COST FOR ONE MONTH OF OPERATIONS Kitchen and Bar Equipment 1,357,180.10 Other Café and Kitchen Equipment 12,251.45 Security and Emergency Equipment 1,572,042.07 Furnitures and Fixtures 828,385.00 Kitchen Tools and Supplies 428,056.06 Chinaware 489,036.00 Glassware 89,007.50 Café Tools and Supplies 35,032.10 Dining Tools 1,610.00 Food Cost 1,231,194.00 Office Supplies 19,342.55 Personnel Uniform 51,000.00 Salaries Expense 415,000.00 Rent Expense 360,000.00 Advertising Expense 218,056.00 Taxes and Licenses 65,015.00 TOTAL 7,172,207.83 128
INITIAL CAPITAL REQUIREMENTS
NAME OF PARTNER FORM OF SHARE CAPITAL Kenneth Sherwin Rivera Money 1,500,000.00 Bruce Tinaud Money 1,500,000.00 Glysdi Aquino Money 1,500,000.00 Jeniffer Pimentel Money 1,500,000.00 Jesse Vendiville Money 1,500,000.00 TOTAL 7,500,000.00 129
Hybrid Travel Café
Projected Income Statement For the year ended December 31, 2021 2022 2023 2024 2025 Net Sales 1,502,508.00 13,084,790.00 13,477,400.00 13,881,800.00 14,298,400.00 Less: Cost of Goods Sold 333,890.00 2,907,731.00 2,994,978.00 3,084,844.00 3,177,422.00 Gross Profit 1,168,618.00 10,177,059.00 10,482,422.00 10,796,956.00 11,120,978.00 Less: Operating Expenses Depreciation Expenses 398,320.00 952,519.00 952,519.00 952,519.00 952,519.00 Salaries 166,400.00 4,975,800.00 4,975,800.00 4,975,800.00 4,975,800.00 Uniform Expense 51,000.00 - - - - Taxes and Licenses 65,015.00 - - - - Advertising Expense 3,634.00 43,611.00 43,611.00 43,611.00 43,611.00 Supplies Expense 8,216.00 9,038.00 9,941.00 10,935.00 12,029.00 Rent Expense 360,000.00 360,000.00 360,000.00 360,000.00 360,000.00 Utilities Expense 20,000.00 21,000.00 22,050.00 23,152.00 24,310.00 Net Operating Profit 96,033.00 3,815,091.00 4,118,501.00 4,430,939.00 4,752,709.00 1,425,812.70 Less: Income Tax 28,809.90 1,144,527.30 1,235,550.30 1,329,281.70 Net Income 67,223.10 2,670,563.70 2,882,950.70 3,101,657.30 3,326,896.30 130
Hybrid Travel Café
Projected Cash Flow Statement For the year ended December 31, 2021 2022 2023 2024 2025 Cash Flow From Operating Activities
Net Income 67,223.10 2,670,563.70 2,882,950.70 3,101,657.30 3,326,896.30
Add/(Deduct): (43,611.00) (43,611.00) (43,611.00) Increase in Supplies (3,634.00) (43,611.00)
Decrease in Accounts Payable (278,011.55) (8,590.56) (8,848.27) (9,113.72) (9,387.13)
Increase in Utilities Payable 20,000.00 1,000.00 2,050.00 3,152.00 4,310.00
Decrease in Income Tax Payable 14,404.95 557,858.70 45,511.50 46,865.70 48,265.50 398,320.00 952,519.00 952,519.00 952,519.00 Depreciation Expense 952,519.00 Net Cash Flow From Operating 218,302.50 4,129,739.84 3,830,571.93 4,051,469.28 4,278,992.67 Activities
Projected Partners' Equity Statement For the year ended December 31, 2021 2022 2023 2024 2025 Rivera Capital, beginning 1,500,000.00 1,510,755.70 1,938,045.89 2,399,318.00 3,019,649.46 Add: Share in Net Income 13,444.62 534,112.74 576,590.14 620,331.46 665,379.26 Total 1,513,444.62 2,044,868.44 2,514,636.03 2,399,318.00 3,685,028.72