Business Plan Bar & Grill Essay

This is a seam plan. It does non imply an offering of securities.1.0 Executive compendious1graph Highlights21.1 Objectives21.2 Mission21.3 Keys to Success22.0 Comp either Summary32.1 Company Ownership32.2 Start-up Summary4 slacken Start-up43.0 Products and redevelopments54.0 Market summary Summary64.1 Market Segmentation6 evade Market summary7graph Market abridgment (Pie)74.2 Target Market Segment Strategy74.3 Service Business Analysis84.3.1 Competition and Buying Patterns95.0 Web Plan Summary95.1 Website Marketing Strategy95.2 Development Requirements96.0 Strategy and Implementation Summary96.1 pulverization Analysis106.1.1 Strengths106.1.2 Weaknesses106.1.3 Opportunities106.1.4 Threats106.2 Competitive Edge106.3 Marketing Strategy116.4 gross sales Strategy116.4.1 gross revenue Forecast12Table gross sales Forecast12graph gross revenue monthly13Chart gross revenue by class136.5 Milestones14Table Milestones147.0 Management Summary147.1 Personnel Plan14Table Personnel158.0 F inancial Plan158.1 Start-up documentation16Table Start-up Funding168.2 Important Assumptions178.3 Break-even Analysis17Table Break-even Analysis17Chart Break-even Analysis178.4 communicate turn a pro hit and passing18Table earn and vent18Chart meshing calendar monthly19Chart Profit gradely19Chart gain Margin monthly20Chart sodding(a) Margin twelvemonthly208.5 communicate hard maintains Flow21Table coin Flow21Chart notes228.6 Projected Balance winding-clothes23Table Balance plane238.7 Business Ratios25Table Ratios25Table gross sales Forecast1Table Personnel1Table Profit and inadequacy2Table gold Flow3Table Balance Sheet51.0 Executive SummaryCompany NameContact Name localize Phone XXX-XXX-XXXX anticipate languageCity, State ZIPEmail Email AddressIntroductionThe long-term goal of Company Name is to serve part intellectual nourishment, have outstanding node service and run and maintain a cost efficient base without sacrificing quality. Company Nameserves high qu ality fare and beverages in an inviting and warm atmosphere at reasonable prices. Company Name is expanding its expo sealed by means of effective marketing as well as introducing the area to market segments that have not yet discovered the Company.LocationCompany Nameis headquartered in Dwight, North Dakota which is located in Dickey County. The Company Name depart be located on the site of the trustworthy 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 among Ellendale and Oakes, ND.The CompanyCompany Nameis a steakhouse archetype which pass on offer a comfor prorogue, in trendal atmosphere. The Companys causeer is Name, who established the restaurant as a Limited Liability Corporation. Name has 15 years of industry escort as a bartender and 8 years of experience as a cook. Company Name will be plainspoken 5 eld per week. Serving dinner Tuesday-Wednesday from 500 pm to 1000 pm on thorium Saturday dinner served from 500 pm to 1100 pm. Furthermore, the restaurant will be open one (1) sunshine a calendar month on trial basis. Lunch will be served from 1100 am to 200 pm. The restaurant will also be set-up as an all you can eat buffet tendency restaurant.Our ServicesCompany Names placard will feature char broiled steaks, chicken, shrimp, burgers and a variety of basket viandss along with episodic weekend specials of prime rib and barbecued ribs. drinkings will include motley beers, cocktails and non-alcoholic beverages.The MarketCompany Name will topical anaestheticize on local residents and anyone passing by who deficiencys to enjoy a good meal in a comfor control board, friendly, down office atmosphere. Company Names market segmentation scheme is evenhandedly straightforward and focuses on the mug market, Dickey County, North Dakota residents. These customers prefer certain work and quality of food and i ts the Companys duty to deliver on their expectations.Financial ConsiderationsThe rate of flow financial plan for Company Name is to obtain grant keep in the amount of $350,000. The grant will be used to get acquisition of the property, contents and rights to the telephone circuit.Chart Highlightspic1.1 ObjectivesCompany Namehas three main purposes 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 are 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 Co mpany 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 Thursday Saturday dinner served from 500 pm to 1100 pm. Furthermor e, 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 also be set-up as an all you can eat buffet style restaurant. Company Namewill be closed on advanced twelvemonths Day, Thanksgiving Day and Christmas Day. The lounge will be open Tuesday Saturday from 500 pm to 100 am. The rest of task structure has not been determine as of get word. There will be an police forceyer and accountant determined at a later on date.2.1 Company OwnershipCompany Nameis a Limited Liability Corporation. The owner of the start-up restaurant is Name, who has coulomb% ownership of the business.2.2 Start-up SummaryThe followers table and chart shows the start-up costs for Company Name, LLCTable Start-upStart-up Requirements Start-up Expenses Software ( salute/Inventory Control) $ calciferol Liquor/ nutriment License (State/County) $1,800 Inspections $1,000 Supplies $2,500 Utilities Deposit $1,500 Legal & Accounting fees $5,000 Propane Tank & 1st Fill $3,000 summate Start-up Expenses $15,300 Start-up Assets Cash indispensable $0 Start-up Inventory $26,000 former(a) authoritative Assets $30,950 long-term Assets $329,800 natural Assets $386,750 innate Requirements $402,050 Chart Start-uppic3.0 Products and ServicesCompany Nameis a comfortable, inviting restaurant designed to make 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 all(prenominal) steaks are hand cut daily and charbroiled to perfection.SteaksChoice Sirloin 10 oz $13.75 House Sirloin 8 oz $12.50 Petite Sirloin 6 oz $9.75 Beef Tips-grilled or hand dipped in batter- turbid hot up $12.50 Rib eye 12 oz. $16.25 Rib eye 10 oz $14.75 Steak and Shrimp6 oz sirloin s teak with three deep fried