Beruflich Dokumente
Kultur Dokumente
Owner Information
Business Name:
Address:
Telephone:
Fax:
Email:
(510) 595-1164
(510) 655-0799
freshmarkets@aol.com
Table of Content
Executive Summary ........................................................................................1
The Company ........................................................................................1
Mission Statement.................................................................................1
Management .........................................................................................1
Products and Markets............................................................................1
Funding Requirements ..........................................................................3
Job Creation ....................................................................................................3
General Company Description .........................................................................3
Company Goals & Objectives .................................................................4
Business Philosophy..............................................................................4
Community Outreach.............................................................................5
The Business Environment ....................................................................5
The Team
Management Team Profiles and Staffing ...............................................6
Professional Services ............................................................................7
Human Resource requirements .............................................................7
Marketing Plan ................................................................................................9
Economics .............................................................................................9
Product .................................................................................................9
Customers .............................................................................................9
Competition...........................................................................................9
Niche .....................................................................................................10
Marketing Strategy................................................................................10
Promotional Budget ..............................................................................10
Proposed Locations ...............................................................................10
Management and Organization ........................................................................10
Founders ...............................................................................................10
Management Team ................................................................................11
Board of Directors .................................................................................11
Board of Advisors ..................................................................................11
Consultants ...........................................................................................11
Cash Flow Narrative ..............................................................................11
Cash Flow Analysis & Start up Costs ...............................................................14
Mission Statement
Management
The Kinte Center, the nonprofit that will own the stock of Fresh
Markets Inc. will seek out and hire a person with multi-location
grocery store management experience to start-up the company, set
up and manage the administration, hire qualified staff for all stores
and direct the operations of Fresh Markets multi-location grocery
stores.
Products & Markets
The company will provide the following products and services:
Bakery
Pastries to Breads
Baked Goods
Fresh Pies
Fresh Donuts
(Page 1)
Dairy
Milk
Eggs
Juice
Cheese
Pharmacy
Household Items
Cleaning Products
Laundry Powder
Cleaning Supplies
Toilet Paper
Paper Goods
Candles
Home Deodorizers
Specialty Coffees
Cream
Condiments
Mustards
Mayonnaise
Ketchup
Salad Dressings
Pet Foods/Toys
Party Trays
Vegetable Trays
Fruit Trays
Delivery
Heath & Beauty
Cosmetics
Hair Care Products
Skincare
Meats Selection
Seafood
Fish
Shell Fish
Crab
Produce
Quality & Freshness
Organic Selection
Apples to Zucchini
General Foods
Chips
Ice Cream
Candy
Cookies
TV Dinners
(Page 2)
Canned Soup
Sandwiches
Pickles
Pizzas
Noodles
Canned Vegetables
Canned Meats
Marshmallows
Mixes
Funding Requirement:
Fresh Markets Inc. will be financed by The Kinte Center Inc. a 501
(C) (3) charitable nonprofit organization. The Kinte Center Inc. will
raise the funds to finance the venture through normal nonprofit
fundraising processes.
JOB CREATION
Our proposed group of four new grocery stores will create an
estimated 300 of the 3080 new jobs needed to reduce our targeted
areas unemployment rate from a high of 30% in some areas
downward to at least the Oakland citywide level of 17.7%.
The remaining 2780 jobs will be created through our list of Job
Creating Commercial Projects. The full list of Job Creating
Commercial Projects can be viewed at JOB CREATING PROJECTS on
home page at www.kintecenter.org (If you are already at
www.kintecenter.org go to home page)
(Page 3)
Our primary goal is to fill fresh groceries vacuum that currently exist
in our targeted while creating jobs for the area. We intend to
distinguish ourselves by being known as the area locally owned
grocery store that offers fresh meats and fresh produce at the quality
and customer offered by well known national grocery chains.
Our plan calls for opening four full service supermarkets in our
targeted area which will raise the full service grocery store per
capita from the current one store for every 52,493 residents to one
store for every 17, 498 residents. The full service grocery store per
capita for Oaklands more upscale combined communities of
Piedmont Avenue, Rockridge and Montclair is one full service grocery
for every 8,655 residents. The generally accepted average is one full
service grocery store for every 9,500 residents. Our objective is to
reduce the full service grocery store per capita for our targeted area
from one store for every 52, 498 residents to one full service grocery
store for every 17,498 residents.
