)
Construction – Office / Store 675,000
Construction – Service Stations 850,000
Masonry Work 120,000
Mechanical Repairs Equipment 90,000
Denting Equipment 100,000
Painting Equipment 30,000
Wheel Alignment Machine 1,000,000
Wheel Balancing Machine 650,000
High Pressure Cleaning Equipment 550,000
Piston Pump 250,000
Spare Parts Purchases 125,000
Lubricant Purchases 25,000
Advance Rent & Deposit 900,000
Working Capital 552,000
Pre Operating Costs 50,000
Office Furniture & Equipment 80,000
Total Cost 6,047,000
Capacity Human Resource Equipment Location
867 Cars / Month 5 (Management) Local / Eurpoean / High Income
20 (Technical Staff) Chinese Locality
Financial Summary
ost of Capital
(WACC)
17.50%
MECHANICAL REPAIRS & MAINTENANCE
Equipment Number Estimated Cost (Rs.)
Complete Mechanical Toolbox 2 26,000
Work Bench 2 5,000
Vice 2 9,000
Tool Box Cupboard 1 5,000
Voltmeter / Ammeter 2 5,000
Timing Light 2 12,000
Battery Charger 1 7,000
Compression Gauge 1 6,000
Others - 15,000
Total 90,000
DENTING
Equipment Number Estimated Cost (Rs.)
Denting Toolbox 2 20,000
Mechanical Toolbox 1 13,000
Pressure Jack (Large) 1 30,000
Gas Cylinder 1 6,000
Carbide Tank 1 3,000
Welding Kits 2 6,000
Drill Machine (Hand) 2 3,000
Puller Jack 1 4,000
Others - 15,000
Total 100,000
PAINTING
Equipment Number Estimated Cost (Rs.)
Painting Compressor (2 hp; 1k lbs) 1 15,000
Spray Gun (Small) 1 3,000
Spray Gun (Large) 1 4,000
Pipe 1 1,000
Others - 7,000
Total 30,000
Overall 56%
SERVICE MARGIN
Spare Parts 10.00%
Lubricants 12.50%
Subletting 25.00%
MASONRY WORK FOR BAY AREAS
Item Bay Areas
Mechanical Work (Duct & Ramp) 6
Denting 4
Painting 4
Total 14
Fee Charged
Estimated
Revenue
Material
Cars
(Rs.)
Denting & Painting 181,000
Cosmetic Touchup
(3 Piece Patching & 5,000 6 30,000 1,000
Paint)
Accidental Repairs 13,000 7 91,000 3,000
Full Body Restoration 30,000 2 60,000 6,000
Mechnical Repairs 190,000
General Repairs 1,500 100 150,000 -
Major Repairs 20,000 2 40,000 -
TOTAL 371,000
ASSUMPTIONS ASSUMPTIONS
ASSUMPTIONS ASSUMPTIONS
Spare Parts
Lubricants
Total Cost
Subletting
Labor
132,271 27%
Estimated Cars
Fee Charged
Spare Parts
Lubricants
Total Cost
Subletting
Revenue
Material
Labor
(Rs.)
Wheel Alignment / Balancing 125,000 12,000
Wheel Alignment 350 250 87,500 - 32 - - - 8,000
Wheel Balancing 150 250 37,500 - 16 - - - 4,000
High Pressure Cleaning 62,500 17,000
High Pressure Cleaning 250 250 62,500 20 48 - - - 17,000
TOTAL 187,500 29,000
Gross
Margin
(%)
90%
91%
89%
73%
73%
85%
Projected Income Statement (Rs.) Year1 Year2 Year3 Year4 Year5
Revenue 6,702,000 7,506,240 8,406,989 9,415,827 10,545,727
Denting & Painting 2,172,000 2,432,640 2,724,557 3,051,504 3,417,684
Genera l Repairs / Maintenance 2,280,000 2,553,600 2,860,032 3,203,236 3,587,624
Wheel Alignment & Balancing 1,500,000 1,680,000 1,881,600 2,107,392 2,360,279
High Pressure Cleaning 750,000 840,000 940,800 1,053,696 1,180,140
Net Sales 6,618,225 7,412,412 8,301,901 9,298,130 10,413,905
Cost of Sales 3,561,930 3,918,123 4,309,935 4,740,929 5,215,022
Gross Profit 3,140,070 3,588,117 4,097,054 4,674,899 5,330,705
Gross Profit Margin 46% 47% 48% 49% 50%
Fixed Assets
Building & Workshop 1,645,000 1,480,500 1,332,450 1,199,205 1,079,285 971,356 874,220
Technical Equipment 220,000 198,000 178,200 160,380 144,342 129,908 116,917
Office Furniture 80,000 72,000 64,800 58,320 52,488 47,239 42,515
Machinery 2,200,000 1,851,667 1,519,833 1,202,850 1,485,898 1,175,975 876,878
Total Fixed Assets 4,145,000 3,602,167 3,095,283 2,620,755 2,762,013 2,324,478 1,910,530
Intangible Assets
Pre Operating Costs 50,000 40,000 30,000 20,000 10,000 0 0
Total Assets 5,797,000 5,617,820 5,672,165 5,877,868 6,155,756 6,698,471 8,184,588
0 0 0 0
9,849,580 11,771,876 14,016,847 16,529,345
0 0 0 0
9,969,154 11,879,492 14,113,702 16,616,515
Projected Statement of Cash Flows (Rs.) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Cash Flow From Operating Activities
Net Profit 0 534,810 841,404 1,176,927 1,446,218 1,873,235
Add: Depreciation Expense 0 567,833 529,383 494,778 481,967 453,937
Amortization Expense 0 10,000 10,000 10,000 10,000 10,000
(Increase) / decrease in A/c Rec. -83,775 -10,053 -11,259 -12,610 -14,124
(Increase) / decrease in inventory -15,000 -16,500 -18,150 -19,965 -21,962
Net Cash Flow From Operations 0 1,013,869 1,354,234 1,652,295 1,905,610 2,301,087
-665,500 -732,050
0 -665,500 0 0 -732,050