University of Makati J.P. Rizal Ext. West Rembo, City of Makati College of Business and Financial Science

UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, City of Makati
College of Business and Financial Science
F.A.T. Goals
(Food And Travel)
A business Plan Prepared by:
Bonador, Mary Ann
Diaz, Jessa P.
Oñas, Karla Andrea
Salig, Aerona Rea
IV - CMA
Submitted to :
Prof. Edita Bayona

FINANCIAL PLAN
Outline for this section:
 Start up capital
 Financial Projections
 Financial Ratios
 Sample of Payroll for the month
Important assumptions
 500 Pesos is the minimum price that a customer would willing to spend
 The dining room can accommodate 128 seats per hour and the operating hour
for a day is 12 hours and estimated to have 60% of the seating capacity per hour
 The restaurant employs 26 employees including admin
 6% annual increase in Gross Sale
 3% annual increase for inflation
 Year 3 assumes an increase in salary of 2%
Start-Up Capital
Start-Up Expenses Amount

Permits and Licences 50,000
Rental 250,000
Decoration 15,000
Marketing 5,000
Start-Up Assets
Inventory 4,000,000
Admin Supplies 100,000
Kitchen and Admin Equipments 300,000
Aircon (6 units) 150,000
Refrigerator (3 units) 60,000
Television (4 units) 40,000
Furniture and Fixtures 400,000
TOTAL START UP CAPITAL 5,370,000
Source of Funds2 million pesos will be invested in cash and the 3,370,000 pesos will
be secured by loan payable in 5 years.
F.A.T Goals
Statement of Comprehensive Income
Year Ended December 31, 2019
GROSS SALES 138,240,000.00

COST OF SALES
Inventory, beg. 4,000,000.00
Purchases 40,972,000.00
Goods Available for Sale 44,972,000.00
Inventory, end. (3,500,000.00) (41,472,000.00)
GROSS PROFIT 96,948,000.00
Less: Selling Expenses
Sales Salaries (6,429,056.88)
Less: Admin Expenses
Office Salaries 874,433.16
Utilities Expense 960,000.00 (1,834,433.16)
88,684,509.96
Other Income: Photobooth 1,440,000.00
EBITDA 90,124,509.96
Interest Expense (168,500.00)
Depreciation Expense -Aircon (15,000.00)
Depreciation Expense -Refrigerator (4,000.00)
Depreciation Expense -TV (6,000.00)
NET INCOME 89,931,009.96
F.A.T Goals
GROSS SALES 146,534,400.00

COST OF SALES
Purchases 42,460,320.00
Inventory, end. (2,000,000.00) (43,960,320.00)
Rent Expense 257,500.00
Supplies Expense 25,000.00
Utilities Expense 988,800.00 (2,145,733.16)
93,999,289.96
EBITDA 95,525,689.96
NET INCOME 95,332,189.96
F.A.T Goals
GROSS SALES 155,326,464.00

COST OF SALES
Purchases 48,397,939.20
Inventory, end. (3,800,000.00) (46,597,939.20)
Rent Expense 265,225.00
Supplies Expense 25,750.00
Utilities Expense 1,018,464.00 (2,201,360.82)
99,969,525.96
EBITDA 101,587,509.96
NET INCOME 101,394,009.96
F.A.T Goals
Cash Flow Statement
Year Ended December 31,2019
Operating Activities
Cash sales 138,240,000.00
Other Income 1,440,000.00
Cash Purchases (40,972,000.00)
Salaries Expense (7,303,490.04)
Utilities Expense (960,000.00)
Supplies Expense (96,000.00)
Net Cah flow from Operations 90,348,509.96
Investing Activities
Equipment Bought (300,000.00)
Net Cah flow from Investing (300,000.00)
Financing Activities
Loan Payable 3,370,000.00
Initial Investment 2,000,000.00
Partial Payment of Loan (500,000.00)
Cash Withdrawal (30,000.00)
Net Cash Flow from Finaning 4,840,000.00
NET CASH FLOW 94,888,509.96
F.A.T Goals
Cash Flow Statement
Cash sales 146,534,400.00
Utilities Expense (988,800.00)
Rent Expense (257,500.00)
Equipment Bought -
Net Cah flow from Investing -
Net Cash Flow from Finaning (874,000.00)
Add: Cash Beginning Balance 93,448,509.96
Ending Cash Balance 189,600,199.92
F.A.T Goals
Cash Flow Statement
Cash sales 155,326,464.00
Utilities Expense (1,018,464.00)
Rent Expense (265,225.00)
Equipment Bought -
Net Cah flow from Investing -
Net Cash Flow from Finaning (1,024,000.00)
Add: Cash Beginning Balance 189,600,199.92
Ending Cash Balance 288,363,709.88
FA.T Goals
Statement of Financial Position
ASSETS
Current Asset
Cash 93,448,509.96
Inventory 3,500,000.00
Total Current Asset 96,948,509.96
Non-Current Asset
Furniture And Fixtures 400,000.00
Equipment 300,000.00
Aircon 150,000.00
Accumulated Depreciation -Aircon (15,000.00) 135,000.00
Television 40,000.00
Accumulated Depreciation -Television (4,000.00) 36,000.00
Refrigerator 60,000.00
Accumulated Depreciation - Refrigerator (6,000.00) 54,000.00
Total Non-Current Asset 925,000.00
TOTAL ASSETS 97,873,509.96
LIABILITIES
Current Liabilities
Accounts Payable 304,000.00
Non-Cuurent Liabilities
TOTAL LIABILITIES 3,174,000.00
Owner's Equity
Capital 2,000,000.00
Additional Investment 2,798,500.00
Withdrawal (30,000.00)
Net Income 89,931,009.96 94,699,509.96
TOTAL LIABILITIES AND EQUITY 97,873,509.96
FA.T Goals
ASSETS
Current Asset
Cash 189,600,199.92
Non-Current Asset
Aircon 135,000.00
LIABILITIES
Current Liabilities
Owner's Equity
Capital, beginning 94,699,509.96
Net Income 95,332,189.96 189,931,699.92
FA.T Goals
ASSETS
Current Asset
Cash 288,363,709.88
Non-Current Asset
Aircon 120,000.00
LIABILITIES
Current Liabilities
Owner's Equity
Capital, beginning 189,931,699.92
Net Income 101,394,009.96 290,975,709.88
Financial Projection
Ratio Analysis
Financial Ratios
Year 1 Year 2 Year 3

