BUSINESS PLAN (INCOME STATEMENT - YEAR 1):
-Revenue - $5,137,200
-COGS - $1,165,390 (23% of sales)
-Labor - $2,348,366 (47% of sales)
-Controllable Expenses - $581,531 (11% of sales)
-Non-controllable Expenses - $231,174 (5% of sales)
-Occupancy - $275,647 (5% of sales)
-EBITDA - $464,457 (10% of sales)
The team is looking to raise $2.3 million for the development of the concept.
The Class A Members will be issued as a group twenty five percent (25%) of the total outstanding percentage Membership Interests in the Company; and each Class A Member’s percentage Membership Interest in the Company shall be the amount, determined on percentages, by which such Class A Member’s subscription bears to one hundred percent (100%) of aggregate subscriptions of all of the Class A Members.
Investors will receive 75% of all annual distributions until they have been fully repaid. After Investors are fully repaid, they will receive 25% of all annual distributions. Based on our revenue projections as above, payback period is under 5 years.
The table below shows return on an initial investment of $25,000.