Food Truck Financial Excel Model (10 Year)

Description
Recent Updates: Financial statements dynamically connected to assumptions (IS, BS, CF) and a cap table, capex with depreciation, and terminal value option.

This is a financial projection tool that allows the user to enter assumptions in a way that is relevant to starting a food truck business. The projections go out for a period of 10 years with an annual pro forma that adjusts with the assumptions.

One of the recent updates to this model that you won't see in the video is additions to revenue building logic. Instead of just being a hard-coded input of annual expected revenue over 3 time-frames within the 10 year forecast, you can now enter expected daily sales count, average dollar sale, and working days per month as your inputs to drive revenues. This is a more bottom-up style.

The top down style of this Food Truckmodel is in food costs, labor costs, and other overhead costs. Those expense areas you can populate as a direct % of revenues. The figures in the model were researched per on-line data available, but you may want to look at other averages to get a closer projection for the area you plan on starting the food truck(s) in.

There is a final section for your initial startup costs and any financing assumptions for the event you get a loan to pay for the startup costs.

You will have a returns summary that shows IRR and ROI figures as well as a 10 year annual chart to track your net cash position and running annual cash flows.

The value here is in simplicity and user friendliness as well as not taking too much time to figure out how to use.

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