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Canonical Figures

This page is the single source of truth for the model. Every article on this site pulls its numbers from here — so if a figure changes, it changes once, in one place. All values come from the master P&L spreadsheet (istinski exel.xlsx).

NOTE

Currency is Bulgarian lev (BGN / лв). One season = one harvest year.

Land & yield

ParameterValue
Cultivated area15 декара
Assumed yield500 kg/декар
Raw fruit per season7,500 kg
Dehydration weight loss90%

Raw-fruit allocation across products

ProductShare of fruitRaw kg
Jam (Конфитюр)20%1,500
Syrup (Сироп)20%1,500
Healing syrup (Целебен сироп)10%750
Dried (Сушени малини)20%1,500
Pestil (Малинов пестил)20%1,500
Flour (Малиново брашно)10%750

The eight SKUs — cost, price, revenue

SKUUnitsUnit cost (лв)Retail (лв)Revenue (лв)% of revenue
Jam 314 g5,0852.625.2019,83121.9%
Syrup 500 ml2,9223.757.5016,43718.1%
Syrup 750 ml1,9485.3610.7015,63317.3%
Dried 40 g3,7501.963.9010,96912.1%
Pestil 1 kg15041.8583.709,41610.4%
Healing syrup 500 ml1,3503.497.007,0887.8%
Healing syrup 750 ml9004.979.906,6837.4%
Flour 1 kg7540.5281.004,5565.0%
Total90,612100%

Margin per kilogram of finished product

SKUMargin / unit (лв)Margin / kg of product (лв)
Jam 314 g2.588.22
Dried 40 g1.9448.50
Pestil 1 kg41.8541.85
Flour 1 kg40.4840.48

Input prices

InputPrice
Raw raspberries (internal transfer)3.80 лв/kg
Brown unrefined sugar2.00 лв/kg
Citric acid4.60 лв/kg
Labour4.00 лв/hour

Operating expenses (per season)

CategoryлвShare
Management salary (60 лв/day × 60 days)3,60038%
Driver & distributor wages2,40025%
Fuel & consumables (distribution)1,56617%
Accounting90010%
Advertising5005%
Repairs & maintenance1802%
Cleaning supplies1201%
Electricity (outside recipes)1201%
Water60<1%
Total OpEx9,446100%

The P&L summary

Lineлв
Revenue (retail)90,612
Cost of goods sold60,592
Gross profit30,020
Gross margin~33%
Operating expenses9,446
EBITDA20,574
EBITDA margin~22.7%

Capital expenditure

Lineлв
Total initial investment (capex)12,883
Short-term loan fees80

Capex is not yet amortised in the OpEx table above. At a 7-year average asset life, true annual depreciation would be ~1,840 лв.

Sensitivity — what breaks the model

AssumptionBaseDownsideEBITDA impact
Yield (kg/декар)500380−24%, ~15,600 лв
Channel mix100% retail60% retail / 40% wholesale−10%, ~18,500 лв
Spoilage0%5%−2%, ~20,200 лв

A pessimistic scenario combining all three reduces EBITDA to roughly 11,200 лв.


Source: master P&L spreadsheet (istinski exel.xlsx), consolidated from the "01 - Source materials" folder.

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