Free Cleaning Services Profit & Loss Statement Template
Cleaning Services Profit & Loss Statement
Prepared by: [YOUR NAME]
This Profit and Loss Statement offers an in-depth analysis of the financial performance of [Your Company Name]'s cleaning services for the fiscal year ending December 31, 2050. It highlights our revenues, costs, and expenses, providing a detailed view of our profitability and operational efficiency.
Section |
Description |
Amount (USD) |
---|---|---|
Revenue |
||
Gross Sales |
$1,200,000 |
|
Less: Sales Returns and Allowances |
($40,000) |
|
Net Sales |
$1,160,000 |
|
Cost of Goods Sold (COGS) |
||
Cost of Cleaning Supplies |
$100,000 |
|
Other Direct Costs |
$50,000 |
|
Total COGS |
$150,000 |
|
Gross Profit |
Total Revenue - COGS |
$1,010,000 |
Operating Expenses |
||
Salaries and Employee Benefits |
$450,000 |
|
Rent and Utilities |
$100,000 |
|
Depreciation |
$30,000 |
|
Other Operating Expenses |
$40,000 |
|
Total Operating Expenses |
$620,000 |
|
Net Profit Before Taxes |
Gross Profit - Total Operating Expenses |
$390,000 |
Taxes (Estimated at 20%) |
||
Taxes |
$78,000 |
|
Net Profit (Loss) After Taxes |
Net Profit Before Taxes - Taxes |
$312,000 |
For the fiscal year 2050, [Your Company Name] has achieved a net profit of $312,000 after taxes. This performance underscores our ability to efficiently manage costs while scaling revenues. Our focus remains on leveraging strategic opportunities to enhance operational efficiencies and expand our market presence, aiming to deliver even greater value to our clients and stakeholders in the coming years.