Question
THOUGHTS ON THIS BUSINESS PLAN?? LOOK AT THE NUMBERS, FIXED COST AND VARIABLE COST AND BREAKEVEN Business Plan The French Fry Truck 2022 Top Three
THOUGHTS ON THIS BUSINESS PLAN?? LOOK AT THE NUMBERS, FIXED COST AND VARIABLE COST AND BREAKEVEN
Business Plan
The French Fry Truck
2022
Top Three Focus Areas:
- Purchase a french fry truck, supplies and prep for opening
- Purchase truck
- Set truck up to include electrical, gas and construction
- Complete inspections
- purchase supplies
- Purchase insurance
- Set up gas account
- Rent our Fair spaces for 12 months
- Reach out to fairs in Maine for the summer
- Reach out to fairs in Flordia in the winter
- Secure at least 48 weeks
- Hire staff
- Hire full time seasonal staff for Maine
- Hire full time seasonal staff for Florida
- Create an Income Statment for 12 months with Breakeven amount
Fixed annual Cost:
Truck: 55,000
Inspections: $2,000
Addional worker ( Electrical, gas and construction): $10,000
Insurance: $14,400
Rental Spaces: $48,000
Fixed: $129,400 for the first year
Variable costs:
Supplies ( ex: potatoes, seasoning and plastic wear) : $4.50 per order
Labor: $18 per hour x 40 hours per week x 48 weeks= 34,560
Gas: $10,000
Selling each unit for: $12
Income Statement Approach:
Sales revenue:
$12 per box x 70 per day x 336 days= $282,240
Less: Variable Cost:
$105,840 ( cost to make and supplies )
$34,560 ( Employee cost )
$10,000 ( gas )
Total Variable:
$150,400
Less Fixed Expense:
$129,400
Total Profit: $2440
We have to sell a minimum of 70 per day for 336 days to break even ( just over even )
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started