|
Business Plan Framework & Cost Estimate:
<br /> The Business Plan Framework was developed, based on information available at this
<br /> time and is intended to be a financial plan and approach for developing the Cemetery in
<br /> a measured way. The business plan is separated into four sections covering
<br /> administrative and professional services; immediate site-related needs including site
<br /> clean-up and beautification; secondary site needs including repair of paving, upgrading
<br /> the irrigation system, some infill plot development, etc; and new development including
<br /> the Sunol Cremation Garden, and the South Hill — Dry Creek Garden.
<br /> In an attempt to identify overall improvement costs, maintenance costs and anticipated
<br /> revenue, the business plan looks at past sales, revenue generation and expenses
<br /> including an overview of the current circumstances and summary of sales; forecasting
<br /> revenue and expenses, revenue and expense expectations from 2006 and financial
<br /> forecasts as of July 2014, with a section forecasting revenue based on new inventory
<br /> development. A summary of anticipated revenues is as follows:
<br /> Summary of Potential Revenue from the Sale of Burial Plots
<br /> Cremains Plots Casket Plots
<br /> Number Cost Est. Number Cost Est. Total
<br /> Plot Type of Plots Per Revenue of Plots Per Revenue Revenue
<br /> Plot Plot
<br /> New Low Priced Plots 1,778 $1,800 $3,200,400 156 $5,000 $780,000 $3,980,400
<br /> New Medium Priced Plots 4,265 $4,000 $17,060,000 375 $9,000 $3,375,000 $20,435,000
<br /> New High Price Plots 1,066 $8,000 $8,528,000 94 $19,000 $1,786,000 $10,314,000
<br /> Sub Total New Plots 7.109 $28,788,400 $5,941,000 $34,729,400
<br /> Existing Plots* 128 $2,627 $336,256 153 $7,123 $1,089,819 $1,426,075
<br /> Totals 7,237 - $29,124,656 778 - $7,030,819 $36,155,475
<br /> *Does not include$190,705 anticipated from previous sales.
<br /> The business plan also includes the estimated cost for competing improvements
<br /> detailed in the Site Plan Design Concept as follows:
<br /> Anticipated costs for Improvements by Section
<br /> Section Est.Cost
<br /> Administrative Tasks $203,000
<br /> Professional Services $120,500
<br /> Section 1 -(Immediate Site-Related Needs) $341,500
<br /> Section 2 -(Secondary Site-Related Needs, Historic $421,200
<br /> infill cremation and casket plots)
<br /> Section 3 -(Sunol Cremation Garden) $1,330,100
<br /> Section 4-(South Hill—Dry Creek Garden) $2,056,290
<br /> Total $4,472,590
<br /> Page 4 of 6
<br />
|