RESTAURANT BUSINESS PLAN TEMPLATE

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Launching and running a restaurant business is one of the most attractive types of investment. Almost every professional chef thinks about how to open a restaurant. Do you want to realize your creative potential, receive great satisfaction from the favorite business? Note that the profitability of such a business remains quite high, even in a crisis. Therefore the investments made in it with the competent organization of the process will pay off quickly enough.

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Get a Best Restaurant Business Plan Template.

Buy Restaurant Business Plan template. Plan Cash Flow with Excel Restaurant. Check how to start a Restaurant and save your time!

Launching and running a restaurant business is one of the most attractive types of investment. Almost every professional chef thinks about how to open a restaurant. Do you want to realize your creative potential, receive great satisfaction from the favorite business? Note that the profitability of such a business remains quite high, even in a crisis. Therefore the investments made in it with the competent organization of the process will pay off quickly enough.

But the start of a commercial project is not possible without a detailed and carefully worked out business plan. It will help you bring together all the ideas and developments, as well as to focus on crucial points, without which it is impossible to develop a business.
Our experts have created a complete business plan for the restaurant, which will help you to start your own business. It contains all the tools necessary for planning, launching, and creating a successful small or huge restaurant with any cuisine. The advantage of our template is that you do not need to have technical skills or knowledge in the field of finance. The model is ready for use. Everyone can work with it.
Thanks to the restaurant business plan, you will receive a 5-year financial forecast, taking into account the workload, average weekly sales, costs to open a restaurant (startup costs).

Restaurant Financial Plan Template Will Help You

  • Set up products, sales mix, price and COGS by years
  • Create Sales Mix assumption plan
  • Analyze sales and profitability by product category
  • Target your inventory safety stock level
  • Create Weekdays Revenue assumption plan
  • Create flexible, 5-year Expense Assumption Plan
  • Schedule your Startup Loan repayments
  • Use 161 Currencies for inputs and outputs
  • Reckon a break-even point and return on investment
  • Plan the costs for opening and operating activities

Benefits of using a Restaurant Financial Plan Excel Template

Get a Robust, Powerful and Flexible Financial Model
This well-tested, robust and powerful Excel template is your solid foundation to plan a wide range of different business models. Advanced users are free to expand and tailor all sheets as desired, to handle specific requirements or to get into greater detail.

Graphical visualization in a convenient dashboard all in one
All necessary reports and calculations, including variable data for your easement, are displayed on a convenient dashboard. You do not need to move between sheets to compare important data – everything is visible immediately.

Update anytime
You can easily adjust inputs at the launch stage and throughout the further activities of your store to refine your forecast.

Weekday Revenue Assumption Plan
Wouldn’t it be great to have an estimate of how many working days you’ll have per year, as well as – which ones will be the busiest? Financial Template includes a weekday revenue assumption plan. You will find which days bring in the most revenue and be able to plan ahead for the busy periods.

Follow Seasonality Trends
Most Restaurants has to adapt to some sort of seasonality trends. Your area might be flooded with visitors over the summer, but over the winter your sales decline. Or you might have special Christmas selection. This template will help you keep track of seasonality trends year-round.

Analyze Each Product’s Performance
Most likely, you have several product categories or at least several variations for your core product. The template will help you neatly organize various product variations and categories to analyze which product brings in most of your profits, and which might require a recipe’s update. You will be able to break down sales forecast for 5 products and estimate each product COGS: cost of products, cost of storage, cost of labor and overhead expenses.

All necessary reports
When creating a floral shop business plan, you will not need to independently prepare financial reports and study the requirements for them. Our Excel template contains all the necessary reports and calculations that correspond with the lender’s demand.

Key Metrics Analysis
Creates 5-year financial projections, proforma, financial statements, and financial ratios in GAAP or IFRS formats on the fly.

Restaurant Financial Plan Template Reports


Saves you time
Allows you to spend less time on finances and more time on your products, customers and business development

All-in-one Dashboard
consists of Income Statement, Balance sheet and Cash flow statement monthly and annual information, presented both with figures and charts

Financial performance KPIs
here is where you can track your core financial performance indicators in the form of charts.

Break-even point calculation
This indicator is calculated at the beginning of each startup for understanding whether it is appropriate for doing this kind of business. It shows what revenue should be to cover all the costs of doing business, including taxes. When it is reached, the company begins to bring in profits, which means that the investments made in the startup start to pay off.

Industry benchmarks
comparison of performance indicators in the model and in the industry.

Top Expenses
This tab displays your 4 biggest expense categories and the rest of the expenses as the “other”.

Loan Amortization Schedule
You can find this in the “Capital” tab, where you can see internal calculations of the loans, interest, and equity.

Valuation Report
with just a few rate inputs in the Cost of Capital, we have a Discounted Cash Flow valuation calculated

Profit and Loss Statement
It indicates how much an enterprise earns, its income and expenses and its ability to gain money.

Top Revenue
Analysis of the revenue streams by each product category

Pre-built Integrated Financial Statement Structure
all of the core financial statements (Balance sheet, income statement, cash flow and statement of shareholder’s capital) are precisely defined and connected with the inputs

Update anytime
You can easily adjust inputs at the launch stage and throughout the further activities of your store to refine your forecast.

Originally published at finmodelslab.com

SETTING UP PURPOSES AND FORMING A PLAN

Key questions/purposes which will be answered with the help of the restaurant financial Excel model are as follows:

  • to understand, whether the restaurant business idea is profitable
  • to calculate the overall costs of starting a restaurant
  • to calculate expenses on salaries and wages of restaurant workers
  • to calculate expenses on starting a restaurant and running a restaurant
  • to estimate costs of debt and time needed to loan payback
  • to calculate the safety stock level and maintain it
  • to craft an effective strategy for restaurant business development
  • to estimate how much does it cost to open a restaurant
  • to estimate how much do restaurant owners make.

The model consists of:

  • Dashboard with core assumptions, financials, and outputs
  • Workload-based on days open per week and weekends & holidays per year drivers
  • Revenue calculations based on sales mix and daily revenue drivers
  • Margin calculations based on food & beverage margin drivers
  • Flexible revenue & expenses setup
  • Simple by efficient safety stock setup
  • Expenses, Wages and staff strength model
  • Summary Financial metrics on graphs
  • Top Revenue & Top Expenses reports
  • Break-even Analysis
  • Debt Financing and repayment schedule
  • Income Statement, Cash Flow Statement direct & indirect, and Balance Sheet for 5 years
  • DCF Valuation of the Restaurant

First and foremost, we did not hard-code any assumptions.

It is very helpful both for the client and financial modeler, as all the variables could be edited directly from the dashboard or from the revenue/expense/wages/etc sections.

Thanks to that, we could test different alternatives and make any edits literally on the fly.

Besides it, the fiscal year is editable. You may start your restaurant business plan financial model in the middle of the year.

Last but not least, the restaurant business plan financial model considered the interest and the repayment period of the debt.

As a result, the user received maximally accurate financial statement summary.

Thus, our restaurant financial metrics are flexible and editable, which provides the client with great user experience and confidence in the profitability of your business idea.

Use our professional restaurant financial model Excel template when starting a restaurant. Financial planning is one of the crucial steps in starting a restaurant. Every restaurant can benefit from a best-practice restaurant business plan enhanced with a budget for starting a restaurant.

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RESTAURANT BUSINESS PLAN TEMPLATE

RESTAURANT BUSINESS PLAN TEMPLATE

EUR 80.00EUR 160.00 (-50%)

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