Total populaton (2018) 452285 Share Annual Monthly

OFW 10764 KTV Rooms 50% 12192.53 1016.044

Children 45233 Food 35% 8534.77 711.2309
Target Market (2018) 396288 Beverages 15% 3657.759 304.8132
Annual Growth rate 1.0127 100% 24385.06 2032.088
Target Market (2019) 401320.9
Annual Growth rate 1.0127
Target Market(2020) 406417.6
Industry Share 0.06
Annual Customer 24385.06
Daily
39.07862
27.35503
11.72359
78.15724
Employees Time Schedule:

Accountant 10:00am-2:00am
Operational Manager 10:00am-2:00am
Cashier 10:00am-2:00am
Crew 10:00am-2:00am
Head Chef 10:00am-2:00am
Assistant chef 10:00am-2:00am
Janitor 10:00am-2:00am
Security Guard 10:00am-2:00am
Dishwasher 10:00am-2:00am

Monthly Salary
General Manager 20,000.00
Accountant 18,000.00
Operational Manager 13,000.00
Cashier 7,000.00
Crew 7,000.00
Head Chef 10,000.00
Assistant chef 8,000.00
Janitor 7,000.00
Security Guard 7,000.00
Dishwasher 5,000.00
total 102,000.00
 Everyday Friday KTV Bar
Projected Five Years Income Statement

Year 1 Year 2
Projected Sales 6299280 6929208
Less: Cost of Goods sold 0 0
Gross Profit 6299280 6929208
Less: Operationg Expenses
Salaries Expense 1928652 2025084.6
Utilities Expense 192000 197760
Advertising Expense 8000 10000
Repairs and Maintenance 60000 96000
Depreciations Expense 124000 245000
Business Registration 10459 12420
Supplies Expense 16525 16525
Net Income before Interest 3959644 4326418.4
Less: Finance Cost 556501.2 503281.344
Net Income beforeTax 3403142.8 3823137.056
Less:Tax 1020942.84 1146941.1168
Net Income after Tax 2382199.96 2676195.9392
 Year 3 Year 4 Year 5
7622128.8 8384341.68 9222775.848
0 0 0
7622128.8 8384341.68 9222775.848

2126338.83 2232655.7715 2344288.56008

203692.8 209803.584 216097.69152
10000 10000 10000
96000 96000 96000
245000 245000 245000
12420 12420 12420
16525 16525 16525
4912152.17 5561937.3245 6282444.59641
449675.10528 395636.117914 341112.452063 1689705.0193
4462477.0647 5166301.20659 5941332.14434
1338743.1194 1549890.36198 1782399.6433
3123733.9453 3616410.84461 4158932.50104
Inventory
Year 1 Year 2 Year 3
Beginning Inventory 48040 100404
Purchases 2721334 2966254 3233217
Total Goods Available for Sale 2721334 3014294 3333621
Cost of sales 2673294 2913890 3176141
Ending Inventory 48040 100404 157480
Year 4 Year 5
157480 219693
3524206 3841385
3681686 4061078
3461993 3773573
219693 287505
 Everyday Fr
Pojected Statement of Ca

Year 1 Year 2
Cash Flow from Operating Activity
Cash Beggining Balance 2834416
Cash Receipts from Sale 6299280 6929208
Payments made:
Salaries Expense 1928652 1986512
SSS Contribution Expense 126048 129829
PhilHealth Contribution Expense 33300 34299
Utilities Expense 192000 195840
Advertising Expense 8000 8000
Repairs and Maintenance 60000 60000
Income Tax Expense 107521 222151
Business Registration 10459 7650
Supplies Expense 16525 16525
Purchases 2721334 2966254
Total Payment Made 5203839 5627060
Net Cash Provided by Operating Activities 1095441 4136564

Cash Flow from Investing Activity

Building 3100000
Land 4000000
KTV equipment 833778
Kitchen Tools & Equipment 100855
Food & Beverages Tools and Equipment 37250
Furnitures and Fixtures 132640
Net Cash Provided by Investing Activities 8204523 0

Cash Flow from Financing Activities

Investment from the Owners 6000000
Loan 5000000
Less: Principal Payment of Loan 500000 500000
Amortization 56501
Interest Expense 556501 503281
Less: Drawings
Abrenica Drawing
Net Cash Provided by Financing Activities 9943499 -1059783

