Post on 02-Feb-2016
description
Canine TimeCanine Time
Nicole Hendershot
Jennifer Johnson
Stephanie Liel
Whitney Loomis
Jourdan Willard
• Indoor dog park - 15,000 sq ft climate controlled indoor play area for all dogs
• Fenced in area for dogs
• Area for Large dogs
• Area for small dogs and puppies
• Pet store located inside
• Grooming shop
• Doggy Day Care
• K9 Grass California Field
Canine TimeCanine Time
Business DescriptionBusiness Description
Proprietary Rights:
• Disclaimer Forms
• Insurance
• Limited Liability Contract (LLC)
• Certifications: PCSA & CCPDT
• Patent
Industry Industry
SIC/NAICS: 0752/812910
• There are no indoor dog parks in the Sacramento area, or anywhere in California.
• There are 2,300 indoor dog parks throughout the US
•Mostly locally owned.
• Pet Care Services Association (PCSA)
• Mature Stage
• 49 companies stated a 21+ years of success.
MarketMarket
• The Sacramento area large dog population is over 300,000.
• 85% of tenants own dogs down the street from our building
• People are becoming new dog owners everyday.
• No other indoor parks in the area.
• Spending on pets has doubled from $17 billion in 1994 to a projected $34.3 billion for 2004.
• Pet industry is 60% larger than the toy industry
• 33% larger than the candy industry
• People find animals comforting and like family
Management TeamManagement Team
Nicole Hendershot
Jennifer Johnson
Stephanie Liel
Whitney Loomis
Jourdan Willard
Finance ReportsFinance Reports
Sources of Funds Sales of Common 10,000.00 Long Term Loan 300,000.00Total Sources of Funds 310,000.00
Uses of Funds Leasehold Improvement 10,000.00 Furniture & Fixtures 16,000.00 Equipment Purchases 69,000.00 Building 160,000.00 1 Yr Liability Insurance 3,000.00 Inventory Purchases 8,000.00 Operating Capital 44,000.00Total Uses of Funds 310,000.00
Finance ReportsFinance ReportsTotal Sales
0.00
200,000.00
400,000.00
600,000.00
800,000.00
1,000,000.00
1,200,000.00
1 2 3 4 5
Year
Dollar
Am
ou
nt
Total Sales
Finance ReportsFinance Reports
Net Income After Taxes
-150,000.00
-100,000.00
-50,000.00
0.00
50,000.00
100,000.00
150,000.00
200,000.00
250,000.00
300,000.00
350,000.00
1 2 3 4 5
Year
Dollar
Am
ou
nt
Net Income After Taxes
Operating Expenses Rent 180,000.00 185,400.00 190,962.00 196,690.86 202,591.59 Payroll 100,000.00 100,000.00 135,000.00 135,000.00 170,000.00 Payroll Taxes 20,000.00 20,000.00 27,000.00 27,000.00 34,000.00
Employess Benefits 9,600.00 9,600.00 14,400.00 19,200.00 24,000.00 Utilities 4,200.00 4,326.00 4,455.78 4,589.45 4,727.14
Grooming Supplies 7,500.00 10,402.50 18,980.00 27,835.00 37,085.00 Repair & Maintanance 0.00 6,000.00 6,180.00 6,365.40 6,556.36 Advertising 18,000.00 22,121.25 30,619.00 39,511.00 49,271.75 Depreciation 32,000.00 40,800.00 47,300.00 50,300.00 53,200.00 Interest Expense 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 General & Administration 2,500.00 3,500.00 4,000.00 4,500.00 4,500.00 Arena Cleaning Expenses 2,000.00 2,000.00 3,000.00 4,000.00 5,000.00 Liability Insurance 24,000.00 24,000.00 28,000.00 28,000.00 30,000.00 Disposal Fees 480.00 480.00 480.00 480.00 480.00Total Expenses 415,280.00 443,629.75 525,376.78 558,471.71 636,411.83
Finance Reports - Income StatementFinance Reports - Income Statement
CompetitionCompetition
There are 15 outdoor dog parks in the Sacramento area.
• City owned, number of employees will vary
• Size: 0.5 acres to 2.5 acres
• Amenities: Lakes, water fountains for dogs, benches, fenced in for dog safety, dog obstacle course, natural grass, and turf
• Free for everyone
CompetitionCompetition
K9 KINGDOM•Location: Wexford, PA
• Employees: Owner, groomer, and 2 specialists
• Size: 4,000 + Sq Ft
• Amenities: Doggie daycare, doggie training, indoor dog park, self-service dog wash, professional grooming, pet limo, and overnight boarding
• Sales: Overnight boarding- $30/night, doggie daycare- $7-$25/2 hours-12 hours, indoor dog park- $6 per dog, self service dog wash- $10-$15, dog training - $60 per session, pet limo - $20 round trip or $15 one way.
Milestone PlanMilestone Plan• Location June 1st
• Capital financing July 1st
• Building improvements July 31st
• Building permits and business licenses January 1, 2010
• Certification training program: PCSA & CCPDT April 1, 2010
• Preview day “soft opening” May 1, 2010
• Grand opening June 1, 2010
ConclusionConclusion
• Costs exceed profits
• Our inexperience
• Large debt
• Individual debt
• Our age