Establishment of Auto Workshop Business

Financial Study
1
1.1
1.1.1
1.1.2
1.1.3
1.1.5
1.1.6
1.1.7
1.1.8
1.1.9

Capital Cost
Setup Cost
Trade License Setup
Security Deposits
Interior Decoration and Furniture, Fixtures
Office Equipment
Rents 3 Months
Pre Operating Expenses (2 Months)
Pre Operating Expenses (2 Months)
Marketing and Advertising
Machinery & Equipment
Civil Work/Mensory work

Sub Total - Setup Cost

1.2

Working Capital (4th to 6 months)

Total Capital Requirement

Capital Structure
Particulars
Equity
Debt

Total Capital

Financial Summary
Particulars
Total Revenue for the period
Total Operational and Admin Expenses
Net Profit
Net Profit Margin %
Return of investment
Pay Back Period (months) without WC
IRR

Detail of Cost
1.1.1

Trade License Setup

Trade license
Misc.
Sub Total

1.1.2

Security Deposit
Rent Security
SEWA/DEWA (garaj/accomodation)
Visa Deposit
Sub Total

1.1.3

Furniture, Fixiture and Interior Decoration

Furniture & Fixture for Executive Room
For Staf
Decoration & Sign Board

Qty
1
1
1

Sub- Total

1.1.4

Office Equipments
Laptop
Printer & Scanner
Photo Copier
Misc. Setup
Sub Total -

1.1.5

Workshop

Qty
2
1
-

Size
1500
-

Rate
Sub Total

1.1.4

Machinery and Equipment

Mechanical Tools Box (kit)

Qty
3

Electrical Tool Box (kit)

Painting Tool Box (Kit)
Denting Tool Box (Kit)
Tyer Changing Box (Kit)
Work Bench & Tables
Tool Box Board
Jacks small
Jack large
Puller Jack
Complete computerise wheel Alignment Equipment
Wheel Balancing Equipment
Cleaning Equipment
Poshish Equipment & Machines
Misc Tools

3
2
2
2
5
5
2
2
2
1

Sub Total 1.1.6

Civil work/mensory work

Rate
1

Office/Workshop Civil Work

Sub Total 1.1.6

Vehicles

Rate
1
-

Car
Recovery Van
Mini Bus
Sub Total 1.2

Operational Cost (2 Months) working Capital

Rent
Salaries
Fuel
Utilities
Marketing
Visa's Exp
Printing and stationery
Total 2 Months

Regular Expenses

Rate
54,000
5,000
3,500
5,000
4,000
3,000
67,500

3.1

Marketing and Advertising Regular

Adevertisement in print media
Broachers Printing/ distribution
Misc. printing (visiting cards,etc)
Sub Total -

3.2

Utilities
Telephone bills
Mobile phone bills
Electricity
Water

Qty
2
1
1

0
Misc.
Sub Total 3.3

Office Expenses
Entertainment
Medical insurance etc
Sub Total -

3.4

Salaries
Staffing

3.4.1

Permanent Statf
WorkShop Incharge
Supervisor
Office Assistant
Marketing staf
Mechanical Engineer
Mech. Technician
Helpers
Electrical Eng.
Elec. Technician
Helpers
Machine Operator Wheel alingment
Helper
Denting Eng.
Denting Technician
Denting Helper
Painting Eng.
Painting Technician
Painting Helper
Cleaning supervisor
Cleaning staf

Nos

1
1
1
1
1
2
2
1
2
2
2
2

Staf
Staf

Sub Total

18
Nos

3.4.2

Sub Total

Total Salary

Income Statement
Particulars
Revenue
Total Revenue

Ist Month
63,750
63,750

Cost of Sale

Total Cost of Sale

Gross Profit

63,750

Less:Other Operational/Admin Cost

Staf Salary & Staf Related
Rent
Utility Bills
Stationery
Office Exp
Marketiong & Advertisement
Vehicle Rent and fuel
Deprecition
Trade license
Finance charges
TOTAL Expenses

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

Net Profit

(18,880)

