INGRESOS

MES 1 2 3 4 5
Monster 180 216 259 310 372
Redbull 180 216 259 310 372
Precio Monster 16990 16990 16990 16990 16990
Precio Redbull 6990 6990 6990 6990 6990
TOTAL 4,316,400 5,179,680 6,210,820 7,433,800 8,920,560

AÑO 1 2
Ingresos por venta 118,916,820 124,862,661
Costo de producción 59,458,410 62,431,331
Comisión de entregas 21,405,028 22,475,279
80,863,438 84,906,609
3 4 5
131,105,794 137,661,084 144,544,138
65,552,897 68,830,542 72,272,069
23,599,043 24,778,995 26,017,945
89,151,940 93,609,537 98,290,014

Gastos fijos Mensual AÑO 1 AÑO 2 AÑO 3 AÑO 4

Arriendo 444,000
Gasto común arriendo 74,000
Sueldos 1,500,000
Gastos generales 250,000
TOTAL 2,268,000 27,216,000 27,216,000 27,216,000 27,216,000

DEPRECIACIONE
INVERSIONES Costo Vida útil Cuota depreciaci 1 2
Equipos gastronómicos 5,000,000 5 1,000,000 1,000,000 1,000,000

GASTO DE PUESTA EN Costo Vida útil Cuota amortizaci 1 2

Mejoras 1,000,000 5 200,000 200,000 200,000
Gastos de organización 500,000 5 100,000 100,000 100,000
1,500,000 300,000 300,000

CAPITAL DE TRABAJO 1,777,792 1.49%

MES 1 2 3 4 5
Ingresos 4,316,400 5,179,680 6,210,820 7,433,800 8,920,560
Egresos
Costos de producción 2,158,200 2,589,840 3,105,410 3,716,900 4,460,280
Comisión entrega 776,952 932,342 1,117,948 1,338,084 1,605,701
Sueldos 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Gastos generales 250000 250000 250000 250000 250000
Arriendo 444,000 444,000 444,000 444,000 444,000
Gastos común arriendo 74,000 74,000 74,000 74,000 74,000

SALDO -886,752 -610,502 -280,538 110,816 586,579

SALDO ACUMULADO -886,752 -1,497,254 -1,777,792 -1,666,976 -1,080,397

0 1 2 3 4
Capital de trabajo necesario 1,777,792 1,866,682 1,960,016 2,058,016
Inversión 1,777,792 88,890 93,334 98,001 102,901
Recuperación

FINANCIAMIENTO
Tasa 1.80% mensual
Plazo 48 meses
Monto 6,000,000
Cuota 187,736

PERIODO DEUDA INTERESES AMORTIZACION CUOTA

1 6,000,000 108,000 79,736 187,736
2 5,920,264 106,565 81,171 187,736
3 5,839,093 105,104 82,632 187,736
4 5,756,461 103,616 84,120 187,736
5 5,672,341 102,102 85,634 187,736
6 5,586,707 100,561 87,175 187,736
7 5,499,532 98,992 88,744 187,736
8 5,410,788 97,394 90,342 187,736
9 5,320,446 95,768 91,968 187,736
10 5,228,478 94,113 93,623 187,736
11 5,134,855 92,427 95,309 187,736
12 5,039,546 90,712 97,024 187,736
13 4,942,522 88,965 98,771 187,736
14 4,843,752 87,188 100,548 187,736
15 4,743,203 85,378 102,358 187,736
16 4,640,845 83,535 104,201 187,736
17 4,536,644 81,660 106,076 187,736
18 4,430,568 79,750 107,986 187,736
19 4,322,582 77,806 109,929 187,736
20 4,212,653 75,828 111,908 187,736
21 4,100,744 73,813 113,923 187,736
22 3,986,822 71,763 115,973 187,736
23 3,870,849 69,675 118,061 187,736
24 3,752,788 67,550 120,186 187,736
25 3,632,602 65,387 122,349 187,736
 26 3,510,253 63,185 124,551 187,736
27 3,385,702 60,943 126,793 187,736
28 3,258,909 58,660 129,076 187,736
29 3,129,833 56,337 131,399 187,736
30 2,998,434 53,972 133,764 187,736
31 2,864,670 51,564 136,172 187,736
32 2,728,498 49,113 138,623 187,736
33 2,589,875 46,618 141,118 187,736
34 2,448,757 44,078 143,658 187,736
35 2,305,099 41,492 146,244 187,736
36 2,158,855 38,859 148,877 187,736
37 2,009,978 36,180 151,556 187,736
38 1,858,422 33,452 154,284 187,736
39 1,704,137 30,674 157,061 187,736
40 1,547,076 27,847 159,889 187,736
41 1,387,187 24,969 162,767 187,736
42 1,224,421 22,040 165,696 187,736
43 1,058,725 19,057 168,679 187,736
44 890,046 16,021 171,715 187,736
45 718,331 12,930 174,806 187,736
46 543,525 9,783 177,952 187,736
47 365,572 6,580 181,156 187,736
48 184,416 3,319 184,416 187,736

