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PRE-OPENING EXPENSE
Land and Building
Land	$185,000
Total building construction	750,000
(600 seat theatre, stage lighting and sound systems, stage drapes, etc.)
Parking area improvements	20,000
Fees and permits	5,000
Architect and real estate fees	30.000
Total (loan package)	$990,000
Cash infusion (20%)	198.000
To be financed	$792,000
Pre-opening theatre operating expenses
Personnel: (Management and Artistic)
18 full time and 18 part time FICA, etc., @ 20%
Total
Other	
Telephone	$ 1,000
Programs	3,000
Office Supplies	1,000
Gift shop/bar inventory	13,000
Make-up	1,500
Flats	4,500
Cleaning supplies	500
Paper products	500
Insurance	2,500
Licenses and legal fees	5,000
Advertising	30,000
Designs/arrangements/royalties	2,000
Cash registers	500
Computer w/printer and software (Box Office)	2,500
Shop tools	3,000
Sewing Machine	1,000
Furniture (stage and porch)	4,000
Piano	3,000
Costumes	5.000
Total	$ 83,500
Total Pre-opening Theatre Operating Expense	$208,300
When all outstanding stock is sold, $984,000 will be received with $10,000 spent on stock sale expenses. After all of the above pre-opening expenses are paid, the remaining proceeds of $597,000 will be used to stabilize the business (if needed), capital requirements, and other expenses as directed by the Board.
$104,000
20.800
$124,800