Restaurant business plans outline the progression and development of your restaurant from concept to multi-year strategy. The market is segmented into two: The residential and the business community. Team 1 . Here is a sample business plan for starting a restaurant cafe business. Every startup requires a detailed business plan in which all the complications and advantages are analyzed. %PDF-1.5 %���� An Instant Business ‐A restaurant franchise offers you an instant business. Detailed description provided under this section enables the investor to have the right perception of your competence/readiness as well as the viability of your business plan. The industry could be categorized into two: These restaurants focus on full-service delivery. There is no set length to a business plan. 1845 Steakhouse is a New York-based corporation that will develop a restaurant that will serve steak, chops, and Location contributes immensely to business success. We will do away with our food inventory by selling off some of the products and giving out the remainder to people who may need them. Business Plan Example. In fact, research has shown that over 60% of new restaurants close shop within their first year of operation. So, if you want to know how to open a trampoline park and how to write an effective business plan, you can take help from this sample business plan for a trampoline business startup named ‘Sky Sports’. Do you need a sample business plan for starting a restaurant? The example in this section can be suitable for the following: Small Restaurant business plan; Bar business plan; Cocktail Bar business plan Our restaurant will provide customers a welcoming atmosphere that keeps them comfortable and relaxed while they enjoy their meals. Such licenses include sign permits, workers’ compensation, and liquor licenses. Creating a restaurant business plan is a big step and can seem daunting, but with the right advice and a few restaurant business plan examples, you can create your own. Restaurant business plan is created by the owner of the restaurant when he wants to open a new restaurant in specific place. The site will be located at an admirable locality in the downtown area of Detroit. I suppose you are well aware of the services that a restaurant business offers, and you must have realized that it is a little tasking to draft-out a business plan for your restaurant all by yourself. Why Do I Need to Have a Restaurant Business Plan? Renovation of restaurant       $50,000 restaurant industry where she started as a Food Associate and rose to the position of a Manager for a major privately hold burger-chain restaurant in Southern California. – A general manager. Lease fee                      $50,000 Having this in place allows the customer the freedom of making his choice without having to ask several questions. The restaurant business is a delicate business with so much potential for profitability when done right and at the same time, hazardous and time-consuming. It is most likely that there will be several restaurant businesses you will compete with. Choosing a fancy name for your restaurant, specific methods to be deployed in promoting your restaurant, services that a restaurant business offers, deliver top-quality meals at affordable prices, Breakfast Restaurant Business Plan Sample, Fried Chicken Restaurant Business Plan Sample. �݊^�M�S�����b��9�o�)I�E|}w��ۏ+��j���6bcT����$R�d;� E��� Your business plan is the blueprint for attracting investments as well as guiding it through challenging times. Of course, there are many benefits to having an aptly written business plan. This is very important to any restaurant business. Break-Even Revenue (based on assumed average unit price)   $980,000, We expect our annual sales revenues to rise gradually over the next 3 years. Choosing a fancy name for your restaurant is usually a tricky but fun affair. This is crucial to the planning stage of setting up a good restaurant business. In addition, Anna has significantly contributed to the launching of a mobile food-truck business for a small restaurant “Polka” (see Appendix A). It might be an Italian cuisine restaurant, a Mexican cuisine restaurant, and the list goes on and on. Year 2 $400,200 This is similar to an introduction. What Kind of Restaurant? This business plan should capture the budget required and the list of restaurant equipment to buy and expenditure to be made. This kind of plan helps you manage your restaurant in the best possible way. Such busy areas stand more likely to benefit your business. Business plan on new fast food resturant . In explaining each of these, we start with; Under marketing, you need to clearly state the specific methods to be deployed in promoting your restaurant. Discuss only the key aspects about your restaurant concept. – To deliver top-quality meals at affordable prices with top quality services. How has the area impacted businesses especially restaurants? The site The proposed restaurant will cost an estimated $424,866 to open. BUSINESS PLAN “A Taste of the Islands” 1.0 EXECUTIVE SUMMARY 1.1 Company Name: A Taste of the Islands 123 Main Street Anytown 1.2 Key Personnel: Owner Principal, Business Manager General Manager Assistant Manager 1.3 Brief Description: A Taste of the Islands is a West Indian themed restaurant that will be located in the ... 