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Transcript of Paintball Elements
• Reason: In Pennsylvania, we have to face all the elements of weather such as rain, sleet, snow, and sun.
Name: Paintball Elements
• Service: Rent out both Paintball equipment and the use of fields to both private parties and “free play”.
Type of Business
• Status: Start-up• Legal Form: S-Corperation • Reason: liablilities
Form And Status
• Free standing building with 21.3 acres for paintball fields.
• Lincoln Rd Penn Hills, PA 15235
Hours of Operation
• 11am – 5pm Sat-Sun
• 5pm-10pm (Night w/ lights) Fri-Sat
• 10am-5pm (Reservations) Mon-Fri
• Moderate Price Range• Average
spending per person: $50• (Paintball
is an expensive sport)
• Focus on rental fees, not paint
• Rentals• Field Renting
• Mainly “free” play
• Paintballs, guns, air compression, mask, pods, barrel plugs.
Hours, Pricing, and Products
Provide paintball service like no other in Pittsburgh.
Introduce a new pricing plan than competitors that save money for both the business and consumer by cutting out the middle man.
Become successful enough to eventually expand.
Goals and objectives
I have been playing Paintball for many years.My brother and I have always been looking
for a good place to playWe finally settled at three rivers but dislike
the service and the prices. The only reason we go is because of the
convenience of its proximity
CashierMust ring up any new entriesKnowledge of basic paintball subjectsFill up empty tanks of players
RefereeMust put together teams and games for playersIn control of each party that is playingMust maintain the safety of all players and
Fix any problems with guns and equipmentMaintain all inventory/stock
Employees will work mostly on minimum wage ($7.25 per hour)
Minimum of 12 Referees8 Cashiers6 Maintenance Workers
Total of about 700 working hours a month27 working hours per Employee$5000 dollars a month
First place to look would be high schools.Preferably juniors and seniors with paintball
experience.If not enough, then fliers around the local
areaThis will allow easy commute for workers
Interview promising applicantsLook for some knowledge of paintball and/or
competence.Train those who need it in the fields that they
will be performing.
Job Specification FormCompany: Paintball ElementsJob Title: Referee Rate of Pay: From $7.25 to $8.00 per hour Previous Job in Organization Chart: NoneNext Job in Organization Chart: NoneSupervisor’s Job Title: Owner – Jacob Stoy QualificationsEducation: 10th grade high school or above. Experience: Some paintball experience required. Physical Requirements: Move around quickly – good eyesight and judgment in all
things paintball. Specific Skills or Abilities Required: Count even teams, fix minor problems on guns,
chronograph paintball speed. Training provided: Rules of paintball, shadowing trained referees. Job RequirementsMajor Job Tasks: Referee paintball matches, ensure the safety of players by enforcing
rules, provide help to customers in all things paintball.
Job Specification form cont.Specific Job Duties:
Provide help with minor gun problemsChronograph guns to ensure safe FPSReferee games to ensure player safetyDiscuss rules with all players to ensure no confusion.
Number of work hours Required per weekMaximum: 25 Minimum: 15
Normal Work Schedule:
Daily: 5 hour days Mon-Thu Mon-Thurs: 12pm-5pmFriday: 5 hour shifts (morning and night) Friday: 12pm-5pm; 5pm-10pmWeekly: 6 hour Work days (weekends) Sat-Sun: 11am-5pm
Employee Benefits Provided:Vacation: Non-paidInsurance: None
Other: Free use of fields to employees.
Why are we better?Different pricing strategy that
saves both the consumer and the company money
Better location that allows more people to easily get to our fields
Better service to each individual player from novice to pro
Us Versus the Competition
All paintball players from pros to novicesFree play
Target kids to young adults from 16 to 30Well set up fields attract the more experienced
playersFriendly service to those new to paintball
Private PartyTarget anyone who wants to paintball with people
they knowCompany outings, Bachelor parties, birthday parties,
etc.Good prices and service
15 dollar admission50 dollar paintFree airCounts toward punch cardBig Themed battlesRaffles for gold, silver, and bronze passes
Cost: $250• Includes
free entry and air for a year.
Cost: $200• Includes
free entry for a year.
entry, rental, and air
for a year
GOLD SILVER BRONZE
Gold MemberName: John Smith
BACKBenefits of gold membership include
free admission, free air/co2 refills, and MVP service.
