THE BUSINESS PLAN

Description of the Business

The “CRISP WRAP” is a quick snack small business which consists of setting up the first
core of a franchised chain .It is innovative in its kind as it aims to steer a franchise from
Oman where franchises are usually imported from elsewhere.

The project is innovative because it stands out compared to the gastronomic offerings
available to the market. The “CRISP WRAP” indeed offers a first offer dietary and
especially that combines traditional local cooking and standards of international cuisine.

The diet is located heart of the design of our recipes and menus. This is a deliberate
attempt to provide healthy food and beneficial to health. Therefore, all the dishes are
homemade recipes.

The “CRISP WRAP” offers its customers ever more greedy moments. Friendliness,
authenticity and variety are the strong values of the business. There one will find a wide
selection of products and friendly service.

When people are on the go, their hunger doesn’t necessary obey their time schedule, in
high traffic areas, a quick snack can be just the thing to help a busy person satisfy his
hunger, quick snack can be simple as you like, offering small pack of wraps with a
stuffing of your choice .The wraps will be serves with a sauce of your choice and a fresh
drink.

The “CRISP WRAP” will satisfy both meat lover and vegan .The CRISP WRAP can
operate any place any time and easy to pick and eat for all.

The “CRISP WRAP” offers a short range of products, consisting of the best sellers of
gastronomy. This concept allows finding a warm space marked by a genuine and friendly
atmosphere of the Area, The opening times vary from classic restaurant.

The key to success is making a clean and friendly place in which easy for pick and go
Our main priority is to establish our location in attract area where our client will enjoy a
drive thru or can sit in en enjoy a quick snack.

This plan is prepared to obtain a license to operate on a mobile snack bar for the initial
launch of this concept. Additional financing will need to be secured for two more area
anticipated in the next 3 years.
In addition to the capital contribution from the owner of the business, will allow the
“CRISP WRAP” to successfully open and expand though 5 years.
The initial capital will allow “CRISP WRAP” to provide its customers with high quality
snack

1.1 Objectives
 To establish a presence as a successful local quick-snack franchise in Muscat
area
 To make The “CRISP WRAP” a destination for all busy worker and students
 To expand the number of The “CRISP WRAP” within Oman within 3 years
 To expand the franchise in Mena region (UAE, Bahrain, Qatar, Kuwait,
Bahrain….)

1.2 Our Mission

Our main goal is to be one of the most successful quick-snack franchises with the Mena
region. The “CRISP WRAP” will strive to be premier local snack brand in the local
market place.

1.3 Keys to success

 Create a unique, entertaining, affordable menu that will differentiate us from the
rest of the competition
 Control cost all times, in all area and implement growth policy
 Sell product that are of the highest quality as well keep the customer happy with all
of our product categories
 Encourage the two most important values in a food business, the brand and the
image

1.4.Company summary

The “Crisp Wrap” sells 5 types of products at the start, with a plan for most varieties in
the future.
We use the concept of, drive through international brand fines where the product will be
served with side sauces of choice from mild to hot.

1.5.Surroundings

We will imitate successful snack bar in around the world such as and ……. which
represent the majority of our core target market. As this is a unique in Oman

1.6.Quality food

“Crisp Wrap” will offer nothing but freshly products and variety of unique blend sauces,
all served with old-fashioned home-style care package
1.7.Open everyday open everyday from 7: 00 A.M. to 12 PM
4 P.M. to 11 P.M. in various areas in Muscat

1.8.Variety, variety, variety

Our menu will be featured six to twelve months and we will also change our drinks

1.9.Company Ownership

“CRISP WRAP” is a privately held company. It will be registered as a Limited company,

with ownership 100% .

2.0.Start-up Summary

“CRISP WRAP” will be rented at one of the target location. Our preference is Space
…… for the main reason of reaching larger number of tourist and family with an excellent
view of Muscat and near the majority of Omani workers.

Startup requirements will be financed through owner investments.

START-UP REQUIREMENTS IN LCY

Start-up Expenses
Kitchen and Fixtures OMR
Furniture and Interior OMR
Legal OMR
Rent OMR
Packaging and OMR
Stationary
Contingencies OMR
TOTAL START-UP OMR
EXPENSES
Start-up Assets
Cash Required OMR
Other Current Assets OMR
Long-term Assets OMR
TOTAL ASSETS OMR
Total Requirements OMR

2.3 Company Locations and Facilities

“CRISP WRAP” locations will range in size from 100– 150 meter square and will seat
from 25 – 50 guests. Our first location will be on the larger end of this range. We will
equip the mobile snack bar and aim for cleanliness and an open feeling. We are currently
looking at several possible sites within Muscat Area

