Financial Pro Forma

Investor Preferred Return Summary

Cost of Unit$19,000
Average Annual Return$8,816 per point
Investment Breakeven24 months
Return Structure90% of net profit until 100% of initial commitment amount is returned to investors.
90% of return from first year profits, 75.07% return from second year profits, 30% every subsequent year

5-Year Investor Payout

MetricYear 1Year 2Year 3Year 4Year 5
Net Profit$189,292$602,453$761,566$737,022$834,108
Total Investor Payout$170,363$452,270$228,470$221,107$250,232
Single Unit Payout$5,679$15,076$7,616$7,370$8,341
Annual Investment Return90.00%75.07%30.00%30.00%30.00%

Consolidated Financial Summary

Line ItemYear 1Year 2Year 3Year 4Year 5
F&B REVENUE$3,453,322$4,123,088$4,357,427$4,607,712$4,887,362
F&B COST OF GOODS SOLD$522,513$615,564$647,375$687,045$726,716
GP ON F&B$2,930,809$3,507,524$3,710,052$3,920,666$4,160,647
ROOM CHARGES REVENUE$287,785$512,659$626,843$647,367$667,892
TOTAL GROSS PROFIT$3,218,594$4,020,183$4,336,895$4,568,034$4,828,539
HOURLY EMPLOYEES$1,137,760$1,181,404$1,226,723$1,273,780$1,322,642
SALARY EMPLOYEES$545,750$566,685$588,423$610,995$634,433
EMPLOYEE TAX (14.5%)$79,134$82,169$85,321$88,594$91,993
INSURANCE$96,000$99,683$103,506$107,477$111,600
SERVICES$75,648$78,550$81,563$84,692$87,941
MATERIALS$60,000$62,302$64,691$67,173$69,750
UTILITIES$144,000$149,524$155,260$161,215$167,400
MARKETING (6% of Gross)$224,466$278,145$299,056$315,305$333,315
CONTINGENCY FUND (5% of Gross)$187,055$231,787$249,214$262,754$277,763
RENT$0$0$0$72,000$74,762
RENT TAX$0$0$0$10,776$11,189
PROPERTY TAX$27,000$28,036$29,111$30,228$31,387
BUILD OUT$426,186$0$0$0$0
YEAR OVER YEAR INCREASE3.836%3.836%3.836%3.836%3.836%
TOTAL EXPENSE$3,003,000$2,758,285$2,882,869$3,084,989$3,214,174
NET BEFORE TAX$215,595$1,261,899$1,454,026$1,483,045$1,614,364
INCOME TAX (12.2% for first $500,000 26.5% after)$26,303$659,445$692,460$746,022$780,256
NET AFTER TAX$189,292$602,453$761,566$737,022$834,108

Restaurant Revenue Summary

CategoryYear 1Year 2Year 3Year 4Year 5
Total Covers97,181111,065111,373112,144129,884
Entrée$1,107,377$1,265,574$1,311,275$1,395,647$1,480,019
Appetizer$1,146,076$1,309,801$1,357,100$1,444,420$1,531,740
Dessert$112,325$128,372$133,008$141,566$150,124
Non-Alcoholic$168,190$192,218$192,752$194,086$224,788
Liquor$232,390$265,589$275,180$292,886$310,592
Beer$186,151$212,743$220,426$234,609$248,792
Wine$200,935$229,640$237,933$253,242$268,552
Merchandise$23,566$26,933$27,906$29,701$31,497
TOTAL RESTAURANT REVENUE$3,177,012$3,630,871$3,755,578$3,986,157$4,246,102

Events Revenue Summary

CategoryYear 1Year 2Year 3Year 4Year 5
Total Events219389476492507
Total Covers12,14321,63126,44927,31528,181
ROOM CHARGES$287,785$512,659$626,843$647,367$667,892
Appetizer$15,931$28,380$34,701$35,837$36,974
Dessert$5,974$10,643$13,013$13,439$13,865
Non-Alcoholic$9,957$17,738$21,688$22,398$23,108
Liquor$103,554$184,471$225,558$232,943$240,328
Beer$63,726$113,520$138,805$143,350$147,894
Wine$74,678$133,032$162,662$167,988$173,314
Merch$2,489$4,434$5,422$5,600$5,777
TOTAL EVENTS F&B REVENUE$276,310$492,217$601,849$621,555$641,261

Salary Employees

RoleSalaryBonus
Back of House
Chef$100,0002.50%
Sous-Chef$65,0002.50%
Pastry Chef$65,0002.50%
Front of House
Sommelier$75,000
Maitre De$75,000
Admin
Admin$80,000
Admin$80,000
Total Weekly$10,385$10,495
Total Monthly$45,000$45,479
Total Yearly$540,000$545,750

Hourly Employees

RoleWageHours/WeekShiftWeekly Total
Back of House
Cook$21.0056Night$1,176
Cook$21.0056Night$1,176
Cook$21.0056Night$1,176
Cook$21.0056Night$1,176
Cook$21.0056Day$1,176
Cook$21.0056Day$1,176
Cook$21.0056Day$1,176
Dishwasher$18.0056Night$1,008
Dishwasher$18.0056Day$1,008
Back of House Weekly Total$10,248
Front of House
Bartender$18.0042Night$756
Bartender$18.0042Night$756
Bartender$18.0042Day$756
Barista$18.0042Day$756
Server$16.0042Night$672
Server$16.0042Night$672
Server$16.0042Day$672
Floor Support$18.0042Night$756
Floor Support$18.0042Day$756
Host$16.0042Night$672
Host$16.0042Day$672
Front of House Weekly Total$7,896
Event Staff
Bartender$18.0036Night$648
Bartender$18.0036Night$648
Bartender$18.0012Day$216
Door Detail$18.0024Night$432
Floor Support$18.0036Night$648
Floor Support$18.008Day$144
Sound$20.0050Night$1,000
Event Staff Weekly Total$3,736
Labour Total (Yearly)$1,137,760

Services Breakdown

ServicesMonthlyYearlyNotes
Waste Removal$800$9,600Based on 5x weekly at $40/pickup
Legal$1,200$14,400Updating employee and partner contracts/other legal services
Accounting$2,000$24,000Payroll, purchasing and taxes
Internet$95$1,140
Security$600$7,200Alarms, cameras
Open Table$299$3,588
POS$900$10,800Handheld devices, terminals and CC processing
Web Services$30$360Web hosting and development (v0)
Fire Protection$380$4,560Alarms and fire suppression
Total$6,304$75,648