Jake's Grilling P &L Worksheet

ORIGINAL REFORMATTED January February March April May June July August September October November December Total
Revenues: 2016 Revenues: 2016 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017
A&F Restaurant Associates $ 320.00 A&F Restaurant Associates $ 320.00 0.1% $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0!
Adams Fairacre Farms 3,834.20 Adams Fairacre Farms 3,834.20 0.9% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Albert's Organic, Inc. 13,753.20 Albert's Organic, Inc. 13,753.20 3.3% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Bozzuto's Inc. 50,479.60 Bozzuto's Inc. 50,479.60 12.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Cavallaro Foods, LLC 69,256.28 Cavallaro Foods, LLC 69,256.28 16.5% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Dash Markets, Inc. 1,797.00 Dash Markets, Inc. 1,797.00 0.4% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
IGA America 2,340.00 IGA America 2,340.00 0.6% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
LaRocco's Country Market 723.00 LaRocco's Country Market 723.00 0.2% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Purdy & Sons Foods 7,951.00 Purdy & Sons Foods 7,951.00 1.9% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Rotiss-A-Q 1,196.00 Rotiss-A-Q 1,196.00 0.3% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Seacrest Foods 60,670.67 Seacrest Foods 60,670.67 14.5% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
UNFI 176,009.28 UNFI 176,009.28 42.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Wakefern 20,851.50 Wakefern 20,851.50 5.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Westfall Station Café 240.00 Westfall Station Café 240.00 0.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Online - PayPal 495.00 Online - PayPal 495.00 0.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Online - Shopify 8,778.56 Online - Shopify 8,778.56 2.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Hadden House - Hadden House - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
New Account (Type over) - New Account (Type over) - 0.0% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
$ 418,695.29 $ 418,695.29 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Discount/Allowances:
Discount Products/Free Product 53,005.66 E - - - - - - - - - - - - -
Discounts: Off-Invoices 4,092.48 E - - - - - - - - - - - - -
Refunds 46.91 E - - - - - - - - - - - - -
57,145.05 14% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Meals and Entertainment 29,810.88 B
Product Supplies 15,523.13 A Net Sales $ 361,550.24 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Office Supplies 3,617.85 C
Postage 5,901.28 B Cost of Goods Sold:
Printing 34,502.16 A Beg. Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Online Services 1,167.46 D Purchases: A
Purchase Services 8,628.25 A Product Supplies 15,523.13 A
Books and Subscriptions 344.62 C Building Rack Supplies 3,603.87 A
Building Rack Supplies 3,603.87 A The Spice Mill (Rubs) 45,843.20 A
Advertising 4,844.59 B Tipton Mills (Rubs) 6,506.56 A
The Spice Mill (Rubs) 45,843.20 A Brooks Bottling (Sauces) 256,772.89 A
Tipton Mills (Rubs) 6,506.56 A Ham Glaze 14,807.24 A
Brooks Bottling (Sauces) 256,772.89 A Palmieri Foods (Sauces) 6,111.03 A
Ham Glaze 14,807.24 A Printing 34,502.16 A
Palmieri Foods (Sauces) 6,111.03 A Bottles 343.82 A
Legal (Trademarks) 2,000.00 C Spoilage/Broken Bottles 80.00 A
Insurance 1,141.45 C Purchase Services 8,628.25 A
Trucking/Freight 6,739.49 B Labor 0
Telephone 4,399.62 B Total 392,722.15 - - - - - - - - - - - - -
Tradeshows 10,827.20 B Less: Ending Inventory - - - - - - - - - - - - - -
Commissions 11,219.80 B Costs of Good Sold 392,722.15 - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Website Expenses 3,050.00 D
Lodging 12,597.16 B Gross Profit $ (31,171.91) $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0!
Demos 5,057.31 B
Airlines 3,987.26 B Selling Expenses:
Membership Fees 1,215.04 B Meals and Entertainment 29,810.88 B 8.2% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
NYS Corporate Taxes 175.00 C Postage 5,901.28 B 1.6% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Professional Fees - Tax 850.00 C Trucking/Freight 6,739.49 B 1.9% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Bottles 343.82 A Telephone 4,399.62 B 1.2% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Refunds 46.91 E Tradeshows 10,827.20 B 3.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Amtrak 451.70 B Commissions 11,219.80 B 3.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Taxi 181.04 B Lodging 12,597.16 B 3.5% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Parking 130.76 B Demos 5,057.31 B 1.4% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
EZ-Pass 1,220.00 B Airlines 3,987.26 B 1.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Tolls 2.50 B Membership Fees 1,215.04 B 0.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Car Rental 24.70 B Amtrak 451.70 B 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Donations 1,075.00 C Taxi 181.04 B 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Fees 462.01 C Parking 130.76 B 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Gifts 407.83 C EZ-Pass 1,220.00 B 0.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Spoilage/Broken Bottles 80.00 A Tolls 2.50 B 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Cash Expenses 7,740.00 C Car Rental 24.70 B 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
ATM 9,876.90 C Gas 5,930.72 B 1.6% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Bank Fees 353.50 C Auto Other 5,026.73 B 1.4% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Other 8,497.33 C Slotting Fees 6,000.00 B 1.7% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Gas 5,930.72 B Slow Movement Fees 330.00 B 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Auto Other 5,026.73 B Advertisements 75.00 B 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Discounts: Off-Invoices 4,092.48 E Advertising 4,844.59 B 1.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Slotting Fees 6,000.00 B Total Selling Expenses 115,972.78 32.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!
Slow Movement Fees 330.00 B
Advertisements 75.00 B Office Expenses:
Discount Products/Free Product 53,005.66 E Office Supplies 3,617.85 C 1.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - Books and Subscriptions 344.62 C 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - Legal (Trademarks) 2,000.00 C 0.6% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - Insurance 1,141.45 C 0.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - NYS Corporate Taxes 175.00 C 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - Professional Fees - Tax 850.00 C 0.2% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
New Expense Account - Donations 1,075.00 C 0.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
606,598.93 Fees 462.01 C 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Gifts 407.83 C 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Net Profit $ (187,903.64) Cash Expenses 7,740.00 C 2.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
ATM 9,876.90 C 2.7% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Bank Fees 353.50 C 0.1% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Other 8,497.33 C 2.4% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Total Office Expenses 36,541.49 10.1% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!

