Budgets Built for the Restaurant Owner
Start driving profits today!
The difference between profits and locking the doors for the last time
Mastering your financial metrics can be the difference between a successful restaurant or locking the doors permanently.
After spending nearly a decade working with hospitality businesses large ($10’s of millions in revenue) and small, I believe all owners and operators must know their metrics like the back of their hand.
I’ve built the most comprehensive Restaurant Financial Model that comes with Summary, Profit and Loss Statement, Statement of Cash Flows, and Capital Budget models to help you make insightful decisions and hit your goals.
Want to get a grasp of your Restaurant Finances? Here’s your chance!
Forecast any type of hospitality business
The RestaurantAccounting.net financial models are built to help hospitality entrepreneurs create financial projections for any type of restaurant business. The models provide an increasing amount of prebuilt detail and structure, from the least – 1 Year Budget – to the most – 5 Year Financial Model.
Restaurant Financial Models
5 Year Financial Model
5 Year Financial Model $249 USD- Pre-built Profit and Loss, Balance Sheet and Cash Flow – for 5 years
- Sales projection worksheet with increases and seasonality
- Hourly and Salary Labor Cost Projection with built in bonus structure
- Pre-built revenue and expense drivers
- Annual Operating Projection – Detail
- Annual Operating Projection – Summary
- Perfect for Fundraising
2 Year Financial Model
2 Year Financial Model $199 USD- Pre-built Profit and Loss, Balance Sheet and Cash Flow – for 2 years
- Sales projection worksheet with increases and seasonality
- Hourly and Salary Labor Cost Projection with built in bonus structure
- Pre-built revenue and expense drivers
- Annual Operating Projection – Detail
- Annual Operating Projection – Summary
Annual Budget
1 Year Financial Model $139 USD- Pre-built Profit and Loss, Balance Sheet and Cash Flow
- Sales projection worksheet
- Hourly and Salary Labor Cost Projection
- Pre-built revenue and expense drivers
- Annual Operating Projection – Detail
- Annual Operating Projection – Summary
How do the restaurant financial models compare?
All RestaurantAccounting.net models are built to solve for the same problem – creating a forecast for restaurant business – but with different levels of detail, to acknowledge the needs of restaurant owners at different stages. All models use the same core structure, making upgrading between models easy in the majority of cases. My general rule is to start with the model that has less detail – just enough to accomplish what you need – and then either build in what you need (all cells and formulas are unlocked) or upgrade to a more advanced model with more features prebuilt. Below are the key differences between the RestaurantAccounting.net models.
| Model | 5 Year Model | 2 Year Model | Annual Budget |
|---|---|---|---|
| Price | $249 | $199 | $139 |
| Time Scale | 5 years | 2 years | 1 year |
| Cost Budgeting | ✔️ | ✔️ | ✔️ |
| Charts & Reports | ✔️ | ✔️ | ✔️ |
| Consolidated Financial Statements | ✔️ | ✔️ | ✔️ |
| Detailed Financial Statements | ✔️ | ✔️ | ✔️ |
| Prebuilt Revenue Forecasts | ✔️ | ✔️ | ✔️ |
| Sales Projection Worksheets | ✔️ | ✔️ | ✔️ |
| Hourly & Salary Labor Cost Worksheets | ✔️ | ✔️ | ✔️ |
Get specific by restaurant type
The RestaurantAccounting.net customized financial models are built to help hospitality entrepreneurs create financial projections for specific types of restaurant businesses. The models provide prebuilt detail and structure, for specific types of restaurants – from full-service to ghost kitchens. All the restaurant-specific models are built off of the 5-year financial model outlined above.
Restaurant Financial Models by Type
Full Service
5 Year Financial Model $349 USD- Configured Specifically for Full Service
- Includes both a blank and pre-filled model
- Contains everything from the 5 year financial model above such as financial statements, sales projections, labor projections and much more
Quick Service
5 Year Financial Model $349 USD- Configured Specifically for Quick Service
- Includes both a blank and pre-filled model
- Contains everything from the 5 year financial model above such as financial statements, sales projections, labor projections and much more
Bar/Lounge
5 Year Bar Financial Model $349 USD- Configured Specifically for Bars & Lounges
- Includes both a blank and pre-filled model
- Contains everything from the 5 year financial model above such as financial statements, sales projections, labor projections and much more
Ghost Kitchen
5 Year Financial Model $349 USD- Configured Specifically for Ghost Kitchens
- Includes both a blank and pre-filled model
- Contains everything from the 5 year financial model above such as financial statements, sales projections, labor projections and much more
Why RestaurantAccounting.net financial models?
