MAPLE BEAR CANADIAN PRE SCHOOL

All the assumptions are based on MAPLE BEAR Standard in India

This is an ideal business plan FORMAT which Maple Bear India team shares with existing as well as proposed franchisee to
make their 5 year financial projection.

1 Status of School Building Leased

2 Minimum area suggested for School Building 4,000 Sq. Feet

3 Space for classrooms 60% approx of the total space. 2,400 Sq. Feet

4 Space for teacher resource room/kitchen/washrooms etc. 20% approx of total space. 800 Sq. Feet

5 Space for play area 20% approx of the total space 800 Sq. Feet

6 Number of students in one classroom 20 Students

7 Approx Size of Classroom 300-400 Sq. Feet

8 Number of classrooms available 6 Rooms

9 Maximum Capacity of Students in a School 120 Students

Note : This business plan is prepared taking other Maple Bear Schools as benchmark and showing indicative numbers which
can further be customised as per the input received from the prospect franchisee for identified location.
MAPLE BEAR CANADIAN PRE SCHOOL <Put Values in the Blank white cell>
Strength of the students assumed in 5 years projection
Students Strength Every Year

A REGULAR PROGRAM Age Group Frequency Timings Benchmarked Annual Fee 1st Year 2nd Year 3rd Year 4th Year 5th Year
fees
i) TODDLER 85,000 85,000 20 20 20 20 20
18 Months to 2 + Years
ii) NURSERY 85,000 85,000 20 30 40 40 40
2 to 3+ Years
5 Days a week 8 am to 12 pm
iii) JUNIOR KINDERGARTEN 85,000 85,000 10 20 20 20 20
3 to 4+ Years
iv) SENIOR KINDERGARTEN 85,000 85,000 0 10 20 20 20
4 to 5+ Years
Total 50 80 100 100 100
Benchmarked
DAY CARE PROGRAM Annual Fee 1st Year 2nd Year 3rd Year 4th Year 5th Year
B fees

i) Day Care 1st Half 9 am to 1 pm 84,000 84,000 5 10 10 10 10

ii) Day Care Full day 18 Months to 6 Year 5 Days a week 9 am to 6 pm 144,000 144,000 5 10 10 10 10
iii) Day Care 2nd Half 2 pm to 6 pm 84,000 84,000 10 10 10 10 10
Total 20 30 30 30 30
UNIQUE PROGRAMS (After School Programs) Benchmarked
Annual Fee 1st Year 2nd Year 3rd Year 4th Year 5th Year
C fees
i) ENGLISH LANGUAGE PLUS (2 days a week)
Basic 60 to 90 Minutes 25,000 25,000 5 5 10 10 10
4 to 5 Years
Intermediate 2 times a week 2 Hour 25,000 25,000 5 5 10 10 10
5 to 6 Years
Advanced 6 to 8 Years 2 Hour 25,000 25,000 - 5 5 5 5
ii) Mom & Tots 3 times a week 2 Hour 25,000 25,000 5 10 10 10 10
iii) Saturday Program On Saturday 2 Hour 12,000 12,000 5 5 5 5 5
iv) SUMMER CAMP (3 to 5 weeks program)
3 week camp 4,000 4,000 15 20 25 25 25
Once a Year in
4 week camp 2 to 8 years Summer/Long 3 Hours 5,000 5,000 10 20 25 25 25
Holidays
5 week camp 6,000 6,000 5 10 10 10 10
Note :- Fee will be increased by 15% every year considering normal trend in the market.
Transportation cost will be as per actual payment to transporter.
MAPLE BEAR CANADIAN PRE SCHOOL <Put Values in the Blank white cell>
Operating Cost
S. No. Particulars Basis Rate Remarks

This cost includes operating expenses like , house keeping, activity 7%, 5%, 4%, 3% and 3% of Gross Revenue in 1st, 2nd, 3rd,
charges, Stationary cost, travelling and conveyance, staff wellfare, business
1 General & Administrative expenses 4th and 5th Year respectivally is benchmarked based on
promotion, audit cost and other office general expenses. cost of other Maple Bear Schools in same/similar city.

Rs. 12000 p.m. to Rs. 15000 p.m. is benchmarked based

2 Consumable (Meals etc.) Milk, Juices, snacks etc. for Day care child as experienced in MB Schools. 15,000 P.M. on the cost of other Maple Bear Schools in the
same/similar city.

