Total populaton (2015) 452285 Share Annual Monthly

OFW 10764 KTV Rooms 50% 12192.53 1016.044

Children 45233 Food 35% 8534.77 711.2309
Target Market (2015) 396288 Beverages 15% 3657.759 304.8132
Annual Growth rate 1.0127 100% 24385.06 2032.088
Target Market (2016) 401320.9
Annual Growth rate 1.0127
Target Market(2017) 406417.6
Industry Share 0.06
Annual Customer 24385.06
Daily
39.07862
27.35503
11.72359
78.15724
Employees Time Schedule:

Accountant 10:00am-2:00am
Operational Manager 10:00am-2:00am
Cashier 10:00am-2:00am
Crew 10:00am-2:00am
Head Chef 10:00am-2:00am
Assistant chef 10:00am-2:00am
Janitor 10:00am-2:00am
Security Guard 10:00am-2:00am
Dishwasher 10:00am-2:00am

Monthly Salary
General Manager 20,000.00
Accountant 18,000.00
Operational Manager 13,000.00
Cashier 7,000.00
Crew 5,000.00
Head Chef 10,000.00
Assistant chef 8,000.00
Janitor 4,000.00
Security Guard 4,000.00
Dishwasher 4,000.00
total 93,000.00
 Principal Payments Interest Payments Interest expense
Beginning Balance
Year 1 500,000.00 500,000.00 556,501.20
Year 2 500,000.00 450,000.00 503,281.34
Year 3 500,000.00 400,000.00 449,675.11
Year 4 500,000.00 350,000.00 395,636.12
Year 5 500,000.00 300,000.00 341,112.45
Year 6 500,000.00 250,000.00 286,045.95
Year 7 500,000.00 200,000.00 230,371.46
Year 8 500,000.00 150,000.00 174,016.04
Year 9 500,000.00 100,000.00 116,897.96
Year 10 500,000.00 50,000.00 58,925.71

Principal Interest total payments

500,000.00 500,000.00 1,000,000.00
500,000.00 450,000.00 950,000.00
500,000.00 400,000.00 900,000.00
500,000.00 350,000.00 850,000.00
500,000.00 300,000.00 800,000.00
500,000.00 250,000.00 750,000.00
500,000.00 200,000.00 700,000.00
500,000.00 150,000.00 650,000.00
500,000.00 100,000.00 600,000.00
500,000.00 50,000.00 550,000.00
Amortization Present Value
4,637,510.00
56,501.20 4,194,011.20
53,281.34 3,747,292.54
49,675.11 3,296,967.65 6.00
45,636.12 2,842,603.77
41,112.45 2,383,716.22 362,489.90 305,988.70
36,045.95 1,919,762.17
30,371.46 1,450,133.63 305,988.00
24,016.04 974,149.66
16,897.96 491,047.62
8,952.28 -

PV factor Present Value

0.89 892,900.00
0.80 757,340.00
0.71 640,620.00
0.64 540,175.00
0.57 453,920.00
0.51 379,950.00
0.45 316,610.00
0.40 262,535.00
0.36 216,360.00
0.32 177,100.00
4,637,510.00
(10,683,538.00) Cash
Inventory
Supplies
Ktv equipment
Kitchen tools and equipment
Food and beverages equipment
furnitures and fixtures
Building
Land
Loans payable
Salaries Payable
Taxes Payable

Utilities Payable
Unearned Interest
Capital
- Total
Sales
Salaries Expense
56501.2 Utilities Expense
500000 Advertising Expense
556501.2 Repairs and Maintenance
Depreciations Expense
Business Registration
Supplies Expense
Acc Dep- KTV
Acc Dep-Kitchen
Acc-dep food and bev
Acc dep- Furnitures
Acc dep- Building
Interest Expense
Tax Expense
Total
Net Income
 Trial Balance Adjustments Adjusted TB
Debit Credit Debit Credit Debit
1,316,462.00 7,946,718.00 2,951,000.00 6,312,180.00
2,100,000.00 2,100,000.00
16,525.00 16,525.00
833,778.00 833,778.00
100,855.00 100,855.00
37,250.00 37,250.00
132,640.00 132,640.00
3,100,000.00 3,100,000.00
4,000,000.00 4,000,000.00
5,000,000.00 500,000.00

