Free Airport Shuttle Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!
Please note that the financials
in this complete free business plan are completely fictitious and may not
match the text of the business plan below. This free business plan demonstration
purposes only. If you are interested in purchasing the completed editable MS Word
and Excel documents for this business plan, please click the button below! Also,
the text of the business plan is formatted with a fully automated
table of contents.
It should be noted that there is no special software required to use these
templates. All business plans come in Microsoft Word and Microsoft Excel format.
Each business plan features:
- Excecutive Summary
- Company and Financing Summary
- Products and Services Overview
- Strategic Analysis with current research!
- Marketing Plan
- Personnel Plan
- 3 Year Advanced Financial Plan
- Expanded Financial Plan with Monthly Financials
- FREE 30 Page Sample Private Placement Memorandum
- FREE PowerPoint Presentation for Banks, Investors,
or Grant Companies!
1.0 Executive Summary
The purpose of this business plan is to raise $150,000 for the development of an airport shuttle company while showcasing the expected financials and operations over the next three years. Airport Shuttle, Inc. (“the Company”) is a New York based corporation that will provide for the transportation of people from terminals to rental car locations to customers in its targeted market on an outsourced basis. The Company was founded by John Doe.
1.1 Products and Services
As mentioned above, the business is a transportation service company that will primarily provide for the transportation of individuals to and from the airport to local rental car agencies as well as hotels (from time to time). The business will generate its income from ongoing contracts with major car rental agencies and hotels on a monthly basis.
The Company will generate secondary revenues from fuel surcharges based upon the daily usage of the Company’s fleet of transportation vehicles.
The third section of the business plan will further describe the services offered by the Airport Shuttle.
1.2 The Financing
Mr. Doe is seeking to raise $150,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following:
Mr. Doe will contribute $25,000 to the venture.
Development of the Company’s office location
Financing for the first six months of operation.
Capital to finance deposits for leasing of two transportation vehicles.
1.3 Mission Statement
The Airport Shuttle’s mission is to become the recognized leader in its targeted market for airport shuttling services.
1.4 Mangement Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the transportation industry. Through his expertise, he will be able to bring
the operations of the business to profitability within its first year of
1.5 Sales Forecasts
Mr. Doe expects a strong rate of growth at the start of operations. Below are the
expected financials over the next three years.
1.6 Expansion Plan
As time progresses, Management intends to aggressively expand each segment of the Company’s operations especially as it relates to working with hotels and car rental agencies. The Company will also extensively develop ongoing relationships with additional airlines and airports.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Airport Shuttle, Inc. The
Company is registered as a corporation in the State of
2.2 Required Funds
At this time, the Airport Shuttle requires $150,000 of debt funds. Below is a breakdown of how these funds
will be used:
2.3 Investor Equity
Mr. Doe is not seeking an
investment from a third party at this time.
2.4 Management Equity
John Doe owns 100% of Airport Shuttle, Inc.
2.5 Exit Strategy
If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Airport Shuttle.
Based on historical numbers, the business could fetch a sales premium of up to 6 times earnings. However, with recent fuel costs rising, the premiums for transportation support businesses have declined due to the volatility of the oil markets. It should be noted that Mr. Doe intends to operate this business for a significant period of time, and a potential exit strategy would not be executed for at least five to seven years.
3.0 Products and Services
Below is a description of the services offered by the Airport Shuttle.
3.1 Outsourced Transportation Service
As stated in the executive summary, the business intends to immediately acquire two van type transportation vehicles that will make ongoing routes through the Company’s targeted airport on a 24 hour a day basis. The business will generate all of its income from relationships that are to be developed with car rental agencies as well as local hotels. The business will use specialized signage on its initial vehicles so that individuals that are in need of transportation to these hotel and car rental locations can quickly find the business. The Company will employ three to four drivers from the onset of operations that will operate the two vehicles on a round the clock basis.
During busy seasons and during busy traveling hours, the Company will charge surcharges for fuel that are related to having to provide more frequent trips to the airport coupled with returns to the contracted hotel or car rental agency.
4.0 Strategic and Market Analysis
4.1 Economic Outlook
This section of the analysis will detail the economic climate, the airline support industry, the customer profile, and the competition that the business will face as it progresses through its business operations.
Currently, the economic market condition in the United States
is moderate. Unemployment rates have declined while asset prices have risen substantially. As such, now is a strong economic climate for starting a new business.
4.2 Industry Analysis
There are 1,500 companies in the United States that on ground services to airports (and related companies near airports). In each of the last five years, these businesses have aggregate generated $3.7 billion dollars. The industry employs 60,000.
As transportation costs have increased, airports, car rental agencies, and local hotels have sought to reduce their overhead expenditures by outsourcing management services to third party companies. As such, Airport Shuttle is an excellent position to expand within this market over the next five years.
The growth of this industry is expected to equal that of the
US economy in general.
4.3 Customer Profile
Common traits among clients
Has gross revenues in excess of $20 million.
Is seeking to reduce costs related to non-core on ground services.
Operations witin the State of New York.
4.4 Competitive Analysis
This is one of the sections of
the business plan that you must write completely on your own. The key to writing
a strong competitive analysis is that you do your research on the local
competition. Find out who your competitors are by searching online directories
and searching in your local Yellow Pages. If there are a number of competitors
in the same industry (meaning that it is not feasible to describe each one) then
showcase the number of businesses that compete with you, and why your business
will provide customers with service/products that are of better quality or less
expensive than your competition.
5.0 Marketing Plan
The Airport Shuttle intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Airport Shuttle.
5.1 Marketing Objectives
Develop strong contractual relationships with airports (via their car rental agencies and local hotels) within
Establish a large web presence to promote traffic to the Company’s website.
Maintain proper licensure for operating an on ground airport related support service business.
5.2 Marketing Strategies
At the onset operations, a sales representative hired by the Company will aggressively pursue clients so that the business can provide airport shuttle services. These sales agent(s) will be heavily rewarded for closing contracts with car rental agencies and local hotels. Mr. Doe will also develop extensive sales literature and sales brochures that will showcase the cost effectiveness, relevant licensure, and contact information for the business. Once these relationships are in place, very little ongoing marketing will be required.
In this section, describe the pricing of your services and products. You should provide as much
information as possible about your pricing as possible in this section. However,
if you have hundreds of items, condense your product list categorically. This
section of the business plan should not span more than 1 page.more than 1 page.
6.0 Organizational Plan and Personnel Summary
6.1 Corporate Organization
6.2 Organizational Budget
6.3 Management Biographies
In this section of the business plan, you should write a two to four paragraph biography
about your work experience, your education, and your skill set. For each owner or
key employee, you should provide a brief biography in this section.
7.0 Financial Plan
7.1 Underlying Assumptions
The Company has based its
proforma financial statements on the following:
Airport Shuttle will
have an annual revenue growth rate of 16% per year.
The Owner will acquire $150,000
of debt funds to develop the business.
The loan will have a 10 year
term with a 9% interest rate.
7.2 Sensitivity Analysis
The Company’s revenues are sensitive to a number of external environmental factors that are beyond its control. Airport shuttle service revenues are not subject to changes in the general economy as companies will continue to need these services despite deleterious economic changes.
7.3 Source of Funds
7.4 General Assumptions
7.5 Profit and Loss Statements
7.6 Cash Flow Analysis
7.7 Balance Sheet
7.8 General Assumptions
7.9 Business Ratios
Expanded Profit and Loss Statements
Expanded Cash Flow Analysis