Rs. 15000 p.m. to Rs. 18000 p.m. is benchmarked based

3 Electricity and Water Charges Electricity charges of commercial connection of electricity and water. 18,000 P.M. on the cost of other Maple Bear Schools in the
same/similar city.

4 Communication & IT expenses

Phones / faxes/ Lease line Benchmarked as per Other Maple Bear Schools cost i.e. 1 % of Salary (all 1% P.M.
employees)
IT harware maintenance Benchmarked as per Other Maple Bear Schools cost i.e. 2 % of Total 2% P.M.
hardware cost.
As per the quote given by Property Consultants, increase will be 15% after
5 Premises Rent 201,250 P.M. Inclusive of Service tax @ 15%
3 years.

This is contribution towards centralised brand building of Maple Bear,

6 Brand Building fund cost 1% P.A
which will be controlled by Maple Bear Franchise Owners Association.

This cost is considered 3.00%. 2.50%, 1.75% 1.50% and 1.50% of Gross
7 Advertisement cost P.A
Revenue in 1st, 2nd, 3rd, 4th and 5th year respectively.
Royalty: - A franchisee has to pay royalty @ of 10% on gross revenue*

*Gross revenue means total fees received by school under all the programs less following items:
8
a)      5% of the total fees received as expenses incurred by schools for annual day, sports day celeberation.
b)      Invoice value of resaleable products purchased from Maple Bear Corporate office.
c)       Transportation cost as per actual invoice value paid to transporter if transport fees is included in the total fees received.
Note :- Transportation cost is not considered in cost as it is recoverable from students.
All the expenses will be increased by 15% every year.
MAPLE BEAR CANADIAN PRE SCHOOL <Put Values in the Blank white cell>
Salary Cost - Schools

S. No. Particulars Monthly 1st Year 2nd Year 3rd Year 4th Year 5th Year Maple Bear Benchmarked Figure
Salary

1 Principal - Center Head 35,000 1 1 1 1 1 Ranges from Rs. 30000 - 35000 p.m.
2 Reception/Administrator 12,000 1 1 1 1 1 Ranges from Rs. 10000 - 12000 p.m.
3 Senior Teachers 15,000 3 5 5 5 5 Ranges from Rs. 12000 - 15000 p.m.
4 Teacher Assistant 12,000 1 3 5 5 5 Ranges from Rs. 9000 - 12000 p.m.
5 Day Care Teacher 10,000 1 1 1 1 1 Ranges from Rs. 10000 - 12000 p.m.
6 Maids - Regular Programs 4,500 3 5 5 5 5 Ranges from Rs. 4000 - 6000 p.m.
7 Maids - Day Care Programs 7,000 2 2 2 2 2 Ranges from Rs. 6000 - 7000 p.m.
8 Guard 8,000 2 2 2 2 2 Ranges from Rs. 7000 - 8000 p.m.
9 Cook 7,000 1 1 1 1 1 Ranges from Rs. 6000 - 7000 p.m.
Total 14 20 22 22 22 ###

Breakup of teachers as per students teacher ratio

S. No. Particulars Class 1st Year 2nd Year 3rd Year 4th Year 5th Year Remarks
Senior Teacher Toddler 1 1 1 1 1
1
Assistant Teacher Toddler 0 1 1 1 1
Senior Teacher Nursery 1 2 2 2 2
2 For 20 students classroom 2 teachers (1 main 1 assistant teacher)
Assistant Teacher Nursery 1 1 2 2 2
Senior Teacher JKG 1 1 1 1 1 (This can be filled after looking at program wise strength of the students.)
3
Assistant Teacher JKG 0 1 1 1 1
Senior Teacher SKG 0 1 1 1 1
4
Assistant Teacher SKG 0 0 1 1 1
5 Supervisor Day Care 1 1 1 1 1 For 20 students classroom 1 Supervisor (Assistant Teacher Level)
Total Teachers 5 9 11 11 11

