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Financial Data -Sources & Uses of Funds
<br />Elk River Pizza Ranch
<br />Sources of Funds
<br /> Low Hi h
<br />
<br />Cash From Owners $ 300,000 19% $ 300,000 18%
<br />Loan $ 1,200,850 75% $ 1,303,670 77%
<br />Elk River HRA $ 90,000 6% $ 90,000 5%
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<br />Total Sources of Funds $ 1,590,850 100% $ 1,693,670 100%
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<br />Uses of Funds
<br />Construction Costs:
<br />FF & E $ 312,900 $ 312,900
<br />Purchase Buildin $ 625,000 $ 650,000
<br />Leasehold Im rovements 5962s ft) $ 447,150 $ 506,770
<br />Si na e $ 10,000 $ 10,000
<br />Elk River WAC/SAC 220 Seats $ 72,000 $ 72,000
<br />Parkin Lot Ex ansion $ 30,000 $ 30,000
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<br />Other Openin Costs:
<br />Franchise fee $ 30,000 $ 30,000
<br />Pre-Openin Trainin Ex $ 20,000 $ 25,000
<br />O enin /Trainin Inventor $ 5,000 $ 7,000
<br />Start u Costs $ 23,800 $ 25,000
<br />Deliver Vehicles $ 10,000 $ 15,000
<br />Misc $ 5,000 $ 10,000
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<br />Total Uses of Funds $ 1,590,850 $ 1,693,670
<br />Breakdown of Loans Loan Amt Loan Amt
<br />Bank -Fund 50% 795,425 50% 846,835 50%
<br />SBA -Fund 35% 556,798 35% 592,785 35%
<br />Total 1,352,223 1,439,620
<br />Mo Debt/Lease Pa ments Pa ment Pa ment
<br />SBA - 20 r Amort, 6.5% $ 5,899 $ 6,280
<br />Bank - 20 r Amort, 6.5% $ 4,129 $ 4,396
<br />Total $ 10,027 $ 10,676
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