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Travel Agent Feasibility
Travel Agent Feasibility
Travel Agent Feasibility
TRAVEL AGENT
MULTAN CANTT
ORGISNATIONAL SETUP
CHIEF EXECUTIVE
SALES STAFF PRODUCTION STAFF
ADMINISTRATIVE
STAFF
TRAVERL AGENT FEASIBILITY
MULTAN CANTT
TRAVEL AGENT
MULTAN CANTT
L I S T O F C O N T E N T S
1 PROJECT SUMMARY 1
4 MARKETING 4
5 COST OF PROJECT 5
8 FORECAST OF EARNING 8
9 BALANCE SHEET 9
12 SALES ESTIMATED 12
13 MANPOWER 13
14 ADMINISTRATIVE ACCOUNT 14
15 APPORTIONMENT OF EXPENSES 15
16 FINANCIAL CHARGES 16
17 REPAYMENT SCHEDULE 17
22 VALUE ADDED 22
TRAVEL AGENT
MULTAN CANTT
Rupees
PROJECT SUMMARY
CNIC # 36302-3677761-1
CELL # 0333-6108963
E-MAIL # forzohaib@gmail.com
PURPOSE OF LOAN FOR land, building, electric installation, furniture & fixture & office equipment.
DEBT 290,161
EQUITY 130,982
TRAVEL AGENT
MULTAN CANTT
LOCATION
TRAVEL AGENT sole proprietor will be situated in MULTAN Cantt Insha Allah. This location is also suitable for the following
reasons.
1. AVAILABILITY OF LABOUR
2. AVAILABILITY OF INFRASTRUCTURE
Power,gas, communication roads etc. are available in multan and is connected with other parts of the country through
3. Free from other environmental hazards like water logging , floods , salinity etc.
3
TRAVEL AGENT
MULTAN CANTT
Rupees
LAND
TRAVEL AGENT
MULTAN CANTT
MARKETING
There is a big demand of travel agents in the city and demand is increasing day by day.
5
TRAVEL AGENT
MULTAN CANTT
Rupees
COST TO BE MET
Cost already
PARTICULARS
Met Sponsors Loan Total G. TOTAL
Land - - - - -
CONTINGENCIES - - - - -
Debt 290,161
Sponsors 130,982
Total 421,143
Notes:
A) Project cost includes land, building, electric installation, furniture & fixture, office equipment, preliminary & contingencies Rs. 1,266,888/
TRAVEL AGENT
MULTAN CANTT
Rupees
LAND - - -
- - -
TOTAL -
7
TRAVEL AGENT
TRAVEL AGENT
MULTAN CANTT
Rupees
FORECAST OF EARNING
SALES OF TICKETS 16,800,000 18,000,000 19,200,000 20,400,000 21,600,000 21,600,000 21,600,000 21,600,000
PURCHASE OF TICKETS (16,023,000) (17,167,500) (18,312,000) (19,456,500) (20,601,000) (20,601,000) (20,601,000) (20,601,000)
GROSS COMMISSION 777,000 832,500 888,000 943,500 999,000 999,000 999,000 999,000
ADMINISTRATIVE EXPENSES
Wages & Salaries 432,000 453,600 476,280 500,094 525,099 551,354 578,921 607,867
Repair & Maintenance 12,000 13,200 14,520 15,972 17,569 19,326 21,259 23,385
Operating Expenses 553,715 580,137 607,940 637,201 667,999 700,418 734,548 770,482
Operating Profit 223,285 252,364 280,060 306,299 331,001 298,582 264,452 228,518
NON-OPERATING EXPENSES
Financial expenses (22,125) (19,223) (16,322) (13,420) (10,518) (7,617) (4,715) (1,814)
Profit before taxation 201,160 233,140 263,738 292,879 320,483 290,965 259,737 226,704
Profit after taxation 181,044 209,826 237,364 263,591 288,435 261,868 233,763 204,034
Profit Transferred to Balance Sheet 153,887 178,352 201,759 224,052 245,170 222,588 198,699 173,429
TRAVEL AGENT
MULTAN CANTT
Rupees
CURRENT ASSETS
--------------
Cash/Bank 21,143 163,839 329,731 516,522 722,818 947,137 1,139,889 1,304,941 1,440,496
Advances/ Prepayments - 152,648 160,280 168,294 176,709 185,545 194,822 204,563 214,791