Net Profit Ratio

-30%

Return on Investement

-2%

Cash Flow Statement

PARTICULARS
OPEING BALANCE
CASH
TOTAL CASH
LESS: Payments
Cost of purchase of cars and spare parts
Staf Salary & Staf Related
Rent
Utility Bills
Stationery
Office Exp
Marketiong & Advertisement
Vehicle Rent and fuel
Finance Charges/installment
TOTAL
Setup Cost
Trade License Setup
Security Deposits
Interior Decoration and Furniture, Fixtures
Office Equipment
Rents 3 Months
Vehicles
Pre Operating Expenses Misc. Admin
Machinery & Equipment
Civil Work/Mensory work

TOTAL
TOTAL PAYMENTS
CASH BALANCE IN HAND
Working Capital
Net Cash Flow

0 Period
849,500
849,500

25,000
61,500
22,000
15,000
18,750
50,000
225,000
182,250
50,000

649,500
649,500
200,000
(649,500)

Months
Accomulative Cash Flows
Pay Back Period
Pay Back
IRR

(649,500)

10
(849,500)
25%

Monthly
Expenses

AED
25,000
61,500
22,000
15,000
18,750
50,000
225,000
182,250
50,000

2,083.33

649,500

12,129.86

611.11
416.67
6,250
833.33
1,518.75
416.67

200,000
849,500

12,130

9%
AMOUNT
Int@9%
849,500
-

849,500

AED
1,052,200
991,558
60,642
6%
7%
10
25%

Annual pmt
-

Total annual pmt

-

AED
15,000
10,000
25,000
AED
5,000
2,500
54,000
61,500
Rate

Amount

7,000
10,000
5,000

7,000
10,000
5,000
22,000

Rate
3,000
5,000
15,000

Amount
6,000
5,000
4,000
15,000

Nos
1
-

Size
1,500
1,500
50
75,000

Rate
2,000

Amount
6,000

2,000
5,000
5,000
2,000
1,000
1,000
150
300
20,000
45,000
10,000
5,000
2,000
10,000

6,000
4,000
2,000
2,000
750
1,500
40,000
90,000
20,000
10,000
182,250

Qty
50,000

AED
50,000
50,000

Qty
50,000
75,000
100,000

AED
50,000
50,000

Nos
2
2
2
2
21
2

AED
108,000
10,000
7,000
10,000
84,000
6,000
225,000

Rate
500
1,500
500

AED
1,000
1,500
500
3,000
AED
500
1,000
1,500
500
###
3,500
AED
500
1,500
2,000
500

Salary

5,000
4,000
2,500
3,500
2,500
1,500
1,000
2,500
1,500
1,000
2,000
1,000
2,500
1,500
1,000
2,500
1,500
1,000
2,000
1,000

25%

Annual
Accommodati
Allowances
on
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

1,250
1,000
625
875
625
375
250
625
375
250
500
250
625
375
250
625
375
250
500
250

Total

6,750
5,500
3,625
4,875
3,625
4,750
3,500
3,625
4,750
3,500
6,000
3,500
-

1,500
1,000

500
500

43,500

11,000

Monthly Hrs

Rate

375
250
10,875.00

54,000.00

Amount

2nd Month
71,150

3rd Month
88,850

4th Month
99,900

5th Month
105,900

6th Month
98,950

71,150

88,850

99,900

105,900

98,950

###

###

71,150

88,850

99,900

105,900

98,950

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

(11,480)

6,220

17,270

23,270

16,320

-16%

7%

17%

22%

16%

-1%

1%

2%

3%

2%

Ist Month
200,000
63,750
263,750

2nd Month
187,000
71,150
258,150

3rd Month
181,400
88,850
270,250

4th Month
193,500
99,900
293,400

5th Month
216,650
105,900
322,550

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

###
###
###
###
###
###
###

###
###
###
###
###
###
###

76,750
187,000
200,000
(13,000)

76,750
181,400
200,000
(18,600)

76,750
193,500
200,000
(6,500)

76,750
216,650
200,000
16,650

76,750
245,800
200,000
45,800

1
(662,500)
1

2
(681,100)
1

3
(687,600)
1

4
(670,950)
1

5
(625,150)
1

187,000

181,400

193,500

216,650

245,800

7th Month
93,950

8th Month
100,700

9th Month
99,450

10th Month
76,700

11th Month
77,950

93,950

100,700

99,450

76,700

77,950

93,950

100,700

99,450

76,700

77,950

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

11,320

18,070

16,820

(5,930)

