Income Statement (Estim

Revenue
Year 2018
Grocerry & Gen. Merchandise 10,800,000.00
Vegetables,Meat & Other 8,100,000.00
Total Revenue 18,900,000.00

Cost of Goods Sold

Grocerry & Gen. Merchandise 9,720,000.00
Vegetables,Meat & Other 7,087,500.00
Total Cost of Goods Sold 16,807,500.00

Gross Margin
Grocerry & Gen. Merchandise 1,080,000.00
% of Grocerry & Gen. Merchandise 10.00%
Vegetables,Meat & Other 1,012,500.00
% of Vegetables,Meat & Other 12.50%
Total Gross Margin 2,092,500.00

Operating Expenses
Marketing/Sales 50,000.00
% of Gross Margin 2.39%
Salary 1,200,000.00
% of Gross Margin 57.35%
Rent and Petrol/Diseal 172,100.00
% of Gross Margin 8.22%
Total Operating Expenses 1,422,100.00
% of Gross Margin 67.96%

Income Before Int & Taxes 670,400.00

% of Gross Margin 32.04%

Interest Expense 0.00

Intrest Revenue 0.00

Income Before Taxes 670,400.00

Interest Expense 0.00
Net Income Before Taxes 670,400.00
% of Gross Margin 32%
Income Statement (Estimated)

2019 2020
18,900,000.00 28,800,000.00
14,400,000.00 21,600,000.00 CAGR
33,300,000.00 50,400,000.00 38.67%

16,632,000.00 25,200,000.00
12,240,000.00 17,820,000.00
28,872,000.00 43,020,000.00

2,268,000.00 3,600,000.00
12.00% 12.50%
2,160,000.00 3,780,000.00
15.00% 17.50% CAGR
4,428,000.00 7,380,000.00 52.22%

70,000.00 100,000.00
1.58% 1.36%
2,544,000.00 3,984,000.00
57.45% 53.98%
516,300.00 860,500.00
11.66% 11.66%
3,130,300.00 4,944,500.00
70.69% 67.00%

1,297,700.00 2,435,500.00
29.31% 33.00%

0.00 0.00
0.00 0.00

1,297,700.00 2,435,500.00
0.00 0.00
CAGR
1,297,700.00 2,435,500.00 53.73%
29% 33%
 1,188,111.90 857,517.64
1,009,599.48 731,388.85
178,512.42 126,128.79
15.02% 14.71%

18,947.32
1.59%

12,180.39
1.03%

12,602.09
1.06%

63,200.21
5.32%

74,711.27
6.29%

1,116,529.49
93.98%

1,036,895.42
87.27%

Est. NIBT for 15 Cities

36,532,500.00