1 2 3 4
INTERESES 1,195,353 942,911 630,207 242,853
AMORTIZACION 1,057,478 1,309,920 1,622,624 2,009,978

Tasa de descuento flujo financiado

Total inversión 8,277,792
Costo patrimonial 20%
Porción patrimonio 28%
Costos deuda 24%
Porción deuda 72%

WACC= 18%
 6 7 8 9 10 11 12 TOTAL AÑO 1
446 468 491 515 540 567 595
446 468 491 515 540 567 595
16990 16990 16990 16990 16990 16990 16990
6990 6990 6990 6990 6990 6990 6990
10,695,080 11,222,640 11,774,180 12,349,700 12,949,200 13,596,660 14,268,100 118,916,820

AÑO 5

27,216,000

DEPRECIACIONES Valor residual comercial

3 4 5
1,000,000 1,000,000 1,000,000 1,000,000

3 4 5
200,000 200,000 200,000
100,000 100,000 100,000
300,000 300,000 300,000

6 7 8 9 10 11 12
10,695,080 11,222,640 11,774,180 12,349,700 12,949,200 13,596,660 14,268,100

5,347,540 5,611,320 5,887,090 6,174,850 6,474,600 6,798,330 7,134,050

1,925,114 2,020,075 2,119,352 2,222,946 2,330,856 2,447,399 2,568,258
1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
250000 250000 250000 250000 250000 250000 250000
444,000 444,000 444,000 444,000 444,000 444,000 444,000
 74,000 74,000 74,000 74,000 74,000 74,000 74,000

1,154,426 1,323,245 1,499,738 1,683,904 1,875,744 2,082,931 2,297,792

74,029 1,397,274 2,897,011 4,580,915 6,456,659 8,539,590 10,837,382

5
2,160,917

2,160,917
 PROYECTO PURO
0 1 2 3
Ingresos por venta 118,916,820 124,862,661 131,105,794
Ingresos por valor residual

Costos variables 80,863,438 84,906,609 89,151,940

Costos fijos 27,216,000 27,216,000 27,216,000

Depreciación 1,000,000 1,000,000 1,000,000

Amortización 300,000 300,000 300,000

UAI 9,537,382 11,440,052 13,437,854

Impuestos 25% 2,384,346 2,860,013 3,359,464
UDI 7,153,037 8,580,039 10,078,391

Rec depreciación 1,000,000 1,000,000 1,000,000

Rec amortización 300,000 300,000 300,000

Inversiones tangibles 5,000,000

Inversiones intangibles 1,500,000

Capital de trabajo 1,777,792 88,890 93,334 98,001

Rec del capital de trabajo

FLUJO DE CAJA -8,277,792 8,364,147 9,786,705 11,280,390

VAN (20%)= 25,251,699

PROYECTO FINANCIADO
0 1 2 3
Ingresos por venta 118,916,820 124,862,661 131,105,794
Ingresos por valor residual

Costos variables 80,863,438 84,906,609 89,151,940

Costos fijos 27,216,000 27,216,000 27,216,000

Depreciación 1,000,000 1,000,000 1,000,000

Amortización 300,000 300,000 300,000
Intereses 1,195,353 942,911 630,207
UAI 8,342,029 10,497,140 12,807,647
Impuestos 25% 2,085,507 2,624,285 3,201,912
UDI 6,256,522 7,872,855 9,605,735

Rec depreciación 1,000,000 1,000,000 1,000,000

Rec amortización 300,000 300,000 300,000

Inversiones tangibles 5,000,000

Inversiones intangibles 1,500,000
Préstamo 6,000,000
Capital de trabajo 1,777,792 88,890 93,334 98,001
Rec del capital de trabajo
Amortización préstamo 1,057,478 1,309,920 1,622,624
FLUJO DE CAJA -2,277,792 6,410,154 7,769,601 9,185,110

VAN (18%)= 27,099,452

 4 5
137,661,084 144,544,138
1,000,000

93,609,537 98,290,014
27,216,000 27,216,000

1,000,000 1,000,000
300,000 300,000

15,535,547 18,738,124
3,883,887 4,684,531
11,651,660 14,053,593

1,000,000 1,000,000
300,000 300,000

102,901
2,160,917

12,848,759 17,514,510

4 5
137,661,084 144,544,138
1,000,000

93,609,537 98,290,014
27,216,000 27,216,000

1,000,000 1,000,000
300,000 300,000
242,853
15,292,694 18,738,124
3,823,173 4,684,531
11,469,520 14,053,593

1,000,000 1,000,000
300,000 300,000

102,901
2,160,917
2,009,978
10,656,641 17,514,510