Vending Machine Bottom-up Startup Financial Model

Description
Latest Update: Added formal financial statements and a capitalization table.

First, let's describe the business model that this template addresses. It will be useful if you are trying to plan out the financials of purchasing and deploying multiple vending machines over a 60-month period. Deployment defines when purchase costs populate and when revenue can start. Depreciation is automated in this model based on a defined useful life.

Final outputs include a detailed monthly and annual pro forma, cash flow, and a contribution / distribution schedule that includes DCF for project, investor pool, general partner (founder/what have you) pool.

The configuration of deployment and revenue is driven from up to three types of vending machines. 

They can vary in their:
- purchase cost
- deployment cost
- slot size
- slot pricing
- turnover of items
- waste
- refill costs
- cost of goods sold
- seasonality

Based on all entered assumptions, the model will solve for the minimum equity required after any debt funding and after accounting for all startup costs, vending machine purchases, and burn if there is any.

An exit value can be applied in any given month. The value of the business will be determined based on a multiple of 12-month trailing revenue and any debt remaining on that exit month is assumed to be repaid and is reflected accordingly in cash flow.

The model uses depreciation expenses in order to get down to EBT and then net income. The cost of goods sold is assumed to be purchased within the same month and sales happen. The user can define the number of refills that happen per month for each type of vending machine.

The main idea here is to take into account as many variables as possible in order to produce expected profits / what assumptions result in profitability / and the return on investment therein / IRR.


This template is also included in two bundles:
- All Models Bundle: https://www.eloquens.com/tool/P8Y4TX4v/finance/financial-forecasting-models/financial-models-120-useful-and-usable-logic
- Industry-Specific: https://www.eloquens.com/tool/lrNGt2jL/strategy/business-plans/business-sector-bundle-35-bottom-up-financial-models