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Year 1 Sales Cost of Sales Gross Profit $80,000 $100,000 ($20,000)

Year 2 $200,000 $120,000 $80,000

Year 3 $240,000 $140,000 $100,000

Year 4 $320,000 $160,000 $160,000

Year 5 $400,000 $180,000 $220,000

Expenses for each year: $50,000 (estimated sales for first 5 years of operation) -#s based off of quarterly report for Mister Donut in 2013 -#s in USD We plan to reach 30% of market share of donut market (in Bahamas) at the end of 2nd year and increase to 50% of market share at the end of 4th year. We plan to gain profit at the beginning of 3rd year. (in 2013, in 1st quarter of Japanese year, Mister Donut (all countries) made 40,635 (in millions of yen)= net sales http://www.duskin.co.jp/english/ir/pdf/2013_1q.pdf (this is my reference^) does it makes sense? Im not surebut Morimoto said as long as its not a gut feeling that we came up with these numbers, its fine. *feel free to change the numbers Iona!

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