Trade Debtors - 305,214 335,735 369,309 406,240 446,864 491,550 540,705 594,776
CURRENT ASSETS 21,143 621,701 825,747 1,054,125 1,305,767 1,579,546 1,826,262 2,050,210 2,250,064
News Paper Halka-600 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
FIXED ASSETS :
Fixed Assets 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000
Depreciation - (37,500) (75,000) (112,500) (150,000) (187,500) (225,000) (262,500) (300,000)
Net Fixed Assets 375,000 337,500 300,000 262,500 225,000 187,500 150,000 112,500 75,000
TOTAL ASSETS 421,143 984,201 1,150,747 1,341,625 1,555,767 1,792,046 2,001,261 2,187,709 2,350,063
LIABILITIES & EQUITY
CURRENT LIABILITIES
-------------------
Bank Borrowing - - - - - - - - -
Taxation - 20,116 23,314 26,374 29,288 32,048 29,097 25,974 22,670
Creditors - 425,325 446,591 468,921 492,367 516,985 542,834 569,976 598,475
Total Current Liabilities - 445,441 469,905 495,295 521,655 549,033 571,931 595,950 621,145
Bank Gurantee - - - - - - - - -
SUPPLIERS CREDIT
NBP Loan 290,161 253,891 217,621 181,351 145,080 108,810 72,540 36,270 (0.00)
Partner's Capital 130,982 130,982 284,869 463,221 664,980 889,032 1,134,202 1,356,790 1,555,489
Profit for the Year - 153,887 178,352 201,759 224,052 245,170 222,588 198,699 173,429
Total Equity 130,982 284,869 463,221 664,980 889,032 1,134,202 1,356,790 1,555,489 1,728,918
Total Liab. + Equity 421,143 984,201 1,150,747 1,341,626 1,555,767 1,792,045 2,001,261 2,187,709 2,350,063
0 0 0 (0) (0) 1 (0) 0 (0)
10
TRAVEL AGENT
MULTAN CANTT
Rupees
CASH FLOW STATEMENT
Creditors, Accruals and Other Payables - 445,441 24,464 25,390 26,360 27,378 22,898 24,019
Changes in Working Capital - 273,364 276,174 301,362 324,813 346,420 305,016 267,075
Less: Payments
Cash Flow From Operating Activities - 231,123 233,636 258,666 282,105 303,854 268,302 236,386
Bank Guarantee - - - - - - - -
Increase/(Decrease) in Lease Liability 290,161 (36,270) (36,270) (36,270) (36,270) (36,270) (36,270) (36,270)
Net Cash from Financing Activities 421,143 (63,427) (67,744) (71,875) (75,809) (79,535) (75,550) (71,335)
and Cash Equivalent (A+B+C) 21,143 142,696 165,892 186,792 206,296 224,318 192,752 165,051
Beginning Of The Year - 21,143 163,839 329,731 516,522 722,818 947,137 1,139,889
end of the year 21,143 163,839 329,732 516,523 722,819 947,135 1,139,890 1,304,939
ANNUAL PURCHASES
Brand Supplier oduct mix % Annual Sale commission Annual IncomeMonthly Sal Monthly Purchases
PIA PIA 12.50% 3,000,000 2% 60,000 250,000 245,000
SAUDI ALIRLINE IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
SHAHEEN IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
EMIRATES IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
SRILANKA IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
EITHAD IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
QATAR IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
GULF IATA 12.50% 3,000,000 5% 150,000 250,000 237,500
100.00% 24,000,000 1,110,000 2,000,000 1,907,500
Purchases of tickets
63,583 Rupees Daily
1,907,500 Rupees Monthly
22,890,000 Rupees Anually
Sales of tickets
Daily Sale of tickets 66,667 Rupees Daily
Monthly Sale of tickets 2,000,000 Rupees Monthly
Anually Sales of tickets 24,000,000 Rupees Anually
AT 100 % CAPACITY
