The Restaurant and Bar Business Plan is a comprehensive, formal business plan detailing the strategy for
developing a full-service restaurant and bar. The venture is expected to generate positive net earnings in the fifth month of the first year of operations.
The establishment is owned and operated by a married couple who together have over 20 years experience in managing successful restaurants.
Positioned as a high-value dining experience, the restaurant caters to families, singles and business clientele.
Restaurant and Bar Sample Business Plan
Written by expert MBA business plan writers, the Restaurant and Bar Business Plan is a comprehensive,
formal business plan detailing the launch of a full-service restaurant and bar.
The Restaurant and Bar Table of Contents
includes comprehensive, detailed sections of a formal business plan, presented in a format approved and expected by banks and investors.
Restaurant and Bar Business Plan Contents
The Restaurant and Bar business plan provides methods for forecasting daily customer projections, demographic data that supports the restaurant's sales projections, restaurant and bar menu pricing formulas, a data-rich analysis of the state of the restaurant industry, and a concise Executive Summary for a Restaurant and Bar business plan
Restaurant and Bar Detailed Sections
The Restaurant and Bar business plan explains the restaurant's financial plan and details the cash flow required to start and run the restaurant. The business plan provides an analysis of a typical restaurant startup and details how the owners need $200,000 in startup funds to launch to the restaurant and bar. In the case of this example restaurant and bar, the owners will contribute $50,000 toward startup costs and are seeking a conventional loan of $150,000 to complete the required startup funding. The business plan includes detailed sections on:
- Restaurant Industry Market Analysis
- Menu Pricing Formulas
- Customer Population and Demographics to Forecast Sales
- Sales Forecasting (12-month and 3-year)
- Personnel Plan (12-month and 3-year)
- Break Even Analysis
- Profit and Loss Forecast(12-month and 3-year)
- Break Even Analysis Profit and Loss Forecast(12-month and 3-year)
- Cash Flow Forecast (12-month and 3-year)
- Balance Sheet Forecast (12-month and 3-year)
- Exit Strategy
A complete, detailed and fully explained Financial Plan is included in the business plan. To succeed over the long-term and generate revenue appropriate for turning a net profit and servicing a conventional loan obligation, the owners have
established the following goals, each of which is demonstrated in the business plan:
- Maintain a Gross Margin of 65%
- Maintain a Net Profit from Sales of 5% annually
- Maintain a Cost of Goods of less than 36% for food and 25% for beverages
- Maintain a Cost of Labor of less than 25% of revenue
- Maintain a Sales & Marketing budget of 1.9%
The owner's mission is to develop a fiscally-sound, uniquely branded restaurant and bar that defines an exceptional dining experience for business people, singles, and families.
The Restaurant and Bar Business Plan is an indispensable guide to launching and running a
successful restaurant and bar business.