Food Business Restaurant Financial Statement Sample

This is the set of linked restaurant business plan template spreadsheets that are used to generate the restaurant modeling reports.
Food business restaurant financial statement sample. An income statement is a record of the money that comes in and the money that goes out. We will go through a restaurant income statement and perform some detailed analysis. This will show the restaurant s financial health over the years. Use data for the whole year as the reporting period.
Restaurant business plan template financial modeling spreadsheets v3 1. Simply put a restaurant financial plan is a type of evaluation of the current and future finances for a restaurant company. For a restaurant it means recording your food and drink sales along with all the expenses that come with running the restaurant. P l statement also enables you to calculate food cost percentage gross profit and net profit or loss.
It is an important document as it helps to decipher the level of finance that your business needs whilst also predicting the viability of business operations. It will show good years bad years and the rate of growth or loss over the life of the business. Your expenses are split into two categories. The restaurant income statement not only measures income but it is also a great tool for managing the business.
These metrics can be calculated from your sales cogs and costs and they allow you to fully understand your restaurant s financial state.