2015 2016
Revenues:
Rent from Sports Teams 465,000$ 490,575$
Rent from Events 729,000$ 769,095$
Equipment Rent 27,600$ 29,118$
Concessions (Gross) 2,512,000$ 2,612,480$
Merchandise (Gross) 244,600$ 244,600$
Advertising and Sponsorships 580,400$ 580,400$
Naming Rights 327,000$ 327,000$
Box Office 150,560$ 147,097$
Suite Revenue 781,700$ 781,700$
Club Seat Revenue 549,360$ 549,360$
Ticket Fees 654,000$ 638,958$
Parking 482,010$ 470,924$
Total Revenues 7,503,230$ 7,641,307$
Less COGS:
Concessions COGS 1,507,300$ 1,575,129$
Merchandise COGS 122,300$ 125,358$
Total COGS 1,629,600$ 1,700,486$
Gross Profit 5,873,630$ 5,940,821$
Operating Expenses:
Personnel 981,000$ 1,005,525$
G&A 218,000$ 223,450$
Non-reimbursed Event Costs 163,500$ 167,588$
Utilities 490,500$ 529,740$
Insurance 272,500$ 272,500$
Maintenance 369,800$ 379,045$
Contract Services 119,900$ 119,900$
Marketing and Promotion 218,000$ 218,000$
Management Fee 109,000$ 109,000$
Reserve 163,500$ 163,500$
Total Operating Expenses 3,105,700$ 3,188,248$
Operating Income (Loss) 2,767,930$ 2,752,573$
Columbia Arena Company
Pro Forma Operating Budget – 2016
2015 2016
Revenues:
Rent from Sports Teams 465,000$ 492,900$
Rent from Events 729,000$ 772,740$
Equipment Rent 27,600$ 29,256$
Concessions (Gross) 2,512,000$ 2,675,280$
Merchandise (Gross) 244,600$ 260,499$
Advertising and Sponsorships 580,400$ 592,008$
Naming Rights 327,000$ 327,000$
Box Office 150,560$ 147,097$
Suite Revenue 781,700$ 797,334$
Club Seat Revenue 549,360$ 560,347$
Ticket Fees 654,000$ 667,080$
Parking 482,010$ 491,650$
Total Revenues 7,503,230$ 7,813,192$
Less COGS:
Concessions COGS 1,507,300$ 1,575,129$
Merchandise COGS 122,300$ 125,358$
Total COGS 1,629,600$ 1,700,486$
Gross Profit 5,873,630$ 6,112,706$
Operating Expenses:
Personnel 981,000$ 945,000$
G&A 218,000$ 218,000$
Non-reimbursed Event Costs 163,500$ 163,500$
Utilities 490,500$ 529,740$
Insurance 272,500$ 272,500$
Maintenance 369,800$ 369,800$
Contract Services 119,900$ 119,900$
Marketing and Promotion 218,000$ 218,000$
Management Fee 109,000$ 109,000$
Reserve 163,500$ 113,500$
Total Operating Expenses 3,105,700$ 3,058,940$
Operating Income (Loss) 2,767,930$ 3,053,766$
Columbia Arena Company
Pro Forma Operating Budget – 2016