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Restaurant Business Plan Template

Download our template and start creating your restaurant business plan.

Updated September 22, 2023 Written by Josh Sainsbury | Reviewed by Brooke Davis

Your restaurant business plan is an outline of your future success. A well-formulated plan helps put the big picture together no matter how good your restaurant ideas are.

A business plan helps prove the viability of your thoughts and can provide investors with the information they need to sign on to your project. Investors need to know how you will run your restaurant in a competitive market and how you will overcome any challenges.

Your business plan lets you provide a framework for yourself and others to get your restaurant off the ground. Lack of preparation and a proper plan is one of the leading reasons new restaurants fail within their first year.

Learn how to write a restaurant business plan and avoid many common pitfalls of new business owners. Legal Templates has a free restaurant business plan template to help you get started.

Why You Need a Business Plan for Your Restaurant Business

How to write a business plan for a restaurant, restaurant business plan example.

Too many new restaurant owners fail to put together a business plan. You may think you don’t need one because you know what you want to do. Without a proper business plan, however, you’re moving into a difficult process without a strong framework for success.

When you want people to invest in your business, you need to be able to demonstrate future success. A concrete and carefully detailed business plan is a must. A well-crafted plan increases the likelihood that you will secure investors.

A business plan aims to help you achieve your goals at each stage of your business development and operation. The program will cover operational details, regulatory compliance, hiring practices, and other essential details.

A business plan can also help you turn your vision into tangible goals others can see. With this in a detailed plan, you will be more likely to create a successful and long-lasting restaurant.

Many people don’t know how to start a restaurant business plan without help. A good plan hits the essential details and outlines your vision for the restaurant’s future. However, you don’t have to do this from scratch. A restaurant business plan example can help you get started and know what to include in your plan.

1. Executive Summary

An executive summary is a brief overview of your company. It will outline why the community wants your food and needs your restaurant. This summary section will focus on your intended reader, whether that person is yourself or a potential investor.

An executive summary is a place for brief details rather than an in-depth and fact-heavy outline. Many people consider this the essential part of the plan, as it will outline why the restaurant will succeed.

The executive summary is your chance to capture the reader’s attention. Many people will decide whether to keep reading your plan, so getting off on the right foot is essential. Your executive summary will include information like:

• How will your restaurant be competitive
• The type of food you will serve and a menu
• The target demographics for the restaurant
• An implementation plan
• Outline of competition you will face
• Who the owners and staff will be
• The organizational structure of your restaurant
• Marketing and sales strategies

Many of these details will receive an in-depth treatment later in your plan. They should provide just the key points you want to make to summarize the rest of your business plan.

2. Management Team

Your restaurant business plan should include a section that presents your management team. Here, you detail the responsibilities of each owner, manager, and staff member. You lay out expectations for who will do what in getting the business started. These details also help show investors you are serious and know how to handle the day-to-day operation of a restaurant business.

The management team section should include essential details about the ownership of the restaurant, including:

• Legal names of each owner
• How the restaurant will be legally structured (corporation, limited liability company (LLC), etc.)
• Types of Ownership
• Percentage of ownership for each owner
• Ownership agreement among the parties

Your business plan should also include details about those running the restaurant daily. While there may be some overlap — especially in small restaurants — management responsibilities should be clearly outlined. This information should include the following:

• Full names of any management team member
• Education and background
• Past restaurant or management experience
• Title and summary of job responsibilities
• Any food industry training
• Salary and benefits information

3. Products and Services

Investors want to know what you will be serving and how you know customers will like it. This is where you can get specific and show why people flock to your restaurant. A robust opening menu shows you are prepared and know how to attract potential customers. The products and services section will include your sample menu and any other services your restaurant will provide.

This section should also address other questions about how you will handle your products:

• How will you order the necessary supplies?
• What are the costs of products and the sales price?
• How will you measure sales success?
• Why will customers choose your food over competitors’?
• How will your menu change over time?

Too many new restaurant owners have a great vision and food but don’t know how to execute a successful business. Investors want to know that your food will be good and that you fully understand how to run a restaurant. A restaurant business plan template can help you create a successful plan.

4. Customers and Marketing

You need to know who your customers are going to be. Any successful restaurant understands its key demographics and how it will market its business to these potential customers. Your business plan must outline important information about your customers and provide detailed data about the availability of these customers in your area.

Market research is often helpful in demonstrating that the type of customer you are looking for is readily available in your local marketplace. Supporting information must be available here to show investors you have customers to keep your restaurant long-term.

Marketing strategies and an ongoing plan are essential to the success of a new business — especially a restaurant. It would be best to show how you would make people aware of your new restaurant and engage customers in the future. Your restaurant business plan can include marketing details such as:

• Where will your restaurant be located?
• Will you offer delivery, and what is the range?
• Will you advertise on social media, your website, or other digital marketing?
• Will you use billboards, flyers, or other complex media advertising?
• What is your advertising budget?

These crucial details demonstrate you have a real plan for your restaurant’s success.

5. SWOT Analysis

A SWOT analysis for your new restaurant will focus on four key areas:

• Opportunities

A SWOT analysis addresses difficult questions in an easy-to-read format. It is a business tool that helps to analyze how your restaurant will perform against your competition. It will look at internal and external factors that may help or hurt your future business.

This data is based on real-world facts rather than ideal conditions or best hopes.

6. Financials

The financials section details the key areas of financial performance for your business. This includes information about start-up costs and break-even points. It also shows how and when the company can profit and see a return on investment.

The financial section should include the following:

• Monthly expenses — supplies, payroll, rent, etc.
• Price points for all products
• Projected revenue
• Mathematical projections for the restaurant
• Variable costs of the business
• Financial records and cash flow statements

7. Operations

Your restaurant business plan must address how your restaurant will run. While this includes details about products and services, it will also cover other critical operational details such as:

• Employment requirements
• Business hours
• Licensing and food inspection requirements
• Cleaning procedures
• Restaurant design
• Mission statement
• Restaurant location

Investors want to see precisely how you will run your business and how you will do it successfully. People often hesitate to invest in a restaurant, as many eateries fail within the first year.

However, a strong business plan showing you understand your specific operational issues will go a long way to alleviate these concerns and get you started on the right foot.

8. Appendix

The appendix section allows you to include other valuable documents and information at the end of the business plan. This may be information that does not fit well into different sections or is supporting documentation for the information in the primary areas. An appendix might include, but is not limited to:

• Letters of reference
• Legal permits and licensing
• Customer reviews of food and services
• Pictures of people enjoying your food
• Restaurant design sketches
• Photos of a proposed restaurant location
• Market research

The appendix lets you end on a good note. You can provide additional information to bolster the rest of your business plan.

Your restaurant business plan should be comprehensive and easy to understand. The prospect of putting one together can feel daunting without some help. A restaurant business plan sample can help you start and tell you what to include.

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Restaurant Business Plan Template

Written by Dave Lavinsky

Restaurant Business Plan

You’ve come to the right place to create a successful restaurant business plan.

We have helped over 100,000 entrepreneurs and business owners with how to write a restaurant business plan to help them start or grow their restaurants.

What is a Restaurant Business Plan?

A restaurant business plan is a plan to start and/or grow your restaurant business. Among other things, it outlines your business concept, identifies your target market, presents your marketing plan and details your financial projections.  

What are the Main Types of Restaurants?

There are many types of restaurant businesses which vary based on their service style. Restaurants can range in type from fast food, fast casual, moderate casual, fine dining, and bar and restaurant types.

Restaurants also come in a variety of different ethnic or themed categories, such as Mexican restaurants, Asian restaurants, American, etc.  Some restaurants also go mobile and have food trucks.  

How Do You Get Funding for Your Restaurant Business Plan?

Restaurant businesses are most likely to receive funding from banks or independent restaurant investors. Typically you will find a local bank and present your restaurant business plan to them. Most independent restaurant investors are in the restaurant business already and can be a valuable resource for advice and help with your business plan.

Another option for a restaurant business is to obtain a small business loan. SBA loans are a popular option as they offer longer loan terms with lower interest rates.  

Sample Business Plan for a Restaurant Owner

Below is a business plan example to help you create each section of a comprehensive restaurant business plan.

Executive Summary

Business overview.

Bluehorn Restaurant & Steakhouse is a new restaurant and steakhouse located in Oklahoma City, Oklahoma. The menu of Bluehorn Restaurant & Steakhouse will include bistro-type dishes that are authentically created and crafted by acclaimed Chef Peter Logan. It will be located in the trendy part of town, known as the Plaza District. The restaurant will be surrounded by classy art galleries, live theater, high-end restaurants and bars, and expensive shopping.

Owned by emerging restaurant operators Chef Peter Logan and Anastasia Gillette, Bluehorn Restaurant & Steakhouse’s mission is to become Oklahoma City’s best, new business for patrons to celebrate their next big event, have a nice date night, or gather with friends or family for a fun evening while dining over finely crafted entrees, desserts, and cocktails.  

Products Served

The following are the menu items to be offered by Bluehorn Restaurant & Steakhouse:

• Soups & Salads
• Gourmet sides
• Wine, Beer & Spirits

A sample menu can be found in the Appendix of this business plan.

Customer Focus

Bluehorn Restaurant & Steakhouse will target adult men and women between the ages of 21 – 65 with disposable income in Oklahoma City, Oklahoma. Within this demographic are millennials, young professionals, newlyweds, young families, more established families, and retirees. Because of the pricing structure of the menu, the patrons will likely be upper middle class to the wealthy population of Oklahoma City.  

Management Team

Bluehorn Restaurant & Steakhouse is owned and operated by fellow Oklahoma City natives and culinary enthusiasts, Chef Peter Logan and Anastasia Gillette. Both come with a unique skill set and complement each other perfectly. They formerly worked together at another OKC fine dining establishment and made a great team for serving guests delectable food and wine while ensuring the highest level of customer service.

Chef Peter will manage the kitchen operations of Bluehorn Restaurant & Steakhouse, while Anastasia will oversee front of the house operations, maintain and ensure customer service, and manage all reservations.  

Financial Highlights

Bluehorn Restaurant & Steakhouse is seeking $300,000 in debt financing to open its start-up restaurant. The funding will be dedicated for the build-out and restaurant design, kitchen, bar and lounge, as well as cooking supplies and equipment, working capital, three months worth of payroll expenses and opening inventory. The breakout of the funding is below:

• Restaurant Build-Out and Design – $100,000
• Kitchen supplies and equipment – $100,000
• Opening inventory – $25,000
• Working capital (to include 3 months of overhead expenses) – $25,000
• Marketing (advertising agency) – $25,000
• Accounting firm (3 months worth and establishment/permitting of business) – $25,000

Company Overview

Bluehorn Restaurant & Steakhouse is a new restaurant and steakhouse located in Oklahoma City, Oklahoma. Bluehorn Restaurant & Steakhouse will serve a wide variety of dishes and beverages and will cater to the upper middle class to wealthier population of Oklahoma City. The menu of Bluehorn Restaurant & Steakhouse will include bistro-type dishes that are authentically created and crafted by acclaimed Chef Peter Logan. It will be located in the trendy part of town, known as the Plaza District. The Plaza District is one of Oklahoma’s trendy neighborhoods and is considered the “it” area for newlyweds, millennials, professionals, and young singles. The restaurant will be surrounded by classy art galleries, live theater, high-end restaurants and bars, and expensive shopping.

Owned by emerging restaurant operators Chef Peter Logan and Anastasia Gillette, the restaurant’s mission statement is to become the best new steak restaurant in OKC. The following are the types of menu items Bluehorn Restaurant & Steakhouse will serve- shareables, steaks, soups, gourmet sides and salads.

Bluehorn Restaurant & Steakhouse History

Bluehorn Restaurant & Steakhouse is owned by two Oklahoma City natives, Chef Peter Logan and Anastasia Gillette. They have both worked around the country in fine dining establishments and have a combined twenty years in the restaurant industry. Upon working alongside each other at another fine dining establishment in Oklahoma City, the two of them became good friends and decided to venture into owning their own restaurant.

Chef Peter is the kitchen guru and critically acclaimed chef, while Anastasia manages the front of the house and is a certified Sommelier. Together, with both of their expertise and knowledge, Bluehorn Restaurant & Steakhouse is destined to become Oklahoma City’s next big restaurant.

Industry Analysis

The restaurant industry is expected to grow to over $220 billion in the next five years.

Consumer spending is projected to grow. The Consumer Confidence Index, a leading indicator of spending patterns, is expected to also grow strongly, which will boost industry growth over the next five years. The growth in consumer confidence also suggests that more consumers may opt to segment their disposable income to eating outside the home.

