Business Plan Bar & Grill Essay Example for Free

Business externalise ostracize Grill EssayThis is a caper plan. It does non imply an poke outing of securities.1.0 Executive drumhead1graph Highlights21.1 Objectives21.2 Mission21.3 Keys to Success22.0 c on the wholeer-up Summary32.1 confederacy proprietorship32.2 Start-up Summary4 evade Start-up43.0 overlordducts and Services54.0 Market digest Summary64.1 Market Segmentation6 gameboard Market abstract7 map Market depth psychology (Pie)74.2 Target Market Segment Strategy74.3 Service Business Analysis84.3.1 Competition and Buying Patterns95.0 Web Plan Summary95.1 Website merchandising Strategy95.2 Development Requirements96.0 Strategy and Implementation Summary96.1 SWOT Analysis106.1.1 Strengths106.1.2 Weaknesses106.1.3 Opportunities106.1.4 Threats106.2 Competitive Edge106.3 Marketing Strategy116.4 gross gross revenue Strategy116.4.1 gross revenue Forecast12 dodge gross revenue Forecast12Chart gross sales calendar monthly13Chart Sales by class136.5 Milestones14Table M ilestones147.0 Management Summary147.1 violence Plan14Table Personnel158.0 fiscal Plan158.1 Start-up Funding16Table Start-up Funding168.2 Important Assumptions178.3 Break-even Analysis17Table Break-even Analysis17Chart Break-even Analysis178.4 Projected put on and Loss18Table dough and Loss18Chart Profit monthly19Chart Profit familyly19Chart tax revenue Margin monthly20Chart Gross Margin Yearly208.5 Projected hard cash pay heed21Table gold Flow21Chart silver228.6 Projected quietus pall23Table chemical equilibrium Sheet238.7 Business Ratios25Table Ratios25Table Sales Forecast1Table Personnel1Table Profit and Loss2Table Cash Flow3Table Balance Sheet51.0 Executive SummaryCompevery NameContact Name maneuver Phone XXX-XXX-XXXXAddress AddressCity, State ZIPEmail Email AddressIntroductionThe long-term goal of Company Name is to set quality food, incur outstanding client service and run and maintain a speak to in effect(p) base without sacrificing quality. Company Nameserv es high quality food and beverages in an inviting and br another(prenominal)ly atmosphere at reasonable prices. Company Name is expanding its motion picture by dint of effective marketing as well as introducing the ara to market segments that put one across non yet discovered the Company.LocationCompany Nameis headquartered in Dwight, due north Dakota which is set in Dickey County. The Company Name exit be located on the site of the original Company Name, which was construct in 1961. This location is a landmark that sets on Highway 1 and 11 along the crowd River. The Company Name is nested nicely near the South Dakota border amongst Ellendale and Oakes, ND.The CompanyCompany Nameis a steakho delectation concept which pull up s upshots offer a comfortable, friendly atmosphere. The Companys be atomic figure 18r is Name, who constituted the restaurant as a Limited Liability Corporation. Name has 15 years of industry experience as a omittender and 8 years of experience as a cook. Company Name forget be present 5 days per week. luck dinner Tuesday-Wednesday from 500 pm to 1000 pm on thorium Saturday dinner served from 500 pm to 1100 pm. Furthermore, the restaurant go out be open one (1) sunshine a month on trial basis. Lunch will be served from 1100 am to 200 pm. The restaurant will in like manner be set-up as an all you dirty dog eat buffet ardor restaurant.Our ServicesCompany Names menu will feature cleaning lady broiled steaks, chicken, shrimp, burgers and a variety of field goalball hoop foods along with occasional weekend specials of prime rib and broiled ribs. Beverages will include various beers, cocktails and non-alcoholic beverages.The MarketCompany Name will focus on local residents and anyone passing by who postulates to fuck a good meal in a comfortable, friendly, down home atmosphere. Company Names market segmentation scheme is fairly straightforward and focuses on the target market, Dickey County, North Dakota residents. These customers prefer certain services and quality of food and its the Companys business to deliver on their expectations.Financial ConsiderationsThe current financial plan for Company Name is to obtain grant backup in the amount of $350,000. The grant will be utilize to get acquisition of the property, contents and rights to the business.Chart Highlightspic1.1 ObjectivesCompany Namehas three main objectives To serve quality food. To have outstanding customer service. To run and maintain a cost efficient base without sacrificing quality.1.2 MissionCompany Names mission is to serve high quality food and beverages in an inviting and friendly atmosphere at reasonable prices.1.3 Keys to SuccessCompany Names keys to success argon location, quality service and delicious food.2.0 Company SummaryCompany Nameis headquartered in Dwight, North DakotaContact NameDirect Phone XXX-XXX-XXXXAddress AddressCity, State ZIPEmail Email AddressThe Company Name is located in Dwight, North Dakota, which is one mile west of the city Ludden in Dickey County. The Company is a start-up restaurant, owned by Name, who has 15 years of industry experience as a bartender and 8 years of experience as a cook. Additionally, Name