Sparkle Lane Business Plan — Appendix B: Site Capital Schedule

Itemised capital cost to build one four-bay site, covering civils, wash plant, water recycling, canopy and signage.

Appendix B: Site Capital Schedule

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  • B.1 Cost to build one site
  • B.2 Rollout capital
  • B.3 Asset roll-forward

B.1 Cost to build one site

Item

R’000

Treatment

Share of site cost

Wash bay canopy, hardstand and drainage

585

Capitalised

26.7%

Water recycling and treatment plant

445

Capitalised

20.3%

Oil and silt separator, effluent compliance works

165

Capitalised

7.5%

Pressure washers, foamers, vacuums and polishers

295

Capitalised

13.4%

Reception, waiting area, POS and signage

235

Capitalised

10.7%

Solar and inverter backup

175

Capitalised

8.0%

Municipal approvals, permits and professional fees

125

Capitalised

5.7%

Opening consumables and pre-opening payroll

78

Expensed at opening

3.6%

Working capital reserve

92

Working capital

4.2%

Total cost of a site

2 195

100.0%

Less landlord installation allowance

(180)

Reduction in cost

Net cash requirement

2 015

B.2 Rollout capital

R’000

Year 1

Year 2

Year 3

Year 4

Year 5

Sites built in the year

1

1

1

Gross cost of the site

2 195

2 334

2 472

Landlord installation allowance

(180)

(180)

(180)

Net capital expenditure

2 015

2 154

2 292

Cumulative net capital

2 015

2 015

4 169

4 169

6 461

Capitalised, net of allowance

1 845

1 973

2 101

Expensed at opening

78

83

88

B.3 Asset roll-forward

R’000

Year 1

Year 2

Year 3

Year 4

Year 5

Opening net book value

1 800

1 585

3 295

2 850

Additions, capitalised net of allowance

1 845

1 973

2 101

Depreciation

(215)

(215)

(444)

(444)

(689)

Closing net book value

1 800

1 585

3 295

2 850

4 453