Additionally, an increase in the number of households earning more than $100,000 annually further contributes to the industry growth, supporting industry operators that offer more niche, higher-end products.  This group is expected to continue to grow in size over the next five years.

The urban population represents a large market for the industry. Specifically, time-strapped individuals living in urban areas will likely frequent industry establishments to save time on cooking. The urban population is expected to increase, representing a potential opportunity for the industry.  

Customer Analysis

Demographic profile of target market.

Bluehorn Restaurant & Steakhouse will target adult men and women between the ages of 21 – 65 with disposable income in Oklahoma City, Oklahoma. Within this demographic are millennials, young professionals, newlyweds, young families, more established families, and retirees. Because of the pricing structure of the menu, the patrons will likely be upper middle class to the wealthy population of Oklahoma City.

Customer Segmentation

The target audience for Bluehorn Restaurant & Steakhouse will primarily include the following customer profile:

• Upper middle class to wealthier population
• Millennials
• Young professionals
• Households with an average income of at least $75k
• Foodies and culture enthusiasts

Competitive Analysis

Direct and indirect competitors.

Bluehorn Restaurant & Steakhouse will be competing with other restaurants in Oklahoma City. A profile of each of our direct competitors is below.

Located in the trendy area known as the Plaza District, The Press has reimagined our favorite foods of the surrounding regions through the lens of home.

The menu consists of appetizers, soups, burgers and sandwiches, bowls, main dishes, sides, desserts, and a large selection of alcoholic beverages. The Press serves craft beer, domestic beer, wine spritzers, house cocktails, wine, and mimosas. They also offer brunch. The menu of The Press is affordable with the most expensive dish being $16. The wine menu is also not pretentious as the wine is sold either by the glass or bottle, with the most expensive bottle being $52 for the Gruet Sparkling Brut Rose.  

Oak & Ore

Oak & Ore is a craft beer and restaurant in OKC’s Plaza District. They have a 36-tap beer selection and offer vegetarian, vegan, and gluten free dining options. Oak & Ore offers a rotating, 36-tap selection of their favorite brews from Oklahoma and around the world. Each beer is thoughtfully paired with a craft beer-inspired restaurant experience.

The food menu of Oak & Ore offers starters, salads, wings, fried chicken, sandwiches, tacos, banh mi, and sides. They also have a selection of kids dishes so the whole family can enjoy comfort food while sampling one of their delectable beers.

The Mule OKC

The Mule is a casual, hip restaurant offering a large beer and cocktail menu plus sandwiches and more. Located in the constantly growing and buzzing hub that is the Plaza District, The Mule takes the timeless favorite and contorts it into a whole menu of wild offerings.

There is also a fantastic assortment of soups offered and The Mule shakes up a seasonal list of cocktails designed by their bar staff. During the winter months, patrons can stave off the cold with their versions of hot toddies and buttered rum. For the beer drinkers, they always have a reliable line-up of fresh cold brews on draft, as well as a wide selection of can.  

Competitive Advantage

Bluehorn Restaurant & Steakhouse offers several advantages over its competition. Those advantages are:

• Gourmet dishes elegantly prepared to the finest standard.
• Selection of steaks sourced from local Oklahoma farms.
• An exclusive and unique wine menu that includes a wine selection of all price points.
• Highly sought after location: Bluehorn Restaurant & Steakhouse will be located in the trendy and attractive neighborhood known as The Plaza District.
• Trendy, welcoming, and energetic ambiance that will be perfect for a night out or a celebration.

Marketing Plan

Promotions strategy.

The marketing strategy for Bluehorn Restaurant & Steakhouse is as follows:

Bluehorn Restaurant & Steakhouse’s location is a promotions strategy in itself. The Plaza District is a destination spot for locals, tourists, and anyone looking for the trendiest food fare in Oklahoma City. The Plaza District is home to OKC’s most popular bars and restaurants, art galleries, theaters, and boutique shopping. The millennials, young professionals, and foodies will frequent Bluehorn Restaurant & Steakhouse for the location itself.

Social Media

Bluehorn Restaurant & Steakhouse will use social media to cater to the millennials and Oklahoma City residents. Chef Peter and Anastasia plan to hire an advertising agency to take professional photographs of the menu items and location to create appealing posts to reach a greater audience. The posts will include pictures of the menu items, as well as upcoming featured options.  

SEO Website Marketing

Bluehorn Restaurant & Steakhouse plans to invest funds into maintaining a strong SEO presence on search engines like Google and Bing. When a person types in “local fine dining restaurant” or “Oklahoma City restaurant”, Bluehorn Restaurant & Steakhouse will appear in the top three choices. The website will include the full menu, location, hours, and lots of pictures of the food, drinks, and steaks.  

Third Party Delivery Sites

Bluehorn Restaurant & Steakhouse will maintain a presence on sites like GrubHub, Uber Eats, Doordash, and Postmates so that people looking for local food to be delivered will see Bluehorn Restaurant & Steakhouse listed near the top.  

Operations Plan

Operation functions:.

The company will hire the following:

• 4 sous chefs
• 2 bartenders
• 2 hostesses
• The company will hire an advertising agency and an accounting firm

Milestones:

Bluehorn Restaurant & Steakhouse aims to open in the next 6 months. The following are the milestones needed in order to obtain this goal.

7/1/202X – Execute lease for prime location in the Plaza District.

7/2/202X – Begin construction of restaurant build-out.

7/10/202X – Finalize menu.

7/17/202X – Hire advertising company to begin developing marketing efforts.

8/15/202X – Start of marketing campaign

8/22/202X – Final walk-thru of completed restaurant build-out.

8/25/202X – Hire the entire team of sous chefs, servers, and bussers.

9/1/202X – Decoration and set up of restaurant.

9/15/202X – Grand Opening of Bluehorn Restaurant & Steakhouse

Bluehorn Restaurant & Steakhouse will be owned and operated by Chef Peter Logan and Anastasia Gillette. Each will have a 50% ownership stake in the restaurant.

Chef Peter Logan, Co-Owner

Chef Peter Logan is an Oklahoma City native and has been in the restaurant industry for over ten years. He was trained in a prestigious Le Cordon Bleu Culinary Academy in San Francisco and has worked in some of the nation’s most prestigious fine dining restaurants. His tenure has took him from the west coast to the east coast, and now he’s back doing what he loves in his hometown of Oklahoma City.

Chef Peter will manage the kitchen operations of Bluehorn Restaurant & Steakhouse. He will train and oversee the sous chefs, manage inventory, place food inventory orders, deal with the local food vendors, and ensure the highest customer satisfaction with the food.

Anastasia Gillette, Co-Owner

Anastasia Gillette was born and raised in Oklahoma City and has garnered over ten years in the industry as well. While in college, Anastasia worked as a hostess at one of the area’s most prestigious restaurant establishments. While there, she was eventually promoted to Front of the House Manager where she oversaw the hostesses, servers, bussers, bartenders, and reservations. Her passion always led to the beverage portion of the restaurant so she obtained her Sommelier certificate in 2019. With her wine education, Anastasia is able to cultivate an interesting and elegant wine selection for the restaurant.

Anastasia will oversee front of the house operations, maintain and ensure customer service, and manage all reservations. She will also be in charge of the bar and wine ordering, training of front of the house staff, and will manage the restaurant’s social media accounts once they are set up.  

Financial Plan

Key revenue & costs.

The revenue drivers for Bluehorn Restaurant & Steakhouse will come from the food and drink menu items being offered daily.

The cost drivers will be the ingredients and products needed to make the menu items as well as the cooking materials. A significant cost driver is the fine dining equipment, serving dishes, and beer and wine glasses. Other cost drivers will be the overhead expenses of payroll for the employees, accounting firm, and cost of the advertising agency.

Funding Requirements and Use of Funds

Bluehorn Restaurant & Steakhouse is seeking $300,000 in debt financing to open its start-up restaurant. The breakout of the funding is below:

Financial Projections

Income statement.

Balance Sheet

Cash Flow Statement

  You can download our free restaurant business plan template PDF . This restaurant business plan template can be used to create a finalized business plan for your restaurant concept.

Restaurant business plan template + PDF

This guide unveils a specialized AI Business Plan Generator template, carefully tailored for entrepreneurs eager to start or develop their restaurant business. It's important to note that the names and financial details used in this example are entirely fictional, intended to demonstrate the strategic planning process. These examples are thoughtfully devised to show how you can customize your own AI-generated Restaurant Business Plan to overcome unique challenges and capture the opportunities within your restaurant venture.

To facilitate easy customization, we offer a 'Restaurant Business Plan PDF' for download. This document is crucial for entrepreneurs determined to craft a powerful and successful strategy for launching or expanding their restaurant. The 'AI Business Plan Generator' acts as an exhaustive resource, providing deep insights into the restaurant industry. It provides you with the necessary tools for effectively managing and growing your restaurant business.

How this restaurant business plan sample was created

Develop your personalized restaurant business plan effortlessly with our AI Business Plan Generator. Just click 'Generate your business plan' and answer a sequence of focused questions about your restaurant venture. Our cutting-edge AI technology will process your responses to create a business plan that aligns perfectly with your restaurant's ambitions and requirements. This efficient and fast method typically takes only 5-10 minutes to complete, yielding a comprehensive and well-structured plan. Our system allows for the customization and fine-tuning of your plan, ensuring it accurately represents your unique vision for your restaurant. Once finished, your plan is ready for download, offering a clear, concise blueprint for initiating and growing your restaurant. Utilize our AI business plan generator, designed specifically for restaurant businesses, to boost your strategic planning.

Restaurant business plan sample

Executive summary, business description, market research and analysis, swot analysis.

• Organizational Structure and Management Team

Products or Services

Marketing and sales strategy, operations plan, financial projections, risk analysis.

GourmetGrove Restaurant stands poised to introduce an unparalleled farm-to-table dining experience to the heart of Austin, Texas, a city renowned for its rich culinary culture and discerning clientele. With the fusion of locally-sourced organic produce and innovative cuisine, GourmetGrove promises not just a meal, but a gastronomic journey that tantalizes the senses and nurtures the soul. Our target market encompasses a diverse range of food enthusiasts aged 25-55, who share a common appreciation for sustainable, high-quality dining, and possess the disposable income to frequent upscale establishments.

Our meticulously crafted menu showcases the freshest ingredients, transformed into exquisite dishes by the gifted hands of our Executive Chef, Jordan Ramirez, whose expertise has flourished within the kitchens of Michelin-starred eateries. Complementing his culinary vision is our esteemed General Manager, Emily Chen, whose MBA in Hospitality Management and vast experience with high-end dining venues serve as the bedrock of our operations. Carlos García, armed with a profound background in restaurant operations, guides our logistical framework, ensuring seamless day-to-day management as the Operations Manager. Aisha Patel, our Marketing Director, wields her extensive experience and knowledge to forge connections with our patrons and blaze a trail for our promotional campaigns. Vincent Dubois, a certified Master Sommelier, elevates each guest's dining experience, curating an impeccable wine list that harmonizes perfectly with our seasonal offerings.

As a Limited Liability Company, GourmetGrove Restaurant benefits from a conducive legal framework that nurtures both growth and the safeguarding of assets. Our business plan projects exciting financial growth over a 5-year horizon. Starting with an anticipated revenue of $500,000 and a net profit margin of 10% in our first year, we are set to grow revenue to $650,000 in year two, reaching upwards of $1.1 million by year five with an anticipated net profit margin of 20%.

Our SWOT analysis confirms that GourmetGrove's strengths lie in our unmatched kitchen talents, strategic Austin location, and robust partnerships with local suppliers, positioning us as a sustainable dining choice in the upscale restaurant segment. Yet, we are cognizant of the intrinsic weaknesses that our industry faces, such as high staff turnover and seasonal fluctuations. To combat these, we have established robust human resources protocols and diversified supply chains.

In our quest for sustained success, we plan to aggressively market GourmetGrove Restaurant via a blend of traditional and digital campaigns. Engaging local influencers, partnering with community events, and implementing an effective SEO strategy will serve as the cornerstones of our marketing and sales strategy. Our comprehensive operations plan delineates every gear of the GourmetGrove mechanism: from kitchen operations under the expert guidance of Chef Ramirez, to the impeccable customer service orchestrated by our front-house team, to the logistics overseen by Operations Manager García. The plan also encompasses detailed strategies for inventory, supply chain, and facility management, underscoring our commitment to quality and efficiency.

Risk management in our business plan is not an afterthought. We have identified potential hazards and crafted careful mitigation strategies and contingency plans, covering operational, financial, market, legal, and compliance risks. Comprehensive insurance coverage has been secured to provide a safety net across various operational fronts.

