Food Delivery/Ghost Kitchen Financial Model

Description
This Excel model is a highly adaptable and user-friendly tool for creating a 5-year rolling 3-statement financial projection (Income Statement, Balance Sheet, and Cash Flow Statement) with a monthly timeline. It is designed for startups or existing food delivery businesses, focusing on revenue generation through order sales through online platforms or direct channels.


The model allows users to input various revenue streams, variable costs associated with food preparation and delivery, operational costs, fixed assets, and financing activities. Following best practices in financial modeling, it includes clear instructions, detailed line item explanations, checks, and input validations. Additionally, the model features a discounted cash flow (DCF) valuation calculation based on projected cash flows.
The model includes a dedicated sheet for entering actual data, enabling users to monitor actual performance against forecasted figures directly. It also incorporates a comprehensive array of charts to visually represent key business metrics and indicators.


Key Outputs
The key outputs of the model include:

• Detailed monthly financial statements spanning ten years, with annual summaries.
• Valuation sheet based on discounted cash flow projections.
• Financial and business ratios for in-depth performance analysis.
• Charts illustrating financial projections and key performance metrics.
• Breakeven analysis to determine the order volume required to cover costs.
• Dashboard summarizing projected financial statements, key ratios, and financial performance metrics.
• Evolution of cash balance over time.

Model Structure
The model is structured into several sections:

• Inputs: Foundations of the financial model, encompassing critical assumptions about order volumes, pricing, operational expenses (Opex), capital expenditures (CapEx), and startup costs tailored to food delivery business operations.
• Operations: Calculations for revenue from order sales, delivery fees, restaurant commissions, cost of goods sold (COGS), working capital, and operational expenses derived from data in the Assumptions sheet.
• Debt Model: Structuring of debt financing aligned with the business's financial assumptions and requirements.
• Capital Expenditures (CapEx): Expenses related to acquiring and maintaining kitchen equipment, fleet, and delivery technology infrastructure.
• Monthly Financial Statements (Mo-FS): Includes detailed monthly Income Statement, Balance Sheet, and Cash Flow Statement, integrating operational details and CapEx projections. Includes provisions for dividend distribution, if applicable.
• Actual Performance: Records actual financial performance for comparison with forecasted metrics as real data becomes available.
• Summary: Executive summary of main business metrics for quick assessment, breakeven analysis, and ratios analysis.
• Valuation: Utilizes discounted cash flow (DCF) method to estimate the business's valuation.
• Budget vs. Actual: Compares budgeted figures with actual performance, aiding financial performance evaluation and year-on-year progress tracking.
• Charts: Provides visual representations of financial data to highlight variances and facilitate decision-making.