Sadie's

Pro Forma Income Statement

First Fiscal Year
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

74,162
13,087
87,250

85,192
15,034
100,226

86,128
15,199
101,328

88,611
15,637
104,248

91,045
16,067
107,112

98,756
17,427
116,183

73,682
13,003
86,685

74,654
13,174
87,828

913,061
161,128
1,074,189

85.0%
15.0%
100.0%

19,544
3,420
22,963

22,439
3,926
26,366

25,777
4,510
30,287

26,060
4,560
30,620

26,811
4,691
31,502

27,548
4,820
32,368

29,881
5,228
35,109

22,294
3,901
26,195

22,588
3,952
26,540

276,267
48,339
324,606

30.3%
30.0%
30.2%

48,967

53,027

60,884

69,939

70,708

72,745

74,744

81,074

60,490

61,287

749,583

69.8%

23,423
2,248
5,581
543
1,550
1,783
1,008
2,790
38,925

21,206
2,035
5,052
491
1,403
1,614
912
2,526
35,240

22,964
2,204
5,471
532
1,520
1,748
988
2,736
38,162

26,367
2,530
6,282
611
1,745
2,007
1,134
3,141
43,817

30,288
2,907
7,216
702
2,005
2,305
1,303
3,608
50,333

30,621
2,939
7,296
709
2,027
2,331
1,317
3,648
50,887

31,504
3,023
7,506
730
2,085
2,398
1,355
3,753
52,353

32,369
3,106
7,712
750
2,142
2,464
1,392
3,856
53,791

35,110
3,369
8,365
813
2,324
2,672
1,510
4,183
58,347

26,196
2,514
6,241
607
1,734
1,994
1,127
3,121
43,533

26,542
2,547
6,324
615
1,757
2,020
1,142
3,162
44,107

324,619.60
31,151
77,342
7,519
21,484
24,706
13,964
38,671
539,457

30.2%
2.9%
7.2%
0.7%
2.0%
2.3%
1.3%
3.6%
50.2%

11,670

15,162

13,726

14,865

17,067

19,606

19,821

20,392

20,952

22,727

16,957

17,180

210,126

19.6%

6,781

6,781

6,781

6,781

6,781

6,781

6,781

6,781

6,781

6,781

6,781

6,781

81,372

5.8%

IBITDA

4,889

8,381

6,945

8,084

10,286

12,825

13,040

13,611

14,171

15,946

10,176

10,399

128,753

12.0%

Interest
Income Tax
Depreciation

597
4,176
955

775
5,426
1,240

702
4,912
1,123

760
5,319
1,216

872
6,107
1,396

1,002
7,016
1,604

1,013
7,093
1,621

1,042
7,297
1,668

1,071
7,498
1,714

1,162
8,133
1,859

867
6,068
1,387

878
6,148
1,405

10,742
75,193
17,187

1.0%
7.0%
1.6%

Net Income

(838)

940

209

789

1,910

3,203

3,313

3,603

3,889

4,792

1,854

1,968

25,631

2.4%

Sales
Food
Beverage
Total Sales

50,712
8,949
59,661

65,882
11,626
77,508

59,646
10,526
70,172

64,592
11,399
75,990

Cost of Sales
Food
Beverage
Total Cost of Sales

15,344
2,685
18,029

19,934
3,488
23,422

18,047
3,158
21,205

Gross Profit
Operating Expenses
Salaries & Wages
Employee Benefits
Direct Operating Expenses
Music and Entertainment
Marketing
Utilities
Repairs & Maintenance
General & Administrative Expenses
Total Operating Expenses

41,632

54,086

18,029
1,730
4,296
418
1,193
1,372
776
2,148
29,962

Operating Profit
Rent and Other Occupation Costs

Nov

Dec

Total

Sadie's
Pro Forma Income Statement
Second Fiscal Year
Q1
Sales
Food
Beverage
Total Sales

$
$

Cost of Sales
Food
Beverage
Total Cost of Sales

$
$

Gross Profit

Operating Profit

239,820

$
$

47,294
$
$
$

$
$

89,371
15,637
105,008
242,485

$
$

47,820
$
$
$

$
$

90,353
15,809
106,162
245,150

$
$

48,345
$
$
$

$
$

90,353
15,809
106,162
245,150

$
$

$
$
$
$
$

85.0%
15.0%
100.0%

358,464
62,721
421,185

30.3%
30.0%
30.2%

972,604

69.8%

421,203
40,420
100,353
9,757
27,876
32,057
18,119
50,176
699,961

30.2%
2.9%
7.2%
0.7%
2.0%
2.3%
1.3%
3.6%
50.2%

272,644

19.6%

80,840

5.8%

$
$
$
$
$
$
$
$
$
$

20,376

1,184,721
209,068
1,393,789

106,166
10,188
25,294
2,459
7,026
8,080
4,567
12,647
176,428
68,721

3,513
24,592
5,621
14,619

$
$

$
$
$
$
$
$
$
$

20,376

Total
298,615
52,697
351,311

106,166
10,188
25,294
2,459
7,026
8,080
4,567
12,647
176,428
68,721

3,475
24,324
5,560
14,460

$
$

$
$
$
$
$
$
$
$

20,155

Q4
298,615
52,697
351,311

105,012
10,077
25,019
2,432
6,950
7,992
4,517
12,510
174,511
67,974

3,437
24,057
5,499
14,301

$
$

$
$
$
$
$
$
$
$

19,933

Q3
295,369
52,124
347,493

103,858
9,967
24,745
2,406
6,873
7,905
4,468
12,372
172,593
67,227

Interest
Income Tax
Depreciation
Net Income

$
$

88,388
15,465
103,854

$
$
$
$
$
$
$
$

Rent and Other Occupation Costs

IBITDA

$
$

292,123
51,551
343,674

Operating Expenses
Salaries & Wages
Employee Benefits
Direct Operating Expenses
Music and Entertainment
Marketing
Utilities
Repairs & Maintenance
General & Administrative Expenses
Total Operating Expenses

Q2

48,345

191,804

13.8%

3,513
24,592
5,621

$
$
$

13,938
97,565
22,301

1.0%
7.0%
1.6%

14,619

58,000

4.2%