Business Philosophy:
Fresh Markets Inc. will target both East Oakland hills and East
Oakland flatlands residents. Our target market consist of some
41,655 medium to high income East Oakland hills dwellers and some
62,095 low to medium income East Oakland flatland dwellers.
Grocery stores are a fundamental resource for neighborhoods.
Grocery shopping consumes a large portion of most household
budgets. In addition, shopping for food is an activity that is
performed frequently. It is important that residents in
neighborhoods within our targeted area should have fresh and
healthy full service grocery stores within a comfortable walking
distance.
In spite of the fact that many of the residents in our targeted area
are low income, we believe the area deserves high quality foods,
especially meats and produce at a level expected from national brand
grocery stores such as Safeway & Lucky etc., rather than having to
accept discount grocery stores that that are known for selling less
than stellar quality product. Further we believe that the residents of
our targeted should not have to travel the distance they currently
travel to shop at any level of full service grocery. The Fresh Market
Group of stores will mitigate both of the issues.
(Page 4)
Community Outreach:
Areas in which Fresh Markets will uniquely contribute to the
community it will serve are described below:
1). Fast Food Alternative Our targeted area is oversaturated
with fast food shops. There is one fast food shop for every
7,499 residents in our targeted area VS one for every 25,964
residents in Oakland combined areas of Piedmont Avenue,
Montclair and Rockridge. We will offer a healthy and affordable
alternative to fast food.
one full service grocery store for every 52,498 residents in our
targeted area VS one store for every 8,655 residents for a
higher income affluent area in Oakland. Residents now have to
travel great distances to purchase fresh and healthy groceries.
Area residents could travel up to 4.1 miles east to the nearest
Safeway store adjourning San Leandro or up to 4.2 miles west
to the nearest Lucky store. Our group of four stores will reduce
the distance between neighborhood serving full service grocery
to just over one mile; meaning that residents would likely
travel at just under one mile to the nearest full service grocery
store.
3). Youth Employment 80% of these jobs created through
the group of Fresh Market grocery stores will go to area youth
that have been prepped for work place readiness through The
Kinte Centers Youth Employment Development Program.
4). Community Health As is widely known and discussed the
lack of healthy foods in low income community results in
elevated heath problem. For example, the area within our
targeted area that is considered low income is made of zip
codes 94603 and 94621. According to Alameda County health
Statistics the hospitalization rate for diabetes or ages 35 to 54
for zip code 94603 is 355 per 1000 and the rate for 94621 is
347 per 1000 VS a county rate of 113 per 1000. Available and
affordable that Fresh Markets will bring to our targeted area
will help reduce levels of obesity and diabetes and other
unhealthy food consumption problems in the area.
5). Improved local Entrepreneurship Having no interest in
continued ownership of the planned group of four grocery
(Page 5)
The Team
Management Team Profiles and Staffing
Store Manager
Compensation:
Salary - $70,766.00/year
Benefits - $22,800.00
Estimated annual salary and benefits for a store manager:
$93,566.00
Assistant Store Manager
Compensation:
Salary $60,121.00
Benefits $14,027.27
Estimated annual salary and benefits for an assistant store manager:
$74,148.27
Professional Services:
Compensation
Salary: $82,110.51/year
Benefits: $15,527.21/year
Estimated annual salary plus benefits for 3.38 Food Preparations
workers: $97,637.72
(2). Combined food preparation and serving workers including fast
food.
