UFO RESTAURANT

                                                                      Projected Balance Sheet

                                                                                Year 1 - Year 3

 

Year 1 Year 2 Year 3
Assets
Cash $210,000 $1,167,000 $3,412,000
Inventory 150,000 300,000 400,000
Loan 1,000,000 1,000,000 1,000,000
Building & Equipt. 6,000,000 6,000,000 6,000,000
Accum. Depreciation (150,000) (300,000) (450,000)
License 250,000 250,000 250,000
Deposits 30,000 30,000 30,000
Organization Expenses 425,000 425,000 425,000
Total Assets $7,915,000 $8,872,000 $11,067,000
Liabilities
Accounts Payable $24,000 $73,000 $146,000
Retained Earnings (109,000) 799,000 2,921,000
Capital Stock 500,000 500,000 500,000
  Paid in Capital 7,500,000 7,500,000 7,500,000
Total Liabilities
and Stockholders $7,915,000 $8,872,000 $11,067,000

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                                                                      Income Statement