970,314.24

362,490.00 56,501.20 305,988.80

7,000,000.00
12,000,000.00 12,000,000.00
7,946,718.00
1,464,000.00 1,464,000.00
372,000.00 372,000.00
10,000.00 10,000.00
96,000.00 96,000.00
275,595.00 275,595.00
9,000.00 9,000.00
16,525.00 16,525.00
119,111.00
10,085.00
7,450.00
18,949.00
120,000.00
556,501.20 556,501.20
970,314.24 970,314.24
12,216,653.44 12,216,653.44 20,692,627.24

salaries 1464000
utilities 372000
Advertising Expense 10000
Repairs and Maintenance 96000
suppies 9000
1951000
Adjusted TB Income Statement Statement of financial Position
Credit Debit Credit Debit Credit
6,312,180.00
1,912,716.00 187,284.00

833,778.00
100,855.00
37,250.00
132,640.00
3,100,000.00
4,000,000.00
4,500,000.00 4,500,000.00

970,314.24 970,314.24

305,988.80
7,000,000.00 7,000,000.00

7,946,718.00 7,946,718.00
1,464,000.00
372,000.00
10,000.00
96,000.00
275,595.00
9,000.00
16,525.00
119,111.00 119,111.00
10,085.00 10,085.00
7,450.00 7,450.00
18,949.00 18,949.00
120,000.00 120,000.00
556,501.20
970,314.24
20,692,627.24 7,946,718.00 5,682,651.44 15,009,975.80 12,745,909.24
2,264,066.56 2,264,066.56
5,682,651.44 5,682,651.44 15,009,975.80 15,009,975.80

4,194,011.20
 KTV BAR
Income Statement
For the Period Ended December 31

Projected Sales
Less: Cost of Goods sold
Gross Profit
Less: Operationg Expenses
Salaries Expense
Utilities Expense
Advertising Expense
Repairs and Maintenance
Depreciations Expense
Business Registration
Supplies Expense
Net Income before Interest
Less: Finance Cost
Net Income beforeTax
Less:Tax
Net Income after Tax

TOTAL SALES
Projected Sales- KTV
Rate per hour 250
Service Hours 8
Total sales per rrom 2000
X No. of Room 5
Sales per day 10000
X No. of working days 26
Sales per month 260000
X No. of moths 12

Projected Sales- Food

Adobo
Selling Price 130
X Expected Customer 5.4
Total 702
xNo. Of Orders 3
Sales per Day 2106
X No. of working days 26
Sales per month 54756
 X No. of moths 12
Total 657072

Projected Sales - Beverages

SM Orig
Selling Price 40
X Expected Customer 3.6
Total 144
xNo. Of Orders 4
Sales per Day 576
X No. of working days 26
Sales per month 14976
X No. of moths 12
Total 179712

TOTAL SALES

COST OF SALES
Projected COS- Food
Adobo
Cost 90
X Expected Customer 5.4
Total 486
xNo. Of Orders 2
Cost per Day 972
X No. of working days 26
Cost per month 25272
X No. of moths 12
Total 303264

Projected COS- Beverage

SM Orig
Cost 30
X Expected Customer 3.6
Total 108
xNo. Of Orders 4
Cost per Day 432
X No. of working days 26
Cost per month 11232
X No. of moths 12
Total 134784

TOTAL COST OF SALES

SALARIES EXPENSE

Employees Monthly NO. of Employes

General Manager 20,000.00 1
Accountant 18,000.00 1
Operational Manager 13,000.00 1
Cashier 7,000.00 2
Crew 5,000.00 3
Head Chef 10,000.00 1
Assistant chef 8,000.00 2
Janitor 4,000.00 1
Security Guard 4,000.00 2
Dishwasher 4,000.00 1
TOTAL