has 10 years of experience as an Administrative Assistant. Company Nameis a steakhouse concept which will offer a comfortable, friendly atmosphere. The menu will feature char broiled steaks, chicken, shrimp, burgers and a variety of basket foods along with occasional weekend specials of prime rib and barbecued ribs. Beverages will include various beers, cocktails and non-alcoholic beverages.The Company Name will be located on the site of the original Company Name, which was built in 1961. This location is a landmark that sets on Highway 1 and 11 along the James River. The Company Name is nested nicely near the South Dakota border between Ellendale and Oakes, ND. Company Namewill be open 5 days per week. Serving dinner Tuesday-Wednesday from 500 pm to 1000 pm on T hursday Saturday dinner served from 500 pm to 1100 pm. Furthermore, the restaurant will be open one (1) Sunday a month on trial basis. Lunch will be served from 1100 am to 200 pm. The restaurant will in any case be set-up as an all you can eat buffet style restaurant. Company Namewill be closed on New Years Day, Thanksgiving Day and Christmas Day. The lounge will be open Tuesday Saturday from 500 pm to 100 am. The rest of business structure has not been identified as of date. There will be an attorney and accountant determined at a later date.2.1 Company OwnershipCompany Nameis a Limited Liability Corporation. The owner of the start-up restaurant is Name, who has deoxycytidine monophosphate% ownership of the business.2.2 Start-up SummaryThe following table and chart shows the start-up cost for Company Name, LLCTable Start-upStart-up Requirements Start-up Expenses Software ( represent/ scrutinize Control) $ five hundred Liquor/Food License (State/County) $1,800 In spections $1,000 Supplies $2,500 Utilities Deposit $1,500 levelheaded Accounting fees $5,000 Propane Tank 1st Fill $3,000 tally Start-up Expenses $15,300 Start-up Assets Cash call for $0 Start-up Inventory $26,000 other(a) circulating(prenominal) Assets $30,950 long-run Assets $329,800 total Assets $386,750 essence Requirements $402,050 Chart Start-uppic3.0 Products and ServicesCompany Nameis a comfortable, inviting restaurant knowing to profit its customers feel at home. The dining side has a sizzling 48 gas powered grill and char boiler which will make all steaks to perfection.Company Name MenuThe following meals come with the customers choice of potato, baked, hash brown or fries. Meals also include a trip to the full salad bar any steaks are hand cut daily and charbroiled to perfection.SteaksChoice Sirloin 10 oz $13.75 House Sirloin 8 oz $12.50 fiddling Sirloin 6 oz $9.75 Beef Tips-grilled or hand dipped in batter-deep fried $12.50 Rib eye 12 oz. $16.25 Rib eye 10 oz $14.75 Steak and Shrimp6 oz sirloin steak with three deep fried shrimp $15.50Seafood rowboat dipped in batter and deep fried $15.75 4 Jumbo shrimp served with tater do or red sauce. $13.50 Cod (Torsk) $11.50 Chicken pc dinner. $11.50 pc dinner $13.50BasketsAll baskets served with fries or onion rings. Burgers are lb handmade served on toasted bun.Hamburger basket $7.50 Cheese burger basket.. $7.75 Burger basket served w/cheese, lettuce, onion, tomato $8.50 Chicken Strip (4 pc) basket $8.75 Chicken Drummies (6) basket $8.75 B filled Tip basket $9.25 Appetizer PlatterChicken drummies, Onion rings, Cheese sticks, Mushrooms, Mini Egg Rolls. Served with facing pagesDressing. $15.25BeveragesCoffee $1.00 Tea $1.00 Soda. $1.50 Milk $1.504.0 Market Analysis SummaryThe U.S. restaurant industry, which consist of fast food, casual dining and upscale chains, is facing its toughest stretch in three decades. This is due to declining thickening traffic, decli ning average check, and a decline in sales. To survive, restaurant operators will need to balance incentives and discounts with added value and smear enhancement.Steak restaurants comprise less than 5% of the total restaurant market. Service oriented steak houses have room to grow. fondness and potatoes are still what Americans want, and they want it with good service.Company Namewill focus on local residents and anyone passing by who wants to enjoy a good meal in a comfortable, friendly, down home atmosphere. Company Name intends to cater to a panoptic group of people. The Company wantseveryone to feel welcome and relaxed in a friendly atmosphere with a colossal menu selection. It is its goal to have the to the highest degree tender, tastiest steaks in the area.Company Namehas the services necessary to flourish within this industry. By delivering superior customer service, offering affordable prices and developing an outstanding reputation, Company Names potential is excellent .4.1 Market SegmentationIndividuals pass out to spend good money on meals or beverages want a variety of items to recognise from. Additionally, these individuals want to dine at an establishment with consistent business hours. Company Namewill be more than willing to offer that to all customers who walk into the business. The Company wants to create an environment that is fun, friendly and comfortable with prices that are very competitive. Customers are the first priority.Company Names