Income Year 1 Year 2 Year 3 Year 4

Gross Sales:
Units Sold Per Day 0.25 0.5 1 1.5
Days of Operation per Week 5 5 5 5
Weeks of Operation per Year 48 48 48 48
Total Units Sold Annually 60 120 240 360
Average Price per Sale $80 $100 $120 $130
Total Gross Sales $4,800 $12,000 $28,800
Cost of Good Sold:
Inventory Purchases $0 $0
Direct Labor $1,800 $3,600 $7,200 $10,800
Total Cost of Goods Sold $1,800 $3,600 $7,200
Total Gross Profit on Sales $3,000 $8,400 $21,600

Expenses
Marketing & Advertising $1,000 $1,000 $1,000
Materials & Supplies $1,800 $3,600 $7,200
Licenses, Fees & Permits $0 $0 $0
Insurance $0 $0 $0
Office Expenses $100 $100 $100
Rent $0 $0 $0
Cleaning, Maintenance & Utilities $50 $50 $50
Subcontractors and Consultants $0 $0 $0
Legal & Accounting $0 $0 $0
Officer Salary $0 $0 $0
Staff Salary $0 $0 $0
Employee Benefits $0 $0 $0
Other Expenses $1,200 $1,200 $1,200
Total Expenses $4,150 $5,950 $9,550

Net Income (Loss) -$1,150 $2,450 $12,050

Note: Cells in YELLOW are to be filled in

based on your estimates. Cells in BLUE
contain formulas that will calculate for you.
Year 4 Year 5 5 Year Total

2
5
48
480
$130
$46,800 $62,400 $154,800

$0
$14,400
$10,800 $14,400 $37,800
$36,000 $48,000 $117,000

$1,000 $1,000 $5,000

$10,800 $14,400 $37,800
$0 $0 $0
$0 $0 $0
$100 $100 $500
$0 $0 $0
$50 $50 $250
$0 $0 $0
$0 $0 $0
$0 $0 $0
$0 $0 $0
$0 $0 $0
$1,200 $1,200 $6,000
$13,150 $16,750 $49,550

$22,850 $31,250 $67,450