I am doing a business financial plan for Entrepreneurship course and it is about opening a study lounge. It will contain:
1-Total start up cash needed:
2- expected sales: as I am selling coffee, desserts, and a service where people will rent rooms to be able to drink coffee and study on the same time.
The cafe will open 7 days a week/10 hours per day
the prices will be as follow:
***Required***
1- prepare the expected sales for year 1
2- when to reach the break-even point
3-balance sheet.
the quantity of coffee and desserts will be sold on average of 16,060 units/year ||||| for study room reservation: the room will be booked on average of 730 time/year. ||| meetings room will be booked 30 to 40 time/year
also, purchasing cups, hoodies etc.. will be on average = 45units/year
Expenses Rent Description Alsamhanya district for 150 sq./m Cost SAR 60,000 Vat Furniture And Decoration Equipment SAR 3,000/YEAR SAR 229,946 SAR 20,142.37 Software Designing, painting, lights, etc. Coffee machines, electrical appliance, etc. POS system, Accounting software, etc. Google Ads, Snapchat ads. SAR 30,013 Advertisement And SAR 16,533.6 Promotions Licenses And Permits SAR 21,000 Prepaid Insurance SAR 43,680 Salaries And Wages SAR 228,000 Commercial Registration, Zaka, Labor Office, visa etc.... 5 Saudi managers 1 Saudi employees 2 Non-Saudi Employees 5 Saudi managers* SAR 3,000 1 Saudi employee *SAR 2,000 2 Non-Saudi employees * SAR 1,000 Coffee beans, Consumable goods, etc. Supplies SAR 40,900 Total Startup Costa SAR 703,214.97 Item HOT DRINKS: Espresso Dripped Cortado Cappuccino Flat white Latte Special latte COLD DRINKS: Iced dripped Iced latte Iced Special latte DESSERTS: Cheesecake Brownies Cookies Lemon cake BAKERY: Cheese, Chocolate croissant Sandwich Item Price Renting a study room 20 Renting meeting room 50 800 Renting space for private workshops Buying hoodies 150 T-shirts 100 Cups 50 Mugs | 70 Expenses Rent Description Alsamhanya district for 150 sq./m Cost SAR 60,000 Vat Furniture And Decoration Equipment SAR 3,000/YEAR SAR 229,946 SAR 20,142.37 Software Designing, painting, lights, etc. Coffee machines, electrical appliance, etc. POS system, Accounting software, etc. Google Ads, Snapchat ads. SAR 30,013 Advertisement And SAR 16,533.6 Promotions Licenses And Permits SAR 21,000 Prepaid Insurance SAR 43,680 Salaries And Wages SAR 228,000 Commercial Registration, Zaka, Labor Office, visa etc.... 5 Saudi managers 1 Saudi employees 2 Non-Saudi Employees 5 Saudi managers* SAR 3,000 1 Saudi employee *SAR 2,000 2 Non-Saudi employees * SAR 1,000 Coffee beans, Consumable goods, etc. Supplies SAR 40,900 Total Startup Costa SAR 703,214.97 Item HOT DRINKS: Espresso Dripped Cortado Cappuccino Flat white Latte Special latte COLD DRINKS: Iced dripped Iced latte Iced Special latte DESSERTS: Cheesecake Brownies Cookies Lemon cake BAKERY: Cheese, Chocolate croissant Sandwich Item Price Renting a study room 20 Renting meeting room 50 800 Renting space for private workshops Buying hoodies 150 T-shirts 100 Cups 50 Mugs | 70