Current Ratio 318.91 405.50 455.79
Payback
2 years and 2
months
Return on 15.41% 16.34% 17.38%
Investment
Current Ratio
Current ratio is used to measure a company's liquidity or ability to pay off short-term
debts. It tells investors and analysts how a company can maximize the current assets
on its balance sheet to satisfy its current debt and other payables. Base on the table,
the company had a higher result of current ratio, the higher the current ratio, the more
capable a company is of paying its obligations because it has a larger proportion
of short-term asset value relative to the value of its short-term liabilities.
Payback
The essence of getting payback period is to now the length of time required to recover
the cost of the investment and it says that our company can get back the investment
over 2 years and 2 months
Return on investment
We get the ROI to determine the profitability of expenditure. As we can see the
percentage of ROI increase as the time goes by it means that the investment gains
Income Statement

Gross 70.13% 70% 70%
Operating Profit
Profit Rate 65.05% 65.06% 65.28%
Gross Operating Profit
Gross Operating Profit indicates how much profit a company can makes after deducting
its cost of goods sold. Based on the result provided in the comprehensive income of
Food and Travel (F.A.T.) Goals restaurant has an average percentage of 70.04%. This
percentage reflects a good outcome of a business. It means that the production costs
are reasonable relative to the selling price of the product. The higher the percentage,
the more efficient the company is.
Profit Rate
Profit rate is a percentage that tells about the overall profitability of a business. You can
calculate this by just deducting your total expenses from your gross profit. Then divide
the profit by your total costs, and the result will be the rate or percentage of profit that
you make on your sales. Based on the result provided in the comprehensive income of
Food and Travel (F.A.T.) Goals restaurant has an average percentage of 65.13%. This
percentage is a good indicator that the company’s financial health is doing
better/great/excellent. It tells investors how much profit/revenue the business is earning.
A higher percentage of a profit indicates that a company can make a reasonable profit
on sales, as long as it monitors all the costs and expenses in control.
Balance Sheet

Cash 95.48% 98.49% 98.40%
Inventory 3.58% 1.04% 1.30%
Total Current Asset 99.05% 99.53% 99.70%
Accounts Payable 0.31% 0.25% 0.22%
Loan Payable 2.93% 1.09% 0.49%
Total Liabilities 3.22% 1.33% 0.70%
Cash
We get the ratio of cash by just dividing the total cash over total assets. Based on the
result, it has a high percentage result. It means that having a large percentage of cash
ratios may not provide a good analysis of a company, as it is unrealistic for companies
to hold large amounts of cash.
Inventory
Inventory consists of merchandise a business owns but has not yet sold. We get the
percentage ratio of inventory by just dividing the total inventory over total assets. Based
on the result, it has a low percentage result. It means that having a low percentage is a
good indicator that the business almost realized its products into cash.
Total Current Assets
Current assets(cash and inventory) represent all the assets of a company that are
expected to be conveniently sold, consumed, utilized or exhausted through the standard
business operations, which can lead to their conversion to a cash value over the next
one year period. Based on the table it has high percentage result.
Accounts payable
Based on the percentage per year, the accounts payable are decreasing means that the
company has the ability to pay its liabilities.
Loan payable
According to the result that we computed regarding loan payable, it also shows that the
entity is paying its loan because of the decrease in the percentage.
Total liabilities
A lowering percentage of total liabilities mean that the entity has a good stand when it
comes on paying its liabilities to the creditors.

University of Makati J.P. Rizal Ext. West Rembo, City of Makati College of Business and Financial Science

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University of Makati J.P. Rizal Ext. West Rembo, City of Makati College of Business and Financial Science

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UNIVERSITY OF MAKATI

J.P. Rizal Ext. West Rembo, City of Makati

College of Business and Financial Science

(Food And Travel)

A business Plan Prepared by:

Bonador, Mary Ann

Oñas, Karla Andrea

Salig, Aerona Rea

Prof. Edita Bayona

Outline for this section:

Start-Up Expenses Amount

GROSS SALES 138,240,000.00

GROSS SALES 146,534,400.00

GROSS SALES 155,326,464.00

Year 1 Year 2 Year 3

Year 1 Year 2 Year 3

Gross Operating Profit

Year 1 Year 2 Year 3

Total Current Assets

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