START-UP FUNDING REQUIREMENT

Start-up Expenses

stationery/brochures/advertising materials 20,000.00

insurance 73,750.00

licenses/taxes/deposits 60,000.00

Equipments 1,732,500.00

employee payroll 1,441,700.00

Opening expenses 350,000.00

Miscellaneous expenses 100,000.00

   

Total start-up Expenses 3,777,950.00

Start-up Assets  

Cash required 5,000,000.00

Start-up Inventory 3,100,000.00

Other Current Assets -

Long-term Assets 29,500,000.00

   

Total Assets 37,600,000.00

₱
Total Requirements 41,377,950.00

START-UP FUNDING

Liabilities and Capital

Liabilities  
Current Liability (borrowed from East West
Bank 1,490,000.00

Long-term liabilities 10,947,700.00

Outstanding bills 1,481,000.00

other liabilities
 -
₱
Total Liabilities 13,918,700.00
Capital  

Planned Investment 16,000,000.00

Investor 1 4,274,100.00

Investor 2 4,274,100.00

Investor 3 4,274,100.00

other -

Additional Investment -
   

Total Planned Investment 28,822,300.00

Loss at start-up (expenses at start-up) (3,777,950.00)

Total Capital 25,044,350.00

₱
Total Capital and Liabilities 38,963,050.00
₱
Total Funding 42,741,000.00
MARKET FORECAST

TARGET MARKET GROWTH 2019 2020 2021 2022 2023 CAGR

FORECAST
POTENTIAL
CUSTOMERS

Yuppies 5% 5%
21,00 22,05 23,152.5 24,310.1 25,525.6
0 0 0 3 3
Students 7% 7%
30,00 32,10 34,347.0 36,751.2 39,323.8
0 0 0 9 8
Primes 4.5% 4.50%
15,00 15,67 16,380.3 17,117.4 17,887.7
0 5 8 9 8
  5.5% 5.50%
66,00 69,82 73,880 78,179 82,737
0 5
 PRO FORMA INCOME STATEMENT
For Year Ended December 31, 2019

Sales ₱ 26,279,142.00
Cost of Raw materials 18,000,000.00
Gross Profit 8,279,142.00

Less Selling and Administrative 4,540,087.00

Bad Debt Expense 308,097.00

Income before Interest and
Taxes 3,430,958.00

Interest Expense 489,216.00

Income before Taxes 2,941,742.00

Income Taxes Expense 2,595,840.00

Net Income 345,902.00

Earnings Per Share 0.81

 PRICE COMPARISON (DOLLAR TO PESO)
(BASED ON CURRENT EXCHANGE RATES)

$ ₱
Electrical Installations 1,000.00 48,500.00
$ ₱
Counters 8,000.00 388,000.00
$ ₱
Lighting 400.00 19,400.00
$ ₱
Shelving 500.00 24,250.00
$ ₱
Painting 400.00 19,400.00
$ ₱
Flooring 500.00 24,250.00
$ ₱
Plumbing 500.00 24,250.00
$ ₱
Restroom Upgrading 300.00 14,550.00
$ ₱
Vent Installations 400.00 19,400.00
$ ₱
Sinks 300.00 14,550.00
$ ₱
Alarm 300.00 14,550.00
$ ₱
Display Cabinets 500.00 24,250.00
$ ₱
Subtotal 13,100.00 635,350.00

Equipment
$ ₱
Espresso Machine 10,000.00 485,000.00
$ ₱
Two Grinders 3,000.00 145,500.00
$ ₱
Refrigerator 800.00 38,800.00
$ ₱
Freezer 500.00 24,250.00
$ ₱
Mop sink and Install 400.00 19,400.00
$ ₱
Mugs/Glasses 400.00 19,400.00
 ₱
Convection Oven (If needed) $ - -
$ ₱
Commercial Drip Coffee Maker 300.00 14,550.00
Computer, Printer and POS $ ₱
system 1,000.00 48,500.00
$ ₱
Chairs and Tables 1,000.00 48,500.00
$ ₱
Outdoor furniture 1,000.00 48,500.00
$ ₱
Small wares 500.00 24,250.00
$ ₱
Music System 400.00 19,400.00
$ ₱
Microwave 300.00 14,550.00
$ ₱
Electronic Scales 150.00 7,275.00
$ ₱
Chemex (2-3) 150.00 7,275.00
$ ₱
Dishwasher (If needed) 700.00 33,950.00
$ ₱
Display Showcase 500.00 24,250.00
$ ₱
Internal Displays and Signage 200.00 9,700.00
$ ₱
Outside Signs and Displays 800.00 38,800.00
$ ₱
Subtotal 22,100.00 1,071,850.00

Other Items
$ ₱
Coffee Beans Inventory 1,000.00 48,500.00
$ ₱
Marketing 500.00 24,250.00
$ ₱
Website Design 500.00 24,250.00
$ ₱
Office Supplies 200.00 9,700.00
$ ₱
Subtotal 2,200.00 106,700.00

$ ₱
GRAND TOTAL 37,400.00 1,813,900.00