Financial Plan

GENERAL
Description Amount Justification
Expected Sales for the first Year after opening 24,203,400 (Based on projects in hand)
Expected Sales for the first 3 mounths after opening 4,297,800 (Based on prevailing market rates) *50%
Expected Sales for the following 9 months 19,905,600 (Based on prevailing market rates) *80%
Capital Injection 8,000,000 (Based on projections)
Gross Profit Percentage 45% (Based on prevailing industry margins )
Annual Increase in Sales 10% (Based on prevailing industry growth )
Annual Increase in Overheads 10% (Based on prevailing market rates )
Visa Cost per head 9,000 (Based on actuals )
Head Count 44 (Based on projections)

STAFF SALARIES
Employees No. Salary Per Head Total Salary
Managing Director.ex chef 1 50,000 50,000
Resturant Director 1 30,000 30,000
Assistant and Bar Manager 1 8,000 8,000
Supervisors 3 2,000 6,000
Captains 4 2,200 8,800
Waiters 10 1,800 18,000
Receptionist/Secretary 1 6,000 6,000
Valet Parking 0 2,500 0
Kitchen Staff 12 2,500 30,000
Accountant 1 3,000 3,000
Drivers 0 3,000 0
Cleaners 7 1,000 7,000
Sous Chef/ Speciality 1 20,000 20,000
Sous Chef 2 10,000 20,000
Total 44 206,800

Rent 1 90,000 90,000

Utilities 1 20,000 20,000
Total 2 110,000

ASSETS
Description No. Amount Total (Splits)
visas/start up 1 396,000 396,000 3
accomodation 1 400,000 400,000 3
Kitchen 1 1,000,000 1,000,000 3
Interiors 1 4,000,000 4,000,000 3
Crockery and cutlary 1 500,000 500,000
Wine Cellar 1 500,000 500,000
Rent per year 0 1,080,000 0 1
Uniforms 1 350,000 350,000
Telephone System 1 10,000 10,000
8 7,156,000
1,522,553 Euro
 Customers Unit spend Startup 1 month 2 months 3 months 4 months 5 months 6 months
Phase SIGNING
Covers 160 265 0 0 0 0 0 0 0
Bar 150 220 0 0 0 0 0 0 0
Daily Total 0 0 0 0 0 0 0
Montly Income 0 0 0 0 0 0 0
Monthly Profit 0 0 0 0 0 0 0
Salaries+Utilities -88,933 -88,933 -88,933 -88,933 -88,933 -88,933 -226,800
Rent -66,667 -133,333 -1,080,000
Net Profit -155,600 -88,933 -88,933 -88,933 -222,267 -88,933 -1,306,800
Assets -3,158,667 -132,000 -1,666,667
Cashflow ### -88,933 -88,933 -88,933 -354,267 -88,933 ###
Equity 8,000,000 4,685,733 4,596,800 4,507,867 4,418,933 4,064,667 3,975,733 1,002,267
Equity 160 150 8,000,000 4,685,733 4,596,800 4,507,867 4,418,933 4,064,667 3,975,733 1,002,267
Equity 200 250 8,000,000 4,685,733 4,596,800 4,507,867 4,418,933 4,064,667 3,975,733 1,002,267
Equity 300 500 8,000,000 4,685,733 4,596,800 4,507,867 4,418,933 4,064,667 3,975,733 1,002,267
7 months 8 months 9 months 10 months 11 months 12 months 13 months 14 months 15 months 16 months
OPENING
21,200 27,560 31,800 36,040 40,280 42,400 42,400 42,400 42,400 42,400
16,500 21,450 24,750 28,050 31,350 33,000 33,000 33,000 33,000 33,000
37,700 49,010 56,550 64,090 71,630 75,400 75,400 75,400 75,400 75,400
1,131,000 1,470,300 1,696,500 1,922,700 2,148,900 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000
508,950 661,635 763,425 865,215 967,005 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900
-226,800 -226,800 -226,800 -226,800 -226,800 -226,800 -249,480 -249,480 -249,480 -249,480
-133,333 -133,333 -133,333
282,150 301,502 536,625 638,415 740,205 657,767 768,420 768,420 768,420 635,087
-1,666,667 -132,000
282,150 ### 404,625 638,415 740,205 657,767 768,420 768,420 768,420 635,087
1,284,417 -80,748 323,877 962,292 1,702,497 2,360,263 3,128,683 3,897,103 4,665,523 5,300,610
1,284,417 -80,748 323,877 962,292 1,702,497 2,360,263 3,128,683 3,897,103 4,665,523 5,300,610
1,504,467 425,367 1,160,067 2,172,567 3,330,867 4,428,733 5,637,253 6,845,773 8,054,293 9,129,480
2,054,592 1,690,654 3,250,542 5,198,254 7,401,792 9,599,908 ### ### ### ###
17 months 18 months 19 months 20 months 21 months 22 months 23 months 24 months 25 months 26 months

42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400
33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000
75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400
2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000
1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900
-249,480 -249,480 -249,480 -249,480 -249,480 -249,480 -249,480 -249,480 -274,428 -274,428
-1,080,000 -133,333 -133,333
768,420 -311,580 768,420 635,087 768,420 768,420 768,420 635,087 743,472 743,472

768,420 -311,580 768,420 635,087 768,420 768,420 768,420 635,087 743,472 743,472
6,069,030 5,757,450 6,525,870 7,160,957 7,929,377 8,697,797 9,466,217 ### ### ###
6,069,030 5,757,450 6,525,870 7,160,957 7,929,377 8,697,797 9,466,217 ### ### ###
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27 months 28 months 29 months 30 months 31 months 32 months 33 months 34 months 35 months 36 months

42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400 42,400
33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000 33,000
75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400 75,400
2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000 2,262,000
1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900 1,017,900
-274,428 -274,428 -274,428 -274,428 -274,428 -274,428 -274,428 -274,428 -274,428 -274,428
-133,333
743,472 610,139 743,472 743,472 743,472 743,472 743,472 743,472 743,472 743,472

743,472 610,139 743,472 743,472 743,472 743,472 743,472 743,472 743,472 743,472
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