YEAR 1 FY1

Assets

Cash 114,300.00 1,719,247.09

Inventory 198,700.00 218,600.00

Total Current Assets 313,000.00 1,937,847.09

Fixed Assets 1687000 1687000

Less: Depreciation 12,452.91

Net Fixed Assets 1,687,000.00 1,674,547.09

Total Assets 2,000,000.00 3,612,394.18

LIABILITIES AND EQUITY

DEBT 0 0

AP 198700 218,600.00

LIABILITY 1687000 1674547.09

EQUITY:

RETAINED EARNINGS 114,300.00 1,719,247.09

2000000 3,612,394.18
 FY2 FY3

3,388,965.11 5189835.13

245,200.00 298000

3,634,165.11 5487835.13

1687000 1687000

24,905.82 37,358.73

1,662,094.18 1,649,641.27

5,296,259.29 7,137,476.40

0 0

245,200.00 298,000.00

1,662,094.18 1,649,641.27

3,388,965.11 5,189,835.13

5296259.29 7137476.4
 2025 2026 2027

Cash In

Beginning Cash Balance 1,937,847.09 3,634,165.11 5,487,835.13

Laundry Revenue 3,366,000.00 3,646,800.00 4,307,500.00

Total Cash In 5,303,847.09 7,280,965.11 9,795,335.13

Cash Out

Permit and Licenses Renewal 12,550.00 12,550.00 12,550.00

Laundry Supplies 218,600.00 245,200.00 298,000.00

Salaries 416,400.00 487,200.00 570,000.00

Utilities 252,000.00 264,000.00 297,000.00

Marketing Expenses 180,000.00 120,000.00 100,000.00

Depreciation Expenses 12,452.91 12,452.91 12,452.91

Income Taxes 577,679.07 651,727.07 815,599.07

Total Cash Out 1,669,681.98 1,793,129.98 2,105,601.98

Ending Balance 3,634,165.11 5,487,835.13 7,689,733.15

3 YEARS FINANCIAL PROJECTION

FY 1 FY 2 FY 3

Revenue 2,640,600.00 3,366,000.00 3,646,800.00

Less: Prodction Cost

Raw Materials 198,700.00 218,600.00 245,200.00

Initial Expenditure 1,687,000.00 0.00 0.00

Prodction Cost 1,885,700.00 218,600.00 245,200.00

Gross Income 754,900.00 3,147,400.00 3,401,600.00

Less: Operating Expenses

Labor Cost 345,600.00 416,400.00 487,200.00

Overhead Expenses 234,000.00 252,000.00 264,000.00

Marketing 200,000.00 180,000.00 120,000.00

Pre-operating Expenses 25,000.00 12,550.00 12,550.00

Depreciation Cost 12,452.91 12,452.91 12,452.91

Total Operating Expenses 817,052.91 873,402.91 896,202.91

Net Taxable Income -62,152.91 2,273,997.09 2,505,397.09

Less: Income Tax 0.00 577,679.07 651,727.07

Net Profit -62,152.91 1,696,318.02 1,853,670.02

Net Sales Percentage (%) -2.35 50.40 50.83

 QTY UNIT PRICE TOTAL AMOUNT
FIXED ASSETS
LG Onyx Titan C-Max Stackable Wash and Dry Washing Machine 8 Unit 150,000 1,200,000.00
Installation and Store Interior Design 1 Lot 150,000 150,000.00
Point of Sale System 1 Set 150,000 150,000.00
E-Vechicle 1 Unit 75,000 75,000.00
Refrigerator 1 Unit 17,000 17,000.00
Weighing Scale 1 Unit 1,000 1,000.00
Iron 1 Unit 2,000 2,000.00
Tables and Chairs 1 Set 2,500 2,500.00
Hanging Stand System 1 Unit 500 500.00
CCTV System 1 Set 15,000 15,000.00
Fire Extinguishers 2 Pieces 2,500 5,000.00
Airconditioning Unit 2 Unit 25,000 50,000.00
Electric Fan 2 Unit 1,500 3,000.00
Vault 1 Unit 5,000 5,000.00
1,676,000.00
LAUNDRY SUPPLIES
Laundry Baskets 16 Pieces 100 1,600.00
Hanger 5 Dozen 300 1,500.00
Iron Board 1 Unit 500 500.00
3,600.00
RAW MATERIALS
Detergent 3 Gallon 2,000 6,000.00
Fabric Conditioner 3 Gallon 2,000 6,000.00
Finishing Spray 3 Gallon 200 600.00
Laundry Plastics 6 Packs 200 1,200.00
LPG 10 Tanks 2,100 21,000.00
34,800.00
OFFICE SUPPLIES
Printer 1 Unit 15,000 15,000.00
Printer Ink (CMYK) 4 Bottles 300 1,200.00
Laminating Machine 1 Unit 1,500 1,500.00
Laminating Film 1 Ream 500 500.00
Thermal Paper 12 Rolls 250 3,000.00
Scotch Tape 2 Box 500 1,000.00
Pentel Pen 6 Box 200 1,200.00
23,400.00
OVERHEAD COST
Electricity 1 Lot 7,000 7,000.00
Water 1 Lot 2,500 2,500.00
Communication 1 Lot 3,000 3000
Direct Labor 1 Lot 32,700 32,700.00
Marketing Expenses 1 Lot 17,000 17,000.00
62,200.00

