Business Plan for Restaurants
The combined "eating out" market continues to grow with a forecast sales increase of 6.1% per annum. This £16.4 billion industry welcomes thousands of new entrants to the market every year.
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Overview Summary of this Restaurant Business Plan
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Summary of the Business
Yinel Limited is a new trading company created for an entirely new dining experience in the local town owned by Mrs. Jasmine Harding. Jasmine is an experienced restaurateur having managed three successful ventures over the past 12 years.
The Restaurant Concept
Yinel will take over existing premises currently used as a restaurant and offer a comprehensive "modern English" menu.
These premises will be rebranded to provide a new range of dining options. The menus include freshly made pizza, healthy salads, fresh pasta, locally sourced steak, poultry, and fish.
Yinel will be open from 11:00 to 14:30 and 18:00 to 23:00. Brunch, lunch menus and evening fine dining is served during these opening times. An extensive wine cellar will be available as well as locally brewed beers.
Competition and Market
There are three other competitors locally offering a similar experience however these are not directly in the current location.
The current successful business owners are retiring which presents a unique opportunity to develop the business and profitability. Our target market is a mixture of professionals from local businesses, couples and small groups of friends aged between 25 to 75.
There are three main revenue streams for this business as follows:
- Food menus comprising of appetizers, starters, main courses, and desserts plus a cheese selection.
- Beverage sales including champagne, wines, soft drinks, and beer.
- Private dining area for groups of 10-12 guests.
Total revenue for our first year is estimated at £1.8m with this increasing by 8-9% for the subsequent two years.
Net profits are forecast to be 21% before tax and interest.
The premises are available on a 15-year lease with three-year break clauses. Mrs. Harding will invest £200,000 into the business with an additional £208,700 required as bank financing to fund the rebranding, stock, and initial marketing.
There'll be six full-time and eight part-time employees to cover all areas of the business. These responsibilities include purchasing, food preparation, waiting staff, cleaning and administration.
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Why Choose this Restaurant Plan?
- Ideal for any catering business; preview example.
- Useful for franchise applications.
- Includes financial models and "how to" guides.
- Created & enhanced by experienced consultants.
- Complete detailed marketing and financial plans.
- 90 day Money-back guarantee.
- Guaranteed to secure finance or a franchise.