Net Cash Flow 2834416 3076781

 Everyday Friday KTV
Pojected Statement of Cash Flow for Five Years

Year 3 Year 4 Year 5

3076781 3577660 4427769

7622129 8384342 9222776

2046107 2107490 2170715

133724 137736 141868
35328 36388 37479
199757 203752 207827
8000 8000 8000
60000 60000 60000
347986 487182 641196
7650 7650 7650
16525 16525 16525
3233217 3524206 3841385
6088293 6588929 7132645
4610617 5373073 6517900

0 0 0

500000 500000 500000

53281 49675 45636
449675 395636 341112

30000
-1032956 -925636 -841112

3577660 4427769 5631152

 Principal Payments Interest Payments Interest expense
Beginning Balance
Year 1 500000 500000 556501.2
Year 2 500000 450000 503281.344
Year 3 500000 400000 449675.10528
Year 4 500000 350000 395636.1179136
Year 5 500000 300000 341112.452063232
Year 6 500000 250000 286045.94631082
Year 7 500000 200000 230371.459868118
Year 8 500000 150000 174016.035052293
Year 9 500000 100000 116897.959258568
Year 10 500000 50000 58925.7143695958
5000000 2750000

Principal Interest total payments

500000 500000 1000000
500000 450000 950000
500000 400000 900000
500000 350000 850000
500000 300000 800000
500000 250000 750000
500000 200000 700000
500000 150000 650000
500000 100000 600000
500000 50000 550000
Amortization Present Value
4637510
56501.2 4194011.2
53281.344 3747292.544
49675.10528 3296967.64928 1556501.2
45636.1179136 2842603.7671936
41112.45206323 2383716.2192568 362489.90005
36045.94631082 1919762.1655677 305988.70005
30371.45986812 1450133.6254358
24016.03505229 974149.66048806
16897.95925857 491047.61974663
8952.2803 0

PV factor Present Value

0.8929 892900
0.7972 757340
0.7118 640620
0.6355 540175
0.5674 453920
0.5066 379950
0.4523 316610
0.4039 262535
0.3606 216360
0.322 177100
4637510 362490
 KTV BAR
Income Statement
For the Period Ended December 31, 2019

Projected Sales
Less: Cost of Goods sold
Gross Profit
Less: Operationg Expenses
Salaries Expense
SSS Contribution Expense
PhilHealth Contribution Expense
Utilities Expense
Advertising Expense
Repairs and Maintenance
Depreciation Expense-KTV Equipment
Depreciation Expense- Kitchen Tools and Equipment
Depreciation Expense-Food and Beverages Tools
Depreciation Expense-Furniture and Fixtures
Depreciation Expense-Building
Business Registration
Amortization Expense
Supplies Expense
Net Income before Interest
Less: Finance Cost
Net Income beforeTax
Less:Tax
Net Income after Tax

TOTAL SALES
Projected Sales- KTV
Rate per hour 200
Service Hours 10
Total sales per rrom 2000
X No. of Room 5
Sales per day 10000
X No. of working days 26
Sales per month 260000
X No. of moths 12
 Projected Sales- Food
Adobo
Selling Price 160
X Expected Customer 3
Total 480
xNo. Of Orders 2
Sales per Day 960
X No. of working days 26
Sales per month 24960
X No. of moths 12
Total 299520

Projected Sales - Beverages (Hard Drinks and Soft Drinks)

SM Orig
Selling Price 42
X Expected Customer 5
Total 210
xNo. Of Orders 4
Sales per Day 840
X No. of working days 26
Sales per month 21840
X No. of moths 12
Total 262080

Projected Sale- Shakes

Cookies and Cream
Selling Price 35
X Expected Customer 4
Total 140
x No. of Orders 4
Sales per Day 560
X No. of working days 26
Sales per month 14560
X No. of moths 12
Total 174720

TOTAL SALES

COST OF SALES
Projected COS- Food
Adobo
Cost 133
X Expected Customer 3
 Total 399
xNo. Of Orders 2
Cost per Day 798
X No. of working days 26
Cost per month 20748
X No. of moths 12
Total 248976

Projected COS- Beverage(Hard Drinks and Soft Drinks)