Caution: Paintball is a dangerous sport, the user of this card assumes all risk and liability associated
with paintball while on the fields.
Splatter CardBuy 10 admissions get 11th Free
Paintball ElementsEquipment List
Note: List any Equipment needed for start-up
Required Equipment for Start Up Amount Total Resource
Computer(s) $ 500.00 ebay Printer(s) $ 200.00 ebay Phone(s) $ 50.00 ebay Web Page $ 300.00 ebay Cash Register(s) $ 400.00 ebay
Total Technology Cost $ 1,450.00
EquipmentAir/CO2 Compressor $ 6,000.00 ebay 50 rental guns $ 8,000.00 ebay 75 rental tanks $ 4,000.00 ebay Repair tools $ 1,000.00 ebay Other parts/rentals $ 3,000.00 ebay
Total Equipment Cost $ 22,000.00
Furniture & Fixtures
Building $ 100,000.00
Total Furniture Cost $ 100,000.00
Land $ 120,000.00 Battlefield props $ 3,000.00 ebay Battlefield tools $ 250.00 ebay
Total Cost of Other Assets $ 123,250.00
TOTAL COST OF EQUIPMENT $ 246,700.00
Start Up Costs
Note: Required Start-up Funds for New Business
Required Start-Up Funds Amount TotalsFixed Assets
Technology $ 1,450.00 Equipment $ 22,000.00 Furniture and Fixtures $ 100,000.00 Other Fixed Assets $ 123,250.00
Total Fixed Assets $ 246,700.00
Start-up Costs (one-time)Legal and Accounting Fees $ 1,000.00 Licenses $ 1,000.00 Rent Deposit $ - Utility Deposit $ 250.00 Other one-time costs $ -
Total Start-up One-time Costs $ 2,250.00
TOTAL START-UP COSTS $ 248,950.00
Note: Copy from Income StatementOperating Expenses One-Month
Cost of Goods Sold $ 1,200.00 Owner's Yearly Salary $ 5,000.00 Wage Expense $ 5,000.00 Rent Expense $ - Advertising Expense $ 750.00 Supplies Expense $ 4,000.00 Utilities Expense $ 2,000.00 Cell phone & Internet $ 200.00 Insurance Expense $ 200.00
Total Operating Capital $ 18,350.00
Six-Month Operating Expenses + One-time Costs $ 110,100.00
Total Start-up Funds Required $ 359,050.00 **Start-up Funds + Six-Month Operating Expenses
Paintball ElementsIncome Statement
31-May-12 June July August September October November
Revenue from Sales $ 37,500.00 $ 33,750.00 $ 30,000.00 $ 25,000.00 $ 20,000.00 $ 17,000.00 Avg. Customers/Day 30 30 30 25 20 17 Avg. Purchase Price $ 50.00 $ 45.00 $ 40.00 $ 40.00 $ 40.00 $ 40.00 Days open per month 25 25 25 25 25 25 Cost of Goods from Sales $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 Avg. Industry Markup 50% 50% 50% 50% 50% 50%Gross Profit $ 36,300.00 $ 23,800.00 $ 23,800.00 $ 23,800.00 $ 23,800.00 $ 23,800.00 Operating Expenses: Owner's Yearly Salary $ 60,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 Wage Expense $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 4,500.00 $ 4,000.00 $ 3,500.00 Inventory Expense $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 3,500.00 $ 3,000.00 $ 2,500.00 Advertising Expense $ 750.00 $ 675.00 $ 600.00 $ 500.00 $ 400.00 $ 340.00 Supplies Expense $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 Utilities Expense $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 1,500.00 $ 1,500.00 $ 1,000.00 Cell phone & Internet $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 Insurance Expense $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 Loan Payment $ 3,635.21 $ 3,635.21 $ 3,635.21 $ 3,635.21 $ 3,635.21 $ 3,635.21
over 10 years
Total Operating Expense $ 24,785.21 $ 24,710.21 $ 24,635.21 $ 21,035.21 $ 19,935.21 $ 18,375.21 Net Income $ 11,514.79 $ 7,839.79 $ 4,164.79 $ 2,764.79 $ (1,135.21) $ (2,575.21)
Require a 360,000 dollar loanThis includes building, land, and set up feesAt 4% interest we expect to pay back the loan
in 10 years3,635 per month
With projected income, company should maintain substantial profit even while paying back loan