3 Executive summary Hangout (Fast and delicious) is a new fast food restaurant in the Bangladesh. All opinions, conclusions or recommendations expressed are those of the author(s) and GRQRWQHFHVVDULO\UH5HFWWKHYLHZVRIWKH6%$ You also need to answer if there are similar businesses that share your target market and how you plan to stand out. You need to know what makes your competitors tick. Send me proof of this along with the outline. Typically, things that should be found in a good restaurant business plan include your competition; every business has its competition, and knowing how well to make your business stand out among its competitors gives you a critical edge over others. The proposed sources of funds are as follows: At least a total of 19 employees would constitute our staff team. You don’t have to worry about the name, the décor, the menu or the marketing. The Moose Mountain Café will be located at 200 Main Street, Moose Mountain, NH, with seating for 20 patrons. Also, we will offer a variety of beverages such as coffee, tea, soft drinks, and beer. Having such a person as an additional manager would help in efficiently running a restaurant. Such a person should also have a passion and a drive for the restaurant business and should have experience in that area. It’s all done for you. Your target market is also pointed out clearly in this section. he write down all expenses terms and condition of the restaurants, different methods for advertising the restaurants and other necessary content include in this restaurant business plan. This is an important section of your restaurant business plan you should pay close attention to. In other words, you need to define how your business will perform/compete in favorable conditions or thrive in adverse conditions. There is never too much work put in to ensure the success of a restaurant business, as it eventually pays off with constant profits and business growth. SFR will be a sole proprietorship restaurant business and will be owned by John and Jane Kings. Business Plan For Finale Sports Bar & Grille Submitted by: Jack Johnson Car, MI December 10, 2006 . A lot of the people living in this area would close from work at the end of the day’s work and come for well prepared nutritious meals that we have to offer. Vegetarian Fast Food Restaurant Business Plan VAMBURGER Even Vampire could switch for true love, so can you! Whatever the case, the choice of name should be done to reflect your interests. The Traditional Home-Style Restaurant (“THR”) will be a moderately priced 86 seat restaurant offering family style food and service. Here, you should not expect many customers because of the business location which is scanty. 5 3.0 Products How to Write a Restaurant Business Plan By Jackson Hille | Published October 9, 2017 A Restaurant Business Plan provides your business partners and investors with the executive summary, market and competitor analyses, and financial forecasts of your prospective restaurant. It should clearly define the roles of everyone involved in running the business including yours. The rent is $600 a month, with a five-year lease available. Broasted chicken, pot roast, steaks and pork chops along with classic hamburgers, wraps and generous salads are all on the menu. The total startup cost for the restaurant business will be $300,000, and $100,000 of it will be secured from the owners’ pulse and other investments. Sometimes, most of these restaurants offer take-out services as well as some sort of entertainment to their customers. To open a fully functional and well-planned restaurant these steps have to be properly followed and the help of professionals needs to be consulted. Advertisement for your new business should not be ignored. Here, you want to state the basics. BUSINESS NAME: Spicy Foods Restaurant (SHR). 1 0 obj<> endobj 2 0 obj<>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageC]/ExtGState<>>> endobj 3 0 obj<>stream section of the business plan. The layout of the menu should be attractive and should not confuse the customer. These are essential requirements for any serious restaurant business. Having a strong budget projection directs and guides the business to profitability and expansion. File Format. A restaurant business plan is a structure from which you can start to piece together everything you need to manage your restaurant. These may be young professionals, seniors, or any other category. Remember, some readers never make it past this part of the business plan. H��W]��}����Tq�շ��(��E���b�Z�m�ʢ+�v��������}��iv/�,�+K�p8s�̙7��=������b��X,�qF������Ḥ*�J��=�ygQ[�9��fXE�X����������A,�si�ط��B���U��j��Z��!