In summary, GourmetGrove Restaurant positions itself as an avant-garde institution with a clear vision: to offer a transcendent dining experience that elicits passion for food while firmly entrenching itself as an advocate of local produce and sustainable practices. The pillars of our business's anticipated success are quality service, operational excellence, and a passion for culinary innovation. With a profound understanding of the competitive landscape of Austin's vibrant restaurant scene, GourmetGrove is set to become the haute cuisine destination for residents and visitors alike, promising profitability and an enduring legacy in the annals of Austin's food industry.

Restaurant business plan pdf

GourmetGrove Restaurant, a jewel nestled in the bustling culinary scene of Austin, Texas, is a sophisticated establishment that caters to the palates of food connoisseurs and dining enthusiasts. We are positioned in the heart of the city, making us an accessible sanctuary for those seeking an immersive gourmet experience. The restaurant industry is highly dynamic and competitive, and GourmetGrove stands out by offering an extraordinary farm-to-table concept that emphasizes fresh, seasonal, and organic ingredients. Our menu showcases a variety of innovative cuisines prepared with the utmost care and culinary expertise. We pride ourselves on not just being a restaurant but a trendsetter in mindful dining within the ever-growing restaurant industry.

The origins of GourmetGrove Restaurant trace back to a shared vision among a group of food lovers and entrepreneurs who saw the increasing interest in and demand for healthy and sustainable dining options. Launched in 2020, the restaurant was established to provide a gastronomic hub where the local community could explore refined flavors and diverse cooking techniques in a setting representative of Austin's unique vibe. From its inception, GourmetGrove has been committed to supporting the local economy by sourcing products from neighboring farms and artisans, thus ensuring the freshest ingredients while boosting local business.

Our mission is profoundly rooted in our love for extraordinary food and the experiences that come with it. We are dedicated to consistently delivering a culinary adventure that highlights the rich bounty of our surrounding agricultural landscape. Our mission is, "To offer an unforgettable dining experience through exceptional service, innovative cuisine, and a commitment to excellence that inspires return visits and esteemed recommendations." We aim to foster an environment where patrons are not only guests but part of the GourmetGrove family, where every meal is a celebration of great taste and sustainable living.

As a Limited Liability Company (LLC), GourmetGrove Restaurant benefits from a legal structure that accommodates flexibility while safeguarding personal assets. This structure aligns with our commitment to responsible growth and sustainable business practices, safeguarding the company's long-term interests, as well as those of its management and investors. As an LLC, we are given the freedom to focus on the personalized aspects of our business without the extensive formalities and regulatory oversight faced by corporations. Yet, it allows for a robust framework for potential future expansion.

The long-term potential of GourmetGrove Restaurant is promising and shines bright in the burgeoning food culture of Austin. With an increasing awareness among consumers regarding the food they eat and a longing for authentic, quality dining experiences, our restaurant has the foundational legs to achieve longevity in this market. As we look ahead, we see GourmetGrove not just as a business, but as a cornerstone of the community—a place that celebrates local farmers, winemakers, and artisans—thus continuously contributing to the area's prosperity. We are also strategically positioned to capitalize on the trend towards healthy and sustainable living, which we anticipate will only grow stronger in the years to come.

GourmetGrove Restaurant envisions expanding its roots in sustainable gastronomy, potentially exploring catering services, cooking academies, and even franchise opportunities across different geographies while maintaining the authenticity and standard of quality that we stand for. Anticipating the ebb and flow of the restaurant industry, we remain agile, adapting to challenges and evolving consumer tastes, ensuring that our business not only endures but thrives well into the future. Our commitment to excellence and innovation, paired with prudent business strategies and a heart for environmental stewardship, positions GourmetGrove Restaurant to become a culinary landmark and an enduring success.

The restaurant industry has long been a significant sector with strong ties to the cultural and economic fabric of society. As we delve into the realm of fine dining, we note a pronounced trend towards sustainability and health-conscious eating. Consumers are increasingly attracted to establishments that provide not only an exceptional culinary experience but also one that aligns with their ethical and wellness values. Recently, there has been a surge in farm-to-table dining that prioritizes locally sourced ingredients and transparent supply chains. The industry's growth rate, pre-pandemic, was steady, reflecting consumers' consistent interest in quality dining experiences. Post-pandemic recovery has seen a renewed eagerness for in-person dining experiences, which presents an opportunity for upscale restaurants like GourmetGrove to flourish, tapping into the market's pent-up demand.

The target market for GourmetGrove Restaurant is delineated by a series of demographic parameters. Our customer base consists of food enthusiasts aged between 25 and 55, typically professionals with a median income level reflective of a disposable income that supports regular dining at upscale venues. This group values not only the quality and taste of their food but also the origin of the ingredients and the craftsmanship that goes into each dish. They are typically well-traveled, educated, and seek unique dining experiences. The size of this market segment has been growing, particularly in urban areas like Austin, which are home to a diverse and cultured population. There is substantial growth potential as the interest in gourmet experiences continues to spread, encouraged by digital and social media platforms that amplify the visibility of specialty restaurants.

Market needs and demands revolve around providing an unparalleled dining experience that aligns with contemporary dietary preferences such as organic, gluten-free, vegetarian, and vegan options. The demand for an atmosphere that marries refined cuisine with a relaxed ambience is also paramount. Consumers are seeking a sensory journey that extends beyond the food to encapsulate the environment, service, and overall dining narrative.

Identifying market trends and patterns has been key in understanding the evolution of the sector. There is a pattern of seasonally rotating menus to maintain interest and accommodate fresh produce, and a trend toward immersive experiences such as chef's table events, wine pairing sessions, and cooking classes offered by restaurants. Social media influence is another significant pattern that cannot be overstated, as platforms like Instagram and TikTok have become critical in driving consumer interest and shaping dining trends.

The competitive landscape comprises similar high-end dining establishments, such as Savory Seasons Bistro, which excels in providing a cozy, intimate dining setting but may lack a consistent supply of unique ingredients. The Epicurean Emporium presents as a market leader with innovative fusion cuisine, yet its higher price point and extravagant dishes may not appeal to all consumers. Prime Plate Steakhouse caters to the traditional upscale dining demographic but, with its narrow focus on meats, may alienate the growing segment of health-conscious and plant-based diners. Market share among competitors is fluid, as diners explore different venues, but loyalty can be built through consistently outstanding experiences and service.

Potential barriers for entry into the restaurant industry include the high initial capital investment required for a premium location and upscale interior, as well as the strict regulatory environment that governs food safety and alcohol licensing. Building a reputation in an established market with discerning customers can also prove challenging. Further barriers include the competitive hiring landscape for experienced culinary and service staff, and the demand for consistent innovation to attract and retain a solid customer base. Overcoming these barriers requires a robust entry strategy that emphasizes quality, unique selling propositions, and diligent attention to the nuances of the market and consumer behavior.

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Organizational structure and management.

GourmetGrove Restaurant's organizational structure is designed to promote efficient operations, clear lines of communication, and effective decision-making. At the apex of the hierarchy is the Owner/Managing Partner, who oversees the entire operation and is responsible for strategic planning and investor relations. Reporting directly to the Managing Partner are two key executive roles: the General Manager and the Executive Chef, each heading their respective domains of the front-of-house and back-of-house operations.

Below the management tier, the organizational chart branches out to several key areas. The General Manager oversees the Service Manager responsible for front-of-house staff, the Marketing Director who leads promotional efforts, and the Operations Manager who handles day-to-day administrative tasks. Similarly, the Executive Chef supervises the Sous Chefs, who assist in culinary leadership, and the Kitchen Manager, who oversees line cooks, prep staff, and dishwashing teams.

The backbone of GourmetGrove's leadership is our highly skilled management team. Our Executive Chef, Jordan Ramirez, has honed his skills at renowned international Michelin-starred restaurants and brings a wealth of creativity and rigorous culinary standards to our kitchen. General Manager Emily Chen complements this with her MBA in Hospitality Management and extensive experience overseeing the smooth running of high-end dining venues. Operations Manager Carlos García offers a systematic approach to logistics with his expertise in supply chain management, ensuring everything at GourmetGrove operates seamlessly. Marketing Director Aisha Patel, with her targeted and innovative marketing campaigns, has an impressive track record of building brand awareness and customer engagement in the food and beverage industry. Lastly, our esteemed Head Sommelier, Vincent Dubois, enriches the dining experience with his exquisite wine selections and pairings.

Our current staffing needs are met with a team of dedicated servers, bartenders, hosts, kitchen staff, and cleaning personnel. However, as GourmetGrove Restaurant grows, we plan to expand our team, anticipating the need for additional sous chefs, line cooks, and service staff to maintain the high standards of service and cuisine that our guests have come to expect. A human resources plan includes regular professional development opportunities, a competitive benefits package, and a sustainable work environment to attract and retain high-quality personnel.

Human resources policies at GourmetGrove Restaurant emphasize respect, diversity, and career development. We practice fair hiring, equal opportunity employment, and encourage internal promotions. We have rigorous training programs in place to ensure that every staff member is equipped to deliver the exceptional service that we pride ourselves on. To boost morale and productivity, we recognize and reward outstanding performance and provide avenues for staff feedback and suggestions.

Our external advisory team includes a Food and Beverage Consultant, who offers industry-specific insights and trends to keep our menu and service offerings competitive. We also engage a legal advisor to make sure our operations comply with all local and federal regulations, and an accountant who oversees our financial management and tax planning. These professionals help to ensure that GourmetGrove's operations are not just creatively successful but also financially sound and legally compliant.

In conclusion, GourmetGrove Restaurant's organizational structure and management are designed to create a fine-tuned machine where each segment works in harmony to deliver the utmost quality. This infrastructure, alongside our human resources policies and external advisors, places us in an ideal position to achieve our business goals and set new standards for the dining experience in Austin, Texas.

GourmetGrove Restaurant takes pride in offering an enchanting array of upscale farm-to-table dishes, crafted to deliver a symphony of flavors that underscore the essence of fresh and organic produce. Our seasonal menu includes appetizers, entrees, desserts, and an extensively curated wine list – all showcasing our philosophy of sophistication and culinary excellence. Each dish is a masterful composition made from ingredients sourced within the local community to ensure peak flavor and support regional producers.

One of our unique selling points is the signature dishes developed by our renowned Executive Chef, Jordan Ramirez, which weave local ingredients with innovative culinary techniques to create a one-of-a-kind gastronomic experience. Our competitive advantage is further bolstered by the ambiance of our establishment, which combines an intimate setting with top-notch service, immersing our clientele in an atmosphere that is both elegant and relaxed.

Currently, our development stage includes a well-established base menu that has earned us acclaim among our patrons. Future plans involve expanding the menu offerings to include a range of seasonal delicacies that align with the various harvests throughout the year. Additionally, we’re examining the viability of packaging some of our signature sauces and dressings for retail as a way of extending our brand beyond the restaurant.

In terms of intellectual property, we have taken the crucial step of trademarking the GourmetGrove Restaurant name, ensuring our brand's protection. Our distinctive dishes and sauces, crucial to our branding, are currently under review for trademarking, given their uniqueness and popularity. This step will secure our original creations and prevent imitation.

The production process for our gourmet offerings is meticulous and requires the utmost precision. Our kitchen functions as a well-oiled machine, with the Executive Chef overseeing the creation and execution of recipes, the Sous Chefs managing the kitchen staff, and ensuring quality control, and the procurement team handling the sourcing of fresh ingredients. The Chef's unparalleled dedication to creating innovative dishes sets the standard that all our kitchen staff adheres to.

We have forged solid relationships with a network of local suppliers who provide us with a range of fresh, organic ingredients. These partnerships are not only crucial to the quality of our dishes but also align with our ethos of community support and sustainability. We conduct a thorough vetting process for all our suppliers to ensure they meet our high criteria for quality, reliability, and consistency. The sourcing team is always exploring new partnerships to enhance our menu and maintain our commitment to local growers.

Furthermore, as part of our ongoing commitment to innovation and staying ahead of culinary trends, we plan to invest in research and development. This will allow us to continuously refine our recipes and explore new ways to use locally sourced ingredients, which is a core part of our ethos. Our R&D efforts also focus on ensuring that our production processes remain efficient without compromising the artisanal quality of our offerings.

In conclusion, the products and services provided by GourmetGrove Restaurant represent the pinnacle of fine dining and sustainability. Our core philosophy, commitment to quality sourcing, and continual pursuit of culinary innovation define us as a leader in the local restaurant industry. With plans for expansion and a firm grip on our brand's intellectual property, the future holds promise for broadening our reach while maintaining the integrity of our mission to provide an exquisite dining experience.

Restaurant business plan

At GourmetGrove Restaurant, our marketing strategy is rooted in creating a strong brand presence that resonates with our target market of upscale, health- and environmentally-conscious customers who have a refined palate for innovative cuisine. To achieve this, we will employ a multifaceted approach that leverages digital platforms, local partnerships, and community engagement.