market segmentation scheme is fairly straightforward and focuses on the target market, Dickey County, North Dakota residents. These customers prefer certain services and quality of food and its Companys duty to deliver on their expectations.The entropy contained in the market analysis table, displays Company Names main markets. All of Company Names clients will benefit from its delicious food, atmosphere and exceptional customer service.Table Market AnalysisMarket Analysis Year 1 Year 2 Yea r 3 Sales Food $259,480 $275,049 $291,552 dine Beverage $14,400 $15,264 $16,180 measurement Beverage $30,928 $32,784 $34,751 Total Sales $304,808 $323,096 $342,482 Direct be of Sales Year 1 Year 2 Year 3 Food $90,800 $96,248 $102,023 eat Beverage $1,440 $1,526 $1,618 Bar Beverage $9,588 $10,163 $10,773 Subtotal Direct Cost of Sales $101,828 $107,938 $114,414 Chart Sales monthlypicChart Sales by Yearpic6.5 MilestonesIn order to achieve the growth and marketing goals that have been muster in in this business plan, Company Namehas deadlines to beseeming and ideas toimplement. just about of these are outlined below1. Obtain grant funding in the amount of $350,000 to improve business 2. Acquisition of the property, contents and rights to the businessTable MilestonesMilestones Year 1 Year 2 Year 3 Owner/Manager $33,600 $34,272 $34,957 topic construct $16,800 $17,136 $17,479 Asst. Cook $7,776 $7,932 $8,090 Head Waiter $12,180 $12,424 $12,672 Waiter s $13,080 $13,342 $13,608 Bartenders $8,352 $8,519 $8,689 Dishwashers $6,264 $6,389 $6,517 Total People 14 14 14 Total payroll department $98,052 $100,013 $102,013 8.0 Financial PlanThe current financial plan for Company Nameis to obtain grant funding in the amount of $350,000. The grant will be used to get acquisition of the property, contents and rights to the business.The following sections of this plan will serve to call Company Names financial plan in more detail everyday Assumptions Break-even Analysis Profit and Loss Cash Flow Balance8.1 Start-up FundingCompany Names start-up costs are detailed in the Start-up Table. The following table shows how these start-up costs will be funded.Table Start-up FundingStart-up Funding Start-up Expenses to Fund $15,300 Start-up Assets to Fund $386,750 Total Funding Required $402,050 Assets Non-cash Assets from Start-up $386,750 Cash Requirements from Start-up $0 Additional Cash Raised $0 Cash Balance on starting tim e Date $0 Total Assets$386,750 Liabilities and jacket crown Liabilities on-going espousal $0 Long-term Liabilities $0 Accounts due (Outstanding criterions) $0 otherwise flowing Liabilities (interest-free) $0 Total Liabilities $0 Capital Planned Investment Owner $10,000 Outside Financing $350,000 Additional Investment Requirement $42,050 Total Planned Investment $402,050 Loss at Start-up (Start-up Expenses) ($15,300) Total Capital $386,750 Total Capital and Liabilities $386,750 Total Funding$402,050 8.2 Important AssumptionsThe table below presents the assumptions used in the financial calculations of this business plan.The average percent variable cost is estimated to be 33%. The estimated periodical fixed cost is $13,705.8.3 Break-even AnalysisFor the break-even analysis, the monthly revenue needed to break-even is $20,581. The break-even analysis has been calculated on the consume rate of the Company. Company Namefeels that this gives the investor a more accurate picture of the actual risk of the venture.Table Break-even AnalysisBreak-even Analysis monthly Revenue Break-even $20,581 Assumptions Average Percent Variable Cost 33% Estimated monthly Fixed Cost $13,705 Chart Break-even Analysispic8.4 Projected Profit and LossCompany Names Pro Forma Profit and Loss put inment was constructed from a conservative point-of-view, and is based in large part on past performance.The income for Year 1, Year 2 and Year 3 are $304,808, $323,096 and $342,482, respectively. The net profit for the same period is $26,961, $36,035 and $42,838, respectively. The percentages of the net profit sales for this period were 8.85%, 11.15% and 12.51%, respectively.Once the Company receives grant funding to add the new assets, the depreciation of the building will be over a 20 year period, while the equipment will be depreciated over a 7 year period.Table Profit and LossPro Forma Profit and Loss Year 1 Year 2 Year 3 Sales $304,808 $323,096 $342,482 Direct Cost of Sales $101,828 $107,938 $114,414 Other cost of Sales $0 $0 $0 Total Cost of Sales $101,828 $107,938 $114,414 Gross Margin $202,980 $215,159 $228,068 Gross Margin % 66.59% 66.59% 66.59% Expenses Payroll $98,052 $100,013 $102,013 Marketing/Promotion $6,250 $6,438 $6,631 wear and tear $12,045 $13,143 $13,143 Supplies $600 $618 $637 Utilities $8,400 $8,652 $8,912 Insurance $5,004 $5,004 $5,004 Maintenance $1,200 $1,236 $1,273 Office Expense $1,800 $1,854 $1,910 Payroll appraisees $9,805 $10,001 $10,201 Phone/TV/Internet $1,800 $1,854 $1,910 Propane $12,000 $12,360 $12,731 Property Tax $2,508 $2,508 $2,508 Acct Legal $5,000 $0 $0 Total operating(a) Expenses $164,464 $163,681 $166,871 Profit in the lead Interest and Taxes $38,516 $51,478 $61,197 EBITDA $50,561 $64,621 $74,340 