Tinas Study

BUSINESS

 CASE

PROFESSOR

 :

 JILL

 TYNAN

CASE

 STUDY

 :

 TINA’S

 TAKE-­AWAY

TEAM

 :

  KRAMER

 HUGO

  MOLLET

 ALEXIA

  NGUYEN

 MANH

  GERMOND

 YANN

1.

  a. Three-­‐year

 projected

 Income

 Statement

INCOME STATEMENT

Year 1 Revenues Sales (80% of Collins estimation) COG = production cost + variation of stock Food and drink (35% of sales) Stock Variation Salaries (20% of sales) Gouvernment payroll taxes (10% of payroll figure) Paper goods : 1,5% sales Total COG GROSS MARGIN Franchise fee (4% sales) Laundry & maintenance (0,6%) Bad check allowance Credit card fee (60% of sales) Bonus Fiona in the case Sales > $1,400,000 Operating VC Total VC Fiona's salary Gouvernment payroll taxes (10% of Fiona's salary) Energy Repairs Insurance Telephone Advertising (75000/year) Depreciation of tangible assets ($390000/year) Amortization for year of franchise licence (50000/5) Liquor licence annual Rent (20*3500) Legal services Total FC Total operating costs Contribution margin OPERATING MARGIN (before interest & tax) Interest on loan OPERATING MARGIN (before tax) Income tax 448 000 -15 000 256 000 25 600 19 200 733 800 546 200 51 200 7 680 6 400 16 128 0 81 408 815 208 40 000 4 000 29 400 14 000 12 000 10 000 75 000 139 286 10000 1 000 70 000 3 600 408 286 489 694 464 792 56 506 37 760 18 746 500 500 0 286 000 28 600 21 450 836 550 593 450 57 200 8 580 7 150 18 018 1 050 91 998 928 548 40 000 4 000 31 400 14 420 12 240 10 000 75 000 71 633 10000...