The document provides an overview of service offerings, demand forecasts, sales projections, expenses, and cash flow projections for a proposed mobile spa business. Key details include: - Seven main service offerings with pricing ranges from $5,000-$250,000 per unit. Realistic annual demand forecasts range from 150-6,000 units. - Annual sales projections range from $25-54 million under pessimistic, realistic, and optimistic scenarios. Expenses include operating costs, depreciation, and interest payments. - $90 million in initial funding is required for vehicles, equipment, and working capital. Cash flow projections show positive NPV and IRR under realistic estimates. Sensitivity analysis shows the business

1. Mobile Spa Offerings
Average Unit Price range
Spa Gifts 7500 Per Gift 5000 - 15000
Spa Parties 50000 Per Party 35000-65000
Event Management 220000 Per Event 125000 - 250000
Airport / Transit Services 2500 Per User
Medical Spa 1500 Per User 1300 - 1800
Spa on Call 2500 Per User
Membership / package 10000 Per User 10000
Demand Forecast (units)
Pessimistic Realistic Optimistic
Spa Gifts 4 6 8 Daily
Spa Parties 3 5 7 Monthly
Event Management 6 8 10 Annual
Airport / Transit Services 10 18 20 Daily
Medical Spa 1 2 3 Daily
Spa on Call 5 10 15 Daily
Membership / package 150 200 250 Annual
No. Of days in year 300
No. Of Months in year 12
Demand Forecast (Annual) Pessimistic Realistic Optimistic
Spa Gifts 1200 1800 2400
Spa Parties 36 60 84
Event Management 6 8 10
Airport / Transit Services 3000 5400 6000
Medical Spa 300 600 900
Spa on Call 1500 3000 4500
Membership / package 150 200 250
Sales Annual
Pessimistic Realistic Optimistic
Spa Gifts 9,000,000.00 13,500,000.00 18,000,000.00
Spa Parties 1,800,000.00 3,000,000.00 4,200,000.00
Event Management 1,320,000.00 1,760,000.00 2,200,000.00
Airport / Transit Services 7,500,000.00 13,500,000.00 15,000,000.00
Medical Spa 450,000.00 900,000.00 1,350,000.00
Spa on Call 3,750,000.00 7,500,000.00 11,250,000.00
Membership / package 1,500,000.00 2,000,000.00 2,500,000.00
Total 25,320,000.00 42,160,000.00 54,500,000.00
Preliminary Expenses
Market Research 300000
Incorporation/ Consultancy 150000
Total (To be w/o over 5 years) 450000

2. Fixed Assets No. Cost Pu Total cost
Luxurious Spa Vans 10 8000000 80,000,000.00
Furniture and Fixtures (CO) 4,000,000.00
IT Infrastructure 1,000,000.00
Working Capital Margin 5,000,000.00
Total 90,000,000.00
Depreciation 20%
Operating expenses
Staff and Salaries 20%
Lease Rental (CO) 750000 Pa
Spa Kits/ Material 10%
Marketing 1000000 pa
Vehicle maintenance 7.50%
Commission (Doctors / Event managers) 7.50%
Miscellaneous Expenses 2.50%
Capital Structure
Equity 40,000,000.00
Debt (12%) 50,000,000.00 12%
Debt/ Equity Ratio 1.25
Tax Rate 35%
Ke 13%
WACC 10.11%

3. 27.78%
Sensitivity Analysis
No. Of Vans
27.78% 7 8 9 10 11
No. Of person using Airport Services
10 27.78% 27.78% 27.78% 27.78% 27.78%
12 27.78% 27.78% 27.78% 27.78% 27.78%
14 27.78% 27.78% 27.78% 27.78% 27.78%
16 27.78% 27.78% 27.78% 27.78% 27.78%
18 27.78% 27.78% 27.78% 27.78% 27.78%
20 27.78% 27.78% 27.78% 27.78% 27.78%
22 27.78% 27.78% 27.78% 27.78% 27.78%
24 27.78% 27.78% 27.78% 27.78% 27.78%
26 27.78% 27.78% 27.78% 27.78% 27.78%
28 27.78% 27.78% 27.78% 27.78% 27.78%
30 27.78% 27.78% 27.78% 27.78% 27.78%
32 27.78% 27.78% 27.78% 27.78% 27.78%
34 27.78% 27.78% 27.78% 27.78% 27.78%

5. f Vans
12 13 14
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%
27.78% 27.78% 27.78%

