Income Year 1 Year 2 Year 3 Year 4 Year 5 5 Year Total

Gross Sales:
Customers Per Day 15 30 30 45 45
Days of Operation per Week 5 5 5 5 5
Weeks of Operation per Year 50 50 50 50 50
Total Customers Annually 3,750 7,500 7,500 11,250 11,250
Average Sale per Customer $35 $40 $45 $50 $50
Total Gross Sales $131,250 $300,000 $337,500 $562,500 $562,500 $1,893,750

Expenses
Marketing & Advertising $15,000 $25,000 $25,000 $30,000 $30,000 $125,000
Materials & Supplies $20,000 $60,000 $70,000 $80,000 $90,000 $320,000
Licenses, Fees & Permits $200 $200 $200 $200 $200 $1,000
Insurance $2,000 $2,000 $2,000 $2,000 $2,000 $10,000
Office Expenses $1,500 $1,500 $1,500 $1,500 $1,500 $7,500
Rent $12,000 $12,000 $12,000 $24,000 $24,000 $84,000
Cleaning, Maintenance & Utilities $10,000 $10,000 $10,000 $10,000 $10,000 $50,000
Subcontractors and Consultants $50,000 $50,000 $50,000 $50,000 $50,000 $250,000
Legal & Accounting $5,000 $5,000 $5,000 $5,000 $5,000 $25,000
Officer Salary $40,000 $40,000 $80,000 $120,000 $120,000 $400,000
Staff Salary $50,000 $50,000 $50,000 $75,000 $75,000 $300,000
Employee Benefits $7,500 $10,000 $10,000 $12,500 $12,500 $52,500
Other Expenses $500 $1,000 $2,000 $2,500 $2,500 $8,500
Total Expenses $213,700 $266,700 $317,700 $412,700 $422,700 $1,633,500

Net Income (Loss) -$82,450 $33,300 $19,800 $149,800 $139,800 $260,250

Note: Cells in YELLOW are to be filled in

based on your estimates. Cells in BLUE
contain formulas that will calculate for you.