Naledi Threads Business Plan — Appendix B: Capital and Pre-Opening Schedules
Detailed fit-out, fixture, opening stock and pre-opening cost schedules behind the R1.04 million requirement.
Appendix B: Capital and Pre-Opening Schedules
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- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Executive Summary
- 2. The Business
- 3. Market Analysis
- 4. Location Strategy
- 5. Products and Merchandise Strategy
- 6. SWOT and Competitive Position
- 7. Marketing and Sales
- 8. Operations
- 9. People, Compliance and Controls
- 10. Implementation Plan
- 11. Financial Plan
- 12. Break-Even
- 13. Working Capital and Debt Service
- 14. Returns
- 15. Sensitivity and Scenarios
- 16. Risk Management
- 17. Trigger Points and Management Response
- 18. Key Performance Indicators
- 19. Key Assumptions
- 20. Conclusion
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Capital and Pre-Opening Schedules
- C. Appendix C: Funding and Debt Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
- B.1 Capital expenditure
- B.2 Pre-opening costs and working capital
- B.3 Property, plant and equipment roll-forward
- B.4 Other operating costs, Year 1 monthly
B.1 Capital expenditure
|
Item |
Amount (R) |
Share |
Depreciation |
|---|---|---|---|
|
Shopfitting, ceilings, flooring and partitioning |
148 000 |
35.5% |
5 years |
|
Racking, gondolas, shelving and mannequins |
62 000 |
14.9% |
5 years |
|
Shopfront, glazing and illuminated signage |
38 000 |
9.1% |
5 years |
|
CCTV, alarm, EAS pedestals and security tags |
38 000 |
9.1% |
5 years |
|
Air-conditioning installation |
28 000 |
6.7% |
5 years |
|
Furniture, cash desk, steamer and stockroom racking |
22 000 |
5.3% |
5 years |
|
Fitting rooms, mirrors and curtaining |
20 000 |
4.8% |
5 years |
|
Track LED lighting upgrade |
18 000 |
4.3% |
5 years |
|
Electrical and data reticulation |
16 000 |
3.8% |
5 years |
|
POS hardware, tablets, printer and card terminal |
15 000 |
3.6% |
3 years |
|
Professional fees, space planner and lease review |
12 000 |
2.9% |
5 years |
|
Total capital expenditure |
417 000 |
100.0% |
R7 582 per m² |
B.2 Pre-opening costs and working capital
|
Item |
Amount (R) |
Treatment |
|---|---|---|
|
Opening inventory, approximately 1 450 units |
225 000 |
Balance sheet — inventory |
|
Cash and working-capital buffer |
265 000 |
Balance sheet — cash |
|
Rental deposit, two months gross |
35 530 |
Balance sheet — non-current asset |
|
Pre-opening marketing and launch |
34 000 |
Charged to Year 1 income |
|
Pre-opening payroll and training |
26 000 |
Charged to Year 1 income |
|
Company registration, legal and professional |
12 000 |
Charged to Year 1 income |
|
Stock management and POS setup |
8 000 |
Charged to Year 1 income |
|
Opening consumables, packaging and uniforms |
6 000 |
Charged to Year 1 income |
|
Municipal and utility deposits |
7 500 |
Balance sheet — non-current asset |
|
Total |
619 030 |
B.3 Property, plant and equipment roll-forward
|
R |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Opening balance |
417 000 |
331 600 |
246 200 |
184 825 |
124 726 |
|
Maintenance capital additions |
— |
— |
24 025 |
25 106 |
26 235 |
|
Depreciation charge |
(85 400) |
(85 400) |
(85 400) |
(85 205) |
(90 226) |
|
Closing balance |
331 600 |
246 200 |
184 825 |
124 726 |
60 735 |
B.4 Other operating costs, Year 1 monthly
|
Line item |
Monthly (R) |
Annual (R) |
|---|---|---|
|
Marketing and customer acquisition |
5 200 |
62 400 |
|
Electricity, water and refuse |
2 900 |
34 800 |
|
Buying trips and sourcing travel |
1 900 |
22 800 |
|
Accounting, payroll bureau and CIPC compliance |
1 700 |
20 400 |
|
Packaging, hangers, tags and consumables |
1 650 |
19 800 |
|
Insurance: stock, liability and business interruption |
1 300 |
15 600 |
|
Point of sale and inventory software subscription |
850 |
10 200 |
|
Security and in-store alarm monitoring |
780 |
9 360 |
|
Sundry and contingency |
750 |
9 000 |
|
Repairs and maintenance |
700 |
8 400 |
|
Bank charges |
650 |
7 800 |
|
Telephone, data and connectivity |
600 |
7 200 |
|
Cleaning and waste |
480 |
5 760 |
|
Uniforms and staff training |
450 |
5 400 |
|
Legal and professional sundries |
380 |
4 560 |
|
Total |
20 290 |
243 480 |