A staff of 2.54
Compensation
(Page 7)
Salary: $60,561.68/year
Benefits: $11,452.30/year
Estimated annual salary plus benefits or 2.54 combined food
preparations and serving workers: $72,013.98
(3). Cashiers
Staff of 22.16
Compensation
Salary: $492,161.19/year
Benefits: $93,068.45/year
Estimated annual salary plus benefits for 22.16 Cashiers:
$585,229.64
(4). Retail Sales Persons
Staff of 1.24
Compensation
Salary: $31,943.70/year
Benefits: $6,040.60/year
Estimated annual salary plus benefits for 1.24 Retail sales persons:
$37,984.3
(5). Customer Service Representatives
Staff of 5.63
Compensation
Salary: $137,436.41/year
Benefits: $25,989.43/year
Estimated annual salary plus benefits for 5.63 customer service
representatives: $163,425.84
(6). Stock clerks
Staff of 10.92
Compensation
Salary: $264,504.46/year
Benefits: $50,018.19/year
Estimated annual salary plus benefits for 10.92 Stock clerks:
$314,522.65
(7). Bakers:
Staff of 1.11
Compensation
Salary: $32,799.89/year
Benefits: $6,202.51/year
Estimated annual salary plus benefits for 1.11 Bakers: $39,002.40
(8). Butchers and meat cutters
Staff of 2.34
(Page 8)
Compensation
Salary: $137,159.00/year
Benefits: $25,918.17/year
Estimated annual salary plus benefits for 2.34 Butchers and meat
cutters: $163,078.07
(9). Packers and package handlers
Staff of 1.37
Compensation
Salary: $28,318.46/year
Benefits: $5,355.07/year
Estimated annual salary plus benefits for 1.37 Packers ad package
handlers: $33,673.53
Marketing Plan
Economics: Fresh Markets Inc. will operate as a group of four
Product: Fresh Markets Inc. will offer a full line of food and
income levels; the residents that reside in the East Oakland hills and
those that reside in the East Oakland flatlands. According to latest
statistics from Demographics Now, the per capita annual income for
the East Oakland hills area on average is $27,027.00 and the average
(Page 9)
annual per capita for the Flatlands is $13,595.00. To best serve Fresh
Markets diverse service area it will stock according to needs and
price product with income level in mind.
budget of $25,000.00.
Pricing: Fresh Markets will price its goods and service at market to
below market levels. We will price in line with the average income
levels of four divergent areas.
City Redevelopment Plans that cover our targeted area. In doing this
we are aware of a commercial area redesign four our targeted area.
To be consistent with the ensuing redevelopment Fresh Markets
(Page 10)
General: While the plan is for four new Fresh Markets grocery stores
in our targeted area, this Start up Costs and Cash Flow Analysis is for
a single store. It can be expanded to add other stores as the process
to start-up the four planned markets proceeds.
Analysis cover operations income and costs for years one, tow and
three. The analysis assumes no income for the first three months of
operation in yea one as this period is designated as the Start-up
period. The analysis is built on very conservative a worst case
analysis. Sales projections are well below market share sales
opportunity and costs are intentionally recorded at a higher level
than research calls for. A number of specific key costs are covered in
the Cash Flow narrative below. The analysis shows a start up cost of
$889,984.65 to start up a store in an existing structure and
$1,189,984.65 to build a store from ground up.
(Page 11)
Sales Projections:
Cash Flow analyses are provided for years one (with start up costs),
two and three. Costs of goods and services for years two and three
were increased by a government declared consumer price index of
1.3 for the San Francisco area for the first three quarters of 2010.
With respect salaries, findings are mixed. During the climate of high
unemployment, lay off etc we find in some cases no actual increase
in salaries of grocery store workers. We decided to increase salaries
for years two and three by 1.5%; if for no more than to cover the
costs of increase in the cost of benefits, mostly health insurance.
Salaries:
Salaries are projected on data from the Bureau of Labor Statistics for
grocery stores. In addition our salary numbers were reviewed by a
manager of our local Safeway store observed that our numbers were
good but suggested that we increase the salary of Meat Cutters. We
increased meat Cutter salaries as suggested. Again we took a
conservative in our staff and salary projections.