Our digital marketing efforts will include an SEO-optimized website showcasing our seasonal menu, chef profiles, and customer testimonials, which provides an online reservation system for convenience. We will have a robust presence on social media platforms, employing targeted ads to reach our demographic and engaging posts that highlight our farm-to-table concept, behind-the-scenes glimpses, and special events.

Locally, we will collaborate with food bloggers and influencers who can authentically champion our brand and offerings. Participation in community events and sponsorships will increase brand visibility and foster a connection with locals. Print advertisements in high-end culinary magazines and local newspapers, as well as tastefully designed flyers for distribution at strategic locations, will complement our online efforts.

Our sales strategy will focus on delivering exceptional customer experiences from the first touchpoint of making a reservation to the last interaction of a follow-up satisfaction survey. Our sales team, led by the General Manager and supported by all front-of-house staff, will be trained to inform customers about menu items, suggest pairings, and upsell when appropriate without being intrusive. Monitoring and analyzing sales patterns will enable us to refine our approach continually.

Pricing strategy at GourmetGrove will reflect the premium quality of our ingredients and our exceptional service while remaining competitive with similar upscale establishments in our area. We will implement dynamic pricing for special events, off-peak times, and for early bookings, thus maximizing revenue throughout the year.

Distribution channels, in the traditional sense for a restaurant, involve direct sales through in-house dining. However, to adjust to market demands and trends, we will also offer gourmet take-out options and tie-ups with premium food delivery services, allowing us to maintain the high standards of our dining experience beyond our physical location.

Promotion and advertising plans include an official grand opening event, seasonal promotions tied to our menu rotations, and partnership events with local vineyards and breweries. We will leverage email marketing to keep subscribers updated with the latest news and offers, rewarding loyal customers with exclusive deals. Loyalty programs and customer referral incentives will be implemented to encourage repeat business and word-of-mouth marketing.

Customer service is paramount in the fine dining industry, and GourmetGrove is committed to excellence in this area. Our policies will focus on providing a personalized and memorable dining experience for every guest, with attentive but non-intrusive service. All staff will be trained to handle customer feedback professionally, with the sophistication expected from an upscale dining establishment, ensuring that any issues are resolve promptly and to the customer’s satisfaction. Follow-up engagements with diners will enable us to gather valuable feedback, thus encouraging repeat visits and positive online reviews, which are vital in today’s digital age.

With our strategic approach to marketing and sales, coupled with a commitment to exceptional customer service, GourmetGrove Restaurant is poised to become a beacon of culinary delight, attracting and retaining a discerning customer base that will propel our growth and solidify our reputation as an elite gastronomical destination in Austin, Texas.

GourmetGrove Restaurant’s operations plan is crafted to ensure an efficient, high-quality, and smooth daily workflow that fulfills our promise of delivering an exceptional dining experience. Integral to our strategy is the seamless integration of front-of-house and back-of-house operations, constantly tuned for excellence through diligent management and a deep understanding of the nuances of high-end hospitality services.

Our operational workflow is structured around the rhythm of the restaurant’s service periods: lunch, dinner, and special events. Each day begins with a team briefing led by the General Manager, during which staff are apprised of the day’s reservations, special dietary requests, menu changes, and operational considerations. The kitchen staff, under the guidance of the Executive Chef, commences mise-en-place to prep for the day's service, with timelines constructed to guarantee the freshest presentation. Floor staff, managed by the Service Manager, tend to the dining area's preparation, ensuring the ambience is inviting and impeccably clean.

The production or service delivery process is a ballet of precision and timing, from the careful selection of ingredients to plating. Chefs work in tandem with sous-chefs and line cooks to execute dishes that meet our high standards. Waitstaff are meticulously trained in the art of service; they present the menu, share the story behind the plates, and provide expert recommendations. Behind the scenes, dishwashers and support staff ensure a quick turnover of service ware, a critical element in maintaining service standards.

Quality control measures are stringent, reflecting our commitment to culinary excellence. The Executive Chef supervises all dishes before they leave the kitchen while conducting spot checks at various stages of preparation. For front-of-house, the Service Manager ensures that each guest’s experience is scrutinized, from the greeting at the door to the farewell. All staff are trained in quality service standards and monitored for consistency and adherence to our brand values.

Inventory management is handled with meticulous detail, given our reliance on fresh, sometimes perishable, produce. Inventory levels are monitored by our Operations Manager through a real-time management system, which triggers automatic reordering to maintain par levels and avoid wastage. Regular stocktakes and audits are a standard practice, ensuring accuracy, accountability, and waste reduction.

Supply chain management at GourmetGrove is a critical operation, balancing the need for fresh deliveries with the practicalities of storage and preparation space. Relationships with suppliers are fostered with care to ensure reliability and the highest quality of ingredients, and contingency plans are in place should primary suppliers be unable to fulfill orders. Our SCM strategy includes diversifying our supplier base to maintain consistent service levels even during unforeseen events.

Our facilities and equipment are high-caliber, befitting the status of GourmetGrove as a fine dining establishment. The kitchen is outfitted with state-of-the-art appliances that allow for precision cooking and efficiency, while the dining area features furniture and decor that reinforce the upscale ambience. Equipment maintenance and facility upkeep are scheduled during off-peak hours to avoid disrupting service, managed by our Facilities Manager.

In addition, we plan for future expansion within our facilities to encompass private dining areas and a larger wine cellar, aspects that will further enhance our guests' experience. Investment in technology, such as an advanced POS system and customer management software, will be implemented to streamline operations further.

In essence, GourmetGrove Restaurant’s operations plan is a comprehensive blueprint designed to uphold the highest of standards in food and service delivery. Our meticulous attention to detail across all operational aspects assures a consistently outstanding experience for every guest and aligns with our long-term vision of operational excellence in the culinary industry.

Our financial projections for GourmetGrove Restaurant are designed to provide a strategic view of the fiscal path our establishment anticipates in the coming years. This encompasses a comprehensive look at sales forecasts, anticipated revenues and expenses, cash flows, balance sheet health, and break-even analysis, underpinned by a robust set of financial assumptions and considerations.

Sales Forecast

In the first year of operation, we anticipate sales to be cautiously optimistic, projecting revenues of $500,000. Our sales forecast relies on gradually increasing revenues as our brand becomes more recognized and as we implement our marketing and sales strategies. By year two, we project a 30% growth in sales, totaling $650,000, with a further increase to $850,000 in year three as the customer base expands and repeat business stabilizes. We project a consistent year-over-year growth of 25% for years four and five.

Profit and Loss Projection

Our profit and loss projection accounts for both the cost of goods sold (COGS) and operational expenses. In year one, we predict a net profit margin of 10%, with net profits at $50,000. With increased brand recognition and operational improvements, we expect the net profit margin to rise to 15% in year two, realizing net profits of $97,500. Operational efficiency and menu optimization in the subsequent years are projected to bolster net profit margins to 18% in year three, 20% in year four, and 22% by year five.

Cash Flow Projection

Cash flows are projected to be positive after the initial setup and opening phase, in which there will be substantial cash outflows. We'll secure a cash reserve to sustain operations through the initial period. By year's end, we would expect enough cash inflow from operations to support the restaurant without the need for additional financing. Continuous positive cash flow projections in subsequent years will then allow for further investment in facility upgrades and potential expansion.

Balance Sheet Projection

The balance sheet is projected to strengthen over time. Assets, comprising capital equipment, improvements, and cash reserves, are forecast to grow consistently. Liabilities, primarily in the form of any startup financing or loans, are planned to decrease steadily as obligations are fulfilled. Shareholder equity will increase in conjunction with retained earnings, showing a sturdy financial position and increasing net worth of the business over the years.

Break-Even Analysis

The break-even analysis shows that GourmetGrove Restaurant will need to attain a monthly revenue of approximately $30,000 to cover fixed costs and variable expenses. At an average ticket price of $50 per diner, this necessitates serving around 600 patrons per month—or about 20 diners per evening—to break even. Given the restaurant's seating capacity and operational hours, this goal is well within achievable limits, and we expect to surpass the break-even point midway through the first year.

Financial Assumptions and Considerations

Key financial assumptions underlying these projections include a steady growth in the customer base due to our marketing initiatives, stable supply chain costs, and effective management of overheads. We've also considered the seasonality of the restaurant business, with higher revenues expected during holiday seasons and special events. We have factored in potential risks, such as economic downturns and unforeseen operational expenses, with mitigation strategies in place, such as flexible menu pricing and conservative expense management.

In summary, GourmetGrove Restaurant's financial projections show a promising trajectory, well-placed to capitalize on the growing market for fine dining experiences. With prudent management of resources, careful planning, and responsive strategies to market conditions, our financial roadmap positions us well to achieve sustainable growth and profitability.

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The successful operation of GourmetGrove Restaurant hinges on the understanding and management of potential risks that could impact our business. We have identified key areas of risk, including market, operational, financial, and legal considerations, and developed comprehensive strategies and contingency plans to mitigate these risks, ensuring the restaurant's sustainable success.

Market Risks:

Market risks include changes in consumer preferences, increased competition, and economic downturns which can lead to decreased discretionary spending on dining out. To mitigate these risks, GourmetGrove Restaurant is committed to regularly reviewing market trends and customer feedback to remain aligned with diners' evolving tastes. We will also diversify our offerings to cater to a broad range of dietary preferences and maintain competitive pricing strategies. Our robust marketing efforts will focus on building strong brand loyalty and differentiating us from competitors.

Operational Risks:

Operational risks encompass food safety concerns, supply chain disruptions, staff turnover, and equipment failures. We will implement strict food safety protocols and regular staff training to minimize the risk of foodborne illnesses. To address supply chain stability, we will work with multiple local suppliers and maintain appropriate inventory levels. To retain skilled staff, we will offer competitive salaries, benefits, and a positive work environment. Regular maintenance and servicing of kitchen equipment will be scheduled to prevent unexpected breakdowns, and we'll have backup equipment for essential items.

Financial Risks:

Financial risks involve cash flow shortages, unexpected increases in operational costs, and potential debt servicing issues. To offset financial risks, GourmetGrove will maintain a conservative fiscal approach with a cash reserve fund to manage potential shortfalls. Regular financial audits will be conducted to identify and correct any inefficiencies, and costs will be controlled without compromising quality. We will remain vigilant to market dynamics that could affect our cost structure and pricing model.

Legal and Compliance Risks:

Legal and compliance risks include the potential for litigation and the evolving regulatory landscape. Being in the food industry, there are strict health, safety, and labor regulations to adhere to. GourmetGrove's management will stay abreast of regulatory changes and ensure full compliance with all relevant laws and guidelines. We will engage the services of a reputable legal firm to handle all legal matters, including reviewing contracts with suppliers and securing the necessary licenses and permits.

Insurance Considerations:

To mitigate risks associated with property damage, liability claims, and other operational hazards, GourmetGrove Restaurant will maintain comprehensive insurance coverage. This includes property insurance, general liability insurance, workers compensation, and business interruption insurance. We will regularly review our coverage to ensure that it matches the operational scale and risks of the business.

Contingency Plans:

Our contingency plans involve having protocols in place for a variety of risk scenarios. For emergency operational issues like power outages or equipment failure, we will have backup generators and alternate equipment. In the case of a significant business disruption, such as a natural disaster, we will implement a business continuity plan to maintain some level of service, such as a limited menu or catering services, until normal operations can resume. If faced with an unexpected financial strain, we will review our operational costs and make adjustments accordingly, such as temporary reductions in non-essential expenditures, to safeguard financial stability.

In conclusion, GourmetGrove Restaurant has thoroughly considered potential risk areas and has put in place structured mitigation and contingency strategies. By regularly monitoring these and adjusting as needed, alongside responsible insurance and legal efforts, we are equipped to navigate challenges and ensure the longevity and profitability of the business.

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Home > Business Plan Templates > 10-Step Restaurant Business Plan Template With Examples

10-Step Restaurant Business Plan Template With Examples

Apr 14, 2024 | Business Plan Templates

Table of Contents

Summarising Our Restaurant Business Plan Template

This restaurant business plan template provides a comprehensive guide for those wanting to establish a restaurant business. It outlines ten crucial aspects – from executive summary, restaurant concept, business history and model, industry analysis, PR and marketing strategy, operations, and financial plan to appendices, offering a well-rounded view of your venture.

Each section comes with clear explanations and examples for clarity and easy understanding. The template assists you in presenting a concise and detailed blueprint that can impress investors, direct your team’s efforts, and fuel the steady growth of your restaurant.

1. Executive Summary

Introduction.

