Restaurant Budget

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Restaurant Budget Save to MyRecipes

Postby crazychef99 on Fri Jan 26, 2007 4:04 pm

Anyone have a good template for a comprehensive restaurant budget. One that can foecast everything from soup to nuts in a year of operation??
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Re: Restaurant Budget Save to MyRecipes

Postby RedBeansNRice on Fri Jan 26, 2007 11:39 pm

Good Luck Brotha. It's not that easy. I think you will have better results adding some specifics to it, and even still>>>I have been doing my numbers, and every day I think I am done, I havve to go back to scratch. Some one in here gave an excellent way of starting to do figures> It started out basically saying do all your numbers and double it. I mean you have to consider location, seating capacity, staff, what sort of place will this be upscale or fast food, or everything in between, is the place you are looking at equiped, does it need to be refurbished, etc. I don't think anyone can forecast future pricing as these change every season due to energy price hikes, good weather/bad weather, frosts, strikes, wars, terrorist attacks, NAFTA, overstocks or understocking at your purveyors. Basically you have to get out there and get some research numbers done based on your best idea of the direction you want your place to go, and then...
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Re: Restaurant Budget Save to MyRecipes

Postby Derek Cooks on Sat Jan 27, 2007 1:54 pm

If you can find a good profit/loss statement, that would be a good place to start. Then you can build it in Exel or whatever.

Yeah, you gotta do your own homework. Your place won't be like anyone else's place, even if it's a McDonalds. Yup, even those fail.
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Re: Restaurant Budget Save to MyRecipes

Postby crazychef99 on Sat Jan 27, 2007 3:22 pm

I have a p & l template already, I just waned to get a look at others.... just to make sre I didn't leave anything out...
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Re: Restaurant Budget Save to MyRecipes

Postby teddy on Sat Jan 27, 2007 4:14 pm

Last years$ -This years$ -variance-variance %

Sales:
Food
Beverage
Total Sales
TOTAL COST OF SALES:
food
beverage
Total Cost of Sales
GROSS PROFIT:
food beverage
Total Gross Profit
OPERATING EXPENSES:
Salaries and Wages
Employee Benefits
Direct Operating Expense
Music/Entertainment
Marketing
Utility Services
Repairs/Maintenance
Admin./Gen
Occupancy
Depreciation
Total Operation Expenses
operating Income
interest
Income Before INCOME TAXES
Income taxes
Net Income


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Re: Restaurant Budget Save to MyRecipes

Postby BistroOwner1 on Mon Jan 29, 2007 4:49 am

There are several good ones out there, I have one that will calculate everything from nuts to bolts, but it is huge, and not emailable. (is that a word??) To add to the post previous don't forget to factor in:

Smallwares replacement
Business Insurance
Workers Comp Insurance
Accounting and Legal expenses
Rent?
Office Supplies
Chemicals
Rentals
Advertising
Training
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