Steak Restaurant Business Plan Sample

This steak restaurant business plan illustrates the costs and approaches for launching a fine dining steak restaurant and for getting startup funding. You can edit this restaurant business plan directly with Business Plan Software.

Restaurant Business Plan Template:

Executive Summary

This restaurant business plan for a fine dining steak business is based on years of experience  The budgets and vision are provided below to interest investors in helping fund the restaurant's launch. This plan uses conservative sales figures and actual sales may be higher.  The restaurant, to be called the Fire Fountain Grille, will show a profit immediately and will increase sales and profits each year thereafter.

The Fire Fountain Grille will be a comfortable, inviting restaurant designed to make customers feel as if they are enjoying VIP services in a world all to themselves. The decor and theme is based on an exterior fountain located at the main entrance that has a cascading water fountain combined with flame throwing torches.

Steak Restaurant Business Plan Forecast: Sales, Margin and Profit

restaurant business plan

The show kitchen will feature a custom made "Fire Fountain", a unique show kitchen grill that also has a cascading water fountain combined with flame throwing torches. This spectacular marvel will be visible from the dining room side, and will be a functioning 48" gas powered steak grill on the kitchen side.

Business Plan Start-up Costs: Sample Chart

The business plan financials for our proposed steak restaurant location assume we will take advantage of a newer, existing structure. Start-up costs will cover a number of details to convert the structure to suit our concept both visually and functionally. Included in start-up costs are all necessary expenditures to cover the pre-opening hiring and training of our staff, adding and revising equipment needs, supplying smallwares and servicewares, inventory and other essentials.

New Steak Restaurant Business:
Sample Start-up Cost Projections

 
Legal $5,000
Stationery, Menus, Brochures $4,000
Food Inventory $20,000
Alcohol Inventory $8,000
Operating Supplies $5,000
Smallwares $22,000
Uniforms $3,000
Linen $1,500
Two Fire Fountains $30,000
Kitchen Improvements $15,000
Leasehold Improvements $30,000
Exterior Improvements $10,000
Catering Vehicle & Equipment $23,000
Signage $15,000
Liquor License $4,000
Point Of Sale System $10,000
Computers & Peripherals $5,000
Office Furnishings $1,500
Pre-opening Management Labor $15,000
Pre-opening Labor/Training $16,000
Pre-opening Advertising & Marketing $8,000
Permits & Fees $3,000
Insurance $7,500
Rent $15,000
Research and Development $5,000
Utility Deposits $10,000
Cash Reserve $25,000
Other $8,000
Total Start-up Expenses $324,500
Start-up Assets
Cash Required $580,500
Start-up Inventory $0
Other Current Assets $0
Long-term Assets $65,000
Total Assets $645,500
Total Requirements $970,000


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