shrimp $15.50SeafoodWalleye dipped in batter and deep fried $15.75 4 large shrimp served with tater sauce 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 give up burger basket.. $7.75 Burger basket served w/cheese, lettuce, onion, tomato $8.50 Chicken stripper (4 pc) basket $8.75 Chicken Drummies (6) basket $8.75 Breaded Tip basket $9.25 Appetizer PlatterChicken drummies, Onion rings, Cheese sticks, Mushrooms, Mini Egg Rolls. Served with RanchDressing. $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 guest traffic, declining average check, and a decline in sales. To survive, restaurant oper ators will admit to balance incentives and discounts with added value and brand enhancement.Steak restaurants comprise less than 5% of the total restaurant market. Service lie steak houses have room to grow. Meat 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 wide group of people. The Company wantseveryone to feel welcome and relaxed in a friendly atmosphere with a large menu selection. It is its goal to have the most tender, tastiest steaks in the area.Company Namehas the services incumbent 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 going out to spend good money on meals or beverages want a variety of items to choose 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 info 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 Year 3 gross sales Food $259,480 $275,049 $291,552 eat Beverage $14,400 $15,264 $16,180 Bar Beverage $30,92 8 $32,784 $34,751 Total sales $304,808 $323,096 $342,482 Direct Cost of Sales Year 1 Year 2 Year 3 Food $90,800 $96,248 $102,023 Dining 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 outline in this business plan, Company Namehas deadlines to meet and ideas toimplement. Some of these are outlined to a lower place1. 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 Head Cook $16,800 $17,136 $17,479 Asst. Cook $7,776 $7,932 $8,090 Head host $12,180 $12,424 $12,672 Waiters $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 T otal payroll $98,052 $ hundred,013 $102,013 8.0 Financial PlanThe up-to-date 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 describe Company Names financial plan in more detail General 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 Date $0 Total Assets$386,750 Liabilities and Capital Liabilities period acceptation $0 Long-term Liabilities $ 0 Accounts Payable (Outstanding Bills) $0 another(prenominal) actual Liabilities (interest-free) $0 Total Liabilities $0 Capital Planned investment funds 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 monthly 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 burn 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 calendar monthly Revenue Break-even $20,581 Assumptions Average Percent Variable Cost 33% Estimated calendar monthly dictated Cost $13,705 Chart Break-even Analysispic8.4 Projected Profit and LossCompany Names Pro Forma Profit and Loss evincement was constructed from a conservative point-of-view, and is based in large part on prehistorical performance.The income for Year 1, Year 2 and Year 3 are $304,808, $323,096 and $342,482, respectively. The boodle 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 gets grant funding to add the new assets, the dispraise 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 s 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 Depreciation $12,045 $13,143 $13,143 Supplies $600 $618 $637 Utilities $8,400 $8,652 $8,912 Insurance $5,004 $5,004 $5,004 chief(prenominal)tenance $1,200 $1,236 $1,273 state of affairs Expense $1,800 $1,854 $1,910 Payroll Taxes $9,805 $10,001 $10,201 Phone/TV/ net $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 Expenses $164,464 $163,681 $166,871 Profit earlier 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 Net Profit $26,961 $36,035 $42,838 Net Profit/Sales 8.85% 11.15% 12.51% Chart Profit calendar monthlypicChart Profit YearlypicChar t Gross Margin calendar 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 have Sales Tax, VAT, HST/GST Received $0 $0 $0 New live Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-te rm 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 defrayments $136,504 $176,166 $184,277 Subtotal pass on Operations $234,556 $276,179 $286,291 Additional Cash Spent Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 genius Repayment 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 Year 3, respectively.Table Balance SheetPro Forma Balance Sheet Year 1 Year 2 Yea r 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 Depreciation $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 meshing ($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 Growth 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 Equity 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 Acid 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 LossPro Forma Profit and Loss Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Mon th 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 $7 00 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 $150 $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 $4,764 $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 New 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-ter m 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 $19,591 $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 Month 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 either EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF 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This template 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, vigilance strategy, and financial forecasting, should be used to demonstrate and confirm that the companys short-term and long-term objective can and will be met. This model plan can be customized to best fit the incomparable needs of any entrepreneur or owner that is seeking to create a strong business plan.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 template form allows a business to outline the company?s objectives and detail both currenpic?