A restaurant business plan can cover all aspects of a new restaurant business, or it can be developed to address specific issues as they arise (growth, financing). There are two types of plans: internal and external. An internal restaurant business plan will be used to make decisions inside the company. An external plan is one that is targeted at lenders.
Business plan for existing restaurant
Executive Summary
Plan to open a restaurant and bar. The business will be located in the heart of the city. It will be a modern restaurant with an emphasis on quality and service. The restaurant will cater all types of people, it will have a wide range of customers from businessmen to families, teenagers and couples.
The restaurant will have a good location that is easily accessible to customers by both public transport and private vehicles. The location is strategically placed near the city center which makes it easy for customers to find their way there and also gives them more time to explore other businesses in the area before or after their meal at our restaurant.
The restaurant will have a seating capacity of 150 seats including 80 outdoor seats making it possible for us to accommodate more people during peak hours as well as weekends when most people spend time outdoors enjoying themselves with friends and family members or even just relaxing watching movies at cinemas nearby. The seating capacity will also make it possible for us to cater large groups especially during corporate events where they hire out our entire space for them to hold their meetings, seminars or conferences in our restaurant instead of having them at their offices or hotels where they would need extra spaces such as conference rooms or meeting rooms available
Restaurant and Bar Business Plan
Table of Contents
Executive Summary
1.1 Restaurant Description
1.2 Key Financials, Sales Forecasts and Growth Projections
1.3 Marketing and Sales Strategy
1.4 Management Team, Risk Assessment and Financial Resources
Restaurant Business Plan
Business Overview
Our restaurant will be a fast food restaurant in the heart of [city]. We will serve Middle Eastern foods, including kebabs, hummus and falafel. The restaurant will be open from 11am to 11pm, seven days a week. It will be located on a busy street and near several schools, colleges and universities. We plan to target students as our main customers.
Our service is fast, fresh and healthy. Our staff is friendly and willing to help customers make their choices. There is free WiFi available for those who want to use their laptops while eating at our restaurant.
We have chosen this location because it has high footfall and it is close to several colleges that have large student populations. Our restaurant has been operating successfully since 2012 but we are planning to expand our business by opening another outlet in another city within [state]. This new outlet will operate under the same name as our existing outlet but we intend to introduce some new menu items with better ingredients such as locally sourced vegetables and meats from farms nearby where possible along with healthier options like fruit juices instead of soft drinks which are currently served at both outlets (which are owned by two different companies). We also intend
Sample Restaurant Business Plan
1.0 Introduction
1.1 Restaurant Name and Concept
The restaurant name is ________, which will be located at (address) and open from (hours of operation). The concept behind the restaurant is simple: to provide the highest quality food and service to the customer at a reasonable price.
The restaurant will focus on serving American-style cuisine in a comfortable environment. The menu will include items such as burgers, sandwiches, pizzas, salads and other dishes that can be prepared quickly and served to customers who want to eat quickly. Specialty items will be offered occasionally as well.
The ideal customer for this business is someone who wants fast, inexpensive food but does not want fast food quality or service. The restaurant will appeal primarily to young people who work nearby or live in the neighborhood as well as families with children who want something other than typical fast food fare during their evening meal hours.
1.2 Summary of Business Plan Sections
This section summarizes the contents of each section that follows it:
Section 2: Location & Facilities – This section describes where your restaurant will be located along with the facilities needed for operation of your business including equipment such as freezers and refrigerators; ventilation systems; lighting
The restaurant business plan is a comprehensive document that describes the business goals and strategies of the restaurant to help you succeed in your venture. It’s an important tool for raising capital from investors, banks and other financial institutions. The plan should include:
The company description (including background information)
The business environment
The company’s products or services
The market analysis (including target market, competitive analysis, key success factors and barriers to entry)
Financial projections (including three-year cash flow forecast, balance sheet and profit-and-loss statement)
Restaurants require large amounts of capital to start up, so having a well-written restaurant business plan will help you attract investors and lenders.
The restaurant business plan is a document created to help you define and understand your business. It helps you to focus on what is important in the business so that you can start with a clear vision of where you want to go.
The restaurant business plan is an essential part of starting up any new business venture. You will find it useful for getting funding from banks and other financial institutions as well as for managing your business once it has started.
You should be aware that there are many different types of restaurant businesses and each type has its own set of challenges and opportunities. The type of restaurant that you choose will depend on the kind of food that you serve, who will prepare the food and how much money you want to make from your business.
Restaurants fall into two broad categories: fast food restaurants or full service restaurants. Fast food restaurants offer pre-packaged meals which can be eaten immediately without waiting for table service or preparation by chefs. Full service restaurants offer table service and take longer than fast food restaurants because they require preparation time by chefs before they can serve meals to customers.
In addition to these two main categories there are also several sub-categories such as fast casual, quick service casual and upscale casual dining (high quality comfort
A restaurant business plan is a document that helps you organize your thoughts and information about your restaurant. It can be used to help secure funding, to create an effective marketing plan and to meet government regulations.
A restaurant business plan should include the following sections:
Executive summary. This section is a high-level overview of the entire business plan and it usually contains three to five pages. It tells the reader why you want to open a restaurant and how you will accomplish this goal.
Business description. This section describes in detail what type of restaurant you plan on opening and where it will be located. It should also include information on the equipment needed for opening day, estimated operating costs and projected financial statements for the first year of operation.
Marketing plan. This section includes all marketing strategies that will be implemented once the restaurant opens its doors for business.
Operations and management plan. This section includes details about how you will run your restaurant once it’s open — from staffing requirements to menu planning — including all operational procedures that need to be followed in order for things like food preparation and service to be performed at an acceptable level of quality for customers who come through the door each week looking for a good time with friends or family members over dinner or lunch hours
Restaurant Business Plan
A restaurant business plan is a detailed outline of the steps you will take to make your dream of owning and operating a restaurant a reality. The plan should include such topics as:
Your opening date, location, staff and menu.
How you plan to promote your restaurant.
The financial resources you’ll need to get started (including personal investments) and how you’ll use them.
How much money you expect to make in your first year and how much you’ll pay yourself as owner’s compensation during that time.
The amount of debt (including loans) that will be needed to start the business.