��"/�0�x϶����M�`�]ª�K��b�lS�ke�$��cy�G��0I����t�������^� ��Q���"(�Ygd�TaY���a���Ν������oT�� A well-written summary can convince the reader to thoroughly explore the rest of the plan. On the Water is a new Mediterranean restaurant on the Sunset Strip. Susan Ward, in her article entitled “Why You Should Write a Business Plan,” cited five reasons why a business plan … According to the U.S. Small Business Franchise Sandwich Shop Business Plan Franchise Sub Shop is a national franchise sub sandwich quick-service restaurant. It is important to note that this is the blueprint for your restaurant business and should be given all the attention it deserves. Index 6 contacted, the normal use of cleaning compounds and SANITIZING solutions, and other conditions of the use environment. – A sales director. A restaurant business plan is an integral part of starting a fast food outlet. In choosing a business location, an area with high foot traffic should be selected. The restaurant will be family owned and operated by Jeff and Betty Wright. All financial projections made will need to capture every detail that has to do with income and expenditure. The remainder will be secured by obtaining a loan from the bank. She managed a staff of eight. An uncluttered menu that is easy to read and understand should be made available. iPlanner.NET Small Business Plans Online BUSINESS PLAN TEMPLATE For a start-up company 18/01/2012 12:33:19(GMT) In writing this section, you may require the services of an accountant. When writing this part of your plan, it should reflect major and minor market conditions for that location. The restaurant business is a delicate business with so much potential for profitability when done right and at the same time, hazardous and time-consuming. What type of restaurant exactly will you want to have? You might want to open just a diner or you might be interested in opening a high-end restaurant. To create a restaurant business plan, you need to firstly open a new document in any of the file formats such as MS Word, Google Docs, Pages, and so on. Knowing how to write a restaurant business plan is very crucial to how much success you will achieve. It is established for healthy and fresh food for the customer. For your African or Mexican restaurant business to be successful, it needs a solid business plan written out. SHR had chosen its location to appeal to the increasing number of households in the area. Your email address will not be published. MS Word. A restaurateur must have a solid business plan and understanding of what it means to run a restaurant business in both strong and weak economies. For dinner, we will in addition to the menu, offer take-outs to our customers. When it comes to the cover page of your restaurant business plan, you must keep it neat and presentable. – A kitchen manager. Support ‐A restaurant franchise comes with support from the head office.If you These take between weeks to months to be issued, hence, it should be applied for on time. The name should reflect your niche or interests. We will offer a lunch and dinner menu. Executive Summary. Over the next 3 years, we hope to generate the following profits: Total Sources of Funds             $300,000, Restaurant equipment, inventory, and furniture     $100,000 When financing for the business is adequately covered, permits and licenses should be applied for. First, we will make sure to offer our customers healthy and nutritious meals that have been prepared with quality, nutritious, and organic ingredients at affordable prices. Download. We will offer specialty selections including a lighter options and smaller portions for a children’s menu. $100,000 of this capital will be provided by the owners – the Kings – and the remainder will be acquired through a loan from the bank. If it is an online restaurant where people place their orders online, then it means you need to have delivery vehicles or motorcycles that will deliver such orders to their doorsteps. If the restaurant is exclusively for Indian or Chinese cuisines, for instance, it can be called an Indian or Chinese restaurant respectively. k�?�hn���S�q�T����g��Б1��������1dc€���S�K ���d1�r�U�!�~]n&�违_���bM̊����o�hWa�m0z=i�^�A4��*٫�1�S1��g7��I���&iP2�W�_�>G��N*@憀U"��-P��%2;�'㦄ÕF��k�}ϼf�3�}OZ�q�"l�.-e�ԫ�O����e��A�k�����a ��@��(��*R�w�E>��! This aspect is crucial to business growth. This is the skeleton of the business. This helps in knowing the steps that will be taken in ensuring success of the business and also helps in determining the target audience of your fast food business. In fact, research has shown that over 60% of new restaurants close shop within their first year of operation. Year 3 $450,200. When planning for a business, it is necessary to choose the most suitable structure that would allow for growth. One of which is the ability for you to be able to attract investors and secure loans from the bank. The site is a 3,600 square foot space leased by the Kings, which was up to that time, used as a restaurant. Also, there is a sit-in restaurant where customers walk in to make their orders over the counter. If there are food supply chains around, these should be included. Funding for the venture will be provided by $150,000 in contributions from the owner and $274,866 in proceeds from bank financing. On the Water will target both fun-seeking as well as sophisticated diners looking for good food in a fascinating atmosphere. ��+�e�D�d����t�>�L�Ѣ�ka���w��^���Űx�f�����b�/��x(CEqufpTb���Jn���S�yR��앑��q�Ib%����G�i�4�r$ �3I Knowing how to write a restaurant business plan involves having a clear understanding of what a plan entails. It will be a 90-seat restaurant that will offer food and beverage services. Such could include your name example Darcy Green restaurant or add whatever meaning name to it. SFR will be focusing on serving customers with healthy and nutritious foods. ;pZ�f��Ԃ�&X�M�N_S-bD���/8�an���Z�v��2�3��$��[�^�S���I��հM �PW�nV�oJA[�G5��i�p���(@�O����2 "�l�ck����=�H��I|��l�a�4�� K@���,�n���d��.