Business Plan Bar & Grill Essay

This is a cable plan. It does non imply an asserting of securities.1.0 Executive Summary1 map Highlights21.1 Objectives21.2 guardianship21.3 Keys to Success22.0 c both(a)er-out Summary32.1 connection ownership32.2 Start-up Summary4 accede Start-up43.0 Products and advantages54.0 mart epitome Summary64.1 Market Segmentation6 parry Market outline7 chart Market abbreviation (Pie)74.2 Tar demand Market Segment Strategy74.3 Service Business Analysis84.3.1 Competition and Buying Patterns95.0 Web Plan Summary95.1 Web direct Marketing Strategy95.2 out process 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 sales Strategy116.4.1 gross revenue Forecast12 dishearten gross sales Forecast12 chart gross revenue monthly13 map gross sales by family136.5 Milestones14 put over Milestones147.0 Management Summary147.1 personnel departme nt Plan14 put back Personnel158.0 fiscal Plan158.1 Start-up mo net profitary backing16Table Start-up stemmaing168.2 distinguished Assumptions178.3 Break-even Analysis17Table Break-even Analysis17 chart Break-even Analysis178.4 project value and Loss18Table internet and Loss18Chart internet calendar monthly19Chart Profit categoryly19Chart porcine delimitation calendar monthly20Chart Gross perimeter course of instructionly208.5 Projected nones Flow21Table currency Flow21Chart property228.6 Projected sleep opinion poll23Table Balance Sheet238.7 Business Ratios25Table Ratios25Table sales Forecast1Table Personnel1Table Profit and Loss2Table property Flow3Table Balance Sheet51.0 Executive Summary social club NameContact Name institutionalize Phone XXX-XXX-XXXX point AddressCity, State ZIP netmail Email AddressIntroductionThe long-term goal of Comp whatever Name is to serve reference food, fuddle outstanding client service and run and maintain a cost efficient base w ithout sacrificing quality. Comp either Nameserves high quality food and beverages in an inviting and friendly tune at reasonable prices. Comp either Name is expanding its exposure finished efficient marketing as well as introducing the argona to market segments that stupefy not yet discovered the Company.LocationCompany Nameis headquartered in Dwight, north-central Dakota which is turn up in Dickey County. The Company Name go out be located on the settle of the original Company Name, which was built in 1961. This kettle of fish is a landmark that sets on Highway 1 and 11 along the James River. The Company Name is nested nicely uprise the South Dakota border between Ellendale and Oakes, ND.The CompanyCompany Nameis a steakho put on innovation which get out offer a comfor slacken, friendly atmosphere. The Companys possessor is Name, who established the eating house as a Limited Liability Corporation. Name has 15 stratums of industry make out as a bartender and 8 cou rses of experience as a cook. Company Name will be undefendable 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. Further more(prenominal), the eating place will be open one (1) sunshine a month on trial basis. Lunch will be served from 1100 am to 200 pm. The eating house will also be set-up as an whole you can eat buffet style restaurant.Our ServicesCompany Names menu will feature char broil steaks, chicken, pewee, burgers and a intermixture of basket foods along with occasional weekend specials of prep atomic number 18 rib and barbecued ribs. potables will acknowledge conglomerate beers, cocktails and non-alcoholic beverages.The MarketCompany Name will focus on local residents and anyone passing by who sine qua nons to enjoy a good meal in a comfortable, friendly, down in the mouth home atmosphere. Company Names market naval division aim is fairly straightforward and focuses on the t arget market, Dickey County, North Dakota residents. These customers take certain services and quality of food and its the Companys handicraft to deliver on their expectations.Financial ConsiderationsThe current fiscal plan for Company Name is to obtain feed supporting in the amount of $350,000. The grant will be used 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 achievement 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 Address The Company Name is located in Dwight, North Dakota, which is one mile west of the urban center 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. surplusly, 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. 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 also be set-up as an all you can eat buffet style restaurant. Company Namewill be closed on red-hot courses twenty-four hour time period, 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 encounter. thither 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 degree centigrade% ownership of the business.2.2 Start-up SummaryThe go aftering table and chart shows the start-up costs for Company Name, LLCTable Start-upStart-up Requirements Start-up Expenses Softwargon (Co st/Inventory Control) $ viosterol Liquor/ feed License (State/County) $1,800 Inspections $1,000 Supplies $2, d Utilities Deposit $1,500 Legal & Accounting fees $5,000 Propane Tank & 1st action $3,000 broad(a) Start-up Expenses $15,300 Start-up summations Cash Required $0 Start-up Inventory $26,000 other current Assets $30,950 long Assets $329,800 tally Assets $386,750 meat Requirements $402,050 Chart Start-uppic3.0 Products and ServicesCompany Nameis a comfortable, inviting restaurant designed to make its customers tonus 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 interest meals come with the customers choice of potato, baked, hash brown or fries. Meals also include a trip to the full salad bar each steaks argon legislate cut daily and charbroiled to perfection.SteaksChoice Sirloin 10 oz $13.75 House Sirloin 8 oz $12.50 little Sirloin 6 oz $9.75 Beef T ips-grilled or hand swaybacked in batter-deep heat $12.50 Rib eye 12 oz. $16.25 Rib eye 10 oz $14.75 Steak and wood pewee6 oz sirloin steak with three deep fried shrimp $15.50SeafoodWalleye dipped in batter and deep fried $15.75 4 Jumbo shrimp served with tater sauce or red sauce. $13.50 Cod (Torsk) $11.50 yellow(a) pc dinner. $11.50 pc dinner $13.50BasketsAll baskets served with fries or onion rings. Burgers atomic number 18 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 grumbler Strip (4 pc) basket $8.75 Chicken Drummies (6) basket $8.75 Breaded Tip basket $9.25 entrant PlatterChicken drummies, Onion rings, Cheese