Breakup of Maids as per students maid ratio

S. No. Particulars Class 1st Year 2nd Year 3rd Year 4th Year 5th Year Remarks
1 Maid Toddler 1 1 1 1 1
2 Maid Nursery 1 2 2 2 2
For 20 students classroom 1 maids
3 Maid JKG 1 1 1 1 1
4 Maid SKG 0 1 1 1 1
5 Maid Day Care 2 2 2 2 2 For 20 students classroom 2 maids
Total Teachers 5 7 7 7 7
MAPLE BEAR CANADIAN PRE SCHOOL <Put Values in the Blank white cell>
Detail of Fixed Expenditure
S. No. Particulars Assumption 1st Year 2nd Year 3rd Year 4th Year 5th Year
A IT Hardware 90,000 0 0 0 0
Computers
Number of computer (Units) 2
Cost of each computer with periferals 35,000
Total cost of computers 70,000 0 0 0 0
Printers
Number of printers (Units) 1 0 0 0 0
Cost of each printer 10,000
Total cost of printers 10,000 0 0 0 0
Telephone
Number of telephones (Units) 2 0 0 0 0
Cost of each telephone 5,000
Total cost of telephones 10,000 0 0 0 0

B Office Equipments 360,000 105,000 0 0 0

Fire fighting Equipment
Number of Firefighting equipment (Units) 3 0 0 0 0
Cost per unit 5,000
Total cost of Fire fighting Equipment 15,000 0 0 0 0
Fridge
Number of fridge (Units) 1 0 0 0 0
Cost of each fridge 15,000
Total cost of Fridge 15,000 0 0 0 0
Air Conditioner (AC)
Number of AC (Units) 6 3 0 0 0
Cost of each AC 35,000
Total cost of AC 210,000 105,000 0 0 0
Water Purifier
Number of Items 1 0 0 0 0
Cost of each Item 15,000
Total cost of Water Purifier 15,000 0 0 0 0
 CCTV Camera Set (8 Camera + LCD) 60,000 0 0 0 0
Kitchen Equipments (Micro Wave, Other Kitchen Utensils) 25,000 0 0 0 0
FMS (Fee management System) 20,000 0 0 0 0

C Initial Building Renovation* 400,000 50,000 0 200,000 0

Center head room furniture Yes No No No No
Teacher resource room furniture Yes No No No No
Reception area furniture Yes No No No No
Cost of chalk board, soft board, safety fence etc Yes Yes No No No
Other miscellaneous work (Painting Etc.) Yes Yes No Yes No
Note :- Renovation cost is taken after assuming that franchisee will get ready to use site (i.e. clear wall with cream color paint).
D Cost of Initial Classroom Setup 575,000 0 0 0 0
Setup of Toddler classroom for 12 students Yes
Setup of Nursery classroom for 12 students Yes
Cost of role play equipments Yes
<As per cost breakup given below>
Cost of indoor play equipments Yes
Day Care Setup Equipments for 10 kids Yes
Interior Enhancement Kit Yes
E Cost of further Expansion 265,000 460,000 80,000 0 0
Setup of Toddler classroom Yes No No
Setup of Nursery classroom Yes Yes Yes
Setup of JKG classroom Yes Yes No As per Cost Breakup given below
Setup of SKG classroom No Yes Yes
Day Care Setup Equipments No Yes No
Detail of Further Expansion
Setup of Toddler classroom 8 Kids 0 0 0 0
Setup of Nursery classroom 8 Kids 12 Kids 8 Kids 0 0
Setup of JKG classroom 12 Kids 8 Kids 0 0 0
Setup of SKG classroom 0 12 Kids 8 Kids 0 0
Day Care Setup Equipments 0 10 Kids 0 0 0
Cost breakup of Classroom setup Cost
Cost of classroom setup for 12 students 185,000
Cost of role play equipments 40,000
Cost of indoor play equipments 45,000
Day Care Setup Equipments for 10 kids 75,000
 Interior Enhancement Kit 45,000
Cost breakup of Further Expansion of Classroom setup Cost
Cost of Further expansion of classroom setup for 8 students. 40,000
Cost of Further expansion of Day Care classroom setup for 50,000
10 students.

