Post on 22-Feb-2016
description
transcript
ALL SPORT REC CENTERBy: Jimmy Young
LOGO
ADVERTISING Hand out flyers at close by malls Give flyers to many people to hand out
in public Make t-shirts with my logo on them and
give them out for free Place flyers in stores and schools Have a billboard with our name,
location, and hours
ALL SPORT REC CENTERCOME HERE TO EXERCISE WHILE HAVING FUN~OPEN AT 6AM TO 8PM EVERYDAY ~LOCATED AT NORTHWAY MALL
PRODUCT & SERVICES Monthly memberships Cafeteria Many fields Courts Also a retail department from the
cafeteria
ALL SPORT REC CENTER Great place to exercise Play a variety of sports Enjoy food at the cafeteria Has locker rooms for your equipment
TARGET MARKET Ages 15- 30 White Males Middle to Upper Class
LAYOUT OF THE BUILDING
HOURS OPENED
From 6am to 10 Pm Open every day of the week
SPORTS TO PLAY Turf Fields: soccer, football, ultimate
Frisbee Basketball courts: basketball, dodge ball Volleyball Ping Pong
OTHER THING TO DO
Relax in the lounge room with friends Eat great food in the cafeteria
LOCATION Opening in old borders in Northway mall On McKnight road
JOB TITLES Cashiers: 7.25 an hour Maintenance Manager 10.00 an hour
Job Specification FormCompany: All Sport Rec Center Rate of Pay: $8.00-
$12.00Job Title: ManagerQualificationsEducation: High School DiplomaExperience: None RequiredTraining Required: Cooking Skills for Cafeteria, Counting MoneyJob RequirementsMajor Job Tasks: Cafeteria worker, Front desk, CashierSpecific Job Duties: CookNumber of Work Hours Per Week: Maximum- 40 hours Minimum- 20 hoursNormal Work Schedule: Daily- 5 hoursWeekly- 20-40 hoursEmployee Benefits Provided: Vacation: 3 Per Year
COMPETITORS Hampton Rec Center Shaler Soccer Club
WHY WE ARE THE BEST More Fields More Sports A place to hang out A cafeteria that make and serves food Best pricing around
All Sport Rec Center
Income Statement
For Month Ended
June July August September October November
Revenue from Sales $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00
Avg. New Customers per month 50
Avg. Purchase Price $ 40.00
Avg. Members per month 1500 $ 45,000.00 $ 45,000.00 $ 45,000.00 $ 45,000.00 $ 45,000.00 $ 45,000.00
Monthly Membership fee $ 30.00
Total revenue $ 47,000.00 $ 47,000.00 $ 47,000.00 $ 47,000.00 $ 47,000.00 $ 47,000.00
Cost of Goods from Sales $ 18,800.00 $ 18,800.00 $ 18,800.00 $ 18,800.00 $ 18,800.00 $ 18,800.00
Avg. Industry Markup 60%
Gross Profit $ 28,200.00 $ 28,200.00 $ 28,200.00 $ 28,200.00 $ 28,200.00 $ 28,200.00
Operating Expenses:
Owner's Yearly Salary $ 50,000.00 $ 4,166.67 $ 4,166.67 $ 4,166.67 $ 4,166.67 $ 4,166.67 $ 4,166.67
Wage Expense $ 7,520.00 $ 7,520.00 $ 7,520.00 $ 7,520.00 $ 7,520.00 $ 7,520.00
Rent Expense $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00
Advertising Expense $ 940.00 $ 940.00 $ 940.00 $ 940.00 $ 940.00 $ 940.00
Supplies Expense $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
Utilities Expense $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
Cell phone & Internet $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Insurance Expense $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00
Loan Payment $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00
Total Operating Expense $ 25,426.67 $ 25,426.67 $ 25,426.67 $ 25,426.67 $ 25,426.67 $ 25,426.67
Net Income $ 2,773.33 $ 2,773.33 $ 2,773.33 $ 2,773.33 $ 2,773.33 $ 2,773.33
Jimmy Young
Balance Sheet
4/25/2012
Assets Liabilities
Cash $500.00 Friends Pay $0.00
Acc Rec $0.00 Library Pay $0.00
Electronics $3,000.00
Sporting $500.00 Liabilities $0.00
Clothes $500.00
Total Assets $4,500.00 Total Net Worth $4,500.00
All Sport Rec Center
Equipment List
Note: List any Equipment needed for start-up
Required Equipment for Start Up Amount Total Resource
Technology
Computer(s) $ 6,000.00 amazon.com
Printer(s) $ 450.00 amazon.com
Phone(s) $ 200.00 amazon.com
Web Page $ - wix.com
Cash Register(s) $ 250.00 amazon.com
Total Technology Cost $ 6,900.00
Equipment
basketball hoops $ 3,000.00 dickssportinggoods.com
ping pong tables $ 1,200.00 dickssportinggoods.com
racket ball rackets $ 90.00 walmart.com
ping pong balls and paddles $ 100.00 walmart.com
Total Equipment Cost $ 4,390.00
Furniture & Fixtures
chairs $ 250.00 target.com
tables $ 200.00 amazon.com
couches $ 400.00 target.com
cushioned chairs $ 200.00 target.com
Total Furniture Cost $ 1,050.00
Other Assets
Total Cost of Other Assets $ -
TOTAL COST OF EQUIPMENT $ 12,340.00
All Sport Rec Center
Start Up Costs
Note: Required Start-up Funds for New Business
Required Start-Up Funds Amount Totals
Fixed Assets
Technology $ 6,900.00
Equipment $ 4,390.00
Furniture and Fixtures $ 1,050.00
Other Fixed Assets $ -
Total Fixed Assets $ 12,340.00
Start-up Costs (one-time)
Legal and Accounting Fees $ 1,000.00
Licenses $ 1,000.00
Rent Deposit $ 4,000.00
Utility Deposit $ 1,000.00
Other one-time costs $ 100.00
Total Start-up One-time Costs $ 7,100.00
TOTAL START-UP COSTS $ 19,440.00
Note: Copy from Income Statement
Operating Expenses One-Month
Cost of Goods Sold $ 1,800.00
Owner's Yearly Salary $ 50,000.00
Wage Expense $ 7,520.00
Rent Expense $ 10,000.00
Advertising Expense $ 940.00
Supplies Expense $ 1,000.00
Utilities Expense $ 1,000.00
Cell phone & Internet $ 100.00
Insurance Expense $ 200.00
Total Operating Capital $ 72,560.00
Six-Month Operating Expenses + One-time Costs $ 435,360.00
Total Start-up Funds Required $454,800.00 **Start-up Funds + Six-Month Operating Expenses