3.1 Product Description

“CRISP WRAP” will primarily sell snack and several of drinks. Main products sold are:
Year one by Month Income Projection
In OMR % of
Total
Jan 17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep -17 Oct-17 Nov-17 Dec-17 Year 1 Sales
Sales
Food $65,550 $65,550 $65,550 $65,550 $65,550 $65,550 $65,550 $65,550 $65,55 $65,55 $65,550 $65,550 $786,60 87.93%
0 0 0
Beverage $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $9,000 $108,00 12.07%
0
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0.00%
Total Sales $74,550 $74,550 $74,550 $74,550 $74,550 $74,550 $74,550 $74,550 $74,55 $74,55 $74,550 $74,550 $894,60 100.00%
0 0 0

Cost of Sales
Food $16,388 $16,388 $16,388 $16,388 $16,388 $16,388 $16,388 $16,388 $16,38 $16,38 $16,388 $16,388 $196,65 21.98%
8 8 0
Beverage $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $2,070 $24,840 2.78%
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0.00%
Total Cost of $18,458 $18,458 $18,458 $18,458 $18,458 $18,458 $18,458 $18,458 $18,45 $18,45 $18,458 $18,458 $221,49 24.76%
Goods Sold 8 8 0
% of Total 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76% 24.76%
Sales

Gross Profit $56,093 $56,093 $56,093 $56,093 $56,093 $56,093 $56,093 $56,093 $56,09 $56,09 $56,093 $56,093 $673,11 75.24%
3 3 0
% of Total 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24% 75.24%
Sales

Operating
Expenses
Operating $49,135 $49,125 $49,115 $49,105 $49,095 $49,085 $49,075 $49,064 $49,05 $49,04 $49,033 $49,023 $588,95 65.83%
Expenses 4 4 2
(without
Depreciation)
Depreciation $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $2,619 $31,428 3.51%
Total $51,754 $51,744 $51,734 $51,724 $51,714 $51,704 $51,694 $51,683 $51,67 $51,66 $51,652 $51,642 $620,38 69.35%
Operating 3 3 0
Expenses
% of Total 69.42% 69.41% 69.39% 69.38% 69.37% 69.35% 69.34% 69.33% 69.31% 69.30% 69.29% 69.27% 69.35%
Sales

Total $70,211 $70,201 $70,191 $70,181 $70,171 $70,161 $70,151 $70,141 $70,13 $70,12 $70,110 $70,099 $841,87 94.11%
Expenses 1 0 0
% of Total 94.18% 94.17% 94.15% 94.14% 94.13% 94.11% 94.10% 94.09% 94.07% 94.06% 94.04% 94.03% 94.11%
Sales

Income From $4,339 $4,349 $4,359 $4,369 $4,379 $4,389 $4,399 $4,409 $4,419 $4,430 $4,440 $4,451 $52,730 5.89%
Operations
% of Total 5.82% 5.83% 5.85% 5.86% 5.87% 5.89% 5.90% 5.91% 5.93% 5.94% 5.96% 5.97% 5.89%
Sales

Taxes on $1,215 $1,218 $1,220 $1,223 $1,226 $1,229 $1,232 $1,234 $1,237 $1,240 $1,243 $1,247 $14,764 1.65%
Income
% of Total 1.63% 1.63% 1.64% 1.64% 1.64% 1.65% 1.65% 1.66% 1.66% 1.66% 1.67% 1.67% 1.65%
Sales

Net Income $3,124 $3,131 $3,139 $3,146 $3,153 $3,160 $3,167 $3,175 $3,182 $3,190 $3,197 $3,204 $37,966 4.24%
After Taxes
% of Total 4.19% 4.20% 4.21% 4.22% 4.23% 4.24% 4.25% 4.26% 4.27% 4.28% 4.29% 4.30% 4.24%
Sales
Gourmet Tonight
Year Three by Month Income Projection
% of
Total
Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May Jul- Aug- Year Sales
06 06 06 06 06 07 07 07 07 -07 07 07 3
Sales
Food $78,6 $78,6 $78, $78,6 $78,6 $78,6 $78, $78,6 $78,6 $78,6 $78,6
$78, $943,9 87.93
60 60 660 60 60 60 660 60 60 60 60
660 20 %
Beverage $10,8 $10,8 $10, $10,8 $10,8 $10,8 $10, $10,8 $10,8 $10,8 $10,8
$10, $129,6 12.07
00 00 800 00 00 00 800 00 00 00 00
800 00 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 0.00
%
Total Sales $89,4 $89,4 $89, $89,4 $89,4 $89,4 $89, $89,4 $89,4 $89,4 $89,4 $89, $1,073 100.0
60 60 460 60 60 60 460 60 60 60 60 460 ,520 0%