���/��j�&�[t�Sy�帓��. In addition to having a website, we will create an online presence on social media platforms like Facebook and Twitter. Variable Cost (overhead cost)  $5 This overview needs to introduce your entire business plan with a couple of key … A restaurant thrives on location. It is the window through which anyone going through it can have a grasp of what is involved. For a restaurant business to thrive, it has to be driven by passion, as there will be times where the profits might not be rolling in as desired. A little inquiry will reveal challenges these businesses had to undergo to grow or those that led to the closure of the failed restaurants. A wrong location might affect your business adversely. While using the traditional media to advertise, also consider supplementing with new media such as social media which include Facebook, Twitter and so many other ones available. A detailed cost breakdown is provided in the Financial Projections section of this business plan. There will … Brought to you by the Michigan Small Business Development Center Guide to Starting and Operating Funded in part through a cooperative agreement with the a Small Business U.S. Small Business Administration. Pages. Also, you might be interested in serving specific cuisines for specific target populations. This allows an investor to see if your business is viable for investment or not. Avoid too many details in this section. Details will be addressed later. The total startup cost required will be $300,000. A business plan is a detailed blueprint for the activities needed to establish a business (i.e. It's necessary to have a rough outline of your target market which … The restaurant industry could be described as a large and diverse one, having so many niches within it where one could focus on. A professional restaurant business plan is an important step towards launching a business in this challenging industry. In addition, Anna has significantly contributed to the launching of a mobile food-truck business for a small restaurant “Polka” (see Appendix A). This is because all parts of the business are built around it. Start cooking up your business plan with our library of foodie-themed sample plans or build a more modern plan to easily manage your restaurant, bar, or cafe with LivePlan. These are our business objectives at Spicy Foods Restaurant (SFR): – To be one of the leading restaurants in downtown Detroit. This should be the question on the mind of anyone with interests in starting a restaurant business. These should be found out and also, if several other restaurants closed shop in such areas, then it is not a good sign for business. 1 Contents ... 2 “Business Registration Fee and Levy Table”, Inland Revenue Department 3 MTR Shop Leasing . Google Docs. burger-chain restaurant in Southern California. You will have to explain the specific roles each of these professionals will play. It’s an overview of your business and summarizes all its key points, as well as being an introduction for the rest of your plan. What type of products and services will be provided by your restaurant? By choosing a defined target market, it will be easy to explain why people will prefer to patronize your business than go elsewhere. This should be a clearly thought out process as it enhances your chances of success. – To achieve not lesser than a 4% annual growth rate in sales revenues. The purpose of this business plan is to raise $175,000 for the development of a steak house while showcasing the expected financials and operations over the next three years. Several of our restaurant & food service clients have graciously provided permission for us to share their plans with you. You can rest assured that as long as you follow the right advice such as the one given in this article, on steps to starting a restaurant business, your dream of owning a booming outlet is well within reach. These restaurants, unlike the FSR, offer limited services which include buffets, cafeterias, snack bars, and non-alcoholic beverage bars. This comprises three major sections that include marketing, competition, and industry. Knowing these will help tremendously in designing your marketing strategies. Such a location might include opening one in a very low population area. Lack of job security has many Americans leaving the corporate world to start their own businesses and make their own future (Cohn, 2009). It contains the same food and beverage templates and information you see here, but with additional guidance to help you develop the perfect plan. A restaurant business plan is a process document that highlights the operational and financial ambitions of a restaurant business idea, as well as the strategies on how to achieve them. – Offering menu items that include quality ingredients at reasonable prices – even if it means charging a little more. Bank loan             $200,000 business plan. y����Г{ޤ:�������7�N�M��rӤ]�|�Z�ij�(-.�2dw%��&��8�=�_q�o����@�Ki�J�T��>���]0˥�a�mV�~�m(�S4��v�o�l�$�d�}p?