InterestExpense $0 $0 $0 Taxes Incurred $11,555 $15,443 $18,359 clams Profit $26,961 $36,035 $42,838 Net Profit/Sales 8.85% 11.15% 12.51% Chart Profit monthlypicChart Profit YearlypicChart Gross Margin monthlypicChart Gross Margin Yearlypic8.5 Projected Cash FlowCompany Name is a start-up Company that has applied for a grant of $350,000. The Company forecasts that it will receive funding in the month of October. During this period, the Company will get acquisition of the property, contents and rights to the business.The following table displays Company Names cash flow, and the chart illustrates monthly cash flow in the first year. calendar monthly cash flowprojections are also included in the appendix.Table Cash FlowPro Forma Cash Flow Year 1 Year 2 Year 3 Cash accepted Cash from trading operations Cash Sales $304,808 $323,096 $342,482 Subtotal Cash from Operations $304,808 $323,096 $342,482 Additional Cash Received Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Lon g-term Liabilities $0 $0 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 New Investment Received$350,000 $0 $0 Subtotal Cash Received $654,808 $323,096 $342,482 Expenditures Year 1 Year 2 Year 3 Expenditures from Operations Cash Spending $98,052 $100,013 $102,013 Bill Payments $136,504 $176,166 $184,277 Subtotal spent on Operations $234,556 $276,179 $286,291 Additional Cash pass Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 Principal quittance of Current Borrowing $0 $0 $0 Other Liabilities Principal Repayment $0 $0 $0 Long-term Liabilities Principal Repayment $0 $0 $0 Purchase Other Current Assets $0 $0 $0 Purchase Long-term Assets $0 $0 $0 Dividends $0 $0$0 Subtotal Cash Spent $234,556 $276,179 $286,291 Net Cash Flow $420,252 $46,917 $56,192 Cash Balance $420,252 $467,170 $523,361 Chart Cashpic8.6 Projected Balance SheetCompany Names net worth is $763,711, $799,746 and $842,583, for Year 1, Year 2 and Yea r 3, respectively.Table Balance SheetPro Forma Balance Sheet Year 1 Year 2 Year 3 Assets Current Assets Cash $420,252 $467,170 $523,361 Inventory $10,924 $11,342 $12,023 Other Current Assets$30,950 $30,950 $30,950 Total Current Assets $462,126 $509,462 $566,334 Long-term Assets Long-term Assets $329,800 $329,800 $329,800 Accumulated disparagement $12,045 $25,188 $38,331 Total Long-term Assets $317,755 $304,612 $291,469 Total Assets $779,881 $814,074 $857,803 Table Balance Sheet (Continued)Liabilities and Capital Year 1 Year 2 Year 3 Current Liabilities Accounts Payable $16,170 $14,328 $15,219 Current Borrowing $0 $0 $0 Other Current Liabilities $0 $0 $0 Subtotal Current Liabilities $16,170 $14,328 $15,219 Long-term Liabilities$0 $0 $0 Total Liabilities $16,170 $14,328 $15,219 Paid-in Capital $752,050 $752,050 $752,050 Retained Earnings ($15,300) $11,661 $47,696 Earnings $26,961 $36,035 $42,838 Total Capital $763,711 $799,746 $842,583 Total Liabilities and Capital $779,881 $814,074 $857,803 Net Worth $763,711 $799,746 $842,583 8.7 Business RatiosThe table below presents ratios from the full-service restaurant markets as a reference.Table RatiosRatio Analysis Year 1 Year 2 Year 3 Industry Profile Sales result n.a. 6.00% 6.00% 1.65% Percent of Total Assets Inventory 1.40% 1.39% 1.40% 6.34% Other Current Assets 3.97% 3.80% 3.61% 43.25% Total Current Assets 59.26% 62.58% 66.02% 53.12% Long-term Assets 40.74% 37.42% 33.98% 46.88% Total Assets 100.00% 100.00% 100.00% 100.00% Current Liabilities 2.07% 1.76% 1.77% 25.40% Long-term Liabilities 0.00% 0.00% 0.00% 73.91% Total Liabilities 2.07% 1.76% 1.77% 99.31% Net Worth 97.93% 98.24% 98.23% 0.69% Percent of Sales Sales 100.00% 100.00% 100.00% 100.00% Gross Margin 66.59% 66.59% 66.59% 58.06% Selling, General Administrative Expenses 57.75% 55.44% 54.08% 23.02% Advertising Expenses 2.05% 1. 99% 1.94% 1.74% Profit Before Interest and Taxes 12.64% 15.93% 17.87% 6.52% Main Ratios Current 28.58 35.56 37.21 1.25 Quick 27.90 34.77 36.42 1.00 Total Debt to Total Assets 2.07% 1.76% 1.77% 99.31% Pre-tax Return on Net Worth 5.04% 6.44% 7.26% 4325.19% Pre-tax Return on Assets 4.94% 6.32% 7.13% 29.65% Table Ratios (Continued)Additional Ratios Year 1 Year 2 Year 3 Net Profit Margin 8.85% 11.15% 12.51% n.a Return on right 3.53% 4.51% 5.08% n.a Activity Ratios Inventory Turnover 10.09 9.70 9.79 n.a Accounts Payable Turnover 9.44 12.17 12.17 n.a Payment Days27 32 29 n.a Total Asset Turnover 0.39 0.40 0.40 n.a Debt Ratios Debt to Net Worth 0.02 0.02 0.02 n.a Current Lab. to Liab. 1.00 1.00 1.00 n.a Liquidity Ratios Net Working Capital $445,956 $495,134 $551,114 n.a Interest Coverage 0.00 0.00 0.00 n.a Additional Ratios Assets to Sales 2.56 2.52 2.50 n.a Current Debt/Total Assets 2% 2% 2% n.a virulent Test 27.90 34.77 36.42 n.a Sales/Net Worth 0.40 0.40 0.41 n.a Dividend Payout 0.00 0.00 0.00 n.a Table Sales ForecastSales Forecast month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12SalesFood$19,346 $19,733 $20,128 $20,531 $20,942 $21,361 $21,788 $22,224 $22,668 $23,121 $23,583 $24,055 Dining Beverage$1,000 $1,102 $1,124 $1,146 $1,169 $1,192 $1,216 $1,240 $1,265 $1,290 $1,316 $1,340 Bar Beverage$2,306 $2,352 $2,399 $2,447 $2,496 $2,546 $2,597 $2,649 $2,702 $2,756 $2,811 $2,867 