Cost of Sales
Food $19,6 $19,6 $19, $19,6 $19,6 $19,6 $19, $19,6 $19,6 $19,6 $19,6 $19, $235,9 21.98
65 65 665 65 65 65 665 65 65 65 65 665 80 %
Beverage $2,48 $2,48 $2,4 $2,48 $2,48 $2,48 $2,4 $2,48 $2,48 $2,48 $2,48 $2,4 $29,80 2.78
4 4 84 4 4 4 84 4 4 4 4 84 8 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0.00
%
Total Cost of $22,1 $22,1 $22, $22,1 $22,1 $22,1 $22, $22,1 $22,1 $22,1 $22,1 $22, $265,7 24.76
Goods Sold 49 49 149 49 49 49 149 49 49 49 49 149 88 %
% of Total Sales 24.76 24.76 24.7 24.76 24.76 24.76 24.7 24.76 24.76 24.76 24.76 24.7 24.76
% % 6% % % % 6% % % % % 6% %

Gross Profit $67,3 $67,3 $67, $67,3 $67,3 $67,3 $67, $67,3 $67,3 $67,3 $67,3 $67, $807,7 75.24
11 11 311 11 11 11 311 11 11 11 11 311 32 %
% of Total Sales 75.24 75.24 75.2 75.24 75.24 75.24 75.2 75.24 75.24 75.24 75.24 75.2 75.24
% % 4% % % % 4% % % % % 4% %

Operating
Expenses
Operating $51,1 $51,1 $51, $51,1 $51,1 $51,1 $51, $51,1 $51,1 $51,0 $51,0 $51, $613,6 57.16
Expenses (without 98 87 176 65 54 43 132 21 10 98 87 075 48 %
Depreciation)
Depreciation $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,61 $2,6 $31,42 2.93
9 9 19 9 9 9 19 9 9 9 9 19 8 %
Total Operating $53,8 $53,8 $53, $53,7 $53,7 $53,7 $53, $53,7 $53,7 $53,7 $53,7 $53, $645,0 60.09
Expenses 17 06 795 84 73 62 751 40 29 17 06 694 76 %
% of Total Sales 60.16 60.15 60.1 60.12 60.11 60.10 60.0 60.07 60.06 60.05 60.03 60.0 60.09
% % 3% % % % 8% % % % % 2% %

Total Expenses $75,9 $75,9 $75, $75,9 $75,9 $75,9 $75, $75,8 $75,8 $75,8 $75,8 $75, $910,8 84.85
 66 55 944 33 22 11 900 89 78 66 55 843 64 %
% of Total Sales 84.92 84.90 84.8 84.88 84.87 84.86 84.8 84.83 84.82 84.80 84.79 84.7 84.85
% % 9% % % % 4% % % % % 8% %

Income From $13,4 $13,5 $13, $13,5 $13,5 $13,5 $13, $13,5 $13,5 $13,5 $13,6 $13, $162,6 15.15
Operations 94 05 516 27 38 49 560 71 82 94 05 617 56 %
% of Total Sales 15.08 15.10 15.1 15.12 15.13 15.14 15.1 15.17 15.18 15.20 15.21 15.2 15.15
% % 1% % % % 6% % % % % 2% %

Taxes on Income $4,85 $4,86 $4,8 $4,87 $4,87 $4,87 $4,8 $4,88 $4,89 $4,89 $4,89 $4,9 $58,55 5.45
8 2 66 0 4 7 81 6 0 4 8 00 6 %
% of Total Sales 5.43 5.43 5.44 5.44 5.45 5.45 5.46 5.46 5.47 5.47 5.48 5.48 5.45%
% % % % % % % % % % % %

Net Income After $8,63 $8,64 $8,6 $8,65 $8,66 $8,67 $8,6 $8,68 $8,69 $8,70 $8,70 $8,7 $104,1 9.70
Taxes 6 3 50 7 4 2 79 5 2 0 7 17 00 %
% of Total Sales 9.65 9.66 9.67 9.68 9.68 9.69 9.70 9.71 9.72 9.73 9.73 9.74 9.70%
% % % % % % % % % % % %
Gourmet Tonight
Year Four by Month Income Projection
% of
Total
Aug- Sep- Oct- Nov- Dec- Jan- Mar- Apr- May Jun- Jul- Aug- Year Sales
07 07 07 07 07 08 08 08 -08 08 08 08 4
Sales
Food $90,7 $90,7 $90, $90,7 $90,7 $90,7 $90, $90,7 $90,7 $90,7 $90,7
$90, $1,089 88.78
95 95 795 95 95 95 795 95 95 95 95
795 ,540 %
Beverage $11,4 $11,4 $11, $11,4 $11,4 $11,4 $11, $11,4 $11,4 $11,4 $11,4
$11, $137,7 11.22
75 75 475 75 75 75 475 75 75 75 75
475 00 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0$0 $0 0.00
%
Total Sales $102, $102, $102 $102, $102, $102, $102 $102, $102, $102, $102, $102 $1,227 100.0
270 270 ,270 270 270 270 ,270 270 270 270 270 ,270 ,240 0%