Depreciation Chart
S. No. Particulars Dep Rate 1st Year 2nd Year 3rd Year 4th Year 5th Year
A IT Hardware
Opening Balance - 75,411 63,187 52,944 44,362
Additions 90,000 - - - -
Depreciation 16.21% 14,589 12,224 10,243 8,582 7,191
Closing Balance 75,411 63,187 52,944 44,362 37,171
Equipments
Opening Balance - 333,288 405,767 375,659 347,785
Additions 360,000 105,000 - - -
Depreciation 7.42% 26,712 32,521 30,108 27,874 25,806
Closing Balance 333,288 405,767 375,659 347,785 321,980
School Setup Cost
Opening Balance - 786,828 1,167,904 1,168,911 1,094,919
Additions 840,000 460,000 80,000 - -
Depreciation 6.33% 53,172 78,924 78,992 73,992 69,308
Closing Balance 786,828 1,167,904 1,168,911 1,094,919 1,025,611
Building Renovation
Opening Balance - 320,000 296,000 236,800 349,440
Additions 400,000 50,000 - 200,000 -
Depreciation 20.00% 80,000 74,000 59,200 87,360 69,888
Closing Balance 320,000 296,000 236,800 349,440 279,552
Gross Block 1,690,000 615,000 80,000 200,000 -
Depreciation 174,473 197,669 178,543 197,808 172,193
Note :- Above mentioned capital expenditure is taken on the basis of our best judgement in the current system, this cost may vary case to case.
MAPLE BEAR CANADIAN PRE SCHOOL <Put Values in the Blank white cell>
Investment required to open a Pre School
S.NO. Particular Initial Investment 2nd Year 3rd Year 4th Year 5th Year TOTAL COST
1 IT Hardware 90,000 0 0 0 0 90,000

2 Office Equipments 360,000 105,000 0 0 0 465,000

3 Initial Building Renovation* 400,000 50,000 0 200,000 0 650,000

4 Cost of Initial Classroom Setup 575,000 0 0 0 0 575,000

5 Cost of further Expansion 265,000 460,000 80,000 0 0 805,000

Franchisee Fee @ 5 lacs + Service tax
6 575,000 0 0 0 0 575,000

7 Advertisement and Marketing Exp. 250,000 0 0 0 0 250,000

8 Working Capital 285,250 0 0 0 0 285,250

Total Initial Investment 2,800,250 615,000 80,000 200,000 0 3,695,250

MAPLE BEAR CANADIAN PRE SCHOOL
Projected Profitability Statement of School in Metro/NCR
S. No. Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
REVENUE
Capacity Utilisation 50% 83% 100% 100% 100%
A REGULAR PROGRAMS 3,630,208 7,429,000 10,819,703 12,550,387 14,432,945
B UNIQUE PROGRAMS 2,266,250 4,472,350 5,584,918 6,462,198 7,431,528
Day Care 1,691,250 3,408,600 3,971,468 4,606,730 5,297,740
English language Plus 250,000 431,250 826,563 950,547 1,093,129
Mom & Tots 125,000 287,500 330,625 380,219 437,252
Saturday Program 60,000 69,000 79,350 91,253 104,940
Summer Camp 140,000 276,000 376,913 433,449 498,467
Total Revenue (A+B) 5,896,458 11,901,350 16,404,621 19,012,585 21,864,473
EXPENSES
C SALARY COST 1,974,000 3,118,500 3,944,055 4,510,253 5,158,840
D OPERATING COST 1,026,986 1,374,273 1,534,982 1,535,786 1,765,875
General and Administrative Expenses 412,752 595,068 656,185 570,378 655,934
Consumable (Meals for day Care Child) 180,000 207,000 238,050 273,758 314,821
Electricity and Water Charges 216,000 248,400 285,660 328,509 377,785
Communication & IT Expenses 41,340 56,025 68,007 77,953 89,367
Advertisement cost 176,894 267,780 287,081 285,189 327,967
E PREMISE RENT 2,415,000 2,415,000 2,415,000 2,777,250 2,777,250
F ROYALTY 560,164 1,130,628 1,558,439 1,806,196 2,077,125
G BRAND BUILDING 58,965 119,014 164,046 190,126 218,645
H DEPRECIATION 174,473 197,669 178,543 197,808 172,193
Total Expenses (D+E+F+G+H) 6,209,587 8,355,084 9,795,065 11,017,419 12,169,928
NET PROFIT/(LOSS) -313,129 3,546,266 6,609,555 7,995,166 9,694,545
Provision for tax* 0 1,150,586 2,144,470 2,594,032 3,145,395
Profit After Tax -313,129 2,395,680 4,465,085 5,401,134 6,549,150
Accumulated Profit -313,129 2,082,551 6,547,637 11,948,771 18,497,921
% of Profit over Revenue -5% 20% 27% 28% 30%
ROI -111% -39% 87% 239% 416%
Investments 2,800,250 615,000 80,000 200,000 0
Net Accumulated Profit after Investment amount -3,113,379 -1,332,699 3,052,387 8,253,521 14,802,671
Tax provision is considered assuming this plan is prepared for Pvt. Ltd Company.
Note :- This profitability statement is prepared taking benchmark of our other Maple Bear Pre Schools in the system.
MAPLE BEAR CANADIAN PRE SCHOOL
PRESENT VALUE OF THE INFLOW AND OUTFLOW FROM 1 SCHOOL IN 5 YEARS
Inflow from
Investments Net Inflow Discount Rate Net Present Value
S. No. Years (A) Operation (B-A) @ 14% @ 14%
(B)
Initial Investment -2,800,250 0 -2,800,250 1.000 -2,800,250
1 1st Year 0 -313,129 -313,129 0.877 -274,674
2 2nd Year -615,000 2,395,680 1,780,680 0.769 1,370,175
3 3rd Year -80,000 4,465,085 4,385,085 0.675 2,959,808
4 4th Year -200,000 5,401,134 5,201,134 0.592 3,079,489
5 5th Year 0 6,549,150 6,549,150 0.519 3,401,423
Total 3,695,250 18,497,921 14,802,671 7,735,971
IRR (Internal Rate of Return) 62.94%