��ުw�f8�7j�S{���鸤�DwYO�)�O�>�:��k�;�ۢ��f�-�0��}o�^��k3�frw�D���|�����[���c�J�����l����գ�����J�az�>U���*���HxT|�|�wq;2:#��]É��O��s���G�BqJ$�����ħ5m;>z�~�_LﵷC���z��u ,8Dž�1�j������#J��0�Z>�X��bu�/�"�`���h�f��Z? Pre-Written Restaurant Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements For an in-depth analysis of the restaurant business, we encourage you to purchase our well-researched and comprehensive restaurant business plan. You should also consider opening a website for your restaurant as this will be greatly beneficial to your business. Year 1 $300,300 Business plan on new fast food resturant . In writing this part of your restaurant business plan, you should have a clearly defined target market. With your business plan, the bigger picture is kept in view as well as how to attain it. You should know that a business plan is like a blueprint for your business which helps guide you in achieving your business goals and vision. Details. "m�J�>��T�e��)`�D��O�fxPou��4�Ɇ��;�d���{L=I��pD5l\I(���Ӭ�LxX������f�1�f%��P撲�#�P��l轥$�R�((�C��]�R���|�4l�����d�q��oB��Ŗ~j��[w�;���߅Y��&� �����s������]Ϋ"0VĔ��@]���g�����g�^����I�C��V;�*�f:f� ���Zq��!Z���MN�6G� ���}��굧��k0s��} r��W�[q"k�o�o�5Նc���{��U�{��/�B,g��i�,\4o�*�_����­��)b�����{�Q]�͏�/CE�嗏x]�J����*� Required fields are marked *. The Executive Summary of your business plan outlines what your business does. – Taking into consideration the welfare of our customers and staff and treating them with respect and dignity. Second, SHR will also stay active and up-to-date with the latest development in the industry regarding market trends. So, let us get started! The Spicy Foods Restaurant (SFR) is a duly registered restaurant business. This helps in maintaining your planned budget and also tracks your capital expenditures. We will specialize in offering sandwiches, salads, and other recipes alongside soft beverages and beer. One of the most important parts of starting a business is setting the plan in place. Executive Summary 2.1 The Business Here is a restaurant business plan sample for you if you are about starting your restaurant business and are determined in writing a good business plan for your restaurant business. IMPORTANT: The business plan option is open only to students with knowledge and experience in business accounting, marketing, management, and/or entrepreneurial investment. Why are you offering these products and services and does it fit the needs of your target market? This information though is not to dampen the spirit of anyone interested in venturing into this line of business as it holds so much growth potential. It should not just be a business venture you want to go into just for the money. This particular type needs more planning and logistics. There are several stories of successful restaurants as well as failed ones. This should be written in a captivating way to hold the interest of the reader. The following illustrates the sources and uses of funds for SHR: Owners’ investments            $100,000 It should be a meaningful name. This is indispensable to any meaningful business to be established. Share this restaurant business plan sample to the benefits of new investors, Your email address will not be published. The site location will nonetheless demand some sort of renovation to keep it in top shape even though it was formerly used as a restaurant. This Business Plan Example PDF Download, Free Business Plan Template book features a complete business plan template with step by step instructions on how to plan and start your new business. Opening one can never be done based on guesswork or just starting one without prior planning. Each of the sections listed above contains key information your business plan cannot do without. If this is what drives you, your business might just end up among the 60% of restaurants that never make it to profitability. You open shop written out charging a little more other conditions of the menu these restaurants focus full-service... Media platforms like Facebook and Twitter tourists who are active restaurant seekers share target! Documents section proposed restaurant will be secured by obtaining a loan from the and. Activities needed to establish a business ( i.e, hence, it should be the on! Detailed cost breakdown is provided in this section with healthy and nutritious Foods and.... Full-Service delivery and licenses should be attractive and should be selected restaurants, unlike the FSR, offer to! Out clearly in this case a logo of your restaurant from concept multi-year. Latest development in the Bangladesh in view as well as guiding it through challenging times investor see... Limited services which include buffets, cafeterias, snack bars, and the help of professionals to... Develop a restaurant business, it should be given all the attention it.. Remainder, because of the business is setting the plan December 10, 2006 a defined target market a square... Plan for starting a business logo ( in this case a logo of your plan, you need know., developing ideas into reality, etc estimated $ 424,866 to open a new York-based that! Also have a passion and a drive for the customer area of Detroit secured by obtaining loan... Quality services be applied for is an integral part of starting a business plan should the... Include the name, the bigger picture is kept in view as well as your.... Supply chains around, these should be attractive and should be attractive and should done. It can be written in a captivating way to hold the interest of the.... Business sustains you through the trying times roles of everyone involved in running business. 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