Cost of Sales
Food $22,6 $22,6 $22, $22,6 $22,6 $22,6 $22, $22,6 $22,6 $22,6 $22,6 $22, $272,3 22.19
99 99 699 99 99 99 699 99 99 99 99 699 85 %
Beverage $2,63 $2,63 $2,6 $2,63 $2,63 $2,63 $2,6 $2,63 $2,63 $2,63 $2,63 $2,6 $31,67 2.58
9 9 39 9 9 9 39 9 9 9 9 39 1 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0.00
%
Total Cost of $25,3 $25,3 $25, $25,3 $25,3 $25,3 $25, $25,3 $25,3 $25,3 $25,3 $25, $304,0 24.78
Goods Sold 38 38 338 38 38 38 338 38 38 38 38 338 56 %
% of Total Sales 24.78 24.78 24.7 24.78 24.78 24.78 24.7 24.78 24.78 24.78 24.78 24.7 24.78
% % 8% % % % 8% % % % % 8% %

Gross Profit $76,9 $76,9 $76, $76,9 $76,9 $76,9 $76, $76,9 $76,9 $76,9 $76,9 $76, $923,1 75.22
32 32 932 32 32 32 932 32 32 32 32 932 84 %
% of Total Sales 75.22 75.22 75.2 75.22 75.22 75.22 75.2 75.22 75.22 75.22 75.22 75.2 75.22
% % 2% % % % 2% % % % % 2% %

Operating
Expenses
Operating $53,3 $53,3 $53, $53,2 $53,2 $53,2 $53, $53,2 $53,2 $53,2 $53,1 $53, $639,0 52.07
Expenses (without 17 06 294 82 70 58 246 34 21 09 96 184 17 %
Depreciation)
Depreciation $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,61 $2,6 $31,42 2.56
9 9 19 9 9 9 19 9 9 9 9 19 8 %
Total Operating $55,9 $55,9 $55, $55,9 $55,8 $55,8 $55, $55,8 $55,8 $55,8 $55,8 $55, $670,4 54.63
Expenses 36 25 913 01 89 77 865 53 40 28 15 803 45 %
% of Total Sales 54.69 54.68 54.6 54.66 54.65 54.64 54.6 54.61 54.60 54.59 54.58 54.5 54.63
% % 7% % % % 2% % % % % 6% %

Total Expenses $81,2 $81,2 $81, $81,2 $81,2 $81,2 $81, $81,1 $81,1 $81,1 $81,1 $81, $974,5 79.41
 74 63 251 39 27 15 203 91 78 66 53 141 01 %
% of Total Sales 79.47 79.46 79.4 79.44 79.42 79.41 79.4 79.39 79.38 79.36 79.35 79.3 79.41
% % 5% % % % 0% % % % % 4% %

Income From $20,9 $21,0 $21, $21,0 $21,0 $21,0 $21, $21,0 $21,0 $21,1 $21,1 $21, $252,7 20.59
Operations 96 07 019 31 43 55 067 79 92 04 17 129 39 %
% of Total Sales 20.53 20.54 20.5 20.56 20.58 20.59 20.6 20.61 20.62 20.64 20.65 20.6 20.59
% % 5% % % % 0% % % % % 6% %

Taxes on Income $7,55 $7,56 $7,5 $7,57 $7,57 $7,58 $7,5 $7,58 $7,59 $7,59 $7,60 $7,6 $90,98 7.41
8 3 67 1 5 0 84 9 3 7 2 07 6 %
% of Total Sales 7.39 7.40 7.40 7.40 7.41 7.41 7.42 7.42 7.42 7.43 7.43 7.44 7.41%
% % % % % % % % % % % %

Net Income After $13,4 $13,4 $13, $13,4 $13,4 $13,4 $13, $13,4 $13,4 $13,5 $13,5 $13, $161,7 13.18
Taxes 38 44 452 60 68 75 483 90 99 07 15 522 53 %
% of Total Sales 13.14 13.15 13.1 13.16 13.17 13.18 13.1 13.19 13.20 13.21 13.22 13.2 13.18
% % 5% % % % 8% % % % % 2% %
Gourmet Tonight
Year Five by Month Income Projection
% of
Total
Aug- Sep- Nov- Dec- Jan- Feb- Mar- Apr- May Jun- Jul- Aug- Year Sales
08 08 08 08 09 09 09 09 -09 09 09 09 5
Sales
Food $90,7 $90,7 $90, $90,7 $90,7 $90,7 $90, $90,7 $90,7 $90,7 $90,7
$90, $1,089 88.78
95 95 795 95 95 95 795 95 95 95 95
795 ,540 %
Beverage $11,4 $11,4 $11, $11,4 $11,4 $11,4 $11, $11,4 $11,4 $11,4 $11,4
$11, $137,7 11.22
75 75 475 75 75 75 475 75 75 75 75
475 00 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0$0 $0 0.00
%
Total Sales $102, $102, $102 $102, $102, $102, $102 $102, $102, $102, $102, $102 $1,227 100.0
270 270 ,270 270 270 270 ,270 270 270 270 270 ,270 ,240 0%