TOTAL START-UP COST 1,800,000.00

 DEPRECIATION OF FIXED ASSETS
Particulars Purchase Price Qty Total Cost Life
LG Giant C+ Stackable Wash and Dry Washing Machine 150,000.00 8 1,200,000.00 10 years
Layout and Infrastracture 150,000.00 1 150,000.00 10 years
E-Vechicle 75,000.00 1 75,000.00 10 years
CCTV System 15,000.00 1 15,000.00 3 years
Weighing Scale 1,000.00 1 1,000.00 2 years
Iron 2,000.00 1 2,000.00 2 years
Tables and Chairs 2,500.00 1 2,500.00 3 years
Hanging Stand System 500.00 1 500.00 3 years
TOTAL DEPRECIATION COST

DEPRECIATION OF FIXED ASSETS

Particulars Purchase Price Qty Total Cost Life
LG Giant C+ Stackable Wash and Dry Washing Machine 150,000.00 8 1,200,000.00 10 years
Layout and Infrastracture 150,000.00 1 150,000.00 10 years
E-Vechicle 75,000.00 1 75,000.00 10 years
CCTV System 15,000.00 1 15,000.00 3 years
Weighing Scale 1,000.00 1 1,000.00 2 years
Iron 2,000.00 1 2,000.00 2 years
Tables and Chairs 2,500.00 1 2,500.00 3 years
Hanging Stand System 500.00 1 500.00 3 years
TOTAL DEPRECIATION COST
 FIXED ASSESTS AN
Depreciation Cost Particulars Qty
9,960.00 E-Vechicle 1
1,245.00 Refrigerator 1
622.50 Weighing Scale 1
417.00 Industrial Iron 1
41.67 Tables and Chairs 1
83.34 Hanging Stand System 1
69.50 CCTV System 1
13.90 Fire Extinguishers 2
12,452.91 Airconditioning Unit 2
Electric Fan 2
Vault 1
Total Fixed Assests and Equipment Expe

Depreciation Cost
9,960.00 1,190,040.00 9,877.33 1,180,162.67
1,245.00 148,755.00 1,234.67 147,520.33
622.50 74,377.50 617.33 73,760.17
417.00 14,583.00 405.41 14,177.59
41.67 958.33 39.93 918.40
83.34 1,916.66 79.87 1,836.79
69.50 2,430.50 67.57 2,362.93
13.90 486.10 13.51 472.59
12,452.91 1,433,547.09 12,335.62 1,421,211.47
 FIXED ASSESTS AND EQUIPMENT
Unit Amount Total
Unit 75,000 75,000.00
Unit 17,000 17,000.00
Unit 1,000 1,000.00
Unit 2,000 2,000.00
Set 2,500 2,500.00
Unit 500 500.00
Set 15,000 15,000.00
Pieces 2,500 5,000.00
Unit 25,000 50,000.00
Unit 1,500 3,000.00
Unit 5,000 5,000.00
Assests and Equipment Expenses 176,000.00

9,795.35
1,224.42
612.21
394.14
38.27
76.54
65.69
13.14
12,219.75
 PRICE
AVERAGE NO. OF LOADS
REVENUE
PER DAY
PER LOAD
Laundry Services:

Pick Up and Delivery 16 loads 170.00 2,720.00

Drop Off 12 loads 160.00 1,920.00

Large Items 5 loads 200.00 1,000.00

Self-Service 6 loads 125.00 750.00

Folding Services 6 loads 30.00 180.00

QUANTITY UNIT PRICE REVENUE

Ironing Services:

Large Items 5 items 15.00 75.00

Medium 10 items 10.00 100.00

Small 20 items 5.00 100.00

Consumables:

Detergent 6 sachet 14.00 84.00

Fabric Conditioner 6 sachet 6.00 36.00

Other Services:

Document Print (BW) 30 pages 5.00 150.00

Document Print (Colored) 10 pages 15.00 150.00

Photocopy 10 pages 2.00 20.00

ID Laminating 2 pieces 25.00 50.00

Total Average of Daily Revenue 7,335.00

Total Average of Monthly Revenue (Daily Revenue X 30 Days) 220,050.00

Total Average of Annual Revenue (Monthly Revenue X 12 Months) 2,640,600.00

 Quantity Unit Unit Cost Monthly Annualy
Pre-Operating Expenses
DTI Registration (Every 5 Years) - - - - 5,000.00
Barangay Permit - - - - 50.00
Mayor's Permit - - - - 12,000.00
BIR Registration - - - - 500.00
BIR Authorized Receipt - - - - 1,450.00
Personnel Training - - - - 6,000.00
25,000.00
Laundry Materials:
Laundry Baskets 16 Pieces 100.00 - 1,600.00
Hanger 5 Dozen 300.00 - 1,500.00
Laundry Plastics 2 Packs 200.00 - 400.00
Hanging Stand System 2 Pieces 500.00 - 1,000.00
Fire Extinguisher 2 Tank 2,500.00 - 5,000.00
9,500.00

