Kentino LimoPresented By: Katrina Arias, Michael

Urquhart, Andres Navia, Andres Duenas

“Always having your needs at hand”

Vehicles•2008 Cadillac Escalade Luxury •2009 Hummer H2 SUV Luxury •2007 Lincoln Town Car Signature•2007 Chrysler 300c

Every package includes complimentary martinis, or wine glasses for customers over the

age of 21.

2008 Cadillac Escalade Luxury

•$99, 900•20 people

2009 Hummer H2 SUV Luxury

•$109,900•20 people

2007 Lincoln Town Car Signat.

•$31,000•4 people

2007 Chrysler 300c

•$56,995•12 people

Drivers

•Jose Martin, age 55•Carlos Gonzalez, age 41•Jesus Perez, age 50

All drivers are happily married, experienced limo drivers of at

least 15 years, and have all gone through background checks.

Location •The limos will be kept in a central located garage.•They will be serviced by “Tidy Car Limousine and Car Wash Service” once a week.

Insurance

•Progressive auto insurance offers the best quote for all four vehicles including the three drivers. •12 month period- $18,884.98•Monthly- $1,573.75

License

•To begin your limousine company you need a limousine license paying a fee of $35 and there is an inspection fee of $20 per vehicle.

Training

•Training for three drivers will cost $450. The duration of the training is 2 weeks.

Competition

•The Kentino Limo company will be competing with other limousine services in the area, such as Denver Limo Company.

Capital

•Additional capital will be required. •The company will need to loan from the bank $255,245 to cover the limos, advertisement, services, insurance, and our drivers.

•Loan Amount- $255,245•Interest Rate- 8%•Loan Term- 30 Years•Start Date- March 2009 •Property Tax- 1.25%•PMI- .5%

Mortgage Information

Loan Summary

•Monthly Principal & Interest- $2,245.13•Total Interest Paid- $418,998.06•Pay Off Date- February 2039•Total of 360 Payments- $808, 246.68

Advertising

•Billboards – Roughly $1000 per month•Yellow Pages•Newspaper – Roughly $250 per ad•Television Commercial – Roughly $300 to produce

Goals

•Beginning with four vehicles and three drivers is a realistic goal for Kentino Limo Services and certainly expanding in the future.

Expanding the Company

•When the loans from the bank have been fully paid and the company starts making profit the company can expand.

Bibliography •www.limoforsale.com•Progressive representative •www.denverlimos.com•www.allseasonlimos.com

•www.royalelimo.com•www.tidacar.com •www.mortgagecalculatorplus.com