Labor Expenses:
Officers and Management 0 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Hourly 0 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Over-Time 0 0.0% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Total Labor 0 0.0% 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

Web Expenses:
Online Services 1,167.46 D 0.3% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Website Expenses 3,050.00 D 0.8% ### ### ### ### ### ### ### ### ### ### ### ### #VALUE!
Total Web Expenses 4,217.46 1.2% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!

Total Expenses 156,731.73 43.3% - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0! - #DIV/0!

Net Profit/(Loss) $ (187,903.64) -52.0% $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0! $ - #DIV/0!
Jake's Grillin
Comparative Profit & Loss Statement
Year Ending Year Ending
31-Dec-16 31-Dec-15

Gross Sales $ 491,736 $ 400,382

Returns and Allowances ($47,450) $0
Net Sales $ 444,286 $ 400,382

Cost of Goods Sold:

Beg. Inventory $ 2,340 $ 2,548
Purchases 333,041 219,469
Other Costs:
Printing 34,502 19,735
Supplies 19,127 16,548
Bottles/Caps - 2,558
Rubs - 497
Sauces - -
Ham Glaze - -
Racks - 7,009
Cash Exp - -
Trucking - -
Freight 6,739 6,145
Commissions 11,219 10,475
Artwork 3,050 3,875
Food Shows 10,827 -
Purchase Service 8,628 -
Online Service 1,167 -
Food Shows - 12,988
Lodging 12,597 11,867
Airlines 3,987 5,341
Trademark 2,000 -
Car Rentals - 2,583
Taxi 182 85
Slotting Fees 6,330 -
Car Service - 131
EZ Pass - 1,276
Parking - 462
Demo - 4,486
Damages Spoil - 3,666
Samples - 5,034
Gifts - 792
Total Cost of Goods Sold 455,736 337,570
Less: Ending Inventory (5,688) (2,340)
Cost of Goods Sold 450,048 335,230

Gross Profit (5,762) 65,152

Expenses:

Officers Compensation $ - $ -
Salaries and Wages - -
Repairs and maintenance - -
Bad Debts - -
Rent - -
Taxes and Licenses 175 -
Interest - -
Charitable Contributions - -
Depreciation - -
Advertising 4,845 2,068
Employee Benefit Programs - -
Other Deductions:
Accounting 850 850
Bank Charges - 1,289
Advertising - -
Food Show - -
Printing -
Dues and Subscriptions - 1,014
Insurance 1,141 1,045
Legal and Professional - 4,515
Auto and Truck - 33,149
Samples/Demos 5,057 -
Postage 5,901 4,707
Gifts - -
Miscellaneous - -
Supplies/Tools 4,400 -
Telephone - 8,095
Travel - -
Web hosting - 1,238
Member Fees 1,215 911
Tolls/Parking - -
Office 3,618 3,950
50% of Meals & Entertainment 7,453 14,070
Total Expenses $ 34,655 $ 76,901

Income/(Loss) $ (40,417) $ (11,749)

Year Ending
31-Dec-14

$ 301,543
$0
$ 301,543

$ 2,387
-

15,835 x
5,678 x
38,733 x
78,973 x
7,929 x
6,425 x
3,000 x
5,699 x

8,356 x
3,850 x

176,865
(2,548)
 174,317

127,226

$ -
-
-
-
-
50
-
-
-
-
-

850
181
1,167
6,587
- 12,987
1,616
580
4,563
37,982
-
3,095
785
91
1,594
4,153
7,266
1,723
-
1,341
-
15,961
$ 102,572

$ 24,654
Lat-Pro

Comparative Balance Sheet

31-Dec-16 31-Dec-15
Assets:
Current:
Cash $ 235 $ 1,026
Accounts Receivable, net - -
Inventory 5,688 2,340
Other - -
Sub-total 5,923 3,366

Property & Equipment:

Buildings & Depr Assets - -
Accum Depr. - -
Net Building & Depr Assets - -

Intangible Assets:
Intelletual Property - -
Accum Amort. - -
New Intellectual Property - -

Total Assets $ 5,923 $ 3,366

Liabilities & Stockholders Equity

Current Liabilities:
Accounts Payable $ - $ -
Loans Outstanding:
AAA Financial $ 16,000 $ -
Bank of America $ 10,766 $ -
Chase JP Morgan $ 49,000 $ -
Loan Depot $ 20,400 $ -
Jake Moran $ 10,000 $ -
Kevin Spencer $ 10,000 $ -
American Express $ 14,000 $ -
Sub-total 122815 $ 130,166 $ -
Other Current Liabilities (7,351) -

Total Liabilities 122,815 71,314

Stockholders Equity:
Preferred Stock - -
Common Stock - -
 Additional Paid in Capital - -
Retained Earnings (116,892) (67,948)
Total Equity (116,892) (67,948)

Total Liabilities & Stockholders Equity $ 5,923 $ 3,366

 31-Dec-14

$ 357
-
2,548
-
2,905

-
-
-

-
-
-

$ 2,905

$ -

$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
-

43,904

-
-
 -
(40,999)
(40,999)

$ 2,905