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Boston to open a pizza and sub shop. The store size is 1,200 square feet and it requires about $100 per square foot in
Boston to open a pizza and sub shop. The store size is 1,200 square feet and it requires about $100 per square foot in renovation, fixtures and equipment (balance sheet item not an income statement item). The rent for the said location is $69,000 per year. Jerry is planning to be open 7 days a week 15 hours per day. Jerry projects the store sales per day to be $2,350 (7 days a week 52 weeks a year). In addition, Jerry is counting on having 3 employees at all time in the store at an average pay of $15.15 per hour. Jerry has contacted you to help him to determine the following on an annual basis C Jerry has supplied you with the following information: * ** "middle of the month is week 3 **end of the month is week 4 In addition Jerry has asked you to forecast the store's cash flow for 5 weeks average. The beginning cash is $6,000.
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