(Page 12)
Start-up Consulting:
Summarization:
(Page 13)
YEAR ONE
CASH FLOW ANALYSIS AND START-UP COSTS
Month # 1
Income from Sales
Plus : Balance foreward
Equals: Bal Fwd. Plus Sales
Less Expndditures:
Salaries
Rent/Mortgage
Inventory
Telephone
Equipment lease
PA System
website building
website maintenance
Internet access fee
utilities
Office Equipment
Office supplies
Office Furnituire
Start-up Conssultant fees
Legal fees
Insurance
CPA - Bookkeeping fees
Maintenance - store
Maintenance - parking lot
Uniforms
Signage
Security
Marketing/Advertising
Miscellaneous
TOTAL EXPENDITURES PER MONTH
$0.00
$0.00
$0.00
START-UP PERIOD
Month # 3
Month # 4
Month # 5
Month # 6
Month # 7
Month # 8
Month # 9
Month # 10
Month # 11
Month # 12
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$440,000.00
$0.00
$350,000.00
$442,000.00
$32,761.45
$474,761.45
$445,000.00
$155,522.90
$600,522.90
$447,000.00
$279,284.35
$726,284.35
$449,000.00
$402,045.80
$851,045.80
$459,000.00
$524,807.25
$983,807.25
$469,000.00
$655,568.70
$1,124,568.70
$479,000.00
$794,330.15
$1,273,330.15
$489,000.00
$941,591.60
$1,430,591.60
$140,562.59
140,562.59
$140,562.59
$421,687.77
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$140,562.59
$10,000.00
$133,894.45
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$20,000.00
$250.00
$1,000.00
$500.00
1,167.67
500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$323,134.00
$10,000.00
$138,894.45
500.00
6,000.00
166.67
$0.00
$150.00
9.95
$500.00
$250.00
$300.00
$0.00
20,000.00
$250.00
$1,000.00
$500.00
1,166.67
$500.00
$300.00
$0.00
2,500.00
4,166.00
$416.67
$328,133.00
$10,000.00
$142,894.45
500.00
6,000.00
166.67
$0.00
$150.00
9.95
$500.00
$250.00
300.00
$0.00
20,000.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$332,133.00
$30,000.00
$415,683.35
$1,500.00
$18,000.00
$500.01
600.00
$450.00
$29.85
$1,500.00
$750.00
900.00
$2,000.00
$60,000.00
$750.00
$3,000.00
$1,500.00
3,501.01
$1,500.00
$900.00
$10,000.00
$7,500.00
$12,498.00
$1,250.01
$10,000.00
$148,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$317,238.55
$10,000.00
$150,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$319,238.55
$10,000.00
$152,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$321,238.55
$10,000.00
$155,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$324,238.55
$10,000.00
$157,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$326,238.55
$10,000.00
$159,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$328,238.55
$10,000.00
$161,000.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$330,238.55
$10,000.00
$162,500.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$331,738.55
$10,000.00
$165,207.00
$500.00
$6,000.00
$166.67
$0.00
$150.00
$9.95
$500.00
$250.00
$300.00
$0.00
$0.00
$250.00
$1,000.00
$500.00
$1,166.67
$500.00
$300.00
$0.00
$2,500.00
$4,166.00
$416.67
$334,445.55
$32,761.45
$155,522.90
$279,284.35
$402,045.80
$524,807.25
$655,568.70
$794,330.15
$941,591.60
$1,096,146.05
BALANCE FORWARD
START UP COSTS
Month # 2
$996,000.00
(Page 14)
YEAR TWO
CASH FLOW ANALYSIS
Month # 1
Income From Sales
Balance Foreward
Bal Fwd. Plus Sales
Less Expenditures:
Salaries
Rent/Mortgage
Inventory
Telephone