Break Even Point

Particulars
Total Cost at 100% Capacity in first year 7,169,587
Average revenue from one student (All Programs) 123,250
Break Even Students 58

Definition of 'Present Value - PV'

Present value is a process which determine the worth (purchasing power) on today's date of the money which we will receive in future.

The formula for present value is:

PV = CF/(1+r)n
Where:
CF = cash flow in future period
r = the periodic rate of return or interest (also called the discount rate or the required rate of return)
n = number of periods

Definition of 'Internal Rate Of Return - IRR'

The discount rate often used in capital budgeting that makes the "net present value" of all cash flows from a particular project equal to zero.
Generally speaking, the higher a project's internal rate of return, the more desirable it is to undertake the project.

As such, IRR can be used to rank several prospective projects a firm is considering. Assuming all other factors are equal among the various
projects, the project with the highest IRR would probably be considered the best and undertaken first.

IRRs can also be compared against prevailing rates of return in the securities market. If a firm can't find any projects with IRRs greater than the
returns that can be generated in the financial markets, it may simply choose to invest its retained earnings into the market.
MAPLE BEAR CANADIAN PRE SCHOOL
Detail of Working Capital
Particulars Months Total Amount
Salary of Center Head 1 35,000
15 Days Salary of 2 teachers 1 15,000
Salary of Attendent 2 16,000
Electricty & Water 2 18,000
Commission to Property Consultant 201,250
Total Working Capital Required 285,250
* Assumed electricity will be consumed 50% of the normal consumption in the fitout period.
MAPLE BEAR CANADIAN PRE SCHOOL
S.NO. 1st Year 2nd Year 3rd Year 4th Year 5th Year
INCOME
REGULAR PROGRAMS 12
Fee increment per year 15%
A TOTAL REVENUE FROM REGULAR PROGRAMS 3,630,208 7,429,000 10,819,703 12,550,387 14,432,945
UNIQUE PROGRAMS
REVENUE FROM UNIQUE PROGRAMS
Day Care
Day Care 1st Half 358,750 917,700 1,069,241 1,240,274 1,426,315
Day Care 2nd Half 615,000 1,573,200 1,832,985 2,126,183 2,445,111
Day Care Full day 717,500 917,700 1,069,241 1,240,274 1,426,315
English language Plus
Basic 125,000 143,750 330,625 380,219 437,252
Intermediate 125,000 143,750 330,625 380,219 437,252
Advanced 0 143,750 165,313 190,109 218,626
Mom & Tots 125,000 287,500 330,625 380,219 437,252
Saturday Program 60,000 69,000 79,350 91,253 104,940
Summer Camp
3 week camp 60,000 92,000 132,250 152,088 174,901
4 week camp 50,000 115,000 165,313 190,109 218,626
5 week camp 30,000 69,000 79,350 91,253 104,940
B Total Revenue From Unique Programs 2,266,250 4,472,350 5,584,918 6,462,198 7,431,528