Total Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Direct Cost of Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Food$5,705 $5,990 $6,290 $6,604 $6,934 $7,281 $7,645 $8,027 $8,428 $8,849 $9,291 $9,756 Dining Beverage$102 $105 $108 $111 $114 $117 $121 $125 $129 $133 $136 $139 Bar Beverage$602 $639 $664 $697 $732 $769 $807 $847 $889 $933 $980 $1,029 Subtotal Direct Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Table PersonnelPersonnel Plan Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Owner/Manager$2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 Head Cook$1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 Asst. Cook$648 $648 $648 $648 $648 $648 $648 $648 $648 $648 $648 $648 Head Waiter$1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 Waiters$1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 Bartenders$696 $696 $696 $696 $696 $696 $696 $696 $696 $696 $696 $696 Dishwashers$522 $522 $522 $522 $522 $522 $522 $522 $522 $522 $522 $522 Total People14 14 14 14 14 14 14 14 14 14 14 14 Total Payroll$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 Table Profit and Loss Pro Forma Profit and Loss Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Direct Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Other Costs of Sales$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Gross Margin$16,243 $16,453 $16,589 $16,712 $16,827 $16,932 $17,028 $17,114 $17,189 $17,252 $17,303 $17,338 Gross Margin %71.71% 70.96% 70.14% 69.28% 68.38% 67.46% 66.51% 65.54% 64.54% 63.50% 62.44% 61.35% ExpensesPayroll$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 Marketing/Promotion$750 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 Depreciation$0 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 Supplies$50 $50 $50 $50 $50 $ 50 $50 $50 $50 $50 $50 $50 Utilities$700 $700 $700 $700 $700 $700 $700 $700 $700 $700 $700 $700 Insurance$417 $417 $417 $417 $417 $417 $417 $417 $417 $417 $417 $417 Maintenance$100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Office Expense$cl $ one hundred fifty $ one hundred fifty $150 $150 $150 $150 $150 $150 $150 $150 $150 Payroll Taxes10% $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 Phone/TV/Internet$150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Propane$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Property Tax$209 $209 $209 $209 $209 $209 $209 $209 $209 $209 $209 $209 Acct Legal$5,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Operating Expenses$17,514 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 Profit Before Interest and Taxes($1,271)$3,094 $3,230 $3,353 $3,468 $3,573 $3,669 $3,755 $3,830 $3,893 $3,944$3,979 EBITDA($1,271)$4,189 $4,325 $4,448 $4,563 $4,668 $4,76 4 $4,850 $4,925 $4,988 $5,039 $5,074 Interest Expense$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Taxes Incurred($381)$928 $969 $1,006 $1,040 $1,072 $1,101 $1,126 $1,149 $1,168 $1,183 $1,194 Net Profit($890)$2,166 $2,261 $2,347 $2,428 $2,501 $2,568 $2,628 $2,681 $2,725 $2,761 $2,785 Net Profit/Sales-3.93% 9.34% 9.56% 9.73% 9.87% 9.96% 10.03% 10.07% 10.07% 10.03% 9.96% 9.86% Table Cash Flow Pro Forma Cash Flow Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Cash ReceivedCash from OperationsCash Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Subtotal Cash from Operations$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Additional Cash ReceivedSales Tax, VAT, HST/GST Received0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Current Borrowing$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Other Liabilities (interest-free)$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N ew Long-term Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Other Current Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Long-term Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Investment Received$350,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Received$372,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Table Cash Flow (Continued)Expenditures Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Expenditures from OperationsCash Spending$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 Bill Payments$299 $8,830 $5,065 $6,547 $12,875 $13,296 $13,734 $14,188 $14,661 $15,152 $15,663 $16,194 Subtotal Spent on Operations$8,470 $17,001 $13,236 $14,718 $21,046 $21,467 $21,905 $22,359 $22,832 $23,323 $23,834 $24,365 Additional CashSpentSales Tax, VAT, HST/GST Paid Out$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Principal Repayment of Current Borrowing$0 $0 $0 $ 0 $0 $0 $0 $0 $0 $0 $0 $0 Other Liabilities Principal Repayment$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Long-term Liabilities Principal Repayment$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Other Current Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Long-term Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Dividends$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Spent$8,470 $17,001 $13,236 $14,718 $21,046 $21,467 $21,905 $22,359 $22,832 $23,323 $23,834 $24,365 Net Cash Flow$364,182 $6,186 $10,415 $9,406 $3,561 $3,632 $3,696 $3,754 $3,803 $3,844 $3,876 $3,897 Cash Balance$364,182 $370,368 $380,783 $390,189 $393,750 $397,382 $401,078 $404,832 $408,635 $412,479 $416,355 $420,252 Table Balance Sheet Pro Forma Balance Sheet Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12AssetsStarting BalancesCurrent AssetsCash$0 $364,182 $370,368 $380,783 $390,189 $393,750 $397,382 $401,078 $404,832 $408,635 $412,479 $416,355 $420,252 Inventory$26,000 $19,5 91 $12,857 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Other Current Assets$30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 Total Current Assets$56,950 $414,723 $414,175 $418,795 $428,551 $432,480 $436,499 $440,601 $444,781 $449,031 $453,344 $457,712 $462,126 Long-term AssetsLong-term Assets$329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 Accumulated Depreciation$0 $0 $1,095 $2,190 $3,285 $4,380 $5,475 $6,570 $7,665 $8,760 $9,855 $10,950 $12,045 Total Long-term Assets$329,800 $329,800 $328,705 $327,610 $326,515 $325,420 $324,325 $323,230 $322,135 $321,040 $319,945 $318,850 $317,755 Total Assets$386,750 $744,523 $742,880 $746,405 $755,066 $757,900 $760,824 $763,831 $766,916 $770,071 $773,289 $776,562 $779,881 Table Balance Sheet (Continued)Liabilities and Capital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 M onth 10 Month 11 Month 12Current LiabilitiesAccounts Payable$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Current Borrowing$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Current Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Current Liabilities$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Long-term Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Liabilities$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Paid-in Capital$402,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 Retained Earnings($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)Earnings$0 ($890)$1,276 $3,537 $5,884 $8,311 $10,812 $13,381 $16,009 $18,690 $21,415 $24,176 $26,961 Total Capital$386,750 $735,860 $738,026 $740,287 $742,634 $745,061 $747,562 $750,131 $752,759 $755,440 $758,165 $760,926 $763,711 Total Liabilities and Capital$386,750 $744,523 $742,880 $746,405 $755,066 $757,900 $760,824 $763,831 $766,916 $770,071 $773,289 $776,562 $779,881 Net Worth$386,750 $735,860 $738,026 $740,287 $742,634 $745,061 $747,562 $750,131 $752,759 $755,440 $758,165 $760,926 $763,711 INFORMATION AND FORMS ARE PROVIDED AS IS WITHOUT each EXPRESS OR IMPLIED imprimatur OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY particular PURPOSE. IN NO event SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS, ETC., BE LIABLE FOR ANY insurance WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR tone ending OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF DOCSTOC HAS BEEN cognizant OF THE POSSIBILITY OF SUCH DAMAGES. They are for guidance and should be modified by you or your attorney to extend to your specific needs and the constabularys of your state or legal power. Use at your own risk. Docstoc is NOT providing legitimate or any other large-hearted of advice and is not creating or entering into anAttorney-Client relationship. The instruction, reports, and forms are not a championship for the advice of your own attorney. The law is a personal matter and no widely distributed study or forms or like the kind Docstoc provides can always correctly fit every circumstance.Note Carefully read and follow the Instructions and Comments contained in this archive for your customization to suit your specific circumstances and requirements. You will want to take the Instructions and Comments from open bracket () to close bracket () after reading and following them. You (or your attorney) whitethorn want to make additional modifications to meet your specific needs and the laws of your state. The Instructions and Comments are not a tack for the advice of your own attorney. Where within this document you see this symbol or an instruction states Insert any make sense you choose, or something similar, or in that respect is a blank for the user to complete, please take note that although Docstoc believes the information or number whitethorn be any that the user chooses, and that there is no law judicature what the information or number should be, you might want to verify this, including by consulting with your own attorney practicing in your state. Because the law is different from jurisdiction to jurisdiction and the laws are subject to change, Docstoc cannot tackleand disclaims all guaranteesthat it is correct for the information or number to be anything that the user chooses.The information, forms, instructions, tips, comments, decision tree alternatives and choices, reports, and services in and through Docstoc are not lawful advice, that are general information / forms on general issues often encountered designed to help Docstoc use rs, members, purchasers, and subscribers address their own needs. But information, including tips, general forms, instructions, comments, decision tree alternatives and choices, and reports, no matter how patently customized to conform to the laws and regulations applicable to you, is not the same as legal advice, which whitethorn be the specific use of laws and regulations by lawyers licence