Page 4 - Microsoft Word - MARK BOYD BUSINESS PLAN PART REVISITED

Executive Summary

The proposed business concept is comprised of starting and operating a Retail Tyre and Service
Centre
The name of the business is: MB Tyre and Auto Centre

The potential market consists of a variety of vehicle owners, as well as car dealerships, haulage
and companies general public located in the area from which the business will ideally operate.

Financing to the amount of £67,500 is required to finance the purchasing of the required
equipment, machinery and consumables for the business' daily activities, the fitting out of the
building as well as to provide operational capital.

MB Tyre and Auto Centre is a new business that seeks financing to enter the market.

The entrepreneur has already identified suitable premises for this venture, as well as having
negotiated a renting agreement with the owner.

The intended premises are close to Main Street Ballyclare; which is one of the busiest streets in
Ballyclare as well as being the favoured location several commercial vehicle and transport
companies
The projected financial performance of this business over a three year period is reflected in the
graph below: See details in Income statement years 1-3

Sales £276400 £331,680 £407,966
Cost of

Goods £158,375 £190,550 £233,761.50

Gross Profit £118,025 £141,630.00 £174,204.90

Margin 43.00% 43.00% 43.00%
Net Profit
Before Tax £41,929.13 £57,612.86 £73,899.88

Key Financials

£500,000

£400,000

£300,000

£200,000

£100,000

£0
Sales Cost of Goods Gross Profit Net Profit Before Tax

Series1 Series2 Series3

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