Cost of Sales
Food $22,6 $22,6 $22, $22,6 $22,6 $22,6 $22, $22,6 $22,6 $22,6 $22,6 $22, $272,3 22.19
99 99 699 99 99 99 699 99 99 99 99 699 85 %
Beverage $2,63 $2,63 $2,6 $2,63 $2,63 $2,63 $2,6 $2,63 $2,63 $2,63 $2,63 $2,6 $31,67 2.58
9 9 39 9 9 9 39 9 9 9 9 39 1 %
Merchandise $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0.00
%
Total Cost of $25,3 $25,3 $25, $25,3 $25,3 $25,3 $25, $25,3 $25,3 $25,3 $25,3 $25, $304,0 24.78
Goods Sold 38 38 338 38 38 38 338 38 38 38 38 338 56 %
% of Total Sales 24.78 24.78 24.7 24.78 24.78 24.78 24.7 24.78 24.78 24.78 24.78 24.7 24.78
% % 8% % % % 8% % % % % 8% %

Gross Profit $76,9 $76,9 $76, $76,9 $76,9 $76,9 $76, $76,9 $76,9 $76,9 $76,9 $76, $923,1 75.22
32 32 932 32 32 32 932 32 32 32 32 932 84 %
% of Total Sales 75.22 75.22 75.2 75.22 75.22 75.22 75.2 75.22 75.22 75.22 75.22 75.2 75.22
% % 2% % % % 2% % % % % 2% %

Operating
Expenses
Operating $55,3 $55,3 $55, $55,3 $55,2 $55,2 $55, $55,2 $55,2 $55,2 $55,2 $55, $663,2 54.04
Expenses (without 42 29 317 04 90 77 264 51 37 23 10 196 40 %
Depreciation)
Depreciation $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,6 $2,61 $2,61 $2,61 $2,61 $2,6 $31,42 2.56
9 9 19 9 9 9 19 9 9 9 9 19 8 %
Total Operating $57,9 $57,9 $57, $57,9 $57,9 $57,8 $57, $57,8 $57,8 $57,8 $57,8 $57, $694,6 56.60
Expenses 61 48 936 23 09 96 883 70 56 42 29 815 68 %
% of Total Sales 56.67 56.66 56.6 56.64 56.62 56.61 56.6 56.59 56.57 56.56 56.55 56.5 56.60
% % 5% % % % 0% % % % % 3% %

Total Expenses $83,2 $83,2 $83, $83,2 $83,2 $83,2 $83, $83,2 $83,1 $83,1 $83,1 $83, $998,7 81.38
 99 86 274 61 47 34 221 08 94 80 67 153 24 %
% of Total Sales 81.45 81.44 81.4 81.41 81.40 81.39 81.3 81.36 81.35 81.33 81.32 81.3 81.38
% % 3% % % % 7% % % % % 1% %

Income From $18,9 $18,9 $18, $19,0 $19,0 $19,0 $19, $19,0 $19,0 $19,0 $19,1 $19, $228,5 18.62
Operations 71 84 996 09 23 36 049 62 76 90 03 117 16 %
% of Total Sales 18.55 18.56 18.5 18.59 18.60 18.61 18.6 18.64 18.65 18.67 18.68 18.6 18.62
% % 7% % % % 3% % % % % 9% %

Taxes on Income $6,82 $6,83 $6,8 $6,84 $6,84 $6,85 $6,8 $6,86 $6,86 $6,87 $6,87 $6,8 $82,26 6.70
9 4 39 3 8 3 58 3 7 2 7 83 6 %
% of Total Sales 6.68 6.68 6.69 6.69 6.70 6.70 6.71 6.71 6.71 6.72 6.72 6.73 6.70%
% % % % % % % % % % % %

Net Income After $12,1 $12,1 $12, $12,1 $12,1 $12,1 $12, $12,1 $12,2 $12,2 $12,2 $12, $146,2 11.92
Taxes 42 50 157 66 75 83 191 99 09 18 26 234 50 %
% of Total Sales 11.87 11.88 11.8 11.90 11.90 11.91 11.9 11.93 11.94 11.95 11.95 11.9 11.92
% % 9% % % % 2% % % % % 6% %
Gourmet Tonight
Cash Flow Summary Years 1-5