Gross Revenue(A+B+C) 5,896,458 11,901,350 16,404,621 19,012,585 21,864,473

EXPENDITURE

i Salary Cost

Number of months on which salary to be paid 12 12 12 12 12

a Principal - Center Head 1 1 1 1 1

Salary per month 35,000 38,500 42,350 46,585 51,244
Annual Salary 420,000 462,000 508,200 559,020 614,922
Annual increment 15% 15% 15% 15%

b Financial Controller 0 0 0 0 0
Salary per month 0 0 0 0 0
 Annual Salary 0 0 0 0 0
Annual increment 15% 15% 15% 15%

c Reception staff per school campus 1 1 1 1 1

Salary per month 12,000 13,800 15,870 18,251 20,988
Annual Salary 144,000 165,600 190,440 219,006 251,857
Annual increment 15% 15% 15% 15%

d Teachers 3 5 5 5 5
Salary per month 15,000 17,250 19,838 22,813 26,235
Annual Salary 540,000 1,035,000 1,190,250 1,368,788 1,574,106
Annual increment 15% 15% 15% 15%

e Teacher Assistant 1 3 5 5 5
Salary per month 12,000 13,800 15,870 18,251 20,988
Annual Salary 144,000 496,800 952,200 1,095,030 1,259,285
Annual increment 15% 15% 15% 15%

f Day Care Teacher 1 1 1 1 1

Salary per month 10000 11,500 13,225 15,209 17,490
Annual Salary 120,000 138,000 158,700 182,505 209,881
Annual increment 15% 15% 15% 15%

g Maids - Regular Programs 3 5 5 5 5

Salary per month 4,500 5,175 5,951 6,844 7,871
Annual Salary 162,000 310,500 357,075 410,636 472,232
Annual increment 15% 15% 15% 15%

h Maids - Day Care programs 2 2 2 2 2

Salary per month 7,000 8,050 9,258 10,646 12,243
Annual Salary 168,000 193,200 222,180 255,507 293,833
Annual increment 15% 15% 15% 15%

i Guard 2 2 2 2 2
Salary per month 8,000 9,200 10,580 12,167 13,992
Annual Salary 192,000 220,800 253,920 292,008 335,809
Annual increment 15% 15% 15% 15%

j Cook 1 1 1 1 1
Salary per month 7,000 8,050 9,258 10,646 12,243
Annual Salary 84,000 96,600 111,090 127,754 146,917
Annual increment 15% 15% 15% 15%

15% 15% 15% 15%

 Total Salary Cost (a+b+c+d+e+f+g+h+i+j) 1,974,000 3,118,500 3,944,055 4,510,253 5,158,840