SM Orig
Cost 35
X Expected Customer 5
Total 175
xNo. Of Orders 4
Cost per Day 700
X No. of working days 26
Cost per month 18200
X No. of months 12
Total 218400

Projected COS- Shakes

Cookies and Cream
Selling Price 28
X Expected Customer 4
Total 112
x No. of Orders 4
Sales per Day 448
X No. of working days 26
Sales per month 11648
X No. of moths 12
Total 139776

TOTAL COST

SALARIES EXPENSE

Employees Monthly NO. of Employes

General Manager 20,000.00 1
Accountant 18,000.00 1
Operational Manager 13,000.00 1
Cashier 7,000.00 2
Crew 7,000.00 5
 Head Chef 10,000.00 2
Assistant chef 8,000.00 2
Janitor 7,000.00 1
Security Guard 7,000.00 2
Dishwasher 5,000.00 2
IT Expert 7,000.00 1
TOTAL 109000

SSS Contribution
Employees Monthly EC
General Manager 20,000.00 500
Accountant 18,000.00 500
Operational Manager 13,000.00 433.3
Cashier 7,000.00 233.3
Crew 7,000.00 233.3
Head Chef 10,000.00 333.3
Assistant chef 8,000.00 266.7
Janitor 7,000.00 233.3
Security Guard 7,000.00 233.3
Dishwasher 5,000.00 166.7
IT Expert 7,000.00 233.3
TOTAL

PhilHealth Contribution
Employees Monthly ER
General Manager 20,000.00 250
Accountant 18,000.00 225
Operational Manager 13,000.00 162.5
Cashier 7,000.00 87.5
Crew 7,000.00 87.5
Head Chef 10,000.00 125
Assistant chef 8,000.00 100
Janitor 7,000.00 87.5
Security Guard 7,000.00 87.5
Dishwasher 5,000.00 87.5
IT Expert 7,000.00 87.5
TOTAL

UTILITIES EXPENSE
Water bill @ Php 1,000 a month
Electric Bill @ Php 15,000 a month
Total Utilities Expense
ADVERTISING EXPENSE
Radio Broadcast
Flyers and Tarpaulin
Total Advertising expense

REPAIRS AND MAINTENANCE

Kitchen Maintenance @ Php 1,000.00 a month
Bar and KTV Maintenance @ Php 3,000.00 a month
Other Maintenance @Php 1,000 a month
Total Repairs and Maintenance

DEPRECIATION EXPENSE
Building
KTV equipment
Kitchen Tools and Equipment
Food & Beverages Tools and Equipment
Furniture and Fixtures
Total

SUPPLIES EXPENSE
2 Reams Bond Paper @ Php 160.00 each
1 Box of HBW Ball pen @ Php 330.00
50 Bags of Bathroom Tissue @ Php 50.00 each
30 Bags of Table Tissue @ Php 50.00 each
5 Record books @ Php 90.00 each
Others
Cleaning tools and Materials
Total Supplies Expense

BUSINESS REGISTRATION
Barangay Permit 500
Community Tax Certificate 1300
Mayor's Permit 5000
Sanitary Permit Fees 90
Garbage Fee 1200
Fire Safety inspection Fee 649
Notary for Business Permit 100
Land Insurance 1120
BIR registration Fee 500
Total 10459
CLEANING TOOLS AND MATERIALS
DESCRIPTION QTY UNIT COST
Curtains 5 Set 1,200.00
Detergent 10 Pack 50.00
Mop 10 pieces 125.00
Trash Can 10 pieces 120.00
Garbage Bag 100 buddle 10.00
Fine Broom 5 pieces 50.00
Broom 5 pieces 20.00
Dust Pan 5 pieces 25.00

Cost of Goods Sold

Beginning Inventory 0
Add: Purchases 2721334
Total Goods Available for sale 2721334
Less: Ending Inventory 48040
Cost of Goods Sold 2673294
ment
ember 31, 2019

6299280
2673294
3625986

1928652
126048
33300
192000
8000
60000
119111
10086
7450
18949
124000
10459
56501
16525 2711080
914906
556501
358404
107521
250883

