Financial Model, Hospitality, Service Businesses, Transport, Travel Services

5-year Financial Projections, Break-Even, Budgeting, Business Valuation, Cash Flow Projections, Cost Projections, DCF Model, Excel, Financial Analysis, Financial Model, Financial Modeling, Financial Planning, Financial Projections, Financial Ratios, Financial Reporting, Financial Statements, Financing, Forecasting, Investor Cash Flows, IRR (Internal Rate of Return), Management, Payback Period, Revenue Projections, Scenario Analysis, Sensitivity Analysis, Startup Financial Models, Terminal Value, Three Statement Model | Three Financial Statements, Variance Analysis

 

A shuttle service regularly transports 10 or more travelers, typically by bus or van, from one place to another. Shuttles are attractive to travelers because they are often cheaper than self-parking or taxis.

There are essentially two types of shuttles: scheduled shuttle services, which run on a pre-scheduled loop between set locations, and on-demand shuttle services, which go to and from different locations depending on the passengers’ needs.

With travel increasing again, now is a good time to start a shuttle service. Shuttle services now have a unique opportunity to partner with area businesses—including hotels and shopping centers—to capitalize on increased activity in the travel, hospitality, and retail sectors. If run efficiently and effectively, shuttle services can be a good way to make money—particularly if they tap into high-traffic routes or use technology to run their routes more optimally.

This Financial Model presents a business scenario of a startup Shuttle Services Firm offering both scheduled and on-demand shuttle services. The model provides an advanced 5-year financial plan aiming to assist owners in forecasting the company’s financial and operational activities. It includes assumptions and calculations of business operating metrics, buses fleet, revenue, and cost of services assumptions for both revenue sources, calculation of Drivers needed for the services, Direct & Indirect Payroll, Operating Expenses, Fixed Assets, and Depreciation, Financing through Debt & Equity, and Exit Valuation in case of a potential sale of the business.

The template structure follows Financial Modeling Best Practices principles and is fully customizable.
Detailed instructions for the model’s functionality are included in the Excel file.

Model Inputs and Setup Reports:
• General Setup Assumptions incl. Startup Expenses, Buses Fleet, Revenue and Direct Costs Assumptions, Financing (Debt & Equity), etc.
• Yr1 Payroll incl. Drivers Needed, Hiring Schedule of FTEs per Position/Month, Salary per FTE, Payroll Taxes & Benefits, and two different Bonus Schemes.
• Yr1 OpEx and Annual Capex incl. Depreciation Schedule
• Yr1 Revenue and Cost of Service Calculations for Scheduled and On-Demand Shuttle Services
• Forecast Scenarios

Starting Year Output Reports:
• Yr1 Monthly Budget and Actual Reports
• Yr1 Profit & Loss Statement Summary with a dynamic functionality to include Actual figures for the current and preceding months and budget figures for the rest.
• Yr1 Budget vs. Actual Variance Analysis at a YTD and Monthly level

5-Year Forecast Output Reports:
• Annual Financial Statements (3 Statement model)
• Break-Even Analysis
• Financial Ratios including several Profitability, Efficiency, Liquidity, and Leverage (Solvency) Ratios
• Performance Dashboard
• Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
• Investor Returns (4-tier IRR hurdle waterfall model to distribute proceeds between investors)
• Professional Executive Summary (can be used for investment decisions)

The Model is available in 2 Versions (Standard and Premium)

Standard Version Includes:
• All Input Reports
• Yr1 Budget and Actual Reports
• Yr1 Profit & Loss Statement Summary
• Annual Financial Statements (3 Statement model)
• Financial Ratios
• Performance Dashboard

Premium Version includes all features of the Standard Version plus:
• Budget vs. Actual Variance Analysis
• Break-even Analysis
• Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
• Investor Returns Waterfall Model
• Executive Summary

A PDF Free Demo of the Premium Version is provided if you wish to view all model worksheets before your purchase.

Help & Support

Committed to high quality and customer satisfaction, all our templates follow best practice financial modeling principles and are thoughtfully and carefully designed, keeping the user’s needs and comfort in mind.

Whether you have no experience or are well versed in finance, accounting, and the use of Microsoft Excel, our professional financial models are the right tools to boost your business operations!

If you experience any difficulty while using this template and cannot find the appropriate guidance in the provided instructions, please feel free to contact us for assistance.

If you need a template customized for your business requirements, please e-mail us and explain your specific needs briefly.