ii Operating Expenses 12
7.00% 5.00% 4.00% 3.00% 3.00%
a General and Administrative Expenses 412,752 595,068 656,185 570,378 655,934
b Consumable (Meals for day Care Child) 180,000 207,000 238,050 273,758 314,821
C Electricity and Water Charges 216,000 248,400 285,660 328,509 377,785
Communication & IT Expenses
Phones / faxes/ Lease line 19,740 31,185 39,441 45,103 51,588
IT harware maintenance 21,600 24,840 28,566 32,851 37,779
D Total Communication & IT Expenses 41,340 56,025 68,007 77,953 89,367
3.00% 2.25% 1.75% 1.50% 1.50%
E Advertisement cost 176,894 267,780 287,081 285,189 327,967
F Premises Rent 2,415,000 2,415,000 2,415,000 2,777,250 2,777,250
Total Operating Expenses (a+b+c+d+e+f) 3,441,986 3,789,273 3,949,982 4,313,036 4,543,125
Annual increment 15% 15% 15% 15%
iii Brand Building Cost (@ 1% of Gross Fee) 58,965 119,014 164,046 190,126 218,645
iv Royalty fee 560,164 1,130,628 1,558,439 1,806,196 2,077,125
v Deperciation 174,473 197,669 178,543 197,808 172,193
Total Expenditure(i+ii+iii+iv+v) 6,209,587 8,355,084 9,795,065 11,017,419 12,169,928
Profit before Tax -313,129 3,546,266 6,609,555 7,995,166 9,694,545
MAPLE BEAR CANADIAN PRE SCHOOL
Fee Collection Year 1
Particulars April May June July Aug Sep Oct Nov Dec Jan Feb March Total
Capacity % 30% 50% 60% 90% 95% 100% 100% 100% 100% 100% 100% 100%
Regular Program 15 25 30 45 48 50 50 50 50 50 50 50
Fees Collection Regular Program (A) 106,250 177,083 212,500 318,750 336,458 354,167 354,167 354,167 354,167 354,167 354,167 354,167 3,630,208
Day Care
Day Care 1st Half 2 3 3 5 5 5 5 5 5 5 5 5
Day Care Full day 2 3 3 5 5 5 5 5 5 5 5 5
Day Care 2nd Half 3 5 6 9 10 10 10 10 10 10 10 10
Fees Collection in Day Care
Day Care 1st Half 10,500 17,500 21,000 31,500 33,250 35,000 35,000 35,000 35,000 35,000 35,000 35,000 358,750
Day Care Full day 18,000 30,000 36,000 54,000 57,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 615,000
Day Care 2nd Half 21,000 35,000 42,000 63,000 66,500 70,000 70,000 70,000 70,000 70,000 70,000 70,000 717,500
Total Fees Day Care (B) 49,500 82,500 99,000 148,500 156,750 165,000 165,000 165,000 165,000 165,000 165,000 165,000 1,691,250
Grand Total (A+B) 155,750 259,583 311,500 467,250 493,208 519,167 519,167 519,167 519,167 519,167 519,167 519,167 5,321,458

Fee Collection Year 2

Particulars April May June July Aug Sep Oct Nov Dec Jan Feb March Total
Capacity % 75% 80% 85% 100% 100% 100% 100% 100% 100% 100% 100% 100% 95%
Regular Program 60 64 68 80 80 80 80 80 80 80 80 80
Fees Collection Regular Program (A) 488,750 521,333 553,917 651,667 651,667 651,667 651,667 651,667 651,667 651,667 651,667 651,667 7,429,000
Day Care
Day Care 1st Half 8 8 9 10 10 10 10 10 10 10 10 10
Day Care Full day 8 8 9 10 10 10 10 10 10 10 10 10
Day Care 2nd Half 8 8 9 10 10 10 10 10 10 10 10 10
Fees Collection in Day Care
Day Care 1st Half 60,375 64,400 68,425 80,500 80,500 80,500 80,500 80,500 80,500 80,500 80,500 80,500 917,700
Day Care Full day 103,500 110,400 117,300 138,000 138,000 138,000 138,000 138,000 138,000 138,000 138,000 138,000 1,573,200
Day Care 2nd Half 60,375 64,400 68,425 80,500 80,500 80,500 80,500 80,500 80,500 80,500 80,500 80,500 917,700
Total Fees Day Care (B) 224,250 239,200 254,150 299,000 299,000 299,000 299,000 299,000 299,000 299,000 299,000 299,000 3,408,600
Grand Total (A+B) 713,000 760,533 808,067 950,667 950,667 950,667 950,667 950,667 950,667 950,667 950,667 950,667 10,837,600