7. Cash Flows based On Realistic Estimates
Year 1 Year 2
A Sales 42,160,000.00 50,592,000.00
Operating expenses
Staff and Salaries 8,432,000.00 10,118,400.00
Spa Kits/ Material 4,216,000.00 5,059,200.00
Vehicle maintenance 3,162,000.00 3,794,400.00
Commission (Doctors / Event managers) 3,162,000.00 3,794,400.00
B Total Operating cost 18,972,000.00 22,766,400.00
C Gross Profit 23,188,000.00 27,825,600.00
Lease Rental (CO) 750000 825000
Marketing 1000000 1100000
Miscellaneous Expenses 1,054,000.00 1,264,800.00
Depreciation 18,000,000.00 18,000,000.00
Preliminary Exp( W/o) 90000 90000
PBIT 2,294,000.00 6,545,800.00
Interest Payment 5400000 4200000
PBT (3,106,000.00) 2,345,800.00
Tax - (266,070.00)
PAT (3,106,000.00) 2,611,870.00
Year 0
Cash Flows to Equity (40,000,000.00) 14,984,000.00 20,701,870.00
Loan Repayments (10,000,000.00) (10,000,000.00)
Total Cash Flows (40,000,000.00) 4,984,000.00 10,701,870.00
NPV 32,980,292.83
IRR 27.78%
Cash Flow for total Funds (90,000,000.00) 18494000 23431870
Total Cash Flows (90,000,000.00) 18,494,000.00 23,431,870.00
NPV 28,717,618.20
IRR 19.12%
DSCR Cash Flows 14,984,000.00 20,701,870.00
Interest 5400000 4200000

8. Total Cash Flows Before Payment 20,384,000.00 24,901,870.00
Obligations
Term Loan Repayment 10,000,000.00 10,000,000.00
Interest Payments 5400000 4200000
Total Obligations 15,400,000.00 14,200,000.00
DSCR (NET) 1.32 1.75

9. Sales Growth rate
Year 3 Year 4 Year 5 Year 6 Lease Rental Growth / Marketing exp
60,710,400.00 72,852,480.00 87,422,976.00 104,907,571.20
12,142,080.00 14,570,496.00 17,484,595.20 20,981,514.24
6,071,040.00 7,285,248.00 8,742,297.60 10,490,757.12
4,553,280.00 5,463,936.00 6,556,723.20 7,868,067.84
4,553,280.00 5,463,936.00 6,556,723.20 7,868,067.84
27,319,680.00 32,783,616.00 39,340,339.20 47,208,407.04
33,390,720.00 40,068,864.00 48,082,636.80 57,699,164.16
907500 998250 1098075 1207882.5
1210000 1331000 1464100 1610510
1,517,760.00 1,821,312.00 2,185,574.40 2,622,689.28
18,000,000.00 18,000,000.00 18,000,000.00 -
90000 90000 90000 -
11,665,460.00 17,828,302.00 25,244,887.40 52,258,082.38
3000000 1800000 600000 -
8,665,460.00 16,028,302.00 24,644,887.40 52,258,082.38
3,032,911.00 5,609,905.70 8,625,710.59 18,290,328.83
5,632,549.00 10,418,396.30 16,019,176.81 33,967,753.55
23,722,549.00 28,508,396.30 34,109,176.81 33,967,753.55
(10,000,000.00) (10,000,000.00) (10,000,000.00) 0
5,000,000.00 Release of WC Margin
13,722,549.00 18,508,396.30 24,109,176.81 38,967,753.55
25672549 29678396.3 34499176.81 33967753.55
5,000,000.00 Release of WC Margin
25,672,549.00 29,678,396.30 34,499,176.81 38,967,753.55
23,722,549.00 28,508,396.30 34,109,176.81 33,967,753.55
3000000 1800000 600000 0

10. 26,722,549.00 30,308,396.30 34,709,176.81 33,967,753.55
10,000,000.00 10,000,000.00 10,000,000.00 -
3000000 1800000 600000 0
13,000,000.00 11,800,000.00 10,600,000.00 -
2.06 2.57 3.27

11. Loan Amount
Sales Growth rate 20% Loan Repayment & Interest Schedule Rate
Lease Rental Growth / Marketing10%
exp Repayment over 5 year
Opening bal Loan repaid closing balance Interest Paid
50,000,000.00 10,000,000.00 40,000,000.00 5400000
40,000,000.00 10,000,000.00 30,000,000.00 4200000
30,000,000.00 10,000,000.00 20,000,000.00 3000000
20,000,000.00 10,000,000.00 10,000,000.00 1800000
10,000,000.00 10,000,000.00 - 600000
WC Margin
WC Margin

13. 50,000,000.00
12%
10,000,000.00
Interest Paid