Commercial Cleaning Equipment Maintenance

Based on the information provided, here are the financial projections for Home to Haven LLC:

Revenue Projections:

Year 1: $78,000

Year 2: $234,000

Year 3: $702,000

Year 4: $1,026,000

Year 5: $1,350,000

Cost of Goods Sold (COGS):

Year 1: $9,000

Year 2: $27,000

Year 3: $81,000

Year 4: $118,800

Year 5: $156,600

Gross Profit:

Year 1: $69,000

Year 2: $207,000

Year 3: $621,000

Year 4: $907,200

Year 5: $1,193,400

Expenses:

Year 1: $63,500

Year 2: $160,000

Year 3: $360,000

Year 4: $530,000

Year 5: $680,000

Net Income:

Year 1: $5,500

Year 2: $47,000

Year 3: $261,000

Year 4: $377,200

Year 5: $513,400

Assumptions:

- The business charges $50 per hour for residential cleaning and $80 per hour for commercial cleaning.

- The business starts with a $500 investment and generates $9,500 in profits during the first six months of operation.

- The business grows to 25 employees and 50 residential clients and 50 commercial clients by the end of year 3.

- The business pays independent contractors $18 per hour.

- The business reaches a maximum of 30 employees and 100 steady contract jobs within 5 years.

- COGS includes labor costs, cleaning supplies, and equipment maintenance.

- Expenses include rent, utilities, marketing, insurance, and other miscellaneous expenses.

- Net income is calculated after deducting all expenses from the gross profit.

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