UTILITIES EXPENSE
Water bill @ Php 1,000 a month
Electric Bill @ Php 30,000 a month
Total Utilities Expense

ADVERTISING Expense
Radio Broadcast
Flyers and Tarpaulin
Total Advertising expense

REPAIRS AND MAINTENANCE

Kitchen Maintenance @ Php 2,000.00 a month
Bar and KTV Maintenance @ Php 5,000.00 a month
Other Maintenance @Php 1,000 a month
Total Repairs and Maintenance

DEPRECIATION EXPENSE
Building
KTV equipment
Kitchen Tools and Equipment
Food & Beverages Tools and Equipment
Furniture and Fixtures
Total

SUPPLIES EXPENSE
2 Reams Bond Paper @ Php 160.00 each
1 Box of HBW Ball pen @ Php 330.00
50 Bags of Bathroom Tissue @ Php 50.00 each
 30 Bags of Table Tissue @ Php 50.00 each
5 Record books @ Php 90.00 each
Others
Cleaning tools and Materials
Total Supplies Expense

CLEANING TOOLS AND MATERIALS

DESCRIPTIONQTY UNIT COST TOTAL
Curtains 5 Set 1,200.00 6,000.00
Detergent 10 Pack 50.00 500.00
Mop 10 pieces 125.00 1,250.00
Trash Can 10 pieces 120.00 1,200.00
Garbage 100 buddle 10.00 1,000.00
Fine Bro 5 pieces 50.00 250.00
Broom 5 pieces 20.00 100.00
Dust Pan 5 pieces 25.00 125.00 10,425.00
1

7946718
1912716
6034002

1,464,000.00
372,000.00
10,000.00
96,000.00
275,595.00
9,000.00
16,525.00 2,243,120.00
3,790,882.00
556,501.20
3,234,380.80
970,314.24
2,264,066.56

3120000

Sisig Nilaga Steak Shanghai Porkchop Fries Junkfoods

140 185 145 135 150 50
6.75 2.7 2.7 6.75 2.7
945 499.5 391.5 911.25 405
4 2 2 5 3
3780 999 783 4556.25 1215
26 26 26 26 26
98280 25974 20358 118462.5 31590 6954
 12 12 12 12 12 12
1179360 311688 244296 1421550 379080 0 83448 4193046

SM Flavored RH Pale Pilsen SM Orig

40 55 40 Flavored
2.4 3 3 RH
96 165 120 PP
5 3 4
480 495 480
26 26 26
12480 12870 12480
12 12 12
149760 154440 149760 633672

7946718

Nilaga Menudo chopsuey Porkchop

90 90 70 125
6.75 2.7 2.7 6.75
607.5 243 189 843.75
2 2 2 2
1215 486 378 1687.5
26 26 26 26
31590 12636 9828 43875
12 12 12 12
379080 151632 117936 526500 1478412

SM Flavored RH Pale Pilsen

28 40 28
2.4 2.4 3
67.2 96 84
5 3 4
336 288 336
26 26 26
8736 7488 8736
12 12 12
104832 89856 104832 434304

1912716
No. of months Annual Salary
12 240,000.00
12 216,000.00
12 156,000.00
12 168,000.00
12 180,000.00
12 120,000.00
12 192,000.00
12 48,000.00
12 96,000.00
12 48,000.00
1464000

12000
360000
372000

4000
6000
10000

24000
60000
12000
96000

120000
119111
10085
7450
18949
275595

320
330
2500
 1500
450
1000
10425
16525
adobo 20% 27 5.4
Sisig 25% 27 6.75
Nilaga 10% 27 2.7
Steak 10% 27 2.7
Shanghai 25% 27 6.75
Porkchop 10% 27 2.7
Fries
27
 100%

30% 12 3.6
20% 12 2.4
25% 12 3
25% 12 3
100% 12
 KTV BAR
IS
For the period ended december 31