This section should introduce your restaurant. Details like your restaurant’s name, its theme or type, and cuisine should be included.

Example: Delicious Delights is a fine-dining restaurant specialising in contemporary American cuisine with a Southern twist.

Overview of the Business

Provide a summary of your restaurant. Discuss your speciality dishes, ambience, and dining experience. Also, share why your restaurant’s offerings are unique.

Example: Delicious Delights offers gastronomic delights derived from classic Southern dishes, revamped for the modern palette. Our customers enjoy these specialities in a chic and sophisticated setting for an ultimate dining experience.

Mission and Vision Statement

Write your restaurant’s mission and vision statements. These should communicate what you wish to achieve and where you plan to go in the future.

Example: Our mission is to provide our guests with a memorable dining experience through exceptional service, exquisite cuisine and a charming setting. Our vision is to become the city’s go-to destination for food lovers, known for its innovative and delectable American cuisine.

Location and Accessibility

Discuss where your restaurant is located. Talk about its accessibility and any prominent landmarks that could make it easier for customers to find you.

Example: Delicious Delights is conveniently located in the heart of downtown, just a few blocks from the popular city plaza.

Type of Service

Discuss in detail the type of service your restaurant provides, whether it offers sit-down, fine dining, fast-casual, take-out, or delivery service.

Example: Delicious Delights offers fine dining service while stressing each guest’s personal attention and comfort. We also provide customised catering services for special events and occasions.

Key Goals and Objectives

State your short and long-term goals. These should be SMART goals (Specific, Measurable, Achievable, Realistic and Time-bound).

Example: Our short-term goal is to establish ourselves as a popular food destination in town within a year, building a strong, loyal customer base. In the long run, we plan to open two more branches across the state and start franchise opportunities.

2. Restaurant Concept and Brand

Restaurant concept.

This section should describe, in detail, the type of restaurant you plan to establish and the theme that it will carry. Moreover, explain why this specific restaurant’s concept was chosen.

Example: Delicious Delights is a fine-dining restaurant that revolves around contemporary American cuisine with a Southern twist. We chose this concept because of the rising admiration for American foods and the unique, rich flavours of Southern cuisine, which we believe can create exciting culinary experiences.

Brand Identity

Discuss how you plan to brand your restaurant here. This can include your restaurant’s logo, colour scheme, tone of voice used in advertising, and, in general, what you desire your restaurant to be recognised for.

Example: Our brand identity is about sophistication, warmth, and exceptional culinary experiences. Our logo features a fusion of a chef’s hat and a fork, symbolising our commitment to culinary excellence. We’ve used rustic colours to represent Southern inspiration; our tone is always warm, inviting, and passionate about food. We strive to be recognised for innovative American cuisine, impeccable customer service policies, and lively ambience.

3. Business History & Ownership

Legal status & structure.

Specify your restaurant’s legal status, such as whether it’s a sole proprietorship, a partnership, or a Limited Liability Company (LLC).

Example: Delicious Delights operates as an LLC, providing business partners with the flexibility of a partnership while offering legal protection by limiting personal liability.

Business Ownership

Describe who owns the restaurant, what their roles are, and what their share percentages are if there are multiple owners.

Example: Delicious Delights is co-owned by John Roe and Jane Doe. John, who has extensive culinary experience, holds the executive chef position, and Jane, who has a background in hospitality and other company management, oversees the daily operations and management of the restaurant. They both have equal ownership in the business.

Key Milestones

Describe significant achievements or key moments in your restaurant’s history that illustrate its initial success, growth, or impact.

Example: Since its opening in 2019, Delicious Delights has grown steadily, doubling our dinner service within six months. In 2020, despite the challenges, we introduced a successful take-out menu and catering services, adding a revenue boost. Recently, our city’s lifestyle magazine nominated us under the ‘Best New Restaurants’ category.

4. Business Model

Main revenue sources.

Discuss your restaurant’s main revenue sources. These could include food and beverage sales, merchandise, special events, or catering services.

Example: Delicious Delights primarily generates revenue through food and beverage sales. We also host private parties and events and offer catering services to restaurant businesses, contributing significantly to our income. Additionally, we sell merchandise like branded mugs, t-shirts, and our signature spice blends.

Supply Chain

Discuss your supply chain, including where you source your ingredients from, your relationship with suppliers, and any unique or local products you use.

Example: We pride ourselves on using high-quality, fresh ingredients sourced locally wherever possible. Our meat and poultry come from sustainable, free-range farms within the state. Our vegetables are sourced from local organic farms. We have a good relationship with our suppliers, ensuring we get the best prices and priority delivery.

Special Events

If your restaurant plans to host special events or themed nights that could impact revenue, detail them here.

Example : We plan to host various special events and themed nights, including ‘Southern Nights,’ where we explore and celebrate different Southern cuisines on our menu once a month. We also host wine-tasting events featuring local vineyards and ‘Live Music Fridays,’ which draw a large crowd, boosting our revenue.

5. Industry Analysis

Current market trends.

Explore the prominent trends within the restaurant industry, noting how these trends may influence your restaurant.

Example: Current trends show an increasing demand for farm-to-table dining experiences and an appreciation for local cuisine. At Delicious Delights, we aim to tap into these trends, offering our guests meals prepared with locally sourced, fresh ingredients and serving dishes that are influenced by regional flavours.

Direct and Indirect Competition

Analyse the competitive landscape around your restaurant. Look at both direct competitors (other restaurants) and indirect competitors (like grocery stores or home meal kit delivery services).

Example: Our direct competitors include other fine dining establishments in the city. Indirect competitors include food delivery services and upscale supermarkets promoting ready-to-eat meals. Despite the competition, our unique blend of contemporary and Southern cuisine and our commitment to local sourcing give us a competitive edge.

Competitive Advantage

Discuss what sets your restaurant apart from the competition.

Example: What sets Delicious Delights apart is our menu, which offers a unique fusion of contemporary and Southern flavours, our commitment to local sourcing and fresh ingredients, and our ambience, which seamlessly blends sophistication and homeliness. We also offer a personalised dining experience, where our chefs interact with diners, explaining the story behind each dish.

Positioning and Strategy

Clarify your restaurant’s positioning and the strategy it will adopt to succeed.

Example: Delicious Delights is positioned as a leader in culinary innovation, presenting a modern take on Southern cuisine with high-quality, locally sourced ingredients. Our strategy is to constantly deliver delightful culinary experiences by experimenting with diverse South American flavours, maintaining superior service, and offering a pleasing environment for our patrons.

6. Public Relations and Marketing Strategy

Pr strategy.

Outline your public relations strategy, including how you plan to gain positive media attention and build a strong reputation within the community.

Example: Our PR strategy involves hosting media tasting events during new menu launches and sending out press releases around key milestones and special events. We plan to engage with bloggers and influencers to highlight our culinary adventures and invite them for exclusive tasting sessions.

Marketing Plan

Discuss your plan to attract and retain customers, whether it’s through social media advertising, a referral program, a loyalty program, or other marketing efforts.

Example: Our marketing plan revolves around digital marketing, primarily utilising social media platforms to engage potential and existing customers. We also plan to launch a loyalty program to provide returning customers exclusive perks. Traditional marketing methods like distributing flyers and local press ads will also be leveraged.

Website and Social Media

Describe plans for your organisation’s online presence, including your website and social media platforms.

Example: Our website features our complete menu, information about our chef, and upcoming events, and it allows direct reservations. We are active on several social media platforms where we showcase behind-the-scenes content, daily specials, food photos, and customer testimonials. It’s a great tool to engage with our audience and keep them updated with what’s new at Delicious Delights.

7. Operations

Staff hiring and roles.

Talk about your restaurant’s hiring practices, the roles needed, including front-of-house and kitchen staff, and any training you provide. Also, forecast future recruitment needs.

Example: We employ a full complement of restaurant staff, including chefs, line cooks, servers, bartenders, hosts, and managers. To ensure the highest level of service, all employees undergo rigorous training upon hiring, with ongoing training provided for customer service and safety standards. As we plan to extend our operating hours, we envisage hiring additional staff.

Daily Operations

Describe your daily operations, from the restaurant’s opening, the general seating procedure, and how orders are taken to closing tasks.

Example: Daily operations at Delicious Delights include pre-opening procedures such as cooking preparation, cleaning, and setup. Once we open, hosts greet and seat customers, servers take orders, and the kitchen staff prepare the meals. Post-service, staff clean the restaurant and prep for the next day. At the same time, the manager runs a daily sales report and restocks inventory as necessary.

Facility Needs (If Applicable)

Discuss the physical needs of your restaurant, such as your kitchen requirements, dining area layout, and any future needs for space expansion.

Example: Our facility includes a spacious kitchen equipped with state-of-the-art appliances, a comfortable dining area, a private dining room for special events, and a small outdoor patio. With our long-term plan of menu expansion, we anticipate requiring additional storage and potentially expanding our kitchen space.

8. Marketing and Communications Strategy

Marketing & outreach.

Describe how you plan to get the word out about your restaurant to the community and potential customers.

Example: We aim to promote Delicious Delights through a combination of digital marketing efforts, including managing an informative website, regular social media updates, and targeted email marketing. Additionally, we will use outdoor advertising, such as billboards in key locations and PR initiatives like food tasting events for local influencers and food critics.

Discuss your restaurant’s online presence, specifically your website and the social media platforms you’ll utilise.

Example: Our website provides detailed information about Delicious Delights including our menu, specials, location, operating hours, and the ability to make a reservation. We will also keep our audience engaged through regular posts and pictures on various social media platforms, including Instagram, Facebook, and Twitter.

Community Engagement

Explain how you plan to build relationships with the local community beyond the immediate services you offer.

Example: Delicious Delights plans to actively participate in local events and festivals by hosting food stalls or sponsorships. We also contemplate organising free monthly cooking workshops where our chefs and patrons can meet, discuss, and bond over their love for food.

9. Financial Plan

Startup budget/ current annual budget.

List your restaurant’s current or projected financial status. Include information about present/anticipated income and expenses.

Example: Our projected annual budget for this year is $1.5 million, with income anticipated from food and beverage sales, event hosting, and merchandise sales. Major expenses include food costs, labour, rent, utilities, and marketing.

Proposed Financing

Review your financial strategy, including how to manage any income shortfalls. Discuss your plans for potential investments or loans, if any.

Example: We plan to finance our restaurant through a blend of owner’s equity and bank loans. In the case of revenue shortfalls, we have planned for a revolving credit facility, which we can access as needed.

Key Financial Assumptions and Justifications

Mention any assumptions you have made while planning your finances, with suitable justifications for each assumption.

Example: Based on our market survey and the growing food culture in our locality, we have an estimated revenue growth of 10% per annum. Food costs are anticipated to remain at about 30% of total revenue, as we plan to manage these costs diligently by carefully selecting vendors and regularly reviewing our food waste.

10. Appendices

Organisational chart.

Include a visual hierarchy of staff and management positions within your restaurant.

Example: Our organisational chart outlines our management structure, starting with the restaurant owner and followed by the restaurant manager, chef, kitchen staff, front-of-house manager, and servers, providing clarity on role responsibilities and interactions.

Resumes of Key Staff

A brief bio or resume of your key team members can help you better understand their expertise, skills, and experience.

Example: Attached are the resumes of our Head Chef and Restaurant Manager. Both have significant industry experience and a track record of success in their respective fields.

Detailed Budget

Have a detailed budget breakdown, including income and expenses, if you’ve referred to it in your financial plan.

Example: Enclosed is a detailed version of our annual budget, indicating how resources are allocated between food costs, labour, rent, utilities, and marketing, and how we have planned for our income.

Evidence of Market Demand

Include any results from market research or demand surveys that support the viability of your restaurant in the location where you plan to operate.

Example: Find attached excerpts from a local market survey we conducted, which shows substantial demand for restaurants offering local cuisine with a modern twist in our city, underlining the potential for success of Delicious Delights.

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How to write a business plan for your restaurant.

Starting a restaurant can be a great way to make a living while also providing a valuable service to the community.

It can also be a great way to express creativity, as a restaurant provides an opportunity to create unique dishes and experiences for customers.

Nevertheless, the first step is to develop a business plan.

A business plan is essential before starting a new project such as a restaurant. It should include a detailed description of the business, a marketing plan, and a financial plan. A business plan helps ensure that the project is well-planned and organized, and will help set the project up for success.

In short, a thorough business plan will help make sure your restaurant is profitable .

What should be covered when creating a business plan for a restaurant? How can it be presented clearly? What financial metrics should be included? How can I develop an efficient business plan in less time?

Exciting news! The forthcoming article holds all the answers to these questions!

Also, please note that starting your business plan from scratch is not mandatory.

Instead, you can download our professional business plan for a restaurant and tailor it to suit your requirements.