For the Year Ending Jul-05 Jul-06 Jul-07 Jul-08 Jul-09

CASH FROM OPERATIONS

Food Revenues $629,280 $786,600 $943,920 $1,089,540 $1,089,540

Beverage Revenues $233,280 $108,000 $129,600 $137,700 $137,700
Merchandise Revenues $0 $0 $0 $0 $0

Total Revenues $862,560 $894,600 $1,073,520 $1,227,240 $1,227,240

Cash Available from Financing $0 $0 $0 $0

Sale of Stock/Owner’s
Investment $250,000 $0 $0 $0 $0
Mortgage $0 $0 $0 $0 $0
Change in Accounts Payable $66,107 $21,248 $9,568 $8,632 ($23,181)
Long-Term Loan Proceeds $100,000 $0 $0 $0 $0
Short-Term Loan Proceeds $0 $0 $0 $0 $0
Sale of Investments $0 $0 $0 $0 $0
Sale of Other Current Assets $0 $0 $0 $0 $0
Sale of Other Assets $0 $0 $0 $0 $0

CASH AVAILABLE FROM

FINANCING $406,107 $21,248 $9,568 $8,632 ($23,181)

Total Cash Available $1,268,667 $915,848 $1,083,088 $1,235,872 $1,204,059

CASH DISBURSEMENTS

COST OF GOODS SOLD

Food $157,320 $196,650 $235,980 $272,385 $272,385

Beverage $53,654 $24,840 $29,808 $31,671 $31,671
Merchandise $0 $0 $0 $0 $0

Total Cost of Goods Sold $210,974 $221,490 $265,788 $304,056 $304,056

Accounting/Payroll Processing $6,000 $6,300 $6,615 $6,946 $7,293

Administrative Salaries $82,992 $82,992 $82,992 $82,992 $82,992
Admin. Office Expenses $6,000 $6,300 $6,615 $6,946 $7,293
Advertising & Promotions $59,232 $62,194 $65,303 $68,568 $71,997
Bank Fees $1,200 $1,260 $1,323 $1,389 $1,459
Credit Card Expense $12,507 $12,972 $15,566 $17,795 $17,795
Insurance/Fire/Theft/Liability/
Liquor/Product $30,000 $31,500 $33,075 $34,729 $36,465
Exterminator $2,400 $2,520 $2,646 $2,778 $2,917
Legal Fees $2,400 $2,520 $2,646 $2,778 $2,917
Licenses and Permits $2,400 $2,520 $2,646 $2,778 $2,917
Royalty Fees $0 $0 $0 $0 $0
Payroll Staff $198,482 $208,406 $218,826 $229,768 $241,256
Professional Fees/Other $2,400 $2,520 $2,646 $2,778 $2,917
Paper Supplies $18,000 $18,900 $19,845 $20,837 $21,879
Lease Payment $24,000 $25,200 $26,460 $27,783 $29,172
Repairs and Maintenance $12,000 $12,600 $13,230 $13,892 $14,586
Trash Removal $18,000 $18,900 $19,845 $20,837 $21,879
Real Estate Taxes (CEMC) $0 $0 $0 $0 $0
Taxes Payroll/FICA $21,533 $22,292 $23,089 $23,926 $24,805
Taxes Payroll/FUTA $2,815 $2,914 $3,018 $3,128 $3,242
Taxes Payroll/SUTA $5,629 $5,828 $6,036 $6,255 $6,485
Telephone $9,600 $10,080 $10,584 $11,113 $11,669
Utilities $24,000 $25,200 $26,460 $27,783 $29,172
Workers’ Compensation $18,296 $18,941 $19,618 $20,329 $21,076

TOTAL OPERATING
EXPENSES $559,886 $582,858 $609,085 $636,129 $662,185

OTHER APPLICATIONS OF
CASH $0 $0 $0 $0
Land $0 $0 $0 $0 $0
Buildings $0 $0 $0 $0 $0
Leasehold Improvements $16,750 $0 $0 $0 $0
Restaurant Equipment $75,000 $0 $0 $0 $0
Furniture $8,250 $0 $0 $0 $0
Delivery Van/Automobile $0 $0 $0 $0 $0
Change in Inventory $1,734 $86 $365 $314 $0
Purchase of Other Current
Assets $8,525 $0 $0 $0 $0
Purchase of Other Assets $0 $0 $0 $0 $0
Purchase of Investments $0 $0 $0 $0 $0
Dividends Payable $0 $0 $0 $0 $0
$0
TOTAL OTHER
APPLICATIONS $110,259 $86 $365 $314 $0
$0 $0 $0 $0
TOTAL CASH-OUTLAY $881,119 $804,434 $875,238 $940,499 $966,241

BEGINNING MONTH CASH

BALANCE $250,000 $600,346 $674,580 $801,459 $983,427
ENDING MONTH CASH
BALANCE $637,548 $711,760 $882,430 $1,096,832 $1,221,245

