|
|
 |
Yacht P&L
Statement |
 |
|
|
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
| Revenue |
|
|
|
|
|
|
|
| Weekly Cruises |
201,500 |
362,700 |
399,360 |
419,328 |
484,324 |
559,394 |
646,100 |
| Day Cruises |
228,125 |
295,650 |
332,880 |
367,000 |
396,911 |
429,259 |
464,244 |
| Day Cruise Liquor |
50,188 |
60,225 |
76,650 |
96,579 |
104,450 |
112,963 |
122,169 |
| Day Cruise Food |
45,625 |
68,438 |
78,840 |
86,921 |
94,005 |
101,667 |
109,952 |
| Retail |
18,250 |
19,163 |
22,133 |
24,401 |
26,390 |
28,541 |
30,867 |
|
Total |
543,688 |
806,175 |
909,863 |
994,230 |
1,106,080 |
1,231,823 |
1,373,332 |
|
|
|
|
|
|
|
|
| COGS |
|
|
|
|
|
|
|
| Winter/Summer food |
63,825 |
101,198 |
113,784 |
111,382 |
119,689 |
128,635 |
138,269 |
| Liquor |
61,108 |
79,881 |
97,617 |
118,594 |
127,566 |
137,234 |
147,654 |
| Retail |
8,213 |
8,623 |
9,960 |
10,981 |
11,875 |
12,843 |
13,890 |
|
Total |
133,146 |
189,702 |
221,361 |
240,957 |
259,131 |
278,713 |
299,814 |
| Gross Profit |
$410,542 |
$616,473 |
$688,502 |
$753,273 |
$846,949 |
$953,111 |
$1,073,519 |
|
| Expenses |
|
|
|
|
|
|
|
| Utilities |
48,000 |
52,800 |
58,080 |
63,888 |
70,277 |
77,304 |
85,035 |
| Equipment |
12,000 |
6,000 |
6,000 |
6,000 |
6,000 |
6,000 |
6,000 |
| Total Payroll |
72,000 |
75,600 |
79,380 |
83,349 |
87,516 |
91,892 |
96,487 |
| Port/Docking Fees |
54,369 |
80,618 |
90,986 |
99,423 |
110,608 |
123,182 |
137,333 |
| Payroll Taxes |
13,680 |
14,364 |
15,082 |
15,836 |
16,628 |
17,460 |
18,333 |
| Bonuses |
4,320 |
4,536 |
4,763 |
5,001 |
5,251 |
5,514 |
5,789 |
| Insurance |
12,000 |
12,360 |
12,731 |
13,113 |
13,506 |
13,911 |
14,329 |
| Uniforms |
2,500 |
2,625 |
2,756 |
2,894 |
3,039 |
3,191 |
3,350 |
| Bank/CC Charges |
6,116 |
9,069 |
10,236 |
11,185 |
12,443 |
13,858 |
15,450 |
| Legal Fees |
5,500 |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
| Cleaning Services |
12,000 |
12,000 |
12,000 |
12,000 |
12,000 |
12,000 |
12,000 |
| Misc. Taxes/Fees |
9,000 |
9,000 |
9,000 |
9,000 |
9,000 |
9,000 |
9,000 |
| Advertising |
48,932 |
56,432 |
18,197 |
19,885 |
22,122 |
24,636 |
27,467 |
| Printing |
15,000 |
8,500 |
8,500 |
8,500 |
8,500 |
8,500 |
8,500 |
| Gas & Maintenance |
18,000 |
18,900 |
24,570 |
31,941 |
33,219 |
34,547 |
35,929 |
| Miscellaneous |
1,200 |
1,200 |
1,200 |
1,200 |
1,200 |
1,200 |
1,200 |
|
Total Expenses
|
$334,617 |
$367,004 |
$356,482 |
$386,215 |
$414,309 |
$445,196 |
$479,202 |
|
|
Net Profit (pre-tax)
|
$75,925 |
$249,469 |
$
332,021 |
$367,058 |
$432,640 |
$507,915 |
$594,317 |
|
|
Revenue Assumptions |
Year 1 |
Year 2
|
Year
3 |
Year
4 |
|
Max.
Occ. |
%
of Occ. |
Rate |
%
of Occ. |
Rate |
%
of Occ. |
Rate |
%
of Occ. |
Rate |
| Weekly Cruises* |
52 |
25% |
15,500 |
45% |
15,500 |
48% |
16,000 |
50% |
16,000 |
| Day Cruises** |
365 |
25% |
2,500 |
30% |
2,700 |
32% |
2,850 |
34% |
2,993 |
| Day Cruise Liquor*** |
9,125 |
25% |
22.00 |
30% |
28.00 |
32% |
30.00 |
34% |
31.50 |
| Day Cruise Food*** |
9,125 |
25% |
20.00 |
30% |
25.00 |
32% |
27.00 |
34% |
28.35 |
| Retail*** |
9,125 |
10% |
20.00 |
11% |
20.00 |
11% |
22.00 |
12% |
23.10 |
|
|
Year 5 |
Year 6 |
Year 7 |
|
|
%
of Occ. |
Rate |
%
of Occ. |
Rate |
%
of Occ. |
Rate |
| Weekly Cruises |
53% |
17,600 |
56% |
19,360 |
58% |
21,296 |
|
Day
Cruises |
35% |
3,082 |
37% |
3,175 |
39% |
3,270 |
| Day Cruise Liquor |
35% |
32.45 |
37% |
33.42 |
39% |
34.42 |
| Day Cruise Food |
35% |
29.20 |
37% |
30.08 |
39% |
30.98 |
| Retail |
12% |
23.79 |
13% |
24.51 |
13% |
25.24 |
|
|
Assumption
Descriptions:
|
|
*Weekly Cruises
|
|
Cruises
based on one yacht |
1
yacht X 52 weeks = 52 max.
cruises |
|
Based on max. occupancy
of 6 ppl. |
|
**Day Cruises |
|
Cruises
based on one yacht |
1
yacht X 365 days = 365 max.
day cruises |
|
Based on max. occupancy
of 25 ppl. |
|
***Day Cruise Liquor
& Food & Retail |
|
Based on max. occupancy
of 25 ppl. |
25
ppl. X 365 days = 9,125 max. ppl. |
|
See our
Services page for more on
financial projections, offering
memorandums, business plans, etc.
|
|
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|
