Shuttle Services Firm Financial Model – 5 Year Financial Forecast

Description
A shuttle service regularly transports 10 or more travelers, typically by bus or van, from one place to another. Shuttles are attractive to travelers because they are often cheaper than self-parking or taxis.
There are essentially two types of shuttles: scheduled shuttle services, which run on a pre-scheduled loop between set locations, and on-demand shuttle services, which go to and from different locations depending on the passengers’ needs.
With travel increasing once again, now is a good time to start a shuttle service. Shuttle services now have a unique opportunity to partner with area businesses—including hotels and shopping centers—to capitalize on increased activity in the travel, hospitality, and retail sectors. If run efficiently and effectively, shuttle services can be a good way to make money—particularly if they tap into high-traffic routes or use technology to run their routes more optimally.
This Financial Model presents an business scenario of a startup Shuttle Services Firm offering both scheduled and on-demand shuttle services. The model provides an advanced 5-year financial plan aiming to assist owners to forecast company’s financial and operational activities. It includes assumptions and calculations of business operating metrics, buses fleet, revenue and cost of services assumptions for both revenue sources, calculation of Drivers needed for the services, Direct & Indirect Payroll, Operating Expenses, Fixed Assets and Depreciation, Financing through Debt & Equity, and Exit Valuation in case of a potential sale of the business.
The structure of the template follows Financial Modeling Best Practices principles and is fully customizable.
Detailed instructions for the functionality of the model are included in the Excel file.


Model Inputs and Setup Reports:
• General Setup Assumptions incl. Startup Expenses, Buses Fleet , Revenue and Direct Costs Assumptions, Financing (Debt & Equity), etc.
• Yr1 Payroll incl. Drivers Needed, Hiring Schedule of FTEs per Position/Month, Salary per FTE, Payroll Taxes & Benefits, and two different Bonus Schemes.
• Yr1 OpEx and Annual Capex incl. Depreciation Schedule
• Yr1 Revenue and Cost of Service Calculations for Scheduled and On-Demand Shuttle Services
• Forecast Scenarios


Starting Year Output Reports:
• Yr1 Monthly Budget and Actual Reports
• Yr1 Profit & Loss Statement Summary with a dynamic functionality to include Actual figures for the current and preceding months and budget figures for the rest.
• Yr1 Budget vs Actual Variance Analysis at a YTD and Monthly level


5-Year Forecast Output Reports:
• Annual Financial Statements (3 Statement model)
• Break-Even Analysis
• Financial Ratios including several Profitability, Efficiency, Liquidity, and Leverage (Solvency) Ratios
• Performance Dashboard
• Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
• Investor Returns (4-tier IRR hurdle waterfall model to distribute proceeds between investors)
• Professional Executive Summary (can be used for investment decisions)


Help & Support
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