So Cool Juice Co. — Funding Requirements & Capital Structure
So Cool Juice Co. requires ZAR 40,000,000 in total funding to establish operations, acquire processing equipment, build cold-chain infrastructure, and sustain the business through ramp-up to self-sustaining cash flow (anticipated within 10 months of commercial production).
Section 12 · Business Plan
Funding Requirements & Capital Structure
So Cool Juice Co. requires ZAR 40,000,000 in total funding to establish operations, acquire processing equipment, build cold-chain infrastructure, and sustain the business through ramp-up to self-sustaining cash flow (anticipated within 10 months of commercial production).
Structured across equity and debt, with an average DSCR of 3.3x and a Year-5 return on equity of 34.2%.
12.1 Total Funding Required
So Cool Juice Co. requires ZAR 40,000,000 in total funding to establish operations, acquire processing equipment, build cold-chain infrastructure, and sustain the business through ramp-up to self-sustaining cash flow (anticipated within 10 months of commercial production).
12.2 Capital Structure
| Source | Amount (ZAR) | Terms |
|---|---|---|
| Equity Capital | 24,000,000 (60%) | Founder and institutional equity. Pro-rata participation in profits and capital appreciation. |
| Senior Debt | 16,000,000 (40%) | 5-year term at Prime + 1.5%. 6-month grace. Security: equipment, cession of debtors, general notarial bond. |
12.3 DFI & Incentive Opportunities
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dtic Agro-Processing Support Scheme (APSS): Grant of up to 30% of qualifying agro-processing investment.
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Industrial Development Corporation (IDC): Concessionary financing for food manufacturing enterprises.
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Export Marketing & Investment Assistance (EMIA): Co-funding for export market development activities.
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Section 12I Tax Incentive: Accelerated depreciation on qualifying manufacturing assets.
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FoodBev SETA Training Grants: Co-funding for accredited food processing skills programmes.
12.4 Investor Returns
Based on Year 5 EBITDA of ZAR 47M and a conservative 6.0x multiple (aligned with premium FMCG/beverage comparables), implied equity value is approximately ZAR 282 million, representing a money multiple of ~11.8x on the ZAR 24M initial equity investment. Dividends commence Year 3 at 20–30% of net profit payout ratio.
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