skip to Main Content

Restaurant Financial Plan Template

Rated 4.40 out of 5 based on 5 customer ratings
4.4 (5 reviews)

Excel Spreadsheet Template to prepare your Restaurant Financial Plan. Helps you to prepare budget, input projections and run scenarios before investment.

$99.95

(One-time Payment | Instant Download)
BUY NOW

Payments are processed by our partner company Paddle.com.
You will receive a download link immediately after purchase.

TEMPLATE DETAILS

License: Personal Use
Works on: Windows / Mac
Requirements: Min. Excel 2007
Bonus: Free Lifetime Updates with your purchase.

PRODUCT DESCRIPTION

How to open a Restaurant or Café of your dreams? It needs lots of money, care and time. So, it is quite hard to have a popular restaurant with high profit all at once. For this reason, before opening your café, you should make some calculations and some budget assumptions. We have built this Restaurant Financial Plan Template to help you make your feasibility studies easily.

By using this Excel Financial Feasibility Template, you will start to input your projections and see possible results of them without needing to learn complex concepts! Here is what you will get:

  • Long term plan of your business (1 to 5 years)
  • Profit predictions (EBITDA)
  • Financial Statements: Income Statement, Balance Sheet, Cash Flow Statement
  • Sales Revenue and Cost of Goods Sold
  • Capital budget needed
  • And simulation of your plans with a lot of parameters like this.

Therefore, you will be aware of any risk before making your investments!

RESTAURANT / CAFÉ FINANCIAL MODEL FEATURES

Basically, this template consists of 3 main parts:

  1. Sales and Pricing Assumptions
  2. Fixed and Startup Costs
  3. Reporting

The flow of the template is:

  • First of all, in the Assumptions section, input your Sales projections, prices, and unit cost
  • Then input your fixed and startup costs like rent, electricity, equipment and so on.
  • And according to your inputs, output reports such as profitability, break-even and many more will be automatically created.
  • Finally, you can analyze the outputs to make new projections until you get satisfying results.

Visually, this process works like this:

Restaurant Financial Plan Excel Template 01 - Process Chart

Below, we will explain these 3 sections in detail. But before that, let’s start with reviewing the Dashboard section of the template.

DASHBOARD

We have prepared a Dashboard section to manage this comprehensive financial model easily. Above section of Dashboard is Navigation. Below section is Settings.

Restaurant Financial Plan Excel Template 02 - Dashboard Navigation

Here is the Navigation section. As we mentioned before, you can put the predictions to the sections of the left which is blue or red. After that, output results will appear in the green sections on the right.

Also, the Dashboard has a Settings part like this:

Restaurant Financial Plan Excel Template 03 - Dashboard Settings

Table details are as follows:

Menu Items – Group table: Here, we have put some dummy menu items. You can input your product which you plan to sell in your Restaurant/Café. (If you need much more space for it, you can expand the area easily by clicking + sign.)

Sales Channels: Sales channels are your delivery ways. We placed 3 channels as an example: Sit-Down, Take-Away, Online order. According to these sales channels, you can define different pricing strategies for a product. For example, when customers prefer Take-Away service delivery, you can sell it at a lower price. As a result, these options will provide flexibility to your restaurant. You can add/remove other sales channels.

Model Config: You can change these 4 options:

  • Projection Years: Projection years allow you to predict monthly Café budget from 1 to 5 years. It depends on your requirements about the feasibility period. If you want to change it, the reports will be updated.
  • Start Date: Put here possible start date of your restaurant. Report outputs will start with the selected date.
  • Currency: Put your currency here. It will not change the cell formatting but it will be shown on financial reports.
  • Instructions: You can hide/show instructions from the drop-down.

That’s all about the dashboard. Now, let’s check three main sections of our restaurant financial plan in detail.

1. SALES AND PRICING ASSUMPTIONS

Restaurant Financial Plan Excel Template 04 - Assumptions

You will input all your assumptions related to your restaurant here:

  • Firstly, select your menu items and sales channels (group info will be displayed automatically)
  • Make your assumptions about Unit price (Sell-Out) and Unit cost (COGS)
  • Input your weekly sales volume in order to calculate revenue projections
  • Predict growth percentage of sales projections, price evaluation, and cost evaluation. You can do it on the basis of weekly, monthly, yearly or quarterly
  • The table will be calculated via simple multiplication of units and prices per month and it provides Sales Revenue and Total COGS results.
  • Remember: White areas are where you make your inputs or selections. Gray cells are calculations and should NOT be manually changed.

Now, we will input assumptions about fixed costs and startup costs.

