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Shuttle Business(LAX to LA and Ventura County)

Shuttle Business(LAX to LA and Ventura County) . By Rajeev Varma Datla SaiKrishna Reddy Eppa Syed Muhammad Ali Kazmi Muhammad Muddasir Khan Maheesha Samanthapudi Najmussaqib. Team Members. overview. I ntroduction.

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Shuttle Business(LAX to LA and Ventura County)

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  1. Shuttle Business(LAX to LA and Ventura County) By Rajeev Varma Datla SaiKrishna Reddy Eppa Syed Muhammad Ali Kazmi Muhammad Muddasir Khan MaheeshaSamanthapudi Najmussaqib

  2. Team Members Muhammad Muddasir Khan

  3. overview Muhammad MuddasirKhan

  4. Introduction • Metro Shuttle Transportation Service is a LAX based service, providing shared-ride door to door transportation service. • Provides service for the passenger from LAX to 6 different cities in LA county and 4 different cities in Ventura County • Currently operates 10 shuttles • Working Hours : 5AM to Midnight Muhammad Muddasir Khan

  5. Vehicle used by the company • Model: Ford E150, 7 Passenger • Cost: $ 28,753 per car • 7 passenger • 3 Door • Mileage : 14 mpg Muhammad Muddasir Khan

  6. Service provided to cities in LA county Syed Muhammad Ali Kazmi

  7. Service provided to cities in Ventura county Syed Muhammad Ali Kazmi

  8. Office • Total of 3 offices. • Headquarters – Near LAX (includes office space + parking space) • 1 mini office in Glendale for LA county (includes 1 parking space) • 1 mini office in Ventura for Ventura County (includes 1 parking space) Syed Muhammad Ali Kazmi

  9. Staff • 3 drivers per car who work 1 shift everyday. All the drivers are employed at • At the Headquarters: • 1 receptionist, • 3 phone operators, • 1 mechanic, • 1 janitor • 3 people coordinating at the LA AirPort • At the office at Glendale: 1 coordinator • At the office at Ventura: 1 coordinator Syed Muhammad Ali Kazmi

  10. Permits and License Najmussaqib

  11. Assumptions • Bank Loan : 2.25% • Car loan : 1.99% • Marr : 10% • Income Tax : 35% • Bookings increase by 10% every month Najmussaqib

  12. Personnel Plan Najmussaqib

  13. fares SaiKrishna Reddy Eppa

  14. Start up costs SaiKrishna Reddy Eppa

  15. Start up costs SaiKrishna Reddy Eppa

  16. Fuel cost SaiKrishna Reddy Eppa

  17. Monthly Expenses Rajeev Varma Datla

  18. Rajeev Varma Datla

  19. Estimated Expenses for three years Rajeev Varma Datla

  20. Profit and loss Maheesha Samanthapudi

  21. Maheesha Samanthapudi

  22. Maheesha Samanthapudi

  23. Breakeven analysis Maheesha Samanthapudi

  24. Cash flow diagram Maheesha Samanthapudi

  25. Maheesha Samanthapudi

  26. conclusion • Considering the various aspects of a shuttle transportation service, the startup and monthly costs were estimated. • Furthermore, the cash flows for the first three year of the business were calculation. • Based on the calculation, we believe the shuttle transportation business has further scope for expanding in the next few years. Rajeev Varma Datla

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