How to develop a business plan for a restaurant

Is a business plan recommended for your restaurant.

Yes, you should create a business plan for your restaurant.

Formulating a comprehensive business plan will allow to:

• get familiar with the restaurant market
• keep up with the industry's changing trends
• establish what makes a restaurant competitive
• understand what your consumers want to eat
• come up with a great value proposition for your dining establishment
• identify competitive advantages and disadvantages
• find distinctive competitive edges for your restaurant
• find a business model that ensures a sustainable profit margin
• formulate an effective strategy to drive business growth
• evaluate potential risks associated with operating a restaurant, such as foodborne illnesses, customer satisfaction, and staff turnover

Our team has drafted a business plan for a restaurant that is designed to make it easier for you to achieve all the elements listed.

How to organize a business plan for a restaurant?

A meticulously written business plan provides all the necessary information, numbers, and financial details. It must be presented in a structured format, to make easy to read and digest.

When we built our business plan for a restaurant , we made sure to set it up correctly.

We've divided it into 5 sections (Opportunity, Project, Market Research, Strategy and Finances).

1. Market Opportunity

The section number one is designated as "Market Opportunity."

This section presents a comprehensive report on the restaurant industry, including key data and metrics to guide your decision-making process in the food service sector.

We renew this section twice a year for up-to-date data.

2. Project Presentation

The "Project" section allows you to present your pottery studio project, including the available pottery techniques, studio layout, classes offered, and highlight the unique value proposition for pottery enthusiasts.

At the end of this section, provide a brief introduction about yourself and your culinary journey.

Explain your culinary style, your commitment to using quality ingredients, and how you plan to create a memorable dining experience for guests at your restaurant. Highlight your menu offerings, your skilled kitchen and waitstaff, and your dedication to providing exceptional customer service that ensures guests have a delightful and satisfying culinary experience at your restaurant.

In our business plan, you'll find that we've given you pre-existing content. Modify it to match your idea exactly.

3. Market Research

After that, comes the "Market Research" section.

The purpose of this section is to introduce the market segments for your restaurant.

It includes a competition study, outlining similar restaurants in the area. Your restaurant's competitive advantages are also highlighted. A customized SWOT analysis is included.

4. Strategy

Within the "Strategy" section, a 3-year development plan is outlined, specifying the necessary initiatives to make your restaurant highly profitable.

Moreover, you will find a marketing strategy, a risk management approach, and a Business Model Canvas specifically designed for a restaurant in this section.

5. Finances

Lastly, the "Finances" section is dedicated to illustrating the financial plan and data for your project.

How to make an Executive Summary for a restaurant?

The Executive Summary can be seen as a condensed overview of the business plan for your restaurant.

Keep it brief and focused, with a maximum of 2 pages. Include only the key elements.

It's the first thing an investor will read when you share your business plan with them. It should catch their interest and make them want to read the rest of the plan.

In the Executive Summary of your restaurant, provide answers to these questions: what type of cuisine does your restaurant offer? who is your target audience? are there other restaurants in the area? what makes your restaurant special? how much funding do you require?

How to do the market analysis for a restaurant?

Analyzing the market for your restaurant allows you to gain insights into factors such as customer preferences for dining experiences, competition within the food service industry, and emerging trends in culinary innovation.

By conducting a comprehensive market analysis, a restaurant can understand customer preferences, offer a diverse and delicious menu, optimize pricing strategies, and execute targeted marketing campaigns, ultimately leading to a loyal customer base, increased reservations, and a prominent position in the local dining scene.

Here's what we've included in the "Market Research" section of our business plan for a restaurant :

• recent data and statistics about the restaurant industry, including customer dining preferences, revenue trends, and popular cuisine choices
• a list of potential market segments for a restaurant
• the competitor study
• the potential competitive advantages for a restaurant

The key points of the business plan for a restaurant

What's the business model of a restaurant, business model of a restaurant.

A restaurant's business model centers around offering a menu of food and beverages for dine-in, takeout, or delivery services. Revenue is generated through food sales, potentially offering additional services such as catering or private events.

The business model focuses on creating a diverse and appealing menu, delivering excellent food quality and taste, providing exceptional customer service, effective marketing to target food lovers, and building strong customer relationships based on taste and dining experience.

Success depends on recipe innovation, maintaining consistent food quality, delivering efficient service, fostering positive customer reviews and recommendations, and creating a welcoming and comfortable restaurant ambiance that attracts a loyal customer base.

Business model vs Business plan

Don't get "business plan" and "business model" mixed up.

A business model outlines the way a company creates value, generates revenue, and operates.

In a business plan, you demonstrate your business model using a structure called the Business Model Canvas.

And, of course, there is a Business Model Canvas (already completed) in our business plan for a restaurant .

How do you identify the market segments of a restaurant?

Market segmentation for your recruitment agency business involves dividing your potential clients into different groups based on their hiring needs, industries, and preferences.

These categories may include factors such as IT recruitment, healthcare recruitment, executive search, or clients seeking specific recruitment services (e.g., temporary staffing, talent acquisition, niche specialization).

By segmenting your market, you can offer specialized recruitment services and solutions that cater to each segment's specific requirements. For example, you might focus on IT recruitment and provide sourcing and placement services for tech companies or startups, offer comprehensive healthcare recruitment services and assist hospitals, clinics, or healthcare organizations in finding qualified medical professionals, specialize in executive search and help businesses identify top-tier executive talent, or focus on specific recruitment services such as temporary staffing for companies in need of short-term staffing solutions or niche specialization to serve a specific industry or job market.

Market segmentation allows you to effectively target your marketing efforts, communicate your expertise in specific industries or recruitment services, and provide reliable and efficient recruitment solutions that meet the unique needs and preferences of each client segment.

In the business plan for a restaurant , you will find a comprehensive market segmentation that will help you identify your potential customers.

How to conduct a competitor analysis for a restaurant?

It's clear that you won't be the only restaurant in your city. There are other dining establishments offering diverse cuisines and culinary experiences to patrons.

Make sure to thoroughly analyze your competitors as part of your business plan by listing their attributes, strengths, and weaknesses.

Address their weaknesses (such as inconsistent food quality, slow service, or poor cleanliness).

Why is it important to address these concerns? Because these weaknesses can impact the dining experience at restaurants.

By focusing on these areas, you can provide a diverse and delicious menu, offer excellent customer service, and create an inviting and memorable ambiance, establishing your restaurant as a go-to choice for dining out and enjoying great food.

It's what we call competitive advantages—invest in them to make your business unique.

Here are some examples of competitive advantages for a restaurant: delectable and diverse menu offerings, exceptional culinary skills, inviting and stylish ambiance, efficient service, outstanding customer reviews and reputation, excellent hygiene and cleanliness, accommodating for special dietary needs or preferences.

How to draft a SWOT analysis for an eatery?

A SWOT analysis can help identify strengths, weaknesses, opportunities, and threats associated with starting a restaurant, allowing for informed decision-making.

As you can guess, there is indeed a completed and editable SWOT matrix in our business plan for a restaurant

The strengths for a restaurant

When we use the "S" in SWOT, we're talking about Strengths, which are the project's strong points.

For a restaurant, possible strengths could include friendly staff, great food, a good atmosphere, and competitive prices.

The weaknesses for a restaurant

The "W" represents Weaknesses, indicating the areas or aspects of the project that need enhancement.

For a restaurant, potential weaknesses could include a lack of online presence, insufficient staffing, limited menu options, and inadequate customer service.

The opportunities for a restaurant

When we use the "O" in SWOT, we're talking about Opportunities, which are the external possibilities or favorable situations for the project.

In the case of a restaurant, potential opportunities include expanding the catering business, introducing new menu items, developing a loyalty program, and offering delivery services.

The threats for a restaurant

T represents Threats, which are the external factors or circumstances that can pose risks or hindrances to the project's progress.

How to elaborate a marketing strategy for an eatery?

A marketing strategy is a key factor in acquiring customers and increasing revenue, so include it in your business plan.

Developing an effective marketing approach will help your restaurant connect with food enthusiasts seeking a unique and delectable dining experience.

Diners won't choose your restaurant without effective promotion; emphasizing the culinary experience, ambiance, and unique offerings is necessary.

Have you explored marketing approaches to attract customers to your restaurant? Consider creating mouthwatering food photography for social media, hosting themed events or special menus, and collaborating with food bloggers or influencers for reviews.

Don't panic if you lack knowledge about marketing and communication – there are resources to help you learn.

How to build a solid financial plan for an eatery?

A successful business plan requires comprehensive financial data in order to accurately forecast future performance.

In your business plan, you will have to make revenue projections for your restaurant.

We must ensure that this revenue forecast is reasonable and easily comprehensible.

Our financial plan for a restaurant is user-friendly, providing automated validations that allow you to rectify any assumptions swiftly. This guarantees the creation of credible projections with ease and assurance.

Naturally, you'll have to prepare an initial budget for your restaurant. Don't forget any expense (we have listed them all in our financial plan !).

The break-even analysis is a crucial tool in your financial plan, providing insight into whether your restaurant will be profitable or not.

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How it works

How to Write a Restaurant Business Plan in 2024 (Step by Step Guide with Templates)

A restaurant business plan is a framework that guides you to plan and forecast every element of restaurant management and operations.

This includes anything from your restaurant's menu design , location, financials, employee training , and a lot more.

• Creating a solid business plan is important, as it helps:
• Transform your restaurant ideas into reality.
• Boosts entrepreneurial success by 16% ( Harvard Business Study ).
• It equips you to navigate challenges before they arise.
• Attracts potential investors.

Planning is key to restaurant success. Without a plan, you're more likely to join the 26% of restaurants that fail within a year.

Create a business plan to set yourself up for success. Here's how to get started. 

What is a restaurant business plan? 

Before writing a business plan, it is important to understand its fundamentals.

It serves as a roadmap for starting and running your restaurant , making it easy for outside parties, such as investors, to understand your objectives, vision, and plan of action for your restaurant.

The length and level of detail of business plans vary, ranging from brief synopses to large papers. Investors can benefit from clear insights and additional information provided by beginning with a concise plan and working their way up to a detailed one.

In short, a thorough description of the resources allocated to the success of your restaurant should be included in your business plan.

Steps to include in your business plan 

Your restaurant and mission statement needs to reflect your brand and goals, but you don't have to start from scratch.

The Eat App Restaurant Business Plan template , created by industry professionals and packed with insider information, is your go-to manual for creating a profitable business plan.

Your finalized business plan should have 11 essential elements, no matter how you write it. Continue reading below. 

1. Executive summary

A restaurant business plan should always begin with an executive summary. Why?

• 80% of venture capitalists say they read the executive summary first.
• 62% of investors say they would not continue reading a business plan if the executive summary did not capture their interest.
• A strong executive summary can increase the likelihood of securing funding by up to 40%.

An executive summary not only acts as the introduction to your restaurant business plan samples but also as a summary of the entire idea.

The main aim of an executive summary is to draw the reader (oftentimes an investor) into the rest of your business plan.

The executive summary also helps you envision the identity of your restaurant which essentially shapes the customer experience and sets you apart from direct and indirect competitors.

To establish a distinct identity, you need to focus on common elements of an executive summary, including:

• A mission statement 
• Proposed concept development
• Cuisine selection
• The overall execution
• The potential costs
• Expected return on investments (ROI)
• Business succession plan

Let's take a more in-depth look at the concept development, cuisine selection, and mission statement.

1.1 Concept Development

Selecting the type of restaurant, service style, and atmosphere is the first step towards creating a unique dining experience. Whether you envision a sample menu for a:

• cozy, intimate bistro
• bustling quick-service deli
• fast-casual restaurant
• fine dining establishment

Your concept should reflect your passion and expertise in the industry.

1.2 Cuisine Selection

The cuisine you select for your restaurant can significantly influence its success.

Choosing the appropriate cuisine is vital for distinguishing your establishment from competitors and attracting your target customers.

To make an informed decision, consider factors such as:

• Market demand
• Expertise and passion
• Ingredient availability
• Competition
• Profitability
• Cultural fit
• Seasonality
• Dietary restrictions and trends

In the highly competitive restaurant industry, keeping track of current and emerging cuisine trends can be a significant advantage.

1.3 Creating a mission statement

A well-constructed mission statement communicates the purpose, values, and goals of your restaurant to potential investors and customers alike.

A mission statement serves as a guiding light for decision-makers and employees, fueling their efforts to achieve your restaurant’s objectives.

To create an impactful mission statement, consider the following steps:

• Identify the purpose of the restaurant.
• Contemplate the brand’s image.
• Account for the target audience.
• Incorporate company values.
• Ensure brevity and comprehensiveness.