PRINCIPAL AND INTEREST

PAYMENTS

Monthly Long-Term Debt

Payment $22,419 $22,419 $22,419 $22,419 $22,419
Monthly Mortgage Payment $0 $0 $0 $0 $0

Total Principal and Interest

Payments $22,419 $22,419 $22,419 $22,419 $22,419

BEGINNING MONTH CASH

BALANCE $250,000 $600,346 $674,580 $801,459 $983,427
ENDING MONTH CASH
BALANCE $615,124 $689,344 $860,015 $1,074,413 $1,198,830

INCOME TAXES $14,778 $14,764 $58,556 $90,986 $82,266

ENDING YEAR CASH

BALANCE AFTER TAXES $600,346 $674,580 $801,459 $983,427 $1,116,564
Operating Budget Summary Years 1-5
Gourmet Tonight

For the Year Ending Jul-05 Jul-06 Jul-07 Jul-08 Jul-09

Sales
Food $629,280 $786,600 $943,920 $1,089,540 $1,089,540
Beverage $233,280 $108,000 $129,600 $137,700 $137,700
Merchandise $0 $0 $0 $0 $0
Total Sales $862,560 $894,600 $1,073,520 $1,227,240 $1,227,240
4% 20% 14% 0%
Cost of Sales
Food $157,320 $196,650 $235,980 $272,385 $272,385
Beverage $53,654 $24,840 $29,808 $31,671 $31,671
Merchandise $0 $0 $0 $0 $0
Total Cost Of Sales $210,974 $221,490 $265,788 $304,056 $304,056
% of Total Sales 24.46% 24.76% 24.76% 24.78% 24.78%

Gross Profit $651,586 $673,110 $807,732 $923,184 $923,184

% of Total Sales 75.54% 75.24% 75.24% 75.22% 75.22%

Operating Expenses
Accounting/Payroll Processing $6,000 $6,300 $6,615 $6,946 $7,293
Administrative Salaries $82,992 $82,992 $82,992 $82,992 $82,992
Admin. Office Expenses $6,000 $6,300 $6,615 $6,946 $7,293
Advertising & Promotions $59,232 $62,194 $65,303 $68,568 $71,997
Bank Fees $1,200 $1,260 $1,323 $1,389 $1,459
Credit Card Expense $12,507 $12,972 $15,566 $17,795 $17,795
Loan Interest Expense $7,494 $6,094 $4,563 $2,888 $1,056
Principal Loan Payment $14,925 $16,325 $17,856 $2,888 $21,204
Insurance/Fire/Theft/Liability/
Liquor/Product $30,000 $31,500 $33,075 $34,729 $36,465
Exterminator $2,400 $2,520 $2,646 $2,778 $2,917
Legal Fees $2,400 $2,520 $2,646 $2,778 $2,917
Licenses and Permits $2,400 $2,520 $2,646 $2,778 $2,917
Royalty Fees $0 $0 $0 $0 $0
Payroll/Staff $198,482 $208,406 $218,826 $229,768 $241,256
Professional Fees/Other $2,400 $2,520 $2,646 $2,778 $2,917
Paper Supplies $18,000 $18,900 $19,845 $20,837 $21,879
Lease Payment $24,000 $25,200 $26,460 $27,783 $29,172
Repairs and Maintenance $12,000 $12,600 $13,230 $13,892 $14,586
Trash Removal $18,000 $18,900 $19,845 $20,837 $21,879
Real Estate Taxes (CEMC) $0 $0 $0 $0 $0
Taxes Payroll/FICA $21,533 $22,292 $23,089 $23,926 $24,805
Taxes Payroll/FUTA $2,815 $2,914 $3,018 $3,128 $3,242
Taxes Payroll/SUTA $5,629 $5,828 $6,036 $6,255 $6,485
Telephone $9,600 $10,080 $10,584 $11,113 $11,669
Utilities $24,000 $25,200 $26,460 $27,783 $29,172
Workers’ Compensation $18,296 $18,941 $19,618 $20,329 $21,076
Total Operating Expenses $582,305 $605,277 $631,505 $641,905 $684,445
% of Total Sales 67.51% 67.66% 58.83% 52.30% 55.77%

Total Expenses $793,279 $826,767 $897,293 $945,961 $988,501

% of Total Sales 91.97% 92.42% 83.58% 77.08% 80.55%

Net Profit Before Income

Taxes $69,281 $67,833 $176,227 $281,279 $238,739
% of Total Sales 8.03% 7.58% 16.42% 22.92% 19.45%

Taxes on Income $19,399 $18,993 $63,442 $109,699 $85,946

% of Total Sales 2.25% 2.12% 5.91% 8.94% 7.00%

Net Income After Taxes $49,882 $48,840 $112,785 $171,580 $152,793

% of Total Sales 5.78% 5.46% 10.51% 13.98% 12.45%
Income Statements Summary Years 1-5
Gourmet Tonight