Equipment lease
PA System
website building
website maintenance
Internet access fee
utilities
Office Equipment
Office supplies
Office Furnituire
Start-up Conssultant fees
Legal fees
Insurance
CPA - Bookkeeping fees
Maintenance - store
Maintenance - parking lot
Uniforms
Signage
Security
Marketing/Advertising
Miscellaneous
TOTAL EXPENDITURES PER MONTH
BALANCE FORWARD
Month # 2
Month # 3
$500,000.00
$1,104,146.05
$1,604,146.05
506,000.00
1,189,750.91
$1,695,750.91
$510,000.00
$1,279,355.77
$1,789,355.77
$210,843.39
$210,843.39
$210,843.39
$10,000.00
$169,300.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$414,395.14
$1,189,750.91
$10,000.00
$171,300.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$416,395.14
$1,279,355.77
$10,000.00
$173,300.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$418,395.14
$1,370,960.63
Month # 4
Month # 5
$515,000.00
$520,000.00
$1,370,960.63 $1,465,565.49
$1,885,960.63 $1,985,565.49
Month # 6
Month # 7
$530,000.00
$1,563,670.35
$2,093,670.35
$540,000.00
$1,670,775.21
$2,210,775.21
$210,843.39
$210,843.39
$210,843.39
$10,000.00
$10,000.00
$175,300.00
$176,800.00
$650.00
$650.00
$7,800.00
$7,800.00
$216.67
$216.67
$0.00
$0.00
$195.00
$195.00
$12.94
$12.94
$650.00
$650.00
$325.00
$325.00
$390.00
$390.00
$0.00
$0.00
$0.00
$0.00
$325.00
$325.00
$1,300.00
$1,300.00
$650.00
$650.00
$1,516.67
$1,516.67
$650.00
$650.00
$390.00
$390.00
$0.00
$0.00
$3,250.00
$3,250.00
$5,415.80
$5,415.80
$514.67
$514.67
$420,395.14
$421,895.14
$1,465,565.49 $1,563,670.35
$10,000.00
$177,800.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$422,895.14
$1,670,775.21
$10,000.00
$179,000.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$424,095.14
$1,786,680.07
$210,843.39
Month # 8
Month # 9
$548,000.00 $551,000.00
$1,786,680.07 $1,909,384.93
$2,334,680.07 $2,460,384.93
$210,843.39
Month # 10
$556,000.00
$2,033,589.79
$2,589,589.79
$210,843.39
$210,843.39
$10,000.00
$10,000.00
$180,200.00 $181,700.00
$650.00
$650.00
$7,800.00
$7,800.00
$216.67
$216.67
$0.00
$0.00
$195.00
$195.00
$12.94
$12.94
$650.00
$650.00
$325.00
$325.00
$390.00
$390.00
$0.00
$0.00
$0.00
$0.00
$325.00
$325.00
$1,300.00
$1,300.00
$650.00
$650.00
$1,516.67
$1,516.67
$650.00
$650.00
$390.00
$390.00
$0.00
$0.00
$3,250.00
$3,250.00
$5,415.80
$5,415.80
$514.67
$514.67
$425,295.14 $426,795.14
$1,909,384.93 $2,033,589.79
$10,000.00
$182,000.00
$650.00
$7,800.00
$216.67
$0.00
$195.00
$12.94
$650.00
$325.00
$390.00
$0.00
$0.00
$325.00
$1,300.00
$650.00
$1,516.67
$650.00
$390.00
$0.00
$3,250.00
$5,415.80
$514.67
$427,095.14
$2,162,494.65
Month # 11
Month # 12
$570,000.00
$580,000.00
$2,162,494.65 $2,304,499.51
$2,732,494.65 $2,884,499.51
$210,843.39
$210,843.39
$10,000.00
$10,000.00
$182,900.00
$184,500.00
$650.00
$650.00
$7,800.00
$7,800.00
$216.67
$216.67
$0.00
$0.00
$195.00
$195.00
$12.94
$12.94
$650.00
$650.00
$325.00
$325.00
$390.00
$390.00
$0.00
$0.00
$0.00
$0.00
$325.00
$325.00
$1,300.00
$1,300.00
$650.00
$650.00
$1,516.67
$1,516.67
$650.00
$650.00
$390.00
$390.00
$0.00
$0.00
$3,250.00
$3,250.00
$5,415.80
$5,415.80
$514.67
$514.67
$427,995.14
$429,595.14
$2,304,499.51 $2,454,904.37
(Page 15)
YEAR THREE
CASH FLOW ANALYSIS
Month # 1
