Business
Case Study · Financial Model & Business Plan

Premium Gelato Café

Anonymized demonstration case · Victoria, BC

A first-time café operator needed bank financing. Clariva built a loan-ready, fully-integrated 5-year financial model and an investor-grade business plan, prepared to a lender-ready standard for a CSBFP loan application.

CSBFP Loan Application 5-Year Monthly Model 3-Statement · Integrated 34-Page Business Plan
$70.9K
Financing structured
CSBFP
5.98×
Year-1 debt-service coverage
req. ≥ 1.25×
Month 6
Cash-flow breakeven
Jun 2026
12.0%
5-yr revenue CAGR
$333K→$523K
30.9%
Year-5 EBITDA margin
from 17.8%
67.1%
Gross margin
vs 65–75% benchmark

Make a new café bankable.

A husband-and-wife team was opening a premium gelato café and needed approval under the Canada Small Business Financing Program (CSBFP). Lenders require more than optimism: a defensible, fully-integrated financial model, a credible business plan, proven debt-service capacity, and assumptions traceable to real sources.

The owners had a strong concept — but no lender-ready numbers. Clariva turned the concept into an institutional-grade financial package.

The deliverables.

  • 5-Year Integrated 3-Statement ModelMonth-by-month P&L, Balance Sheet & Cash Flow — linked and balanced in every one of 60 periods.
  • Bottom-Up Revenue & Unit EconomicsPrice points, scoop size, waffle attach rate, pint mix and seasonality — not top-down guesswork.
  • COGS & Operating-Cost BuildIngredient cost per litre, overrun & loss; seasonal labour, rent, utilities and marketing.
  • Debt Schedule & DSCR AnalysisCSBFP term loan + revolving credit line, interest-only period, and coverage testing.
  • Cost of Capital & ValuationWACC built from Damodaran & Kroll data — included in the investor edition.
  • 34-Page Business PlanMarket sizing (TAM/SAM/SOM), competitive analysis, operations and funding request.

Revenue & EBITDA, 2026–2030

Revenue EBITDA
100 200 300 400 500 0 CAD '000 333 59 2026 467 137 2027 486 145 2028 513 158 2029 523 162 2030

EBITDA margin expands from 17.8% to 30.9% on operating leverage; revenue grows at a conservative 12% CAGR, well inside the $400K–$700K independent-shop benchmark.

Methodology, not optimism.

01

Bottom-up operational drivers

Every dollar of revenue and cost traces to a real operating assumption — transactions, price, attach rates, shifts — so the model flexes with reality.

02

Sourced macro assumptions

Inflation, tax and cost-of-capital inputs cited from the Bank of Canada, IMF, OECD, Damodaran and Kroll — auditable, not invented.

03

Built-in integrity checks

The balance sheet balances in every month, cash roll-forward ties out, and tax reconciles — the checks a credit officer looks for first.

04

Lender & investor editions

A bank edition focused on DSCR, repayment and cash flow; a full investor edition with valuation — same engine, right lens for each reader.

The package.

Financial Model
5-year, month-by-month, fully integrated. Lender & investor editions.
Excel · .xlsx
Business Plan
34 pages: market, operations, competition, funding request.
Word + PDF
Cost-of-Capital Workbook
WACC build with full source citations and two scenarios.
Excel · .xlsx
Assumptions & Sources
Documented inputs, benchmarks and references behind every number.
Appendix

See the standard for yourself. An 8-page excerpt from a complete 34-page, bank-ready business plan. (PDF, 8 pages)

Download the sample plan

Get a model like this for your business.

Whether you're raising debt, courting investors, or just want to run on real numbers — Clariva builds the financial model and plan that gets you a yes.

Anonymized demonstration case. Based on a real business plan and financial model built by Clariva; the business, its name and its location details have been anonymized. All figures are model projections illustrating our standard of work — they are not an achieved result, an offer of financing, or a guarantee of approval.