restaurant project report

Project Report Fine Dining Restaurant (North Indian/South Indian) Name : XXXXXXXX

Size of the Restaurant “A “ GRADE (80 - 120 COVERS) app. 2000 To 2500 Sq. Feet

Food Type South Indian OR North Indian

Location of the Restaurant XXXXXXXXX

Partners 1) 2) 3)

XXXXXX XXXXXX XXXXXX

Objective of the Restaurant To provide the customer with Quality food at competitive price. Quality and Quick Service Quality Dining Area Quality Waiting Facility and Overall a Best and Enjoyable atmosphere.

Mission The mission of this Restaurant is Providing 100 % satisfaction to every customer - every visit. This includes Quality of Food, Fast Friendly and Attentive Service, Accuracy in Order Taking and Anticipating the Customers needs. Achieving economies to the scale of minimizing cost and maximizing value to the customers.

Our Team The success of any organization always depends on the Knowledge, Experience and The Skills of the promoters. Working together as a Team would satisfy our common goal of, Providing Quality food and Service and hence the, Customer Satisfaction. Our Team would be made up of Dedicated and Experienced Staffs and Chefs who would work together to achieve our common goal of Customer Satisfaction.

Staff Requirements a) Food Production Chefs Cooks Assistants Supervisor Pot Washing Dish washing

2 2 3 1 2 2

b) F&B Service Manager Captains Waiters Cashier

1 4 8 1

c) Miscellaneous Purchase and Store keeper 2 House keeping 3 Accounts 2 Security 2 ______________

Total

35 ---------------------

Business Concepts A new concept of restaurant in the city in an ideal location. Proper Promotional activities at least for initial six months. Special facilities: Membership card etc. Special discounts during festive seasons. Wide range of varieties in menu and quality food Party Caterings (Outdoor). Private Dining Facilities (PDF) for Corporate parties, etc Vision to open new Outlets in future.

Investments The following would be the initial non-returnable investment

Description

Civil, Plumbing and Electrical Works

Amount (INR)

xxxxxxx

Kitchen Set up Equipments Exhaust Gas line

App.

800,000/-

Coolers and Freezers Kitchen Utensils Store Set up Restaurant set up Interiors Furniture & Fixings Air Conditioning Crockery & Cutlery

App.

1,100,000/-

Miscellaneous Accounting Billing systems License Fee Display boards

App.

400,000/-

Uniforms for Staffs Traveling and Visa Charges Promotions during Launch

App. 2,300,000 /Total

+ Cost of Civil, Plumbing & Electrical works (1)

Note: The above estimate does not include Rental Deposit for the Restaurant and Staff Accommodation.(2)

Total Investment (App) The total approximate Investment

=

2,300,000+ (1) + (2)

Monthly Salaries

Staff

Nos

Amount (INR)

Production Chefs Cooks Assistants Supervisor Pot Washing Dish washing

2 2 3 1 2 2

40,000 20,000 15,000 7,500 8,000 7,000

F&B Service Manager Captains Waiters Cashier

1 4 8 1

17,500 20,000 32,000 4,000

2 3 2 2

8,000 10,500 12,000

Miscellaneous Purchase and Store keeper House keeping Accounts Security

9,000 Total

210,500/-

Monthly Fixed Overheads

Description

Amount (INR)

Restaurant Rent

140,000

Staff Acc. Rent

35,000

Staff Salary

210,500

Electricity Bill

60,000

Gas

35,000

Transport

10,000

Telephone Bill

6,000

Office Expenses

5,000

House Keeping

45,000

Miscellaneous

20,000

Total

566,500/-

Note: This amount 566,500/- (app) would be the working capital required every month which excludes your cost of purchasing the supplies.

Financial Analysis Total no. of Covers

-

100 Nos

Average Exp. revenue per Cover

-

220/- (INR)

Avg. expected revenue per day

-

160 covers

Expected total sales per Day

-

35,200/- INR (160 x 220)

Expected total Monthly sales

-

1,056,000 (INR)

(Lunch & Dinner)

Breakeven Analysis Average Monthly sale

- 1,056,000

Average Food Cost @ 46% on sales

- 485,760 (-)

-------------------------------Gross Profit per month

Average Overheads per Month

570,240

- 566,500 (-) --------------------------------

Net Profit per month

3,740/-------------------------------

Note: All amounts mentioned above are in Indian Rupees. For Sri Lankan conversion please multiply the same by 2.5.

Conclusion The above projections are just an average figure to get almost a close to reality figure about what should be the minimum amount of business required to be done.

With tourism starting to boom in Sri Lanka, if an ideal location is selected in Colombo with a vision to expand the outlet to other parts of the island the prospects of success looks very positive. The quality of food and service should be maintained without any compromise and frequent promotional activities will ensure long term success.

“It all comes back to the basic. Serve customers the best-tasting food at a good value in a comfortable restaurant, and they'll keep coming back.”