I. Executive Summary
This Section's Contents
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Business Overview
[Company Name] is a trusted freight company in [Location]. We proudly transport shipments of all types across any distance within the United States, from across town to across the country. We are committed to providing fast and cost-efficient transportation services to our clients while ensuring all shipments are safely and securely delivered.
Services
The following are the services that [Company Name] provides:
- Local and statewide shipping
- Shipping within the continental US
- International shipping
- Bulk shipments
Customer Focus
[Company Name] will primarily serve manufacturers and distributors operating within a 100-mile radius of [Location], as well as local households. The demographics of these customers are as follows:
- 150,000+ businesses and companies
- 61,347 residents
- Average household income of $87,100
Management Team
[Company Name]’s most valuable asset is the expertise and experience of its founder, [Founder’s Name]. With 10 years of experience as a freight broker, and a degree in Business Administration from University of ABC, he is uniquely qualified to lead the company to success.
Success Factors
[Company Name] is well-positioned to succeed for the following reasons:
- We will be one of the few freight brokerage companies in the area. Furthermore, we have surveyed the local population and identified the pain points left by other shipping companies.
- Our location is populated with a large contingent of regional transplants who have relatives living outside the area
- The management team has a track record of success in the industry.
- The freight brokerage business has proven to be a successful business in the United States.
Financial Highlights
[Company Name] is seeking total funding of $260,000 of debt capital to launch. The capital will be used for funding capital expenditures and location build-out, hiring initial employees, marketing expenses and working capital.
Specifically, these funds will be used as follows:
- Store design/build: $100,000
- Working capital: $160,000 to pay for marketing, salaries, and lease costs until [Company Name] is cash-flow positive
Topline projections over the next five years are as follows:
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
|---|---|---|---|---|---|
| Revenue | $738,000 | $1,716,272 | $2,007,297 | $2,331,125 | $2,694,524 |
| Total Expenses | $639,595 | $1,021,515 | $1,110,127 | $1,190,308 | $1,273,715 |
| EBITDA | $98,405 | $694,757 | $897,169 | $1,140,817 | $1,420,809 |
| Depreciation | $16,560 | $16,560 | $16,560 | $16,560 | $16,560 |
| EBIT | $81,845 | $678,197 | $880,609 | $1,124,257 | $1,404,249 |
| Interest | $18,554 | $16,235 | $13,916 | $11,596 | $9,277 |
| Pre Tax Income | $63,291 | $661,962 | $866,694 | $1,112,661 | $1,394,972 |
| Income Tax Expense | $22,152 | $231,687 | $303,343 | $389,431 | $488,240 |
| Net Income | $41,139 | $430,276 | $563,351 | $723,230 | $906,732 |