to utilization law in your state to the specific circumstances and needs of individuals and entities. Some states, counties, municipalities,and other governmental divisions, have highly specific laws and regulations, and our information / forms / reports may not take all those specific laws and regulations into consideration, although we tried to do so.Docstoc is not a law firm and the employees and contractors (including attorneys, if any) of Docstoc are not playacting as your attorneys, and none of them are a substitute for the advice of your own attorney accredited to practice law in y our state. The employees or contractors of Docstoc, who wrote or modified any form, instructions, tips, comments, decision tree alternatives and choices, and reports, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. Any such(prenominal) form, instruction, tips, comments, decision tree alternatives and choices, and reports were most likely NOT prepared or reviewed by an attorney licensed to practice law in your state, and, therefore, the employees or contractors could not provide you with legal advice even if they or Docstoc cherished to. Even though we take every reasonable effort to attempt to make sure our information / forms / reports are accurate, up to-date, and useful, we propose that you consult a lawyer licensed to practice law in your state if you want professional assurance that our information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports your interpreta tion of it or them and the information and commentary that you provide are take into account to your particular situation.Application of these general principles and wording to particular circumstances should be done by a lawyer who has consulted with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles and general wording, you might want to hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports, available on and through Docstoc are not legal advice and are not guaranteed to be correct, complete, accurate, or up-to-date. Because the law is different from jurisdiction to jurisdiction, they are subject to changes, and there are varying interpretations and applications by different courts and governmental and administrative bodies, and Docstoc cannot guaranteeand disclaims all guaranteesthat the information, forms, and reports on orthrough the site and services are completely current or accurate. Please further note that laws change and are regularly amended therefore, the provisions, names, and section numbers of statutes, codes, or regulations, and the types of permits or licenses within any forms or reports, may not be 100% correct, as they may be partially or wholly out of date and some relevant ones may have been omitted or misinterpreted.Docstoc is not permitted to require in the practice of law. Docstoc is prohibited from providing any kind of advice, explanation, opinion, or recommendation to a consumer about practical legal rights, remedies, defenses, options, selection, or completion of forms or strategies. Communications between you and Docstoc may be protected by our Privacy Policy (http//premium.docstoc.com/privacypolicy), but are NOT protected by the attorney-client privilege or devise product doctrine since Docstoc is not a law fir m and is not providing legal advice. No Docstoc employee, contractor, or attorney is authorized to provide you with any advice about what information (again, which includes forms) to use or how to use or complete it or them.Entire document copyright Docstoc, Inc., 2010 2013 All estimable ReservedINFORMATION AND FORMS ARE PROVIDED AS IS WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS, ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. They are for guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state or jurisdic tion. Use at your own risk. Docstoc is NOT providing legal or any other kind of advice and is not creating or entering into an Attorney-Client relationship. The information, reports, and forms are not a substitute for the advice of your own attorney. The law is a personal matter and no general information or forms or like the kind Docstoc provides can always correctly fit every circumstance.Note Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific circumstances and requirements. You will want to delete the Instructions and Comments from open bracket () to close bracket () after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the laws of your state. The Instructions and Comments are not a substitute for the advice of your own attorney. Where within this document you see this symbol or an instruction states Insert any number you choos e, or something similar, or there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by consulting with your own attorney practicing in your state. Because the law is different from jurisdiction to jurisdiction and the laws are subject to change, Docstoc cannot guaranteeand disclaims all guaranteesthat it is correct for the information or number to be anything that the user chooses.The information, forms, instructions, tips, comments, decision tree alternatives and choices, reports, and services in and through