Blaze Bar & Restaurant - Sample Restaurant Business Plan

53 Pro Forma Profit and Loss Year 1 Year 2 Year 3 Year 4 Year 5 Sales $29,849,915 $72,472,630 $78,704,345 $92,470,680 $100,883,480 Direct Costs of Goods $11,939,966 $28,989,052 $31,481,738 $36,988,272 $40,353,392 Other Costs of Goods $0 $0 $0 $0 $0 ------------ ------------ ------------ ------------ ------------ Cost of Goods Sold $11,939,966 $28,989,052 $31,481,738 $36,988,272 $40,353,392 Gross Margin $17,909,949 $43,483,578 $47,222,607 $55,482,408 $60,530,088 Gross Margin % 60.00% 60.00% 60.00% 60.00% 60.00% Expenses Payroll $7,536,000 $7,536,000 $9,043,200 $9,495,360 $9,970,128 Marketing/Promotion $0 $0 $0 $0 $0 Depreciation $0 $0 $0 $0 $0 Maintenance $300,000 $300,000 $345,000 $345,000 $345,000 Marketing $200,000 $200,000 $200,000 $200,000 $200,000 Rent $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 Utilities $3,600,000 $3,960,000 $4,356,000 $4,791,600 $5,270,760 Replacement Costs $200,000 $220,000 $264,000 $264,000 $264,000 Travelling $50,000 $50,000 $50,000 $50,000 $50,000 Telephone $36,000 $36,000 $36,000 $36,000 $36,000 Insurance $150,000 $150,000 $150,000 $150,000 $150,000 Licenses $300,000 $200,000 $200,000 $250,000 $300,000 Accounting & Administration $100,000 $120,000 $125,000 $130,000 $130,000 ------------ ------------ ------------ ------------ ------------ Total Operating Expenses $17,272,000 $17,572,000 $19,569,200 $20,511,960 $21,515,888 Profit Before Interest and Taxes $637,949 $25,911,578 $27,653,407 $34,970,448 $39,014,200 EBITDA $637,949 $25,911,578 $27,653,407 $34,970,448 $39,014,200 Interest Expense $0 $0 $0 $0 $0 Taxes Incurred $191,385 $7,773,473 $8,296,022 $10,491,134 $11,704,260 Net Profit $446,564 $18,138,105 $19,357,385 $24,479,314 $27,309,940 Net Profit/Sales 1.50% 25.03% 24.60% 26.47% 27.07%