Projected Income and Expenses
- Home
- Income and Expenses
Projected Income and Expenses
Event Hall Projected Income:
Average event rate: £5,000 per event
Number of events per year: 50
Annual income: 50 events * £5,000 = £250,000
Additional Services (Catering, AV Equipment, Decorations, etc.):
Average additional services rate: £2,000 per event
Annual income from additional services: 50 events £2,000 = £100,000
Total Annual Income for Event Hall: £250,000 + £100,000 = £350,000
Maintenance and Repairs:
Annual cost: £15,000
Utilities (Water, Electricity, Internet, etc.):
Annual cost: £20,000
Staff Salaries (Event Coordinators, Cleaners, Security, etc.):
Annual cost: £60,000
Marketing and Advertising:
Annual cost: £10,000
Insurance:
Annual cost: £5,000
Event Supplies and Equipment:
Annual cost: £20,000
Total Annual Expenses for Event Hall: £130,000
Net Annual Income for Event Hall: £350,000 - £130,000 = £220,000
Projected Income and Expenses
Summary
Total Annual Income:
10-Bedroom Villa: £123,600
Event Hall: £350,000
Combined: £473,600
Total Annual Expenses:
10-Bedroom Villa: £61,000
Event Hall: £130,000
Combined: £191,000
Total Net Annual Income:
Combined: £282,600
This projected income and expenses outline demonstrates the potential profitability of the 10-bedroom villa and event hall within the MAFHH HOME Peace & Serenity Village project.