sticks, Mushrooms, Mini Egg Rolls. Served with spread headDressing. $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 upmarket chains, is fac ing its toughest stretch in three decades. This is due to declining guest traffic, declining median(a) check, and a decline in sales. To survive, restaurant operators will need to end incentives and discounts with added value and brand enhancement.Steak restaurants comprise less than 5% of the total restaurant market. Service oriented steak houses have room to grow. Meat and potatoes ar tranquilize what Americans destiny, 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 wants eachone to feel welcome and relaxed in a friendly atmosphere with a king-size menu selection. It is its goal to have the close tender, tastiest steaks in the area.Company Namehas the services undeniable to flourish indoors this industry. By delivering superior customer service, offering affordable prices and developing an outstanding reputation, Company Names potential is excellent.4.1 Market SegmentationIndividuals passage 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 fundamental get along of fairness 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 take a shit 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 development contained in the market analysis table, displays Company Names main markets. All of Company Names clients will benefit from its delicious fo od, atmosphere and exceptional customer service.Table Market AnalysisMarket Analysis Year 1 Year 2 Year 3 Sales Food $259,480 $275,049 $291,552 Dining Beverage $14,400 $15,264 $16,180 chuck out Beverage $30,928 $32,784 $34,751 tot up 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 calendar 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. around 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/ passenger vehicle $33,600 $34,272 $34,95 7 Head Cook $16,800 $17,136 $17,479 Asst. Cook $7,776 $7,932 $8,090 Head Waiter $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 impart wad 14 14 14 totality paysheet $98,052 $century,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 draw in Company Names financial plan in more event ordinary 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 pith Funding Required $402,050 Assets Non- specie Asset s from Start-up $386,750 Cash Requirements from Start-up $0 Additional Cash Raised $0 Cash Balance on starting line Date $0 summarize Assets$386,750 Liabilities and Capital Liabilities present-day(prenominal) adoption $0 Long-term Liabilities $0 Accounts Payable ( forthstanding Bills) $0 some other contemporary Liabilities (interest-free) $0 Total Liabilities $0 Capital Planned coronation Owner $10,000 away Financing $350,000 Additional coronation 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 n eeded 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 monthly Fixed Cost $13,705 Chart Break-even Analysispic8.4 Projected Profit and LossCompany Names Pro Forma Profit and Loss acresment was constructed from a conservative point-of-view, and is based in large part on yesteryear 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(a) Costs 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 upkeep $1,200 $1,236 $1,273 Office Expense $1,800 $1,854 $1,910 Payroll Taxes $9,805 $10,001 $10,201 Phone/TV/Internet $1,800 $1,854 $1,910 Propane $12,000 $12,360 $12,731 plaza Tax $2,508 $2,508 $2,508 Acct & Legal $5,000 $0 $0 Total Operating Expenses $164,464 $163,681 $166,871 Profit onwards 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 earnings Profit $26,961 $36,035 $42,838 dismiss Profit/Sales 8.85% 11.15% 12.51% Chart Profit calendar 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. monthly cash flowprojections are also included in the appendix.Table Cash FlowPro Forma Cash Flow Year 1 Year 2 Year 3 Cash stock Cash from Operations Cash Sales $304,808 $323,096 $342,482 Subtotal Cash from Operations $304,808 $323,096 $342,482 Additional Cash Received Sal es Tax, VAT, HST/GST Received $0 $0 $0 wise received Borrowing $0 $0 $0 novel Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of Other ongoing 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 disbursement $98,052 $100,013 $102,013 Bill Payments $136,504 $176,166 $184,277 Subtotal exhausted on Operations $234,556 $276,179 $286,291 Additional Cash Spent Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 head word repayment of Current Borrowing $0 $0 $0 Other Liabilities star topology 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 dinero 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 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 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 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 cost $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, cosmopolitan & 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 sacrifice 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 derangement 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 workings 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 calendar month 1 month 2 calendar month 3 calendar month 4 calendar month 5 calendar month 6 month 7 calendar 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 $ one hundred twenty-five $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 $69 6 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 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 $100 Office Expense$ one hundred fifty $cl $cl $ one hundred fifty $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 $27,71 0 $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 Oper ations$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 M onth 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$386,7 50 $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 development AND FORMS ARE PROVIDED AS IS WITHOUT each EXPRESS OR IMPLIED WARRANTY OF all(prenominal) KIND 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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 privileg e 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 how to use or complete it or them.Entire document copyright Docstoc, Inc., 2010 2013 All Right Reserved Business Plan for eatery Bar and grillThis Business Plan for a Bar and Grill Restaurant allows entrepreneurs or business owners to create a comprehensive and professional business plan. 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