3120000
Sisig Nilaga Menudo Shanghai Porkchop
160 170 160 150 150
3 2 2 3 2
480 255 240 450 225
3 2 2 2 2
1440 510 480 900 450
26 26 26 26 26
37440 13260 12480 23400 11700
12 12 12 12 12
449280 159120 149760 280800 140400

SM Flavored RH Pale Pilsen Coke Sprite

44 38 37 18 17
4 4 3 3 3
165 143 93 45 43
5 3 4 3 3
825 428 370 135 128
26 26 26 26 26
21450 11115 9620 3510 3315
12 12 12 12 12
257400 133380 115440 42120 39780

Chocolate Taro Mango Avocado

35 35 35 35
4 3 3 2
140 105 105 53
4 3 2 2
560 315 210 105
26 26 26 26
14560 8190 5460 2730
12 12 12 12
174720 98280 65520 32760 546000

Sisig Nilaga Menudo Shanghai Porkchop

130 140 133 122 124
3 2 2 3 2
 390 210 200 366 186
3 2 2 2 2
1170 420 399 732 372
26 26 26 26 26
30420 10920 10374 19032 9672
12 12 12 12 12
365040 131040 124488 228384 116064

SM Flavored RH Pale Pilsen Coke Sprite

37 32 31 15 14
4 4 4 3 3
139 120 116 38 35
5 3 4 3 3
694 360 465 113 105
26 26 26 26 26
18038 9360 12090 2925 2730
12 12 12 12 12
216450 112320 145080 35100 32760

Chocolate Ube Vanilla Avocado

28 28 28 28
4 3 3 2
112 84 84 56
4 3 2 2
448 252 168 112
26 26 26 26
11648 6552 4368 2912
12 12 12 12
139776 78624 52416 34944 445536

No. of months SSS PhilHealth Annual Salary Salary Expense

12 18720 6000 240,000.00 215280
12 18720 5400 216,000.00 191880
12 16224 3900 156,000.00 135876
12 8736 2100 168,000.00 157164
12 8736 2100 420,000.00 409164
 12 12480 3000 240,000.00 224520
12 9984 2400 192,000.00 179616
12 8736 2100 84,000.00 73164
12 8736 2100 168,000.00 157164
12 6240 2100 120,000.00 111660
12 8736 2100 84,000.00 73164
126048 33300 2088000 1928652

EE Monthly ContributiAnnual Contribution

1060.00 1560.00 18720
1060.00 1560.00 18720
918.70 1352.00 16224
494.70 728.00 8736
494.70 728.00 8736
706.70 1040.00 12480
565.30 832.00 9984
494.70 728.00 8736
494.70 728.00 8736
353.30 520.00 6240
494.70 728.00 8736
10504 126048

EE Monthly ContributiAnnual Contribution

250.00 500.00 6000
225.00 450.00 5400
162.50 325.00 3900
87.50 175.00 2100
87.50 175.00 2100
125.00 250.00 3000
100.00 200.00 2400
87.50 175.00 2100
87.50 175.00 2100
87.50 175.00 2100
87.50 175.00 2100
2775 33300

12000
180000
192000
 4000
4000
8000

12000
36000
12000
60000

124000
119111
10086
7450
18949
279595

320
330
2500
1500
450
1000
10425
16525
Total Cost
6,000.00
500.00
1,250.00
1,200.00
1,000.00
250.00
100.00
125.00
10425
Fries Junkfoods adobo
100 40 Sisig
2 2 Nilaga
150 60 Menudo
4 2 Shanghai
600 120 Porkchop
26 26 Fries
15600 3120 Junkfoods
12 12
187200 37440 1703520

Mt. Dew Royal SM Orig

17 17 Flavored
3 3 RH
43 43 PP
3 3 Coke
128 128 Sprite
26 26 Mt. Dew
3315 3315 Royal
12 12
39780 39780 929760

Cookies and Cream

Chocolate
Ube
Vanilla
Avocado

6299280

Fries Junkfoods
83 35
2 2
 125 53
4 2
498 105
26 26
12948 2730
12 12
155376 32760 1402128

Mt. Dew Royal

14 14
3 3
35 35
3 3
105 105
26 26
2730 2730
12 12
32760 32760 825630

2673294
 Projected Number of Customers
20% 15 3
20% 15 3
10% 15 2
10% 15 2
20% 15 3
10% 15 2
10% 15 2
10% 15 2
100%

20% 25 5
15% 25 4
15% 25 4
10% 25 3
10% 25 3
10% 25 3
10% 25 3
10% 25 3
100%

25% 15 4
25% 15 4
20% 15 3
20% 15 3
10% 15 2
100%
 Everyday Friday KTV Bar
Statement of Financial Position