Jul-05 Jul-06 Jul-07 Jul-08 Jul-09

Sales
Food $629,280 $786,600 $943,920 $1,089,540 $1,089,540
Beverage $233,280 $108,000 $129,600 $137,700 $137,700
Merchandise $0 $0 $0 $0 $0
Total Sales $862,560 $894,600 $1,073,520 $1,227,240 $1,227,240

Cost of Sales
Food $157,320 $196,650 $235,980 $272,385 $272,385
Beverage $53,654 $24,840 $29,808 $31,671 $31,671
Mechandise $0 $0 $0 $0 $0
Total Cost of Goods Sold $210,974 $221,490 $265,788 $304,056 $304,056
% of Total Sales 24.46% 24.76% 24.76% 24.78% 24.78%

Gross Profit $651,586 $673,110 $807,732 $923,184 $923,184

% of Total Sales 75.54% 75.24% 75.24% 75.22% 75.22%

Operating Expenses
Operating Expenses (without
Depreciation) $567,380 $588,952 $613,648 $639,017 $663,240
Depreciation $31,428 $31,428 $31,428 $31,428 $31,428
Total Operating Expenses $598,808 $620,380 $645,076 $670,445 $694,668
% of Total Sales 69.42% 69.35% 60.09% 54.63% 56.60%

Total Expenses $809,783 $841,870 $910,864 $974,501 $998,724

% of Total Sales 93.88% 94.11% 84.85% 79.41% 81.38%

Income From Operations $52,777 $52,730 $162,656 $252,739 $228,516

% of Total Sales 6.12% 5.89% 15.15% 20.59% 18.62%

Taxes on Income $14,778 $14,764 $58,556 $90,986 $82,266

% of Total Sales 1.71% 1.65% 5.45% 7.41% 6.70%

Net Income After Taxes $37,999 $37,966 $104,100 $161,753 $146,250

% of Total Sales 4.41% 4.24% 9.70% 13.18% 11.92%
EBITDA $91,700 $90,252 $198,647 $287,055 $260,999
% of Total Sales 10.63% 10.09% 18.50% 23.39% 21.27%
Balance Sheets Summary Years 1-5
Gourmet Tonight
For the Month Ending Jul-05 Jul-06 Jul-07 Jul-08 Jul-09
Assets

Current Assets
Cash $615,124 $689,344 $860,015 $1,074,413 $1,198,830
Investments $0 $0 $0 $0 $0
Inventory $1,734 $1,820 $2,185 $2,499 $2,499
Other Current Assets $8,525 $8,525 $8,525 $8,525 $8,525
Total Current Assets $625,383 $699,689 $870,725 $1,085,437 $1,209,854

Fixed Assets
Land $0 $0 $0 $0 $0
Buildings $0 $0 $0 $0 $0
Building/Leasehold
Improvements $16,750 $16,750 $16,750 $16,750 $16,750
Restaurant Equipment $155,000 $155,000 $155,000 $155,000 $155,000
Furniture $48,250 $48,250 $48,250 $48,250 $48,250
Delivery Van/Automobiles $0 $0 $0 $0 $0
Goodwill $0 $0 $0 $0 $0
Less Accumulated
Depreciation ($31,428) ($62,856) ($94,284) ($125,712) ($157,140)
Total Fixed Assets $188,572 $157,144 $125,716 $94,288 $62,860

Other Assets $0 $0 $0 $0 $0

Total Assets $813,955 $856,833 $996,441 $1,179,725 $1,272,714

Liabilities

Current Liabilities
Short-Term Debt $24,568 $24,568 $24,568 $24,568 $0
Accounts Payable $66,107 $87,355 $96,923 $105,555 $82,374
Notes Payable/Mortgage $0 $0 $0 $0 $0
Other Payables $5,000 $5,000 $5,000 $5,000 $5,000
Accrued Liabilities $0 $0 $0 $0 $0
Total Current Liabilities $95,675 $116,923 $126,491 $135,123 $87,374
Long-Term Debt $75,075 $58,751 $40,894 $21,363 $0

Total Liabilities $170,750 $175,674 $167,385 $156,486 $87,374

Owner’s/Stockholder Equity

Owner’s Equity Common

Stock $250,000 $250,000 $250,000 $250,000 $250,000
Retained Earnings $34,797 $72,765 $179,358 $331,702 $479,240
Earnings Distributed/
Dividends Paid $0 $0 $0 $0 $0

Total Owner’s Equity $288,001 $325,969 $433,471 $595,224 $741,474

Total Liabilities & Equity $813,955 $856,833 $996,441 $1,179,725 $1,272,714