YEAR 1 YEAR 2 YEAR 3

Sales $194,245 $211,120 $228,204

Direct Cost of Sales $79,110 $85,148 $87,612

Other Costs of Goods $0 $0 $0

TOTAL COST OF SALES $79,110 $85,148 $87,612

Gross Margin $115,135 $125,972 $140,592

Gross Margin % 59.27% 59.67% 61.61%

Expenses

Payroll $43,600 $56,000 $63,500

Marketing/Promotion $5,400 $6,000 $6,000

Depreciation $1,380 $1,380 $1,380

Rent $18,000 $19,000 $20,000

Utilities $8,010 $8,200 $8,600

Monthly disposable supplies $1,200 $1,200 $1,200

Insurance $5,000 $5,000 $5,000

Payroll Taxes $0 $0 $0

Other $0 $0 $0

Total Operating Expenses $82,590 $96,780 $105,680

Profit Before Interest and Taxes $32,545 $29,192 $34,912

EBITDA $33,925 $30,572 $36,292

Interest Expense $4,513 $3,721 $2,894

Taxes Incurred $8,410 $7,641 $9,606

Net Profit $19,622 $17,830 $22,413

Net Profit/Sales 10.10% 8.45% 9.82%

Year 2019 2020 2021 2022 2023
Sales P 100,000.00 P 250, 000.00 P 205, 000.00 P 200, 000.00 P 300, 000.00
Cost of Goods Sold (50, 000.00) (75, 000.00) (45, 000.00) (90,000.00) (175,00.00)
Total Cost of Sales 50, 000.00 75, 000.00 45, 000.00 90, 000.00 175, 000.00
Profit Margin 50, 000.00 175,000.00 160, 000.00 110, 000.00 125, 000.00
Profit Margin % 50% 70% 78% 55% 41.67%

Expenses
Disposable Supplies P 10, 000.00 P 15, 000.00 P 12, 500.00 P 15, 000.00 P 18, 000.00
Utilities 20, 000.00 25, 000.00 23, 000.00 28, 000.00 25,000.00
Total Expenses (30, 000.00) (40,000.00) (35, 500.00) (43, 000.00) (43, 000.00)
Net Profit P20, 000.00 P 135, 000.00 P 124, 500.00 P67, 000.00 P 82, 000.00
Net Profit % 20% 54% 61% 33.5% 27.3%

Year 2019 2020 2021 2022 2023

Capital P100, 000.00 P 155, 000.00 P205, 000.00 P 225, 000.00 P 300, 000.00
Profit 80, 000.00 100, 000.00 100, 000.00 150, 000.00 200, 000.00
Loss (25, 000.00) (50, 000.00) (80, 000.00) (75, 000.00) (100, 000.00)
Total P 155, 000 P205, 000.00 P 225, 000.00 P 300, 000.00 P 400, 000.00