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I. Introduction

The objective of this document is to provide information regarding

investment opportunity for setting up a food cart, providing a unique product

like our product fried balut which are not offered in other stalls in the area. Balut

is the original pinoy food delicacy and fried balut is new and affordable to the

customer. It is healthy and can give satisfaction to the customers who love to eat

street foods. The food cart will be established in the City of San Fernando Night

Market.

II. Summary of the Project Study

a. Name of the firm: JF TASTY BALUT ON STICK

b. Location: San Fernando City Night Market

c. Brief description of the project:

Our product can simple be described as fried balut that can be add a new

taste to the well-known pinoy food lovers especially street foods. 2 pieces of

fried balut will serve in a plastic cup filled with sauce depending upon the

request of the customer. The different selection of sauces are sweet and sour,

spicy sauce and barbecue type sauce. The product will cost 38 pesos only with

free iced tea drinks.

III. Proponent, Management and Personnel

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 The proponent of the business is the manager and owner himself, John

Fran, who will finance and support the business. The proponent will hire one

helper to help and assist the proponent in preparing and selling the product

during its operation.

IV. Market Study

a. Market description:

The business wants to serve people and give them the delicious delicacy that

every Filipino must taste. It penetrates the market mainly with the masses, who love

eating street foods.

b. Brief description of the project:

The proponent will sell fried balut (2 pieces of fried balut) with sauce, place in a

plastic cup together with the stick on it. The product cost 38 pesos with free iced tea

drinks.

c. Supply:

The proponent will have its tie-up with Bolong Farm to supply the business with

fresh balut eggs every week in bulk order.

d. Proposed Marketing Program:

The proponent will advertise the business in the social media like

Facebook and Instagram and create page to let the people aware of the product.

The proponent will have its own food cart to be place in the night market.

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 e. Projected Sales:

38 pesos x 40 orders per night x 7 days = P10, 640

10,640 pesos x 4 weeks = P42, 560

42,560 pesos x 12 months = P510, 720

Total gross income: = P510, 720

V. Technical and Production Study

a. Product or Service

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 b. Production Process

BOILING OF BALUT
EGGS

PEELING OF EGGS

MIX WITH FLOUR

and Spices like salt
and pepper

FRYING

Procedure

1. Boil the fresh balut eggs in water for 10 to 15 minutes and add a little salt. Drain the eggs and

put tap water to cool.

2. Peel the eggs and coat with flour. Set aside.

3. To make the batter; in a bowl, mix the flour, salt, pepper and water.

4. While mixing, add a few drops of food coloring.

5. In a deep frying pan, heat enough oil to deep fry the eggs. Don't overcrowd the pan with eggs. 3

to 4 eggs per batch is enough to avoid the battered eggs from sticking with each other.

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6. Fry until the batter is crispy and remove from pan using a slotted spoon. Drain with paper towels

or use a strainer to drain excess oil. Serve hot with dipping sauce.

7. To make the dipping sauce; just combine vinegar, soy sauce, sugar, onions, water and chili. Mix
very well until all the sugar is dissolved.

c. Waste Disposal:

The eggshell can be crush and feed it back to the chicken or duck because it

contains calcium. The crushed shell can be used in the garden to deter pests and a

fertilizer as well. It can also be used as a garbage disposal cleaner.

d. Producing Cost:

Eggs (balut) =P8

Eggs (plain) =P5

Cooking oil =P2

Flour =P2

Sauce ingredients =P2

Materials:

Plastic cup and stick = P2

Total cost = P16

16 x 30% = P4.8

4.8 + 16 = P20.8 or P20

Total = P20

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VI. Financial Study

i. Total Project Cost:

Monthly Rent 1400

Permits 150
Monthly Salary 4500

Materials and Equipment:

Food cart 5000
Gasul 2300
Single burner 450
Frying pan 450
Balut Eggs 2100
Plain Eggs 1500
Flour 550
Cooking oil 1300
Plastic cups 260
Stick 150
Ketchup 350
Pepper 150
Onions 150
Garlic 150
Food coloring 130
Salt 150
Vinegar 350
Sugar 150
Ice tea 250

Total P21, 940

ii. Initial capital requirements:

The proponent initial capital is P22, 000 pesos.

iii. Pre-operating cash flows relative to project timetable:

CASH FLOW STATEMENT

JF BALUT ON STICK

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 January 2017 – December 2017

Cash received from customers 510,720

Cash paid for rent 16,800

Cash paid for salaries 54,000

Purchased Inventory (supplies) 8,000

Total 78,800 78,800

Total cash provided for operation P431, 920

BALANCE SHEET
JF BALUT ON STICK
January 2017 – December 2017

Assets: Current Liabilities:

Cash on Hand 10,000 Rent payable 1,400

Cash on Bank 7,000 Inventory 2,100
Supplies 2,000 Permits 300
Food cart 4,000
Gas stove 400 Total 3,800
Gas tank 400
Owners’ Equity :

Capital 20,000

Total P23, 800 Total P23, 800

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 Income Statement
JF TASTY BALUT ON STICK
January 2017 – December 2017

Gross Income 510,720

Less:
Expenses
Rent 16,800
Salary 54,000
Tax/permits 3,600
Cellphone Load 4,200
Gasul 5,880
Fuel (service) 20,000
Materials and Supplies 144,000
Food Cart Maintenance 3,500
251,980

TOTAL NET INCOME P258, 740

iv. Financial projections for 5 years of operations to include in balance sheet and
income statement.

Income Statement
JF TASTY BALUT ON STICK
January 2017 – December 2022

Gross Income P2, 553,600

Less:
Expenses
Rent 84,000
Salary 270,000
Tax/permits 18,000
Cellphone Load 21,000
Gasul 29,400

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 Fuel (service) 100,000
Materials and Supplies 720,000
Food Cart Maintenance 17,500
P1, 259,900

TOTAL NET INCOME P1, 293,700

VII. Social Benefit Study

a. Contributions to government revenues

Before the business operates, the proponent will acquire and obtain legal

requirements and permits to the municipal office. The contribution of the

business is the monthly payment of space or rent.

b. Contributions to the Philippine household

The business will be opening new opportunities to all the people who are

interested in part-time jobs especially to those students, undergraduate, or any

person who needs extra income.

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