Year 1 Year 2
Projected Sales 7946718 8741389.8
Less: Cost of Goods sold 1912716 2103987.6
Gross Profit 6034002 6637402.2
Less: Operationg Expenses
Salaries Expense 1,464,000.00 1,537,200.00
Utilities Expense 372,000.00 383,160.00
Advertising Expense 10,000.00 10,000.00
Repairs and Maintenance 96,000.00 96,000.00
Depreciations Expense 275,595.00 275,595.00
Business Registration 9,000.00 7,430.00
Supplies Expense 16,525.00 16,525.00
Net Income before Interest 3,790,882.00 4,311,492.20
Less: Finance Cost 556,501.20 503,281.34
Net Income beforeTax 3,234,380.80 3,808,210.86
Less:Tax 970,314.24 1,142,463.26
Net Income after Tax 2,264,066.56 2,665,747.60
Year 3 Year 4 Year 5
9615528.78 10577081.658 11634789.8238
2314386.36 2545824.996 2800407.4956
7301142.42 8031256.662 8834382.3282

1,614,060.00 1,694,763.00 1,779,501.15

394,654.80 406,494.44 418,689.28
10,000.00 10,000.00 10,000.00
96,000.00 96,000.00 96,000.00
275,595.00 275,595.00 275,595.00
7,430.00 7,430.00 7,430.00
16,525.00 16,525.00 16,525.00
4,886,877.62 5,524,449.22 6,230,641.90
449,675.11 395,636.12 341,112.45
4,437,202.51 5,128,813.10 5,889,529.45
1,331,160.75 1,538,643.93 1,766,858.83
3,106,041.76 3,590,169.17 4,122,670.61
Inventory
Year 1 Year 2 Year 3 Year 4 Year 5
Beginning Inventory 0 187284 372296.4 552920 726655.9
Purchases 2100000 2289000 2495010 2719561 2964321
Total Goods Available for Sale 2100000 2476284 2867306 3272481 3690977
Cost of sales 1912716 2103988 2314386 2545825 2800407
Ending Inventory 187284 372296.4 552920 726655.9 890569.8
 Everyday Frid
Pojected Statement of Cash
Year 1 Year 2
Cash Flow from Operating Activity
Beginning balance 6,312,180.00
Cash Receipts 7,946,718.00 8,741,389.80
Total Receipts 7,946,718.00 15,053,569.80
Disbursements
Inventory 2,100,000.00 2,289,000.00
Supplies 16,525.00 16,525.00
Advertising 10,000.00 10,000.00
Repairs 96,000.00 96,000.00
Business Registration 9,000.00 7,430.00
Salaries 1,464,000.00 1,537,200.00
interest 500,000.00 450,000.00
tax 970,314.24
utilities 372,000.00 383,160.00
total disbursement 4,567,525.00 5,759,629.24

Cash Flow from Investing Activity

Ktv equipment 833,778.00

Kitchen tools and equipment 100,855.00
Food and beverages equipment 37,250.00
furnitures and fixtures 132,640.00
Building 3,100,000.00
Land 4,000,000.00
Total 8,204,523.00

Cash Flow from Financing Activity

Proceeds from loan 4,637,510.00

payment of loan 500,000.00 500,000.00
investment made by the owner 7,000,000.00
Total 12,137,510.00 500,000.00

Total 6,312,180.00 8,793,940.56

8,148,180.00
 Everyday Friday KTV
ojected Statement of Cash Flow for Five Years
Year 3 Year 4 Year 5

9,615,528.78 10,577,081.66 11,634,789.82

9,615,528.78 10,577,081.66 11,634,789.82

2,495,010.00 2,719,560.90 2,964,321.38

16,525.00 16,525.00 16,525.00
10,000.00 10,000.00 10,000.00
96,000.00 96,000.00 96,000.00
7,430.00 7,430.00 7,430.00
1,614,060.00 1,694,763.00 1,779,501.15
400,000.00 350,000.00 300,000.00
1,142,463.26 1,331,160.75 1,538,643.93
394,654.80 406,494.44 418,689.28 31,000.00 414,160.00
6,176,143.06 6,631,934.10 7,131,110.74 31,930.00 426,584.80
32,887.90 439,382.34
33,874.54 452,563.82