Assets:
Current Assets
Cash 2834416
Inventory End 48040 2882456
Noncurrent Assets
KTV equipment 833778
Less: Accumulated Depreciation 119111 714667
Kitchen Tools and Equipment 100855
Less: Accumulated Depreciation 10086 90770
Food & Beverages Tools and Equipment 37250
Less: Accumulated Depreciation 7450 29800
Furnitures and Fixtures 132640
Less: Accumulated Depreciation 18949 113691
Building 3100000
Less: Accumulated Depreciation 124000 2976000
Land 4000000 7924928
Total Assets 10807384
Liabilities and Capital
Loans Payable 4500000
Interest Payable 56501 4556501
Owners Equity:
Abrenica, Capital 1500000
Duma, Capital 1500000
Pescador, Capital 1500000
Villanueva, Capital 1500000 6000000
Net Income 250883
10807384
 IS
For the period ended december 31

Year 1
Projected Sales 6299280
Less: Cost of Goods sold 2673294
Gross Profit 3625986
Less: Operationg Expenses
Salaries Expense 1928652
SSS Contribution Expense 126048
PhilHealth Contribution Expense 33300
Utilities Expense 192000
Advertising Expense 8000
Repairs and Maintenance 60000
Depreciation Expense-KTV Equipment 119111
Depreciation Expense- Kitchen Tools and Equipment 10086
Depreciation Expense-Food and Beverages Tools 7450
Depreciation Expense-Furniture and Fixtures 18949
Depreciation Expense-Building 124000
Business Registration 10459
Amortization Expense 56501
Supplies Expense 16525
Net Income before Interest 914906
Less: Finance Cost 556501
Net Income beforeTax 358404
Less:Tax 107521
Net Income after Tax 250883
Year 2 Year 3 Year 4 Year 5
6929208 7622129 8384342 9222776
2913890 3176141 3461993 3773573
4015318 4445988 4922348 5449203

1986512 2046107 2107490 2170715

129829 133724 137736 141868
34299 35328 36388 37479
195840 199757 203752 207827
8000 8000 8000 8000
60000 60000 60000 60000
119111 119111 119111 119111
10086 10086 10086 10086
7450 7450 7450 7450
18949 18949 18949 18949
124000 124000 124000 124000
7650 7650 7650 7650
53281 49675 45636 41112
16525 16525 16525 16525
1243786 1609627 2019576 2478431
503281 449675 395636 341112
740505 1159952 1623940 2137319
222151 347986 487182 641196
518353 811966 1136758 1496123
 EVERYDAY FRIDAY KTV BAR
Statement of Changes in Equity
Year-1
Abrenica Capital Duma Capital Pescador Capital Villanueva Capital
Beginning Capital 1500000 1500000 1500000 1500000
Net Icome 62721 62721 62721 62721
Less: Drawings
Capital End 1562721 1562721 1562721 1562721

Year-2
Abrenica Capital Duma Capital Pescador Capital Villanueva Capital
Beginning Capital 1562721 1562721 1562721 1562721
Net Icome 129588 129588 129588 129588
Less: Drawings
Capital End 1692309 1692309 1692309 1692309

Year-3
Abrenica Capital Duma Capital Pescador Capital Villanueva Capital
Beginning Capital 1692309 1692309 1692309 1692309
Net Icome 202992 202992 202992 202992
Less: Drawings 30000
Capital End 1865301 1895301 1895301 1895301

Year-4
Abrenica Capital Duma Capital Pescador Capital Villanueva Capital
Beginning Capital 1865301 1895301 1895301 1895301
Net Icome 284191 284191 284191 284191
Less: Drawings
Capital End 2149492 2179492 2179492 2179492

Year-5
Abrenica Capital Duma Capital Pescador Capital Villanueva Capital
Beginning Capital 2149492 2179492 2179492 2179492
Net Icome 374031 374031 374031 374031
Less: Drawings
Capital End 2523523 2553523 2553523 2553523