New Restaurant Cost Calculation in Pakistan depends upon different factors. Location is most important element. Big cities like Lahore, Karachi, Islamabad, Sialkot, Peshawar, Multan, Faisalabad, Hyderabad etc. In these cities cost of land and space rental is very high. While in medium and small towns like Gujraat, Gujranwala, Sahiwal, Qasoor, Khanewal etc, the cost of rental building is comparatively cheaper. Same things goes for restaurant staff. Wadges of restaurant staff are higher in big cities than small ones. There are many advantages of opening a restaurant in major cities but there are few disadvantages too. Major problem that restaurant in a small city may face is vendor or supplier. Restaurant owner may have restaurant items vendors easily in main cities than the smaller. Some more there is huge trend of restaurant customers in bigger cities than others. Kitchen equipment maintenance service is easily available in bigger cities other than small cities. Same goes for Restaurant POS Solution.
A restaurant business plan always start with an executive summary. An executive summary not only behaves as the introduction to your business plan, but a summary of the whole idea too.
The foremost aim of an executive summary is to bring out the reader (most of the times an investor) into the rest of your business plan.
Usual components of an executive summary are as follows:
Mission statement
Proposed concept
Execution
Brief look at potential costs
Expected return on investments
Executive summary is necessary for those looking to get investors to fund their project. Instead of having to comb through the entire restaurant business plan to get all the facts, they can rather just look through the executive summary.
This is the part of the Restaurant Business Plan where you fully introduce the company.
Start this section with the name of the restaurant you are opening along with the location. Then contacts, and other related information. Also include the owner’s details and a brief description of their experience.
The second part of the company description should highlight the legal standing of the restaurant. And outline the restaurant’s short and long term tasks. Provide a short market study showing that you understand the trends in the local food industry and why the restaurant will succeed in this market. This is the first step that assist you in Restaurant Cost Calculation in Pakistan.
What is your target market and what demographics will your restaurant cater to? This section aims to explain your target market to investors and why you believe guests will choose your restaurant over others.
It’s easy to assume that everyone will visit your restaurant, so it is important to research your competition to make this a reality. Which restaurants have already established a customer base in the area? Take note of everything from their prices, hours, and menu design to the restaurant interior. Then explain to your investors how your restaurant will be different.
Investor surely want to know that which methods you will use for marketing campaigns differ from what is already being done by others? How do you plan on securing your target market? What kind of offers will you provide your guests? Make sure to list everything.
The most important element to launching your restaurant is by far the menu. Without it your restaurant has nothing to serve. At this point you probably don’t have a final version, but for a restaurant business plan you should at least try to have a mock-up.
Add your logo to the mock-up and choose a design that you can see yourself actually using. If you are having trouble coming up with a Menu Design or don’t want to pay a designer, there are plenty of resources online to help.
The key element of your sample menu though should be pricing. Your prices should reflect the cost analysis you’ve done to investors. This will give them a better understanding of your restaurant’s target price point. You’ll quickly see how important menu engineering can be, even early on. We hope this info will assist you in Restaurant Cost Calculation in Pakistan.
The company description section of the restaurant business plan briefly introduces the owners of the restaurant with some information about each. This section should fully flesh out the Restaurant Management team.
The investors don’t expect you to have your entire team selected at this point, but you should at least have a couple of people on board. Use the talent you have chosen thus far to highlight the combined work experience everyone is bringing to the table.
Mutfakpos is a top restaurant POS System of Pakistan that is specially and specifically designed for restaurant, coffee houses, Pizza Shops, Food Delivery, Take away outlets etc. Its strong Restaurant Inventory System and reporting system makes it unique. Its very user friendly and it really works great even at peak hours of restaurant operation. Mutfakpos restaurant point of sale is not only a POS software, it is a system that automates your restaurant completely. If you are worried for your restaurant inventory, staff management, wastage etc, you must try mutfakpos restaurant point of sale system. You may go through its features and layout at mutfakpos restaurant POS features.
We hope you have enough knowledge about New Restaurant Cost Calculation in Pakistan.
Capital Cost: Rs 300,000
Renovation: Rs 350,000
Machinery: Rs 650,000
Furniture, Fixtures: Rs 250,000
Office Equipment: Rs 100,000
Pre operating Cost: Rs 150,000
Total Capital Cost: Rs 800,000
Working Capital: Rs 1,00000
Equipment Parts: Rs100,000
Raw Material Inventory: Rs 80,000
Upfront Building Rent: Rs 120,000
Cash: Rs 150,000
Total Working Capital: Rs 400,000
_______________________________________
Total Project Cost: Rs 23,50000
Capital Cost: Rs 300,000
Renovation: Rs 350,000
Machinery: Rs 650,000
Furniture, Fixtures: Rs 250,000
Office Equipment: Rs 100,000
Pre operating Cost: Rs 150,000
Total Capital Cost: Rs 800,000
Working Capital: Rs 1,00000
Equipment Parts Inventory: Rs 100,000
Raw Material Inventory: Rs 80,000
Upfront Building Rent: Rs 120,000
Cash: Rs 150,000
Total Working Capital: Rs 400,000
__________________________________
Total Project Cost: Rs 23,50000
Capital Cost: Rs 300,000
Renovation: Rs 350,000
Machinery: Rs 650,000
Furniture, Fixtures: Rs 250,000
Office Equipment: Rs 100,000
Pre operating Cost: Rs 150,000
Total Capital Cost: Rs 800,000
Working Capital: Rs 1,00000
Equipment Parts Inventory: Rs 100,000
Raw Material Inventory: Rs 80,000
Upfront Building Rent: Rs 120,000
Cash: Rs 150,000
Total Working Capital: Rs 400,000
__________________________________
Total Project Cost: Rs 23,50000