Related content: How to Write a Restaurant Mission Statement 

Remember, your mission statement should not only differentiate your restaurant from competitors but also resonate with your target market.

2. Business description

This is where you carefully introduce the company in the restaurant business plan (and overall business model).

Include the name of the restaurant you are launching in this field along with its address, phone number, and other important information.

Then, also include the owner's information as well as a synopsis or explanation of their background. The restaurant's legal position and its short- and long-term objectives should be outlined in the second section of the company description.

To demonstrate your understanding of the changes in the local food business and the reasons why the most independent restaurant investors will be successful in this market, please submit a brief market research.

Here's an example of the page layout:

Company Description

Restaurant Name: [Restaurant Name]

Location: [Restaurant Address]

Contact: [Restaurant Phone Number] | [Restaurant Email Address]

Owner: [Owner Name]

Experience: [Owner Name] has over [Number] years of experience in the restaurant industry. They have worked in various roles, including [List of Roles]. They are passionate about food and creating a memorable dining experience for their guests.

Legal Standing: [Restaurant Name] is a [Type of Legal Entity] registered in [State/Province].

Further reading

• How to Write a Great Restaurant Description

3. Market analysis

The market analysis portion of the restaurant business plan is typically divided into three parts.

3.1 Industry analysis

What is your target market ? What demographics will your restaurant cater to?

This section aims to explain your target market to investors and why you believe guests will choose your restaurant over others.

Comprehending your target market is key to customizing your restaurant offerings to their preferences and needs.

By diving into demographics, preferences, dining habits, and trends, you can fine-tune your concept and marketing strategy to reach and appeal to your target audience effectively.

An example of analyzing your target market

 Comprehending your target market is key to customizing your restaurant offerings to their preferences and needs.

Demographics and preferences

Identifying your primary target market involves considering factors such as:

For example, a neighborhood with a high concentration of families might prefer a family-friendly restaurant with a diverse menu catering to various age groups and dietary preferences.

Conversely, a trendy urban area with a predominantly young and affluent population may gravitate towards upscale dining experiences and innovative cuisine.

Cultural and ethnic backgrounds also have a significant impact on restaurant preferences, with people from different backgrounds having distinctive tastes and customs that influence their dining choices.

By thoroughly understanding the demographics and preferences of your target market, you’ll be better equipped to create a restaurant concept that resonates with them and ultimately drives success.

Dining habits and trends

As the restaurant industry continues to evolve, staying informed about dining habits and trends is crucial for adapting your offerings and attracting customers.

For example, the rise of online ordering and delivery services has significantly influenced dining habits, with many consumers seeking the convenience of having their meals delivered to their doorstep.

Health trends have also had an impact on dining habits, with an increasing number of individuals seeking healthier options when dining out.

3.2 Competition analysis

It's easy to assume that everyone will visit your new restaurant first, so it is important to research your competition to make this a reality.

What restaurants have already established a customer base in the area?

Take note of everything from their prices, hours, and service style to menu design to the restaurant interior.

Then explain to your investors how your restaurant will be different.

3.3 Marketing analysis

Your investors are going to want to know how you plan to market your restaurant. How will your marketing campaigns differ from what is already being done by others in the restaurant industry?

How do you plan on securing your target market? What kind of offers will you provide your guests? Make sure to list everything.

• How to Identify Your Restaurant’s Target Market (Expert Tips Included)

The menu is the most important part of a restaurant's debut. Your restaurant wouldn't be able to operate without it.

You most likely don't have a final draft at this time, but you should aim to create a mock-up menu for your restaurant business plan. You can choose a design that you can envision yourself using and add your logo to the mock-up.

There are several resources available online if you need assistance with menu design or don't want to hire a designer.

But the price should be the most important component of your sample menu. The cost research you've completed for investors ought to be reflected in your prices. They will have a clearer idea of your restaurant's intended price range as a result. 

You'll quickly see how important menu engineering can be, even early on.

5. Employees

The company description section of the restaurant business plan briefly introduces the owners of the restaurant with some information about each. This section should fully flesh out the restaurant's business plan and management team.

The investors don’t expect you to have your entire team selected at this point, but you should at least have a couple of people on board. Use the talent you have chosen thus far to highlight the combined work experience everyone is bringing to the table.

6. Restaurant design

The design portion of your restaurant business plan is where you can really show off your thoughts and ideas to the investors. If you don’t have professional mock-ups of your restaurant rendered, that’s fine.

Instead, put together a mood board to get your vision across. Find pictures of a similar aesthetic to what you are looking for in your restaurant.

The restaurant design extends beyond aesthetics alone and should include everything from restaurant software to kitchen equipment. 

7. Location

The location you settle on for your restaurant should be well aligned with your target market (making it easier to cater to your ideal customer) and with your business plans.

At this stage in the process, it's not uncommon to not have a specific location in mind - but you should at the very least have a few options to narrow down.

Pro Tip: When you approach your investors about potential locations, make sure to include as much information as possible about each venue and why it would be ideal for your brand. 

Example for choosing an ideal location

Choosing the ideal location for your restaurant is a pivotal decision that can greatly influence your success. 

To make the best choice, consider factors such as foot traffic, accessibility, and neighborhood demographics.

By carefully evaluating these factors, you’ll be better equipped to maximize visibility and attract your target market.

7.1 Foot traffic and accessibility

Foot traffic and accessibility are important factors in selecting a location that will attract customers and ensure convenience.

A high-traffic area with ample parking and public transportation options can greatly increase the likelihood of drawing in potential customers.

Additionally, making your restaurant accessible to individuals with disabilities can further broaden your customer base and promote inclusivity.

7.2 Neighborhood demographics

Analyzing neighborhood demographics can help you determine if your restaurant’s concept and cuisine will appeal to the local population.

Factors such as income levels, family structures, and cultural diversity can all influence dining preferences and habits.

By understanding the unique characteristics of the neighborhood, you can tailor your offerings and marketing efforts to resonate with the local community.

Conducting a market analysis can be a valuable step in this process.

To gather demographic data for a particular neighborhood, you can utilize resources such as the U.S. Census Bureau’s American Community Survey and reference maps.

Armed with this information, you can make informed decisions about your restaurant’s concept, menu, and pricing, ensuring that your establishment is well-positioned for success within the community.

Conducting market research will further strengthen your understanding of the local demographic.

• Why does restaurant location matter?

8. Market overview

The market overview section is heavily related to the market research and analysis portion of the restaurant business plan. In this section, go into detail about both the micro and macro conditions in the area you want to set up your restaurant.

Discuss the current economic conditions that could make opening a restaurant difficult, and how you aim to counteract that. Mention all the other restaurants that could prove to be competition and what your strategy is to set yourself apart.

9. Marketing

With restaurants opening left and ride nowadays, investors are going to want to know how you will get word of your restaurant to the world.

The next marketing plan and publicity section should go into detail on how you plan to market your restaurant before and after opening. As well as any plans you may have to bring a PR company on board to help spread the word.

Read more : How to write a restaurant marketing plan from scratch

10. External help

To make your restaurant a reality, you are going to need a lot of help. List any external companies or software you plan on hiring to get your restaurant up and running.

This includes everything from accountants and designers to suppliers that help your restaurant perform better, like POS systems and restaurant reservation systems.

Explain to your other potential investors about the importance of each and what they will be doing for your restaurant.

11. Financial analysis

The most important part of your restaurant business plan is the financial section. We would recommend hiring professional help for this given its importance.

Hiring a trained accountant will not only help you get your own financial projections and estimates in order but also give you a realistic insight into owning a restaurant.

You should have some information prepared to make this step easier for the accountant.

He/she will want to know how many seats your restaurant has, what the check average per table will be, and how many guests you plan on seating per day.

In addition to this, doing rough food cost calculations for various menu items can help estimate your profit margin per dish. This can be achieved easily with a free food cost calculator. 

• Your Complete Guide to Restaurant Financing and Loans

A well-crafted restaurant business plan serves as a roadmap to success, guiding every aspect of the venture from menu design to employee training.

By carefully considering each component of the plan, aspiring restaurateurs can increase their chances of securing funding, attracting customers, and achieving their long-term goals.

Remember, a restaurant business plan is not just a document to satisfy investors; it is a living tool that should be revisited and updated regularly as the business grows and evolves.

By staying committed to the plan and adapting it as needed, restaurateurs can ensure that their culinary dreams have a solid foundation for success.

What is the most important thing to open a restaurant? 

Opening a restaurant is a complex venture, but the most important thing is a clear and solid business plan . While passion for food and hospitality is essential, a business plan lays the foundation for everything else. It helps you define your restaurant concept, target market, financial strategy, and operational details.

How to start a food business with little money? 

Six steps to launch a small food company:

1. Choose the category of food products you want to offer. 2. Verify the ideas you have for products. 3. Create a plan for your business. 4. Get to work developing your brand. 5. Establish your web store. 6. Locate and expand your following.

Does a restaurant need a business plan? 

Without one, it might be extremely difficult or perhaps impossible to get finance from a bank or investor for your restaurant venture. For this reason, having a business plan is essential. You might find it difficult, if not impossible, to remain in business for very long without the crucial beginning or operating capital.

How many pages can a business plan be?

15 to 20 pages.

A business plan, which is usually 15 to 20 pages long, is a written document that describes your company's operations, goals, and proposed course of action. It outlines the chances you're pursuing, the tools you'll need to reach your objectives, and your definition of success.

How to create a restaurant budget?

To create a restaurant budget, start by estimating your expected revenue based on market research and sales forecasts. Next, calculate your fixed costs, which include expenses like rent, utilities, insurance, and salaries that remain constant regardless of sales volume. Then, estimate your variable costs, such as food, beverages, and supplies, which fluctuate with the level of sales. It's also wise to set aside a contingency fund for unexpected expenses to avoid financial strain. Finally, regularly review and compare actual performance to your budget to make necessary adjustments and keep your restaurant’s finances on track. 

How to write a mini business plan?

To write a mini business plan, start with a brief executive summary outlining your business idea, goals, and key objectives. Include a description of your target market and competitive landscape. Outline your product or service offerings, and detail your marketing and sales strategies. Provide a snapshot of your financial projections, including expected revenues and costs. Conclude with a summary of your operational plan, highlighting key milestones and management roles. Keep it concise but comprehensive to effectively communicate your business vision.

How to write a business plan for fast food? 

To write a business plan for a fast food restaurant, start with an executive summary that outlines your concept and goals. Describe your fast food offerings, target market, and competitive edge. Include a market analysis of local trends and competitors, and detail your marketing strategies for attracting customers. Outline your menu, operational procedures, and management structure. Provide financial projections, including startup costs and revenue forecasts, and specify any funding requirements. This plan will serve as a comprehensive guide for launching and managing your fast-food business.

Growth Marketing Manager at Eat App

Saif Alnasur used to work in his family restaurant, but now he is a food influencer and writes about the restaurant industry for Eat App.

Reviewed by

Nezar Kadhem

Co-founder and CEO of Eat App

He is a regular speaker and panelist at industry events, contributing on topics such as digital transformation in the hospitality industry, revenue channel optimization and dine-in experience.

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How to Write a Restaurant Business Plan

A comprehensive business plan is the foundation of every successful restaurant. You need a business plan before you can begin to execute on anything having to do with opening your establishment. A proper business plan is a guide that will help take your idea from concept to reality.

When you begin to seek professional and financial support for your new business, your business plan will be the primary document of reference to describe your concept, market, and potential for profitability. You need a business plan for investors, lenders, consultants, partners, and other team members who will help make your dream of opening a restaurant come true.

In this article, we’ll walk you through every part of how to write a restaurant business plan, explain the function of each section, and provide an example you can use as a starting point.

Before Writing Your Business Plan: Questions to Answer

Before you start writing your business plan, you’ll want to consider a few key things. Knowing the answers to these questions will make writing your business plan and communicating your vision a hundred times easier. Keep the answers to these questions top of mind as you’re writing your business plan.

Who is your business plan for?

Are you approaching investors and lenders, or is your plan specifically for you and your staff? You’ll need to adapt your writing for different audience types, and perhaps place emphasis on certain sections over others depending on your primary audience.

Where will your restaurant be located?

If you don’t yet have a location for your restaurant , you should at least know which neighbourhood your restaurant will be located in. Your restaurant’s location will determine important elements of your business plan, like your competitive analysis, ingredient availability, venue type, etc. If you’re in the early stages of planning, you likely don’t know your exact address, but nailing it as close as you can will guide you in your writing.

What is your venue type?

You should have a clear idea of what kind of restaurant you’re opening , whether it’s an intimate cafe, craft microbrewery, or gourmet food truck. If you aren’t quite sure, you’ll need to decide before you write your business plan. You should know exactly what your venue is going to be as you work through the details of a business plan.