Income From Sales
Balance Foreward
Bal Fwd. Plus Sales
Less Expenditures:
Salaries
Rent/Mortgage
Inventory
Telephone
Equipment lease
PA System
website building
website maintenance
Internet access fee
utilities
Office Equipment
Office supplies
Office Furnituire
Start-up Conssultant fees
Legal fees
Insurance
CPA - Bookkeeping fees
Maintenance - store
Maintenance - parking lot
Uniforms
Signage
Security
Marketing/Advertising
Miscellaneous
TOTAL EXPENDITURES PER MONTH
BALANCE FORWARD
Month 2
$600,000.00
$2,454,904.37
$3,054,904.37
$620,000.00
$2,509,997.01
$3,129,997.01
$316,265.09
$316,265.09
$10,000.00
$187,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$544,907.36
$2,509,997.01
$10,000.00
$190,000.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$547,407.36
$2,582,589.65
Month # 3
Month # 4
Month # 5
Month # 6
Month # 7
$630,000.00
$640,000.00
$650,000.00
$660,000.00
$670,000.00
$2,582,589.65 $2,663,182.29 $2,752,274.93 $2,850,367.57 $2,958,460.21
$3,212,589.65 $3,303,182.29 $3,402,274.93 $3,510,367.57 $3,628,460.21
$316,265.09
$316,265.09
$10,000.00
$10,000.00
$192,000.00
$193,500.00
$845.00
$845.00
$10,140.00
$10,140.00
$281.67
$281.67
$0.00
$0.00
$253.50
$253.50
$16.82
$16.82
$845.00
$845.00
$422.50
$422.50
$507.00
$507.00
$0.00
$0.00
$0.00
$0.00
$422.50
$422.50
$1,300.00
$1,300.00
$845.00
$845.00
$1,971.67
$1,971.67
$845.00
$845.00
$507.00
$507.00
$0.00
$0.00
$4,225.00
$4,225.00
$7,045.54
$7,045.54
$669.07
$669.07
$549,407.36
$550,907.36
$2,663,182.29 $2,752,274.93
Month # 8
Month # 9
Month # 10
Month # 11
Month # 12
$675,000.00
$3,076,552.85
$3,751,552.85
$682,000.00
$3,199,645.49
$3,881,645.49
$685,000.00
$3,329,738.13
$4,014,738.13
$690,000.00
$3,462,830.77
$4,152,830.77
$695,000.00
$3,600,923.41
$4,295,923.41
$316,265.09
$316,265.09
$316,265.09
$316,265.09
$316,265.09
$316,265.09
$10,000.00
$10,000.00
$10,000.00
$194,500.00
$194,500.00
$194,500.00
$845.00
$845.00
$845.00
$10,140.00
$10,140.00
$10,140.00
$281.67
$281.67
$281.67
$0.00
$0.00
$0.00
$253.50
$253.50
$253.50
$16.82
$16.82
$16.82
$845.00
$845.00
$845.00
$422.50
$422.50
$422.50
$507.00
$507.00
$507.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$422.50
$422.50
$422.50
$1,300.00
$1,300.00
$1,300.00
$845.00
$845.00
$845.00
$1,971.67
$1,971.67
$1,971.67
$845.00
$845.00
$845.00
$507.00
$507.00
$507.00
$0.00
$0.00
$0.00
$4,225.00
$4,225.00
$4,225.00
$7,045.54
$7,045.54
$7,045.54
$669.07
$669.07
$669.07
$551,907.36
$551,907.36
$551,907.36
$2,850,367.57 $2,958,460.21 $3,076,552.85
$10,000.00
$194,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$551,907.36
$3,199,645.49
$10,000.00
$194,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$551,907.36
$3,329,738.13
$10,000.00
$194,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$551,907.36
$3,462,830.77
$10,000.00
$194,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$551,907.36
$3,600,923.41
$10,000.00
$194,500.00
$845.00
$10,140.00
$281.67
$0.00
$253.50
$16.82
$845.00
$422.50
$507.00
$0.00
$0.00
$422.50
$1,300.00
$845.00
$1,971.67
$845.00
$507.00
$0.00
$4,225.00
$7,045.54
$669.07
$551,907.36
$3,744,016.05
$316,265.09
$316,265.09
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