(4,680)

12%

18%

17%

-8%

-6%

1%

2%

2%

-1%

-1%

6th Month
245,800
98,950
344,750

7th Month
268,000
93,950
361,950

8th Month
285,200
100,700
385,900

9th Month
309,150
99,450
408,600

10th Month
331,850
76,700
408,550

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

76,750
268,000
200,000
68,000

76,750
285,200
200,000
85,200

76,750
309,150
200,000
109,150

76,750
331,850
200,000
131,850

76,750
331,800
200,000
131,800

6
(557,150)
1

7
(471,950)
1.00

8
(362,800)
1

9
(230,950)
1

10
(99,150)
1

268,000

285,200

309,150

331,850

331,800

12th Month
74,950

Total
1,052,200

74,950

1,052,200

74,950

1,052,200

54,000
6,250
3,500
3,000
2,000
3,000
5,000
3,797
2,083
82,630

648,000
75,000
42,000
36,000
24,000
36,000
60,000
45,558
25,000
991,558

(7,680)

60,642

-10%

6%

-1%

7%

11th Month
331,800
77,950
409,750

12th Month
333,000
74,950
407,950

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

54,000
6,250
3,500
3,000
2,000
3,000
5,000
76,750

76,750
333,000
200,000
133,000

76,750
331,200
200,000
131,200

11
33,850
0

12
165,050
-

333,000

331,200

15-Jan
CATEGORY

SERVICE DESCRIPTION

RATE

NO. CASE
PER
Month

Feb
AED

Machnical
1 Overhauling
3 Minor repair
4 Misc. repair

NO.
CASE
PER
Month

2,000
1,000
700

2
7
10
19

4,000
7,000
7,000
18,000

5
8
10
23

1 complete electrice work

2 Normal Repair
3 Minor repair
Sub Total

1,500
1,000
500

5
10
15
30

7,500
10,000
7,500
25,000

5
10
15
30

1 Complete Change
2 Normal Repair
4 Misc. repair

1,500
500
250

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

200
150
100
50

5
7
6
8
26

1,000
1,050
600
400
3,050

5
7
6
8
26

Wheel Alignment

150

20

20

Wheel Balancing

80

15
35

3,000
1,200
4,200

132

63,750

141

Sub Total
Electrical

AC REPAIR

Sub Total
Radiator
1 Overhauling
2 Normal Repair
3 Minor repair
4 Misc. repair
Sub Total