Fee Collection Year 3

Particulars April May June July Aug Sep Oct Nov Dec Jan Feb March Total
Capacity % 80% 85% 90% 100% 100% 100% 100% 100% 100% 100% 100% 100% 96%
Regular Program 80 85 90 100 100 100 100 100 100 100 100 100
Fees Collection Regular Program (A) 749,417 796,255 843,094 936,771 936,771 936,771 936,771 936,771 936,771 936,771 936,771 936,771 10,819,703
Day Care
Day Care 1st Half 8 9 9 10 10 10 10 10 10 10 10 10
Day Care Full day 8 9 9 10 10 10 10 10 10 10 10 10
Day Care 2nd Half 8 9 9 10 10 10 10 10 10 10 10 10
Fees Collection in Day Care
Day Care 1st Half 74,060 78,689 83,318 92,575 92,575 92,575 92,575 92,575 92,575 92,575 92,575 92,575 1,069,241
Day Care Full day 126,960 134,895 142,830 158,700 158,700 158,700 158,700 158,700 158,700 158,700 158,700 158,700 1,832,985
Day Care 2nd Half 74,060 78,689 83,318 92,575 92,575 92,575 92,575 92,575 92,575 92,575 92,575 92,575 1,069,241
Total Fees Day Care (B) 275,080 292,273 309,465 343,850 343,850 343,850 343,850 343,850 343,850 343,850 343,850 343,850 3,971,468
Grand Total (A+B) 1,024,497 1,088,528 1,152,559 1,280,621 1,280,621 1,280,621 1,280,621 1,280,621 1,280,621 1,280,621 1,280,621 1,280,621 14,791,171

Fee Collection Year 4

Particulars April May June July Aug Sep Oct Nov Dec Jan Feb March Total
Capacity % 85% 90% 90% 100% 100% 100% 100% 100% 100% 100% 100% 100% 97%
Regular Program 85 90 90 100 100 100 100 100 100 100 100 100
Fees Collection Regular Program (A) 915,693 969,558 969,558 1,077,286 1,077,286 1,077,286 1,077,286 1,077,286 1,077,286 1,077,286 1,077,286 1,077,286 12,550,387
Day Care
Day Care 1st Half 9 9 9 10 10 10 10 10 10 10 10 10
Day Care Full day 9 9 9 10 10 10 10 10 10 10 10 10
Day Care 2nd Half 9 9 9 10 10 10 10 10 10 10 10 10
Fees Collection in Day Care
Day Care 1st Half 90,492 95,815 95,815 106,461 106,461 106,461 106,461 106,461 106,461 106,461 106,461 106,461 1,240,274
Day Care Full day 155,129 164,255 164,255 182,505 182,505 182,505 182,505 182,505 182,505 182,505 182,505 182,505 2,126,183
Day Care 2nd Half 90,492 95,815 95,815 106,461 106,461 106,461 106,461 106,461 106,461 106,461 106,461 106,461 1,240,274
Total Fees Day Care (B) 336,113 355,885 355,885 395,428 395,428 395,428 395,428 395,428 395,428 395,428 395,428 395,428 4,606,730
Grand Total (A+B) 1,251,807 1,325,443 1,325,443 1,472,714 1,472,714 1,472,714 1,472,714 1,472,714 1,472,714 1,472,714 1,472,714 1,472,714 17,157,118

Fee Collection Year 5

Particulars April May June July Aug Sep Oct Nov Dec Jan Feb March Total
Capacity % 85% 90% 90% 100% 100% 100% 100% 100% 100% 100% 100% 100% 97%
Regular Program 85 90 90 100 100 100 100 100 100 100 100 100
Fees Collection Regular Program (A) 1,053,048 1,114,991 1,114,991 1,238,879 1,238,879 1,238,879 1,238,879 1,238,879 1,238,879 1,238,879 1,238,879 1,238,879 14,432,945
Day Care
Day Care 1st Half 9 9 9 10 10 10 10 10 10 10 10 10
Day Care Full day 9 9 9 10 10 10 10 10 10 10 10 10
Day Care 2nd Half 9 9 9 10 10 10 10 10 10 10 10 10
Fees Collection in Day Care
Day Care 1st Half 104,066 110,187 110,187 122,430 122,430 122,430 122,430 122,430 122,430 122,430 122,430 122,430 1,426,315
Day Care Full day 178,399 188,893 188,893 209,881 209,881 209,881 209,881 209,881 209,881 209,881 209,881 209,881 2,445,111
Day Care 2nd Half 104,066 110,187 110,187 122,430 122,430 122,430 122,430 122,430 122,430 122,430 122,430 122,430 1,426,315
Total Fees Day Care (B) 386,530 409,267 409,267 454,742 454,742 454,742 454,742 454,742 454,742 454,742 454,742 454,742 5,297,740
Grand Total (A+B) 1,439,578 1,524,259 1,524,259 1,693,621 1,693,621 1,693,621 1,693,621 1,693,621 1,693,621 1,693,621 1,693,621 1,693,621 19,730,685