Executive summary
by on Nov.13, 2009, under Business
For several years, Peter and Elinda Rossi have saved and planned for the opportunity to start or acquire a family based fast food shop. Circumstances permit the purchase of an operating business at a good location and negotiations have established a fair price. The location is valuable as it provides for office, some industrial and passing trade. It is a 7 day business location which is suitable for a family operation.
Peter Rossi works in his family’s fast food shop during and after his school years and is acquainted with the personal involvement and many tasks. Elinda Rossi has retail experience the children, ages 13 and 15, can assist with the business when not in school. Casual assistance will be needed during peak hours and for occasional work relief.
The business purchase price of $95,000 includes sale of the equipment which is two years old, the goodwill and the location lease which is registered. It is proposed that the Rossi’s savings of $25,000 be combined with the $30,000 given to them by parents and a bank loan of $40,000 over 5 year to buy the business. Rossi’s have a further $10,000 which will be used for operating funds during startup as some additional equipment is needed.
The forecast revenue and costs indicate that the bank loan can be re-paid on a $1,000 per month basis leaving sufficient income for the family and wages for casual labor. The goal of the venture is to build the business over a 5 year period and sell it with increased goodwill before the present 10 year lease is too close to re-negotiation; 8 years remain on the lease at present. It is estimated that the value for re-sale in 5 years will be substantially in excess of the $95,000 purchase price, the bank loan will be paid off and a modest income will have been obtained by the family during the period. At this point, a new enterprise will be considered possibly a local restaurant or retail venture.
Random Posts
29 Comments for this entry
Leave a Reply
-
Hi! Welcome to Finance & Business | Accounting Principles!
Thanks for dropping by! Feel free to join the discussion by leaving comments, and stay updated by subscribing to the RSS feed. See ya around!
Stats
May 2nd, 2010 on 5:04 pm
Hi, Really cool post. Such insighful writing is rare these days. Informed comment like this has to be applauded. I’ll certainly be looking in on this blog again soon! Seductive guide
May 3rd, 2010 on 11:29 am
Great post!
May 4th, 2010 on 1:07 am
thanks for the data. Ps. I like sandwiches
May 6th, 2010 on 5:50 am
Your Blog theme is kind of bland in my opinion, I love your posts but maybe you should update it sometime soon, don’t take it wrongly!
May 7th, 2010 on 12:37 am
Will be back soon, lovely post, thanks again have bookmarked you!
May 8th, 2010 on 9:33 am
Wonderful to read!
May 11th, 2010 on 5:40 pm
Hello, I have been reading your sites content for a while now, actually, probably since you started. It consists of very intriguing and informative content. I love to start my day off at times just by browsing through and seeing if there is anything new up on the site. Good work, I really hope you can get in touch with me and we can possibly have a chat together. Would love that.
May 17th, 2010 on 8:22 am
It was very helpfull thank you so much for sharing. I will share it with my friends. Thanks
May 28th, 2010 on 11:48 pm
Interesting post, much appreciated.
June 3rd, 2010 on 3:45 pm
Hello! gfabebg interesting gfabebg site!
June 7th, 2010 on 6:54 pm
I agree with your point of view, but I also have their own ideas, such as …
June 8th, 2010 on 6:35 pm
This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work.
June 9th, 2010 on 10:31 pm
Keep posting stuff like this i really like it
June 26th, 2010 on 5:57 am
I just wanted to say your website is one of the nicely laid out, most inspirational I have come across in quite a while. Thx!
June 26th, 2010 on 9:27 am
From the Queen of Jordan to the Hollywood star,from the royal nobles to the fashionable,all women are revel in have a pair of christian louboutin heels.All of the products on our website nike air max are authentic.
Wearing MBT Shoes walking can effectively exercise the small muscles around the joints, strengthen muscles, burn more fat. Meanwhile, mbt shoes reviews with a high degree of about 5 cm, can reach the effect of implicit higher. GHD Straightener has made its stable status in hairdressing market, followed by numerous innovations of technology. christianlouboutin0626
June 28th, 2010 on 6:29 am
Hey! This is really cool, exactly what I was looking for. The designs here are so fabulous!. Thanks for uploading this stuff.
July 1st, 2010 on 5:00 am
Hi – very good web site you have made. I enjoyed reading this posting. I did want to issue a comment to tell you that the design of this site is very aesthetically sweet.
July 1st, 2010 on 4:42 pm
Hello! ebcbabb interesting ebcbabb site!
July 3rd, 2010 on 8:41 pm
Well, the post is definitely the freshest on this noteworthy topic. I concur with your conclusions and will eagerly look forward to your incoming updates. Saying thanks is not going to just be satisfactory, for the phenomenal lucidity in your writing. I will quickly grab your rss feed to remain informed of any updates. Delightful perform and a lot success inside your company dealings download pokemon black and white rom
July 5th, 2010 on 5:18 am
I have met some really neat people through the comments, I certainly want to encourage more me to comment. Thanks for the tips!
July 5th, 2010 on 10:24 pm
I really enjoyed this! I think that this is one of the best titles availabe currently. I hope they continue making this series for quite awhile, I’m hopelessly addicted to this game series.
July 6th, 2010 on 5:21 pm
What basically captcha code?, pls provide me captcha code codes or plugin, Thanks in advance.
July 7th, 2010 on 5:33 pm
What a fantastic article,and the blog theme is so Beautiful,could you tell me where can download this theme.
July 8th, 2010 on 9:14 am
Hi, i just thought i’d post and also let you know your blogs layout genuinely actually messed up on real K-Melon browser. Anyhow sustain up distinct really work.
July 8th, 2010 on 3:51 pm
A soft answer turneth away wrath
July 9th, 2010 on 2:13 am
Awesome work. I always find very unique posts here on your Blog.
July 9th, 2010 on 1:50 pm
OK good to see- useful blogs are always sweet! See yas.
July 10th, 2010 on 7:27 am
I like the way your site is laid out and how you have the information on it.
July 16th, 2010 on 12:23 am
I dont know what to say. This can be absolutely among the better blogs Ive go through. Youre so insightful, have much genuine stuff to bring for the table. I wish that more individuals understand this and get what I got from it: chills. Wonderful employment and good weblog. I cant wait to examine far more, preserve them comin!