500,000.00 500,000.00 500,000.00

500,000.00 500,000.00 500,000.00

2,939,385.72 3,445,147.56 4,003,679.09

 Everyday Friday
Statement of Financ
As of Decemb

Assets:
Current Assets
Cash
Invetory
Noncurrent Assets
KTV equipment
Less: Accumulated Depreciation
Kitchen Tools and Equipment
Less: Accumulated Depreciation
Food & Beverages Tools and Equipment
Less: Accumulated Depreciation
Furnitures and Fixtures
Less: Accumulated Depreciation
Building
Less: Accumulated Depreciation
Land
Total Assets

Liabilities and Capital

Current liabilities
Utilities Payable
Salaries payable
Taxes Payable
Loans Payable

Noncurrent liabilities
Loans payable
Total Liabilities
Capital
capital
Net Income
Total
 Everyday Friday KTV Bar
Statement of Financial Position
As of December 31

6,312,180.00
187,284.00 6,499,464.00

833,778.00
119,111.00 714,667.00
100,855.00
10,085.00 90,770.00
37,250.00
7,450.00 29,800.00
132,640.00
18,949.00 113,691.00
3,100,000.00
120,000.00 2,980,000.00
4,000,000.00 7,928,928.00
14,428,392.00

970,314.24
446,719.26
1,417,033.50

3,747,292.54
5,164,326.04

7,000,000.00
2,264,066.56 9,264,066.56
14,428,392.60
 Year 1
Debit Credit
Cash 6,312,180.00
Inventory 187,284.00
Supplies
Ktv equipment 833,778.00
Acc Dep- KTV 119,111.00
Kitchen tools and equipment 100,855.00
Acc Dep-Kitchen 10,085.00
Food and beverages equipment 37,250.00
Acc-dep food and bev 7,450.00
furnitures and fixtures 132,640.00
Acc dep- Furnitures 18,949.00
Building 3,100,000.00
Acc dep- Building 120,000.00
Land 4,000,000.00
Loans payable 4,500,000.00
Salaries Payable
Taxes Payable 970,314.24
Utilities Payable
Unearned Interest 305,988.80
Capital 7,000,000.00
subtotal 15,009,975.80 12,745,909.24
Net Income 2,264,066.56
Total 15,162,975.80 15,009,975.80
 Year 2 Year 3 Year 4
Debit Credit Debit Credit Debit
8,793,940.56 3,073,890.72 3,586,377.81
372296.4 552920.04 726655.944

833,778.00 833,778.00 833,778.00

238,222.00 357,333.00
100,855.00 100,855.00 100,855.00
20,170.00 30,255.00
37,250.00 37,250.00 37,250.00
14,900.00 22,350.00
132,640.00 132,640.00
37,898.00 56,847.00
3,100,000.00 3,100,000.00
240,000.00 360,000.00
4,000,000.00 4,000,000.00
4,000,000.00 3,500,000.00
134,505.00
1,151,641.76 1,340,339.25
32,887.90
252,706.66 203,031.55 157,395.43
7,000,000.00 7,000,000.00
10,390,826.62 12,702,831.76 12,034,365.31 12,834,517.15 12,674,952.18
2,665,747.60 3,127,458.26
10,390,826.62 10,037,084.16

353,742.46
Year 4 Year 5
Credit Debit Credit
4,151,970.85
890569.829399999

833,778.00
476,444.00 595,555.00
100,855.00
40,340.00 50,425.00
37,250.00
29,800.00 37,250.00
132,640.00
75,796.00 94,745.00
3,100,000.00
480,000.00 600,000.00
4,000,000.00
3,000,000.00 2,500,000.00
14,120.25 148,291.76
1,547,822.43 1,776,037.33
33,874.54 34,890.77
116,282.98
7,000,000.00 7,000,000.00
12,698,197.22 13,363,346.66 12,837,194.87
3,611,585.67 4,144,087.11