Zen Milk Tea Shop

Total Project Cost

For the year 2021

Non-Current Assets
Equipment 582,800
Leasehold Improvement 150,000
Total 732,800

Pre-Operating Expenses
Feasibility Cost 5,000
Permits and Licenses 5,000
Advertising Expense 5,000
Total 15,000

Working Capital
Cash 1,400,000
Prepaid Rent 4,000
Total 1,404,000

Total Cost 2,151,800

Project Cost 2,151,800

Divided by Number of Partners 8
Partners' Contribution 268975
 Year 2021

Revenue 1115000 1000UNITS

Less:
Cost of Goods Sold 468000
Gross Profit 647000
Less Expenses:
Salaries 180000
Utilities 60000
Depreciation Expense 60000
Interest Expense 60000
Supplies Expense 120000
Rent Expense 96000
Tax Expense 20000
Overhead Cost 6000
Licenses and Permits 4500
Advertising Expense 1000
Total Expenses 607500
Pre-tax Profit 39500
Less: Tax 11850
Profit 27650
 Zen Milk Tea Shop
Income Statement
For the year 2021-2025

Year 2022 Year 2023

1282250 1150 UNITS 1474587.5 1323 UNITS

486720 506188.8
795530 968398.7

187200 194688
62400 64896
62400 64896
62400 64896
124800 129792
99840 103833.6
20800 21632
6240 6489.6
4680 4867.2
1040 1081.6
631800 657072
163730 311326.7
49119 93398.01
114611 217928.69
Year 2024 Year 2025

1695775.625 1521 UNITS 1950141.96875 1749UNITS

526436.352 547493.80608
1169339.273 1402648.16267

202475.52 210574.5408
67491.84 70191.5136
67491.84 70191.5136
67491.84 70191.5136
134983.68 140383.0272
107986.944 112306.42176
22497.28 23397.1712
6749.184 7019.15136
5061.888 5264.36352
1124.864 1169.85856
683354.88 710689.0752
485984.393 691959.08747
145795.3179 207587.726241
340189.0751 484371.361229