CAPACITY USED 70% 75% 80% 85% 90% 90% 90% 90%
Total annual cost of Air Tickets 16,023,000 17,167,500 18,312,000 19,456,500 20,601,000 20,601,000 20,601,000 20,601,000
TOTAL ANNUAL COST 16,023,000 17,167,500 18,312,000 19,456,500 20,601,000 20,601,000 20,601,000 20,601,000
Rupees
POWER / FUEL
Rupees
Electric Expenses
TRAVEL AGENT
MULTAN CANTT
Rupees
SALES ESTIMATES
CAPACITY USED 70% 75% 80% 85% 90% 90% 90% 90%
SALES VOLUME
Sale of tickets 16,800,000 18,000,000 19,200,000 20,400,000 21,600,000 21,600,000 21,600,000 21,600,000
TOTAL ANNUAL REVENUE 16,800,000 18,000,000 19,200,000 20,400,000 21,600,000 21,600,000 21,600,000 21,600,000
TRAVEL AGENT
MULTAN CANTT
Rupees
MANPOWER PLAN
Employees Month
--------------------------
144,000
Employees Month
--------------------------
288,000
TOTAL SALARY 432,000 453,600 476,280 500,094 525,099 551,354 578,921 607,867
14
TRAVEL AGENT
ADMINISTRATIVE ACCOUNT
ADMINISTRATIVE EXPENSES
Wages & Salaries 432,000 453,600 476,280 500,094 525,099 551,354 578,921 607,867
Repair & Maintenance 12,000 13,200 14,520 15,972 17,569 19,326 21,259 23,385
TRAVEL AGENT
MULTAN CANTT
Rupees
APPORTIONMENT OF EXPENSES
- 25,000.00 -
Contingencies - - -
- 25,000.00 0
DEPRECIATION SCHEDULE
PARTICULARS Cost Rate 1st 2nd 3rd 4th 5th 6th 7th
Land 0 0% - - - - - - -
Building 0 5% - - - - - - -
Electric Installations 25,000 10% 2,500 2,500 2,500 2,500 2,500 2,500 2,500
Furniture & Fixtures 200,000 10% 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Office Equipment 150,000 10% 15,000 15,000 15,000 15,000 15,000 15,000 15,000
TRAVEL AGENT
MULTAN CANTT
Rupees
FINANCIAL CHARGES
Mark-up on NBP Loan @ 8 % 22,125 19,223 16,322 13,420 10,518 7,617 4,715 1,814
- - - - - - - -
- - - - - - - -
Repayment-NBP LOAN 36,270 36,270 36,270 36,270 36,270 36,270 36,270 36,270
Cumulative Payments 36,270 72,540 108,810 145,080 181,351 217,621 253,891 290,161
17
TRAVEL AGENT
MULTAN CANTT
Rupees
LEASING BANK
TRAVEL AGENT
MULTAN CANTT
(000)
3RD YEAR
------------
19,200,000
18,595,660
(12,722) x 100
18,595,660
TRAVEL AGENT
MULTAN CANTT
Rupees
3RD YEAR
-----------
Sales 19,200,000
Contribution 18,595,660
23,549 X 100
18,595,660
TRAVEL AGENT
MULTAN CANTT
000
Net Profit 181,044 209,826 237,364 263,591 288,435 261,868 233,763 204,034
Financial Charges (22,124.77) (19,223.16) (16,321.55) (13,419.94) (10,518.33) (7,616.72) (4,715.11) (1,813.51)
Financial Charges (22,124.77) (19,223.16) (16,321.55) (13,419.94) (10,518.33) (7,616.72) (4,715.11) (1,813.51)
With dep. 0.0 13.4 13.4 13.0 12.6 12.2 10.2 8.4
Without dep. 0.0 11.2 11.2 11.1 10.9 10.8 8.9 7.3
21
TRAVEL AGENT
MULTAN CANTT
Rupees
------ ------
421,143 69,720
------ ------
TRAVEL AGENT
MULTAN CANTT
000
VALUE ADDED
Less:
Admn. expenses 553,715 580,137 607,940 637,201 667,999 700,418 734,548 770,482
Value Added 16,246,285 17,419,864 18,592,060 19,762,799 20,932,001 20,899,582 20,865,452 20,829,518
23
TRAVEL AGENT
MULTAN CANTT
000
Net Profit 181,044 209,826 237,364 263,591 288,435 261,868 233,763 204,034
Remaining Balance 229,756 13,903 (225,356) (486,908) (769,578) (1,029,666) (1,265,864) (1,476,793)
TRAVEL AGENT
MULTAN CANTT
Rupees
----------------------------------------------------------------
0 - - - - (421,143)
65.06%