What are your goals?

Do you want to start a food truck and then grow to open a sister restaurant, or do you want to open a full service restaurant and grow to operate a fleet of food trucks? Are you looking to open a burger place with a constant flow of customers? Or maybe you want to be the go-to place for special occasions. Be as specific as you can in your vision, and be clear on exactly what you want to achieve.

What are your credentials?

Have you worked in the restaurant industry before? How well do you know the market? Do you need any additional skills before you start your restaurant? If you’re confident you have the skills, feel free to start. But if you’ve never spent any time in a kitchen or in the foodservice industry, you may want to get some hands-on experience so you know what you’re getting into.

5 Tips on How to Write a Restaurant Business Plan

Before you start writing your business plan, here are some tips to make the process easier.

• Collect materials that are relevant, like links, articles, quotes and information that may benefit you as you are writing, and use them for inspiration or include them within the appropriate sections of your business plan.
• Taking something from concept to creation can be challenging, but try to put everything you see in your imagination down in the most accurate words possible. Go through the business plan template the first time and make tons of notes for each section, then come back to it later and flesh out your ideas further.
• If a section stumps you, make a note and move on, then revisit it later when you have more information or more clarity. Refine and rework. Be sure to add all new developments that are happening, and when you’re confident you’ve said all you can about a section, go back in and edit and re-word until you’re satisfied.
• Use graphics and images to clarify your message when you feel it’s necessary. Consider creating Pinterest boards to keep you inspired and help you get visual. Then, when you are writing your business plan, go back to your boards to pull in graphics that get your idea across better than words.
• Just as Rome wasn’t built in a day, know that your business plan will take time. It can take anywhere from weeks to months to years to get a solid grasp on what it is you’re creating. As time passes and you continue to work on it, you’ll fine-tune your message and have a crystal clear plan on your hands.

Are you confident in your vision, clear on your goals, and comfortable with your skills? Ready to jump in?

Restaurant Business Plan Template

Table of Contents

Your restaurant business plan is going to be a long document. Depending on the nature of your restaurant, your business plan could be anywhere from 10 to 50 pages – so your readers will need to find sections easily. This is where a table of contents comes in. It’ll look something like this:

• Executive Summary – p. 3
• Business Overview – p. 5
• Business Description – p. 7
• The Marketplace – p. 12
• Marketing – p. 20
• Business Operations – p. 25
• Financials – p. 30
• Business Plan Summary p. 37

After you’re finished writing your restaurant business plan, make sure to review your table of contents so that your page numbers are accurate.

Executive Summary While the Executive Summary may live at the beginning of your business plan, it’s the last thing you’ll write. The Executive Summary is a one-page summary of every section in your business plan, so that readers can get a general sense of your entire plan in one page. Remember to keep this section brief yet impactful.

Business Overview

Your Business Overview is simple: it’s a list of basic information about your business, such as your legal name, type of business, business number, etc. You may have some empty fields until you’re closer to actually opening. This list is for quick reference and especially important if you’ll be seeking bank loans or approaching investors:

• Legal name of business
• Trade name of business (doing business as)
• Business address or potential business address
• Current mailing address
• Phone number
• Social media handles
• Structure of business
• Date business was established
• Nature of business
• Banking details (branch and banker’s name)

Quick tip: many of the details in your business overview will be filled out as your business takes shape. fill in what you can as you go. if some of this information is unknown, don’t let it hold you up.

Business Description

Your Business Description is where your restaurant comes to life. Here is where you’ll describe, in detail, what your business is going to look like, where it will be, and the kind of vibe it will have. Your Business Description answers all of the questions that relate to your vision and goals. Be as expansive as you want here – go into as much detail as possible, and don’t be afraid to use visuals! Here’s what to include in your Business Description.

Will your business be run as a sole trader, a partnership, or a company? Who is involved and what is their role? This can be a short paragraph.

Your restaurant concept is your idea . Take the time to describe why your business is special, and talk about what you’ll do differently as compared to other restaurants. Why should people choose your restaurant over another? What kind of experience will you be providing customers?

Mission statement

Your mission statement is one sentence that describes what your restaurant will achieve. Think of your end goal, the ultimate driving force behind your business. Your mission statement should be something that can be displayed on marketing materials, and it should express to people what your business is all about.

Short-term and long-term goals

Here you’ll want to mention any relevant personal goals, then list your short-term and long-term objectives. Think about where you’re going and what you hope to be doing in a couple of years. Your short-term goals describe your first year as a restaurant owner. Long-term goals are larger, like how you plan to scale your business and how you hope to grow. Be descriptive in this section, but also remember to remain realistic and within the scope of your projections in the financial section.

Menu and services

Include a sample menu, or menus, and discuss the details of each, such as times of day offered and the inspiration or rationale for each. If you’re going to offer catering, delivery, or any other services, mention those here. Describe anything else you’ll be selling, such as pre-packaged foods, canned or bottled drinks, or retail items such as t-shirts and hats.

You likely won’t have secured a location or negotiated a lease at this point, so instead mention the neighbourhoods you’re considering for your venue. Answer the following questions here: Which features of the neighbourhood will affect your business? What other businesses are located in the area? What kinds of people live, work, or visit the neighbourhood? Consider and document all effects that the location will have on your business, like access to parking, public transportation, walk score, etc.

Take the time to describe your concept with as much visual detail as you can. Express why these details are important (hint: they should relate back to your branding). If you’re working with a design agency or interior design specialist, mention them and show their proposals or mockups. Business description summary Finally, briefly sum up everything in this section. Your Business Description tends to be a long section, so you’ll need a summary that provides an overview of what you’re going to achieve with your business.

The Marketplace

This section is where you’ll describe the current status of the marketplace for your business. The most important thing to remember about this section is that you’ll need to remain honest and authentic. You won’t do yourself or anyone else any favours by painting an unrealistic picture of the marketplace and how your business fits within it. This section requires a lot of research and critical thinking skills.

Visit your direct competition and gain some intel on their customer experience and menu. Ask people in your prospective neighbourhood about how businesses perform in the area. By gathering as much information as you can, your marketplace assessment will be clear and rooted in reality.

Market segment

This section should provide a quick overview of the size of your customer base. What are the demographics, psychographics, and segments of your target market?

You need to know your target customers. Who will frequent your restaurant and what characteristics do they share? List statistics you’ve gathered about your market and any other relevant information about your potential customers. Make a note of any customer segments within your target demographic that have certain needs over others.

You’ll want quantitative and qualitative research to round out this section. Make sure to talk to people within your target market to gain a clear understanding of their needs and how you can serve them. You’ll also discover other valuable insights through these discussions.

Market trends

Here you’ll want to list relevant statistics about past and current trends within your marketplace. Include anything that relates to the demand for your business, social or economic factors, and trends that have affected similar businesses. If you’ve done research or hired a firm to conduct some for you, mention all the outcomes from that research here.

Competition

So you know other restaurants are your competition, but you’ll need to be specific. Analyse your prospective neighbourhood, and make a list of all your competitors from small to large. Use a critical eye to determine how they differ from your establishment. Categorise your competitors into “direct” and “indirect”. Your direct competitors are those restaurants that are offering similar customer experiences and type of cuisine, while indirect competitors may be different from your restaurant but still compete for your target market’s attention and spend.

Now that you’ve analysed the competition, you should be able to spot how you’ll be able to stand out. What will your restaurant do that no one else is doing? What are your differentiators that will cause the market to take notice of your business?

Opportunities

After you determine your differentiators, you’ll know how your restaurant can fill potential gaps in the marketplace or provide a better option for customers. From the menu to the hours, whatever your restaurant can do better, list it here.

Now, the other side of the coin: what your restaurant may not be able to do better than the competition. Take the time to list these as challenges, provide rationale as to why your restaurant will face these barriers, and how you’ll tackle them once you’re open. Don’t be afraid of honesty here; a candid account of the challenges you’ll face will show readers you’re self-aware and ready to overcome problems with practical solutions.

Marketplace summary

Briefly sum up everything that you’ve talked about in this section, reiterating the demographics of your target market, advantages, and opportunities.

You may be an amazing chef and create exceptional dishes, but without customers and sales, you don’t have much of a business. You need a marketing strategy to get people in the door and coming back. In this section on how to write a restaurant business plan, we’ll get into your strategy: how you’re going to price your meals, how you’ll position yourself to appeal to your target customers, and how you’ll promote your business to let customers know you exist.

Positioning

Describe how you’ll appeal to your target customers and where you will place yourself in the customer’s mind. Use your differentiators in the previous section to guide your positioning strategy. How will you communicate your differentiators to your market? What will you be offering the market that your customers wouldn’t be able to get anywhere else?

Describe your pricing and how it compares to similar businesses. Provide ballpark figures for different menu items and list standard pricing for your type of business. List your competitors’ prices and explain why yours will be higher or lower. Make sure to align this section with your financials so that your food and labour ratios are taken into account when crafting this section.

Online promotion

If you plan on creating and maintaining social media accounts like Facebook, Twitter, and Instagram, explain how you’ll use them to promote your business. Describe your website’s main elements, design style, and who will build it. List all paid digital promotion here such as Google ads, paid social media ads, and any agencies you’ll work with to develop and execute on all digital marketing initiatives.

Traditional promotion

Will you be holding any events, releasing a press release, or taking out any print ads?

Marketing summary

Briefly summarise your overall marketing strategy and what you’ll concentrate on the most: digital, traditional, PR, etc. Let readers know why you think your marketing strategy will work for your type of restaurant.

Business Operations

You’ve described your vision, the market, and how you plan to promote your business. But how will you actually execute your plans? Who will operate your business day-to-day? Here’s where you get into the nitty-gritty details of your business operations.

Introduce everyone on your payroll. List their qualifications, special skills, and job description, with an emphasis on how they will help you reach your goals and the tasks they will do every day. Categorise each staff member into other owners, chefs, managers, servers, bartenders, etc.

Supplier relationships

List your suppliers by type: food, payment, alcohol, cleaning, etc. Note how each supplier serves your restaurant’s needs , and list their credit and payment terms. List all suppliers for the following:

• Waste removal
• Restaurant supplies like dishware and glass
• Paper products
• Payroll service
• Cleaning services
• Plants or landscaping
• Linen service
• Entertainment
• Marketing and advertising
• Technology, such as EPOS hardware and software, mobile delivery apps, loyalty apps, and an internet provider

Your restaurant will need insurance coverage . Do some research to determine mandatory insurance and special coverage, and start to compare costs between insurance providers. List each type of insurance your restaurant will need and what it covers.

What kind of licencing does your restaurant need? List all of the licences and permits required for your restaurant and staff here. Check your local government website for the details and anything else that you are required to obtain in your area.

Business operations summary

Briefly sum up everything that you’ve talked about in the Business Operations section.

You’ve now arrived at the most important – and the most daunting – part of your restaurant business plan. This is where you prove that your idea is actually a business that can turn a profit. Complete a financial forecast that takes your concept and translates it into numbers. This exercise is the most important part of your business plan, as investors and lenders will be scrutinising these numbers before they read anything else.

The Breakdown

Your forecast will be broken into four main parts:

• Revenue: Forecasted sales
• Controllable costs: Food and beverage costs as well as cost of labour
• Expenses: Marketing, rent, supplies, utilities, etc.
• Start-Up Costs: What it costs to get you to open, as well as things like capital improvements and training.

We’ve created a downloadable sample forecast that demonstrates what you’ll need to do. Our example is Joe’s Burgers, a small 1,000 square foot quick service restaurant with no alcoholic beverage sales. Once you understand the sample forecast, we’ve included a blank forecast sheet where you can add in your own numbers to project how profitable you’ll be. Notes about the forecast spreadsheet

• Take the blank forecast and “save as” so that if you make a mistake, you can return to the original spreadsheet and start again.
• There are formulas pre-programmed in the cells of the spreadsheet.
• If you are planning to open a restaurant that will serve alcoholic drinks, you will have to figure out your sales mix of the various types: bottled beer, draft beer, liquor, and wine, and the costs associated with each. For example, if your bottled beer cost is 28% and wine cost is 40%, you’ll have an average beverage cost of 34% to add to your forecast.
• If you are going to offer catering or other services, you can create another revenue stream that covers events executed, average spends, revenues, cost of goods sold and labour costs for that source.

Business Plan Summary

Your Business Plan Summary should tie the whole message together. Use this section to highlight how you’re different and what you’re offering, reiterating the most important points about your restaurant.

Sections to include are:

• Why you will succeed: in a few short sentences, repeat how you are different and why your business will work.
• What you need: if you’re asking for money, repeat the ask here.
• A thank you: a quick thanks at the end reminds people that you value their time and input.

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