we have considered a gross rate of 2% annually.

the IMF shows that the gross domestic product for Nigeria around 2,4 for the next 5 project years
we may add outlets for our franchise if the demand exceeds our growth forecast

YEAR 2020 2021 2022 2023 2024

Food Sales 3,694,313 3,768,199 3,843,563 3,920,434 3,998,843
Beverage Sales 209,993 214,192 218,476 222,846 227,303
GROSS SALES 3,904,305 3,982,391 4,062,039 4,143,280 4,226,145
-
Cost of Sales -
Food 1,219,123 1,243,506 1,268,376 1,293,743 1,319,618
Beverage 83,997 85,677 87,390 89,138 90,921
TOTAL COST OF SALES 1,303,120 1,329,183 1,355,766 1,382,882 1,410,539
- -
GROSS PROFIT 2,601,185 2,653,209 2,706,273 2,760,398 2,815,606
- -
General and Administrative - -
Employee Salaries 976,076 995,598 1,015,510 1,035,820 1,056,536
Management Salaries 36,000 36,000 36,000 36,000 36,000
Marketing & Advertising 9,600 10,560 11,616 12,778 14,055
Bookkeeping 600 600 600 600 600
Credit Card Charges 19,522 19,912 20,310 20,716 21,131
Insurance 3,000 3,000 3,000 3,000 3,000
Legal and Professional Fees 1,200 1,200 1,200 1,200 1,200
Royalties/service fees 78,036 79,596 81,188 82,812 84,468
Office Supplies 600 600 600 600 600
Rent 24,000 24,000 24,000 24,000 24,000
Repair and Maintenance 3,600 3,600 3,600 3,600 3,600
Small Equipment 1,200 1,200 1,200 1,200 1,200
Telephone 600 600 600 600 600
Garbage 1,200 1,200 1,200 1,200 1,200
Utilities 6,000 6,000 6,000 6,000 6,000
Total Gen. and Admin. 1,161,233 1,183,666 1,206,624 1,230,126 1,254,191
- - - - -
NET PROFIT OR LOSS before Taxes 1,439,952 1,469,543 1,499,649 1,530,272 1,561,416
Taxes 30% 431,985 440,863 449,895 459,082 468,425
Cash Flow After Taxes 1,007,966 1,028,680 1,049,754 1,071,191 1,092,991
- - - - -
Net Cash Flow 1,007,966 1,028,680 1,049,754 1,071,191 1,092,991