Bussines Plan - Trucks

Trucking Non-Stop is intended to be the major travel center in Romania, Bucharest. It will consist of a convenience store, gas/diesel islands, restaurant, and amenities for the trucking business. Trucking Non-Stop is a corporation owned and operated by Ema Sitoris and Vaida Catalina.

The company's management philosophy is based on responsibility and mutual respect. Trucking Non-Stop has an environment and structure that encourages productivity and respect for customers and fellow employees.

Trucking Non-Stop is organized into two main functional areas: convenience store-gas/diesel, and the restaurant, each will have its own on-site management. Ema Sitoris and Vaida Catalina are the founders and co-presidents. They will head the operation, and will concentrate on product sourcing, sales, marketing, finance, and overall administration. Each area will have a manager responsible for daily operations who will report to the Smiths..

The initial start-up costs will amount to $2.75 million, which will be used to purchase land, develop it, and construct a 6,000 square foot travel center, complete with gas/diesel islands, scales, and a restaurant. The initial capital injection will be $250,000. The remaining will be in the form of a $2.5 million loan.

Highlights

1.1 Mission

The mission of Trucking Non-Stop is to start a new public travel center which will service the truck fueling and shopping needs of NAFTA trade, the general traveling public, and local Bucharest customers.

2.0 Company Summary

Trucking Non-Stop is a start-up company whose management perceives a growing demand for commercial vehicle services within the Bucharest area. The company's management staff includes Ema Sitoris, who has extensive experience within the automotive repair industry, and Vaida Catalina, who has provided budgeting and bookkeeping services to small companies for twenty years, who will provide the logistical support for the business. It is Trucking Non-Stop 's long-term goal to create multiple service centers within the southwest area to service the NAFTA commercial traffic and create a brand awareness that transcends state borders.

2.1 Company Ownership

Trucking Non-Stop is solely owned by Ema Sitoris and Vaida Catalina. It is not anticipated that the company will seek additional shareholders for the foreseeable future.

2.2 Funding Requirements and Uses

The initial start-up costs will amount to $2.75 million. This will be used to purchase land, develop it, and construct a 6,000 sq./ft travel center, complete with gas/diesel islands, scales, and a restaurant. The initial capital injection will be $250,000. The remaining will be funds in the form of a $2.5 million loan. Figure 1 provides a breakdown of how the funding will be used and Figure 2 provides the Expenditure Outline for Phase I.

Figure 1. Use of Funds

Working Capital $250,000

Inventories (Travel Ctr.) $65,000

Land $200,000

Land Development $150,000

Highway Improvements $350,000

Building $500,000

Pre-Paid Expenses $250,000

Gasoline Facility $200,000

Diesel Facility $150,000

Equipment (Travel Ctr.) $100,000

Equipment (Restaurant) $200,000

Contingency $235,000

Other fixed Assets $50,000

Scales $50,000

Total $2.75 million

Figure 2. Phase I Expenditure Outline

Land Development $100,000

Building (6,000 sq. ft.) $500,000

Gasoline Facility (includes all equipment) $200,000

Diesel Facility (includes all equipment) $150,000

Equipment: Store $100,000

Equipment: Restaurant $200,000

Highway Improvements* $50,000

Miscellaneous $50,000

Land Costs $200,000

TOTAL ALLOWABLE BUDGET FOR PHASE ONE $1.55 million

Start-up

Start-up