect to not only attract customers but also create lasting relationships with them.

 

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 Coffee on Wheels, there are several key day-to-day operational processes that we will perform.

  • Inventory Management:
    • Check inventory levels of coffee beans, milk, sugar, and other supplies at the start of each day.
    • Reorder supplies as necessary to ensure we never run out of stock.
    • Perform weekly inventory audits to track usage rates and adjust orders accordingly.
  • Equipment Maintenance:
    • Conduct daily inspections of the coffee machines, grinders, and other equipment to ensure they are functioning correctly.
    • Clean all equipment thoroughly at the end of each day to maintain the highest quality of service and comply with health regulations.
    • Schedule regular maintenance checks and repairs for all equipment to prevent unexpected breakdowns.
  • Quality Control:
    • Taste test coffee regularly throughout the day to ensure consistency and quality.
    • Train staff continually on brewing techniques and customer service practices to maintain high standards.
    • Collect customer feedback to identify areas for improvement and adjust operations as necessary.
  • Financial Management:
    • Track daily sales and expenses to monitor the financial health of the business.
    • Manage cash flow carefully to cover operational costs and plan for future investments.
    • Prepare monthly financial reports to assess performance and plan for growth.
  • Marketing and Customer Engagement:
    • Update social media platforms regularly to engage with customers and inform them of locations, specials, and new products.
    • Participate in local events and festivals to increase brand visibility and attract new customers.
    • Implement loyalty programs to encourage repeat business and reward loyal customers.
  • Compliance and Licensing:
    • Ensure that the business complies with all local health and safety regulations.
    • Maintain up-to-date licenses for operating a mobile food service business in West Des Moines, IA.
    • Stay informed about changes in regulations and adjust operations as necessary to remain compliant.
  • Logistics and Location Planning:
    • Identify and secure optimal locations for serving customers, considering foot traffic, competition, and local regulations.
    • Plan the daily route and schedule to maximize exposure and sales opportunities.
    • Adjust the location plan based on seasons, events, and customer feedback to capture new market opportunities.

Milestones

Coffee on Wheels expects to complete the following milestones in the coming months in order to ensure its success:

  • Acquire Necessary Permits and Licenses: Successfully navigate the local regulatory environment to obtain all required permits and licenses for operating a mobile coffee cart in West Des Moines, IA. This includes health department approvals, business licenses, and any specific mobile vending permits.
  • Purchase and Customize the Coffee Cart: Identify, purchase, and customize a suitable mobile coffee cart. This includes equipping the cart with all necessary coffee-making equipment, storage, and branding materials to ensure it is fully operational and visually appealing to attract customers.
  • Develop a Supply Chain Strategy: Establish relationships with suppliers for coffee beans, milk, sugar, and other ingredients and consumables. Ensure the supply chain is reliable, cost-effective, and capable of scaling with the business.
  • Launch Our Mobile Coffee Cart: Officially launch the Coffee on Wheels cart in a strategically chosen location within West Des Moines, ensuring high visibility and foot traffic. Launch activities may also include marketing efforts such as social media announcements, local press, or an opening event to generate initial customer interest.
  • Implement a Marketing and Branding Strategy: Develop and begin executing a comprehensive marketing and branding strategy to build brand recognition. This includes social media marketing, loyalty programs, partnerships with local businesses, and participation in community events to increase visibility.
  • Build a Strong Customer Base: Focus on building a loyal customer base through excellent customer service, quality coffee, and consistent experience. Encourage word-of-mouth referrals and leverage customer feedback to improve service and offerings.
  • Achieve Operational Efficiency: Optimize operations to reduce waste, improve service speed, and enhance product quality. This could involve training for staff, investing in more efficient equipment, or tweaking the menu based on popular items and profitability.
  • Expand Locations: Begin scouting for additional locations within West Des Moines or in nearby areas where the mobile coffee cart can operate on different days of the week, thereby increasing its reach and revenue potential.
  • Get to $15,000/Month in Revenue: Grow the business to consistently generate at least $15,000 per month in revenue. This milestone will be crucial for proving the business model’s viability and supporting further expansion or scaling efforts.

 

VIII. Management Team

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

Management Team Members

Luka Watson, President

Luka Watson brings a wealth of entrepreneurial spirit and coffee industry acumen to Coffee on Wheels. With a proven track record of operating a mobile coffee cart, Luka has demonstrated not only a passion for coffee but also a deep understanding of the mobile vending business model. This experience is invaluable for overseeing the operations, marketing, and strategic direction of Coffee on Wheels. Luka’s hands-on approach to leadership and commitment to quality service are the foundation upon which Coffee on Wheels is built, ensuring that the company remains at the forefront of the mobile coffee industry.