Docstoc are not legal advice, but are general information / forms on general issues often encountered designed to help Docstoc users, members, purchasers, and subscribers address their own needs. But information, including tips, general forms, instructions, comments, decisi on tree alternatives and choices, and reports, no matter how seemingly customized to conform to the laws and regulations applicable to you, is not the same as legal advice, which may be the specific application of laws and regulations by lawyers licensed to practice law in your state to the specific circumstances and needs of individuals and entities. Some states, counties, municipalities, and other governmental divisions, have highly specific laws and regulations, and our information / forms / reports may not take all those specific laws and regulations into consideration, although we tried to do so.Docstoc is not a law firm and the employees and contractors (includingattorneys, if any) of Docstoc are not acting as your attorneys, and none of them are a substitute for the advice of your own attorney licensed to practice law in your state. The employees or contractors of Docstoc, who wrote or modified any form, instructions, tips, comments, decision tree alternatives and choices, an d reports, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. Any such form, instruction, tips, comments, decision tree alternatives and choices, and reports were most likely NOT prepared or reviewed by an attorney licensed to practice law in your state, and, therefore, the employees or contractors could not provide you with legal advice even if they or Docstoc wanted to.Even though we take every reasonable effort to attempt to make sure our information / forms / reports are accurate, up to-date, and useful, we recommend that you consult a lawyer licensed to practice law in your state if you want professional assurance that our information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports your interpretation of it or them and the information and input that you provide are appropriate to your particular situation. Application of these general principles and wording to parti cular circumstances should be done by a lawyer who has consulted with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles and general wording, you might want to hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports, available on and through Docstoc are not legal advice and are not guaranteed to be correct, complete, accurate, or up-to-date. Because the law is different from jurisdiction to jurisdiction, they are subject to changes, and there are varying interpretations and applications by different courts and governmental and administrative bodies, and Docstoc cannot guaranteeand disclaims all guaranteesthat the information, forms, and reports on or through the site and services are completely current or accurate.Please further note that laws change and are regularly am ended therefore, the provisions, names, and section numbers of statutes, codes, or regulations, and the types of permits or licenses within any forms or reports, may not be 100% correct, as they may be partially or wholly out of date and somerelevant ones may have been omitted or misinterpreted. Docstoc is not permitted to engage in the practice of law. Docstoc is prohibited from providing any kind of advice, explanation, opinion, or recommendation to a consumer about possible legal rights, remedies, defenses, options, selection, or completion of forms or strategies. Communications between you and Docstoc may be protected by our Privacy Policy (http//premium.docstoc.com/privacypolicy), but are NOT protected by the attorney-client privilege or work product doctrine since Docstoc is not a law firm and is not providing legal advice. No Docstoc employee, contractor, or attorney is authorized to provide you with any advice about what information (again, which includes forms) to use or ho w to use or complete it or them.Entire document copyright Docstoc, Inc., 2010 2013 All Right Reserved Business Plan for Restaurant Bar and GrillThis Business Plan for a Bar and Grill Restaurant allows entrepreneurs or business owners to create a comprehensive and professional business plan. This scout form allows a business to outline the companys objectives and detail both current company information as well as any past performance. Companies should include a complete market analysis in their plan to help showcase why their business strategy will be effective in the market. Future company plans, including production targets, management strategy, and financial forecasting, should be used to demonstrate and confirm that the companys short-run and long-term objective can and will be met. This model plan can be customized to shell fit the unique needs of any entrepreneur or owner that is seeking to create a strong business plan.Business Plan for Restaurant Bar and GrillThis Busine ss Plan for a Bar and Grill Restaurant allows entrepreneurs or business owners to create a comprehensive and professional business plan. This template form allows a business to outline the company?s objectives and detail both currenpic?