INCOME STATEMENTS

Sales are derived from check average and customer- count assumptions by “meal period”, which include lunch and dinner sales. The Restaurant will open for lunch and dinner five days a week and for brunch one day. Dinner sales are defined as sales occurring after 5 pm until closing. While not included in the financial projections, the restaurant will also generate revenue from take-out, catering and Jiu’s Ho Ho.
The restaurant is presumed to seat 125 patrons inside with 90 seats in the dining room and 25 seats at the bar.
Food, beer, wine and liquor sales are computed by meal period each month. Check average assumptions are based on menu pricing. Guest count assumptions rely on the Manager’s research focused on similar concepts in comparable Bar Area restaurants.

 

CHECK AVERAGE
 

                               YEAR 1                2                3                4                5
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Lunch                      $24                  $XX
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Dinner