 

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 $2,164,147 $2,343,404 $2,537,508 $2,747,690 $2,975,282
Direct Expenses $764,180 $803,111 $844,026 $887,025 $932,215
Gross Profit $1,399,967 $1,540,292 $1,693,482 $1,860,665 $2,043,067
Gross Profit (%) 64.7% 65.7% 66.7% 67.7% 68.7%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,302,882 $1,440,261 $1,590,416 $1,754,472 $1,933,652
Depreciation $4,600 $4,600 $4,600 $4,600 $4,600
Amortization $0 $0 $0 $0 $0
Interest Expense $3,900 $3,900 $3,900 $3,900 $3,900
Income Tax Expense $453,033 $501,116 $553,670 $611,090 $673,803
Net Income $841,348 $930,645 $1,028,245 $1,134,882 $1,251,349

Funding Requirements/Use of Funds

To accomplish our growth goals, Coffee on Wheels needs $39,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Mobile Coffee Cart (includes equipment & machines) $20,000
Computer & Software $1,000
Furniture & Fixtures $2,000
Non Capital Investments
Working Capital $5,000
Initial Rent/Lease (for parking spot rentals, events) $500
Staff Salaries (for the first 3 months) $6,000
Initial Marketing and Advertising $2,000
Supplies (Coffee beans, milk, sugar, cups, etc. for the first month) $1,000
Insurance $1,500

Financial Projections

financial projection mobile coffee cart business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $2,164,147 $2,343,404 $2,537,508 $2,747,690 $2,975,282
Total Revenues $2,164,147 $2,343,404 $2,537,508 $2,747,690 $2,975,282
Direct Costs
Direct Costs $764,180 $803,111 $844,026 $887,025 $932,215
Total Direct Costs $764,180 $803,111 $844,026 $887,025 $932,215
GROSS PROFIT $1,399,967 $1,540,292 $1,693,482 $1,860,665 $2,043,067
GROSS PROFIT % 64.7% 65.7% 66.7% 67.7% 68.7%
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 $1,302,882 $1,440,261 $1,590,416 $1,754,472 $1,933,652
Depreciation $4,600 $4,600 $4,600 $4,600 $4,600
Amortization $0 $0 $0 $0 $0
EBIT $1,298,282 $1,435,661 $1,585,816 $1,749,872 $1,929,052
Interest Expense $3,900 $3,900 $3,900 $3,900 $3,900
PRETAX INCOME $1,294,382 $1,431,761 $1,581,916 $1,745,972 $1,925,152
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,294,382 $1,431,761 $1,581,916 $1,745,972 $1,925,152
Income Tax Expense $453,033 $501,116 $553,670 $611,090 $673,803
NET INCOME $841,348 $930,645 $1,028,245 $1,134,882 $1,251,349
Net Profit Margin (%) 38.9% 39.7% 40.5% 41.3% 42.1%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $749,240 $1,672,651 $2,692,565 $3,823,315 $5,025,333
Other Current Assets $185,762 $201,149 $217,810 $228,974 $247,940
Total Current Assets $935,002 $1,873,801 $2,910,376 $4,052,289 $5,273,273
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $23,000 $23,000 $23,000 $23,000 $23,000
Accum Depreciation $4,600 $9,200 $13,800 $18,400 $23,000
Net fixed assets $18,400 $13,800 $9,200 $4,600 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $953,402 $1,887,601 $2,919,576 $4,056,889 $5,273,273
LIABILITIES & EQUITY
Current Liabilities $73,054 $76,607 $80,336 $82,768 $86,802
Debt outstanding $39,000 $39,000 $39,000 $39,000 $0
Total Liabilities $112,054 $115,607 $119,336 $121,768 $86,802
Share Capital $0 $0 $0 $0 $0
Retained earnings $841,348 $1,771,993 $2,800,239 $3,935,121 $5,186,471
Total Equity $841,348 $1,771,993 $2,800,239 $3,935,121 $5,186,471
TOTAL LIABILITIES & EQUITY $953,402 $1,887,601 $2,919,576 $4,056,889 $5,273,273

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $841,348 $930,645 $1,028,245 $1,134,882 $1,251,349
Change in Working Capital ($112,708) ($11,833) ($12,932) ($8,732) ($14,931)
Plus Depreciation $4,600 $4,600 $4,600 $4,600 $4,600
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $733,240 $923,411 $1,019,913 $1,130,750 $1,241,017
CASH FLOW FROM INVESTMENTS
Fixed Assets ($23,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($23,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $39,000 $0 $0 $0 ($39,000)
Net Cash Flow from Financing $39,000 $0 $0 $0 ($39,000)
Net Cash Flow $749,240 $923,411 $1,019,913 $1,130,750 $1,202,017
Cash at Beginning of Period $0 $749,240 $1,672,651 $2,692,565 $3,823,315
$749,240 $1,672,651 $2,692,565 $3,823,315 $5,025,333

 

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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