Laundry Supplies:
Detergent 2 Gallon 2,000.00 4,000.00 48,000.00
Fabric Conditioner 2 Gallon 2,000.00 4,000.00 48,000.00
Detergent 300S 1 Box 3,000.00 3,000.00 36,000.00
Fabric Conditioner 300S 1 Box 1,200.00 1,200.00 14,400.00
Finishing Spray 3 Gallon 200.00 600.00 7,200.00
153,600.00
Office Supplies:
Printer Ink Black 1 Bottle 300.00 300.00 3,600.00
Printer Ink Cyan 1 Bottle 300.00 300.00 3,600.00
Printer Ink Magenta 1 Bottle 300.00 300.00 3,600.00
Printer Ink Yellow 1 Bottle 300.00 300.00 3,600.00
Laminating Film 2 Ream 500.00 - 1,000.00
Thermal Paper 4 Rolls 250.00 1,000.00 12,000.00
Scotch Tape 2 Box 500.00 - 1,000.00
Pentel Pen 6 Box 200.00 - 1,200.00
Bondpaper 1 Ream 500.00 500.00 6,000.00
35,600.00
Utilities:
Electricity - - - 7,000.00 84,000.00
Water - - - 2,500.00 30,000.00
Communication - - - 3,000.00 36,000.00
LPG 4 Tank 1,750.00 7,000.00 84,000.00
234,000.00
Marketing Materials
Panaflex Signage 1 Unit 20,000.00 20,000.00
Tarpaulin 20 Pieces 150.00 3,000.00 36,000.00
Personalized Printed Laundry Bags 30 150.00 4,500.00 54,000.00
Posters 100 20.00 2,000.00 24,000.00
Flyers 500 5.00 2,500.00 30,000.00
Stickers 200 15.00 3,000.00 36,000.00
200,000.00
Direct Labor Cost
Part-time Bookkeeper 1 Staff 8,000.00 8,000.00 96,000.00
Cashier 1 Staff 7,800.00 7,800.00 93,600.00
Machine Operator 1 Staff 6,500.00 6,500.00 78,000.00
Pickup and Delivery Personnel 1 Staff 6,500.00 6,500.00 78,000.00
345,600.00

Depreciation Cost Value Qty Total Cost Life Depreciation Cost

LG Giant C+ Stackable Wash and Dry Wash 150,000.00 8 1,200,000.00 10 yrs 9,960.00
Layout and Infrastracture 150,000.00 1 150,000.00 10 yrs 1,245.00
E-Vechicle 75,000.00 1 75,000.00 10 yrs 622.50
CCTV System 15,000.00 1 15,000.00 3 yrs 417.00
Weighing Scale 1,000.00 1 1,000.00 2 yrs 41.67
Iron 2,000.00 1 2,000.00 2 yrs 83.34
Tables and Chairs 2,500.00 1 2,500.00 3 yrs 69.50
Hanging Stand System 500.00 1 500.00 3 yrs 13.90
12,452.91

Total Projected Expenses 1,015,752.91

 PRE=-OPERATING ACTIVITIES
Activities Cost
Preparation of Business Plan -
Registration with Department of Trade and Industry 2,023
Registration with Barangay and Local Government Unit 15,000
Registration with Bureau of Internal Revenue 4,000
Soft Opening of Business
Total Pre-Operating Expenses 21,023
 DIRECT LABOR - FISCAL YEAR 1
Particulars Number Monthly Salary Annual Salary
Part-time Bookkeeper 1 8,000 96,000
Cashier 1 7,800 93,600
Laundry Staff 2 13,000 156,000
Total Direc Labor Expenses 345,600

DIRECT LABOR - FISCAL YEAR 4

Particulars Number Monthly Salary Annual Salary
Part-time Bookkeeper 1 15,000 180,000
Cashier 1 11,700 140,400
Laundry Staff 2 20,800 249,600
Total Direc Labor Expenses 570,000
 DIRECT LABORFISCAL - YEAR 2
Particulars Number Monthly Salary Annual Salary
Part-time Bookkeeper 1 10,000 120,000
Cashier 1 9,100 109,200
Laundry Staff 2 15,600 187,200
Total Direc Labor Expenses 416,400

DIRECT LABOR - FISCAL YEAR 5

Particulars Number Monthly Salary Annual Salary
Part-time Bookkeeper 1 15,000 180,000
Cashier 1 14,300 171,600
Laundry Staff 2 26,000 312,000
Total Direc Labor Expenses 663,600
 DIRECT LABORFISCAL - YEAR 3
Particulars Number Monthly Salary Annual Salary
Part-time Bookkeeper 1 12,000 144,000
Cashier 1 10,400 124,800
Laundry Staff 2 18,200 218,400
Total Direc Labor Expenses 487,200