Year

Revenue
Sales
Break fast sales
Catering Sales
Total Sales
Cost of Sales
Purchases (40%)
Wages & benefits
Royalties and advertising
Total Cost
Gross Profit
Expense in % based on 2015
Rent
Utilities (2.64%)
Bank Charges and interest (1%)
Professional fees (0.78%)
Office (0.5%)
Insurance (0.38%)
Telephone (0.37%)
Repairs and Maintenance (0.29%)
Bank Loan
Bank loan payment principal
Bank interest on loan
First Year Expense
Toronto Training
Opening Cost
Incorporation Fees
Permits/licenses/ Closing fees
Renovation Loan
Bank loan payment principal
Bank interest on loan
Local Promotional Expenses
Flyers
Product Giveaways
Promotional Materials
Total Expenses
Income before taxes
Taxes (12%)
Net Income after taxes

2016(6-months)

2017

170,195
38,250
3,000
211,445

335,527
131,400
5,000
471,927

74,006
39,037
19,030
132,073

165,174
77,444
42,473
285,092

79,372

186,835

34,631
5,582
2,114
1,649
1,057
803
782
613

59,368
12,459
4,719
3,681
2,360
1,793
1,746
1,369

6,630
1,840

13,260
3,312

2000
5000
2000
3500

0
0
0
0

4000
1110

8000
1998

1000
500
800

3000
1000
1500

75613

119565

3759

67271
8072.4728574857
3759
59198

2018
385,856
178,850
9,000
573,706

200,797
81,316
51,634
333,747
239,959

62,336
15,146
5,737
4,475
2,869
2,180
2,123
1,664
13,260
2,576
0
0
0
0
8000
1554
2000
1000
1500
126419
113540
13624.8197361
99915

Promotional Activities
Flyers
Pr.oduct Giveaways
Promotional Materials

2016
$1,000
$500
$800

2017
$3,000
$1,000
$1,500

2018
$2,000
$1,000
$1,500

Total Marketing Costs

$2,300

$5,500

$4,500

0.277778

Financing Requirements
Expenditure
Debt
Equity
Capital Expe
Forecasted cash shortfall i
20,138
Incorporation Fees
3,000
Permits and licencses
3,500
Total financin
26,638
Weight

0%

100%

Store hours
Labour Expenses

Hours of Operations
Monday
6am-3pm
6 am - 3 pm
Tuesday
6am-10pm 6 am - 3 pm
Wednesday 6am-10pm 6 am - 3 pm
Thursday
6am-10pm 6 am - 3 pm
Friday
6am-10pm 6 am - 3 pm
Saturday
6am-8pm
6 am - 3 pm
Sunday
6am=8pm 6 am - 3 pm
Total weekly hours
Plus: required hours for opening/closing
Adjusted weekly hours
Average hours per day
Number of days
Number of hours of labour
Minimum wage
Total Labour cost
Benefits - 15% of wages
Total labour and benefits cost

11 am-5pm
11 am-5pm
11 am-5pm
11 am-5pm
11 am-5pm
3 pm -8pm
3 pm -8pm

5
5
5
5
5

pm
pm
pm
pm
pm

-10pm
-10pm
-10pm
-10pm
-10pm

Number of hrs wage

to be paid
18
18
18
18
18
13
13
116
7
123
17.57
365
6,413.57
10.5
67,342.50
10,101.38
77,443.88

Labour 2016
17.57
184
3,232.88
10.5
10.5
33,945.24
5,091.79
39,037.03

Renovation Approx. Cost

Renovation Loan

Loan Principal
Payment terms (years)
Interest Rate
Prime
Risk premium
Total Interest rate
Year
Balance Outstanding
2016(July to dec)
40,000
2017
36,000
2018
28,000
2019
20,000
2020
12,000
2021 (jan to june)
4,000

50,000
40,000
40,000
5

2.70%
2.85%
5.55%
Principal payment
Interest pa Ending balance
4000
1110
36,000
8000
1998
28,000
8000
1554
20,000
8000
1110
12,000
8000
666
4,000
4,000
222
0

Loan Principal
Payment terms (years)
Interest Rate
Prime
Risk premium
Total Interest rate
Year
2016(July to dec)

2021 (jan to june)

Total

66,300
5
2.70%
2.85%
5.55%

Balance Outstanding
Principal payment
66,300
6630
2017
59,670
13260
2018
46,410
13260
2019
33,150
13260
2020
19,890
13260
6,630
6630
66300
33150
36461.685

Interest payment
Ending balance
1839.825
59,670
3311.685
46,410
2575.755
33,150
1839.825
19,890
1103.895
6,630
367.965
0
11038.95
3311.685

Scenarios
Worst Case(2%)
58,049
Net profit at the end of 2018
36,461
Loan and interest left
Net Income after mortgage paymen
21,588
Equity Invested
37,200
Store Value at the end of 2018 (2018
125,124
Profit/loss
87,924
236.3548387097
Cash on Cash Return (in %)

Scenarios-Breakfast Customer Serv

Break fast Sales
Keeping Regular Sales constant a
Catering Sales
Income before taxes
Scenarios - Cost of Purchase in %
Worst 42%
Current 40%
Franchisee suggested 35%

20
15,300
154,723
3,000
-19,000
2016
Income before taxes
-9,262
-5,188
4,998

Base Case(10%)
109,816
36,461
73,355
37,200
210,000
172,800
464.5161290323

Best Case(5%)
76,804
36,461
40,343
37,200
155,520
118,320
318.064516129

30
65,700
265,239
5,000
-7,577

40
102,700
265,239
9,000
5,560

2017
Income before taxes
25,683
34,259
55,701

2018
Income before taxes
49,015
58,913
83,658

Wages
Monday-Sunday
Utilities
Total weekly breakfast cost
Sales
Wages
Utilities
Royalties & adv

wage
42

labor
10.5

441
50
491

25%
1%
9%
35%
240

2018