2. FIXED AND STARTUP COSTS

Fixed and Startup costs are the core concern of your restaurant budget. Understanding these costs will prevent any financial risk at the beginning and help better overall management.

Restaurant Financial Plan Excel Template 05 - Fixed Costs

At this section, we input Salaries and Other Fixed Cost assumptions:

Salaries: Labor is one of the biggest expense of your budget (You may choose to start paying some of your labor salaries later). Afterwards, you can see the effects of the salaries on the Breakeven analysis.

Other Monthly Expenses: Input here your other monthly costs like Rent, Advertising, Agency. During the start-up phase, it can be hard to accurately predict these costs. However, once you analyze the outputs, you will be able to make more accurate assumptions about your revenue.

While filling this section keep in mind that salaries and fixed costs may increase by time. So keep an eye on Restaurant Financial Plan output reports to help you decide on these increases.

Restaurant Financial Plan Excel Template 06 - Startup Costs

Start-up Costs: Start-up costs are more than furnishing, spoon or plates. It requires careful planning and estimations and it is essential for the output results. Therefore, if you want to find an answer for “When my restaurant will start to gain profits?” calculate your start-up costs and input here.  Later on, it will appear on the Breakeven Analysis.

For the sake of simplicity, we ignored amortization and depreciation in the Breakeven Analysis. So, if you have a significant amount of fixed assets and want to include depreciation, you can deduct them from monthly expenses.

3. REPORTING

FINANCIAL STATEMENTS

Organized financial models are built from top to bottom. The Restaurant Financial Plan Template provide monthly statements that flow into annual summaries easily.

Basically, 3 main statements will appear:

  • Income Statement (P&L)
  • Balance Sheet
  • Cash Flow Statement

Most of the variables come from the results of your assumptions. Every gray cell is automatically calculated by values. So the only place you should type manually is white cells.

Restaurant Financial Plan Excel Template 07 - Financial Statements

BREAK-EVEN ANALYSIS

Spending money does not necessarily create profits. You should use some tools for better understanding. Break-even analysis is the one of an effective way to lower your budget/capital risk. However, the charts may be time-consuming to prepare. This Excel Restaurant Financial Plan Template does it for you automatically:

Restaurant Financial Plan Excel Template 08 - Breakeven Analysis

It helps you to make your analysis with various price and sales volume scenarios  yearly, quarterly or  monthly. After that, you can manage your budget assumptions in order to get to the positive side of break-even.

OTHER REPORTS

  • PROFITS (EBITDA) – TREND REPORT
  • SALES UNITS BREAKDOWN
  • REVENUE DETAILS
  • GROSS PROFITS
  • SALARIES REPORT

DATA SOURCE

Finally, the Data Source is the section that consolidates all data and inputs of your restaurant financial plan. We do not recommend you to make any manual changes in this section. However, if you are comfortable enough to modify the file structure, you can edit this section to create much more customized reports with your data.

RESTAURANT FINANCIAL PLAN TEMPLATE – FEATURES SUMMARY

  • Unique Excel Template to perform financial feasibility studies
  • Works both on Mac and Windows
  • No installation needed, ready to use.
  • Professional design and suitable for presentations
  • Innovative reporting system
  • Financial Statements
  • On Sheet Instructions
  • White Label
  • Print-Ready
  • Compatible with Excel 2007 and later versions

This excel template is ready-to-use and provided as is. If you need customization on your reports or need more complex templates, please refer to our custom services.

USER REVIEWS

5 reviews for Restaurant Financial Plan Template

  1. Rated 3 out of 5

    andry26

    this spreadsheet is multitude! In startup phase, i can’t comprehend all these financial terms. I can see that, it has good amount of details but would prefer a simpler version. Maybe that’s just me though.

  2. Rated 5 out of 5

    nikoradu

    Just before a few days of my final pitch I started to use someka’s restaurant template. Wish I found it earlier. The template is very well designed. Teachers, friends love it. Really appreciate.

  3. Rated 4 out of 5

    Pham Vig

    Financial things is getting on my nerves! I am a restaurant owner and template was quite helpful. Some parts were so easy to understand but some of them were a bit complex for me. Team was very supportive. Thx!

  4. Rated 5 out of 5

    Jamal Al Nadeau

    Having’ hard time figuring out when my cafeshop profit will be reasonable. This template does a good job to remind what should i consider. Calculating my gross margin, future sales and breakeven analysis point out lots of things to me.

  5. Rated 5 out of 5

    P.Thompson

    I was struggling to my own financial plans but got help from this template. Both comprehensive and easy-to-understand.

Add a review

Your email address will not be published. Required fields are marked *