WashWorks Premium Laundromat Business Plan — Appendix A: Detailed Financial Statements
The first year ramps as the flagship builds utilisation: launch marketing and campus partnerships drive consumer trial while business development wins…
Appendix A: Detailed Financial Statements
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- Overview & contents
- Important Notice & Confidentiality
- Executive Summary
- Company Overview, Vision & Values
- Industry & Market Analysis
- Market Sizing & Opportunity
- Competitive Landscape & Positioning
- Services & Customer Experience
- Business Model & Revenue Streams
- Operations & Technology
- Growth Strategy & Expansion
- Marketing & Customer Acquisition
- Customer & Commercial Segments
- Implementation Roadmap
- Management, Board & Governance
- Sustainability, ESG & Compliance
- Financial Plan & Projections
- Funding Requirement & Capital Structure
- Returns, Scenarios & Sensitivity
- Risk Analysis & Independent Findings
- SWOT & Investment Thesis
- Appendix A: Detailed Financial Statements
- Appendix B: Assumptions & Capex Register
- Appendix C: Glossary & Methodology
A.1 Revenue, EBITDA and profit build
|
R’000 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Revenue |
4650 |
5880 |
7180 |
8560 |
10050 |
|
EBITDA |
1190 |
1710 |
2310 |
3020 |
3880 |
|
EBITDA margin |
25.6% |
29.1% |
32.2% |
35.3% |
38.6% |
|
Depreciation |
406 |
406 |
409 |
424 |
507 |
|
Interest |
169 |
135 |
101 |
68 |
34 |
|
Profit before tax |
615 |
1169 |
1799 |
2528 |
3340 |
|
Net profit after tax |
449 |
853 |
1314 |
1846 |
2438 |
A.1b Illustrative Year-1 quarterly ramp
|
Year 1 |
Q1 |
Q2 |
Q3 |
Q4 |
|---|---|---|---|---|
|
Revenue (R’000) |
960 |
1,110 |
1,240 |
1,340 |
|
Loads/day (avg) |
185 |
225 |
260 |
290 |
|
Machine utilisation |
40% |
48% |
56% |
62% |
|
Commercial contracts (cum.) |
10 |
20 |
28 |
35 |
The first year ramps as the flagship builds utilisation: launch marketing and campus partnerships drive consumer trial while business development wins commercial contracts, lifting loads per day, utilisation and revenue quarter on quarter. The quarterly shape is illustrative, the annual total ties to the preserved R4.65 million, but it reflects the realistic build of a capital-intensive laundry from opening toward a healthy run-rate, when fixed costs are best absorbed.
A.2 Operating KPIs
|
Metric |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Loads per day |
240 |
300 |
360 |
420 |
490 |
|
Machine utilisation |
52% |
60% |
66% |
71% |
76% |
|
Active clients |
2200 |
3800 |
5400 |
6800 |
8200 |
|
Commercial contracts |
35 |
60 |
85 |
105 |
125 |
|
Student subscriptions |
350 |
620 |
900 |
1200 |
1500 |
|
Headcount |
19 |
21 |
25 |
30 |
35 |
A.3 Cash & balance-sheet summary
|
R’000 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Operating cash flow |
786 |
1357 |
1784 |
2295 |
2933 |
|
Free cash flow (pre-financing) |
(2104) |
1357 |
1764 |
2175 |
2508 |
|
Closing cash |
717 |
1338 |
1952 |
2508 |
2893 |
|
Total assets |
3554 |
3836 |
4133 |
4461 |
4847 |
|
Equity |
2399 |
2911 |
3436 |
3990 |
4599 |
|
Balance sheet ties |
Yes |
Yes |
Yes |
Yes |
Yes |
A.4 EBITDA-to-net-profit reconciliation
|
R’000 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
EBITDA (preserved) |
1190 |
1710 |
2310 |
3020 |
3880 |
|
less Depreciation |
(406) |
(406) |
(409) |
(424) |
(507) |
|
less Interest |
(169) |
(135) |
(101) |
(68) |
(34) |
|
less Tax (27%) |
(166) |
(316) |
(486) |
(683) |
(902) |
|
Net profit after tax (re-derived) |
449 |
853 |
1314 |
1846 |
2438 |
|
Memo: sponsor illustrative net profit |
742 |
1120 |
1610 |
2180 |
2910 |