Budget Proposal Kayyali Final - 2017 2018 $1,447,680.00

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20172018201920202021Sales$1,447,680.00$1,422,519.32$2,070,808.79$2,624,922.71$3,010,973.85Population40,00042,40044,94447,64150,49923,20024,59226,06827,63229,2892,3202,2133,1283,8684,393Check Avg$12.00$12.36$12.73$13.05$13.18Profit Gain (2%)$28,953.60$28,450.39$41,416.18$52,498.45$60,219.48Weekly Sales$27,840.00$27,356.14$39,823.25$50,479.28$57,903.34Monthly Sales$120,640.00$118,543.28$172,567.40$218,743.56$250,914.49Papa Geo’s is an Italian-themed, single location, family restaurant placed in the always busy city of Orlando,The budget for this restaurant is based on the expected $40,000 per year in net income, with 2% of sales coTo summarize, our family Italian buffet-style restaurant will net $40,000 in annual income, with $350,000 inDining out inOrlando weeklyTotal WeeklyGuests12345$0.00$500,000.00$1,000,000.00$1,500,000.00$2,000,000.00$2,500,000.00$3,000,000.00$3,500,000.00$1,447,680.00$1,422,519.32$2,070,808.79$2,624,922.71$3,010,973.85Sales Progression
Sales Increase$1,563,293.85Total Profit$211,538.09o, Florida. This will be a single-location restaurant that serves food buffet-style and will utilize the fact that Orounting as profit. The startups costs include $160 in filing fees to form an LLC ($125 filing fee, $30 certified con startup loans. The city of Orlando offers consistent growth of 6% in foot traffic and has always been a hotsp
rlando is a vacation hotspot by including a 500 square foot gaming area. The restaurant is aimed at the middleopy, $5 certificate of status), renovations costing $15,000, prepaid insurance expense of $1,000, and a health/pot for vacations year-round, due to the good weather. This plan offers a 5 year window that looks into the eve
w at about 6% per year over the next 5 years, ending at an estimated 12,600 families by 2020. With each familyhrough certified used equipment dealers in the local area, and will cost approximately $300,000 (broken downor less. The upfront investment committed by the owner is $50,000 (rent, up front salaries, beginning inventor
ars. The current loan rate sits at 7.25% (3.5% base + 3.75 markup) with a fee of 0.25 of the guaranteed rate, geannually. The balance sheet shows an estimated revenue of $40,000 a week, with expenses including salaries
enerally 75%.s and health benefits ($8,000) loan repayment ($3,500), taxes, depreciation, and amortization; leaving about $
turnover, guest count growth, maintenance on machines and equipment, and ultimately, sales.
Capital Expenditures Budget ReportCapital Expenditure Budget 2017EquipmentCostSourceNotesCustom Work Counter (Prep Table)$1,000.00Brick Pizza Oven$30,834.29Pizza Prep Table (refrigerated)$7,525.71100 ft Walk-in Cooler$7,349.00Sharp cash register$378.00Super Shot Arcade Game$4,433.36Superbike Arcade$3,514.76

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Term
Winter
Professor
N/A
Tags
Sales, Expense, Operating expense, Papa Geo

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