Sub Total
Grand total

20
40

Mar
AED

NO.
CASE
PER
Month

April
AED

NO.
CASE
PER
Month

May
AED

NO.
CASE
PER
Month

June
AED

NO.
CASE
PER
Month

10,000
8,000
7,000
25,000

8
10
10
28

16,000
10,000
7,000
33,000

10
15
10
35

20,000
15,000
7,000
42,000

8
15
15
38

16,000
15,000
10,500
41,500

5
15
10
30

7,500
10,000
7,500
25,000

5
15
20
40

7,500
15,000
10,000
32,500

5
15
20
40

7,500
15,000
10,000
32,500

5
20
25
50

7,500
20,000
12,500
40,000

7
20
25
52

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

1,000
1,050
600
400
3,050

10
15
6
8
39

2,000
2,250
600
400
5,250

20
10
6
8
44

4,000
1,500
600
400
6,500

15
10
6
8
39

3,000
1,500
600
400
5,500

15
15
6
8
44

3,000
1,600
4,600

20

20

30
50

3,000
2,400
5,400

20

30
50

3,000
2,400
5,400

20

20
40

3,000
1,600
4,600

71,150

169

88,850

191

99,900

199

105,900

183

15
35

July
AED

NO.
CASE
PER
Month

Aug.
AED

NO.
CASE
PER
Month

Sep.
AED

NO.
CASE
PER
Month

Oct.
AED

NO.
CASE
PER
Month

10,000
15,000
7,000
32,000

5
10
10
25

10,000
10,000
7,000
27,000

5
15
10
30

10,000
15,000
7,000
32,000

8
15
10
33

16,000
15,000
7,000
38,000

5
10
10
25

10,500
20,000
12,500
43,000

8
25
10
43

12,000
25,000
5,000
42,000

7
25
15
47

10,500
25,000
7,500
43,000

9
20
10
39

13,500
20,000
5,000
38,500

5
15
10
30

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

3,000
2,250
600
400
6,250

20
15
6
8
49

4,000
2,250
600
400
7,250

20
20
6
8
54

4,000
3,000
600
400
8,000

10
15
6
8
39

2,000
2,250
600
400
5,250

10
10
6
8
34

3,000
1,200
4,200

20

20

15
35

3,000
1,200
4,200

20

15
35

3,000
1,200
4,200

20

15
35

3,000
1,200
4,200

98,950

174

93,950

188

100,700

168

99,450

146

15
35

Nov.
AED

NO.
CASE
PER
Month

Dec.
AED

NO.
CASE
PER
Month

Total
AED

NO.
CASE
PER
Month

AED

10,000
10,000
7,000
27,000

3
15
10
28

6,000
15,000
7,000
28,000

5
10
10
25

10,000
10,000
7,000
27,000

69
145
125
339

138,000
145,000
87,500
370,500

7,500
15,000
5,000
27,500

5
10
15
30

7,500
10,000
7,500
25,000

5
10
15
30

7,500
10,000
7,500
25,000

71
195
195
461

106,500
195,000
97,500
399,000

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

5
7
10
22

7,500
3,500
2,500
13,500

60
84
120
264

90,000
42,000
30,000
162,000

2,000
1,500
600
400
4,500

20
15
6
8
49

4,000
2,250
600
400
7,250

10
15
6
8
39

2,000
2,250
600
400
5,250

160
154
72
96
482

32,000
23,100
7,200
4,800
67,100

3,000
1,200
4,200

20

20
15
35

3,000
1,200
4,200

240

15
35

3,000
1,200
4,200

220
460

36,000
17,600
53,600

76,700

164

77,950

151

74,950

2,006

1,052,200

Expected
Students
Secretarial
Managerial
Certification

Fee

Duration

Nos of Courses
Per Year

10

11

12

Q1

Q2

Q3

Q4

Comparative Statement
S/N

Catogory

Item No

Washing
Washing
Washing
Washing
Washing
Washing
Washing
Washing

1
2
3
4
5
6
7
8

Washing

Company

1 Magnarab
1 Magnarab
2 Magnarab
2 Magnarab
3 Magnarab
4 Magnarab
5 Magnarab

Equipment
Equipment
Equipment
Equipment
Equipment
Equipment
Equipment

Item

Make

Washing Machine
Hydro Extrator
Dryer Machines
Dry Clean Machine
Steam Press - Pangentic
Foam Finisher
Cotton Press
Boiler
Steam Ironing Vacuums Table Boiler with Compressor

Hardmount Washer Extractor

Hardmount Washer Extractor
Tumbler Dryer
Tumbler Dryer
Dry Cleaning Machine
Steam press machine with elec. Bolier
Form finisher

Watermug
Watermug
Watermug
Watermug
SOVRANA
SIDI.

Original

USA
USA
USA
USA
ITALY
ITALY

Model

AR 520
AR 350

S10 LT2
ST-702/U.

Description

52-58 Kgs
35-39 Kgs
55 kg
34 Kg
10 - 12 Kg
47"

Price
238,654

49,932
33,360
35,400
13,440
80,122
26,400

Qty

Amount

Guarantee Market Use

Selected
Order

Remarks

Comparative Statement
S/N

Catogory

Item No

Washing
Washing
Washing
Washing
Washing
Washing
Washing
Washing

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Washing

Company

Item

Washing Machine
Hydro Extrator
Dryer Machines
Dry Clean Machine
Steam Press - Pangentic
Foam Finisher
Cotton Press
Boiler
Steam Ironing Vacuums Table Boiler with Compressor

Make

Original

Model

Description

Price

Qty
-

Amount

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Order

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