Ice Cream Shop Financial Projections Template

Download an ice cream store financial plan template for your business at ProjectionHub. Generate an investor and lender-ready ice cream shop profit and loss statement within minutes with our specifically outlined ice cream shop financial projections template. Buy your ice cream store financial plan template today.

How it works?

Template price: $

79

  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

Our in house CPA designed a custom template that enables you to create professional grade projections based on your very own assumptions.

Create ready-to-go investor and lender projections in hours.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Built for ice cream shops specifically  — our ProjectionHub software has been used by more than 40,000 businesses to develop their own custom financial pro formas. Based on this experience we decided to create a do it yourself startup ice cream excel template that makes creating SBA and investor-ready financial projections for ice cream shops incredibly manageable.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get an ice cream shop template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days!

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Get the template

Step 2: Enter your assumptions on the input tabs

Sales Projections

  • The ice cream shop revenue model will help you forecast your in-store and catering revenue and cost of goods sold (direct food and direct labor costs) for five years by helping you determine expected patron visits and expected spend per customer for ice cream and other menu items. ​When you input your food costs and hourly employee needs, your cost of goods sold will be calculated and updated on the financial statements. The input values will flow directly through into the financial reports

Ice Cream Expenses Model

  • You will be directed to provide your other expenses in the operating expense sheet, which includes some suggested line items for the industry and some default amounts to help you get started. ​This model will feed into the expenses and cash flows on the financial statements for you. You can enter your monthly expenses as either fixed amounts or you can even set them as a percentage for variable costs like credit card processing fees. ​The first three months of the model are broken out separately so that you can account for start-up expenses. 

Ice Cream General Assumptions Tab

  • The general assumptions section will guide you to enter balance sheet items such as fixed assets like refrigerated display cases, ice cream machines, and furniture, as well as loans, investments,cost of goods, and more. The model will have you input some basic data so it can calculate the difficult things on your behalf: loan amortization, interest expense, depreciation expense, inventory purchases, etc. 

Ice Cream Shop Salaries Spreadsheet

  • The salaries sheet will help calculate monthly expenses for payroll, including items like employer taxes and benefits. This model also helps you plan for distributions and owner draws.

Step 3: The model is automatically updated based on your assumptions

Ice Cream Shop Financial Summary

  • The At-A-Glace tab shows you a pro forma snapshot in the form of graphs, charts, ratios, financial summaries - all visualized for easy interpretation and ready to be plugged into a pitch deck. 

Ice Cream Projected Financial Statements

  • There are six pro forma Financial Statement tabs included: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of each as well. 

Investor Friendly Report

  • Our template enables you and all stakeholders to test impact of changing each of the main assumptions of the model by editing any of the input fields or assumptions. This template produces forecast financial statements that will change automatically based upon any assumptions changed. This enables you to test how sensitive your model is to certain variables.

 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table ​​
  • Cash generated from operating activities graph ​
  • ​5 years of monthly and annual income statement, cash flow and balance sheet reports

  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

What others have to say about our templates

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get an ice cream shop template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days

Back to Top

Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
See How
Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

You may also like these templates

The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How much does it cost to run an ice cream shop?

According to ehopper research, it takes roughly $50,000 to operate an ice cream shop. Some of the major expenses include signage, insurance, paper products and freezers. Although it takes a significant investment to start this business, if you feature superior ice cream products, customers are likely to pay more and provide a healthy return on your investment. 

What is the profit margin on ice cream?

The average profit margin on ice cream is around 40%, depending on the quality of your products and your target market. If you manufacture your own ice cream instead of purchasing wholesale, you may be able to earn higher margins on your retail ice cream sales. 

How much money can you make selling ice cream?

Of course this depends on your specific concept, the size of your shop, and your product selection.  We recommend that you input your specific ice cream shop business plan assumptions into our financial model to help predict your potential operating profits. 

What day of the week is the most ice cream sold?

According to prnews, Sunday is the most popular day for ice cream sales. Additionally, July is the top selling month for most ice cream shops. 

What are the top 3 selling ice cream flavors?

According to an article from Newsweek, the most popular ice cream flavors in the United States are Chocolate, Vanilla, and Strawberry.

What age group eats the most ice cream?

According to csmonitor, individuals over age 55 eat more ice cream than the rest of the population. As you consider your ice cream shop marketing plan, you will want to keep this in mind. 


?