Excel
- Excel financial model
- Built for PC or Mac
- Not for Google Sheets
Unlocked
- Entire model is editable by you
- Nothing is locked or restricted
Integrated
- Fully integrated model
- Each sheet acts as a module connected to each other and updates immediately
Easy to maintain
- Designed to be easily updated monthly
- Simply change the forecast month and add in your new month of actuals
Simple
- Do things quickly or in a lot of detail
- Everything works out of the box
- Just input assumptions
Support
- I answer simple questions by email within 24 to 48 hours
- For more complex items you can also hire me to help on whatever you need
Who built this model, anyway?
Zachary is an outsourced financial controller and CFO for startups and restaurants across the country. His clients vary from fundraising/pre-revenue to $20 million in annual sales. He has worked with multi-unit operations with 20+ entities. Through his multiple bestselling books and guides, he has been able to help thousands of business owners to manage their finances better.
Sample screenshots
What Clients Are Saying About Zachary Weiner’s Work
‘Zac has been a superb asset and instrumental to our financial success. His great attention to detail, professionalism and strong diligence in understanding our wants and needs made a huge positive impact on the company.
It was our first time hiring a Chief Financial Officer, but with his amazing experience and initiative to bring all the best of an essential team player – responsible, takes ownership, proactive, collaborative, and kind—he has helped build solid process and communication that allowed us to operate at a strategic level.
Overall, he did a tremendous job as he skillfully applied his knowledge and went beyond our expectations.
If you want your financials in safe hands, we strongly recommend Zac!’
Ning (Amelie) Kang– MALA PROJECT (NEW YORK, NY)
‘Zachary Weiner has been our hospitality company’s finance consultant for almost a year. We came to him to help create a better foundation for future growth of our units and concepts. He has not only helped us in that pursuit, but also identified some pre-existing accounting and financial issues that needed to be fixed. In addition, he uncovered some significant sales tax-related errors that allowed us to recover thousands of dollars that had been overpaid by a previous CPA.
Zac has extensive The Restaurant CFO knowledge and experience; however, as technically capable as he is, he possesses a unique ability to communicate in an approachable and educational way. We appreciate Zac’s expertise and manner and would highly recommend him to any business looking for a trusted financial partner for the full spectrum of needs from basic foundational accounting to complex CFO-like engagement. ‘
IVO SCHILBACH – TAPPED PUBLIC HOUSE (SEATTLE, WA)
‘Zachary Weiner has been our hospitality company’s finance consultant for almost a year. We came to him to help create a better foundation for future growth of our units and concepts. He has not only helped us in that pursuit, but also identified some pre-existing accounting and financial issues that needed to be fixed. In addition, he uncovered some significant sales tax-related errors that allowed us to recover thousands of dollars that had been overpaid by a previous CPA.
Zac has extensive The Restaurant CFO knowledge and experience; however, as technically capable as he is, he possesses a unique ability to communicate in an approachable and educational way. We appreciate Zac’s expertise and manner and would highly recommend him to any business looking for a trusted financial partner for the full spectrum of needs from basic foundational accounting to complex CFO-like engagement. ‘
IVO SCHILBACH – TAPPED PUBLIC HOUSE (SEATTLE, WA)
Frequently Asked Questions
Which model is right for me?
The 1 and 2 year financial models are built to help restaurant entrepreneurs create financial projections for their business. The short window makes it not as well equipped for fundraising or more complex restaurant businesses.
The 5 year model is the best option for most restaurant businesses. The financial core contains all the details and reports necessary to build and present your financial model to management and investors and make significant business decisions.
How do I use the models?
RestaurantAccounting.net models are Microsoft Excel™ files, and they are available for download immediately after purchase. You can also re-download them at any time in the future through your account on this site, and new versions are distributed to you by email for free.
The best way to use the templates is to first create a copy of the file you downloaded, rename it to something that makes sense to you, then open up the file in Excel and start to familiarize yourself with how the model is structured. The models are extensively documented throughout, with notes and explainers on almost every line noting what the calculation is doing and it’s intent.
What software do I need?
RestaurantAccounting.net models are Microsoft Excel™ files, and they are available for download immediately after purchase.
I recommend using Excel or Google Sheets™ for financial modeling, both in general and for RestaurantAccounting.net templates specifically. In practice, I use Excel to build and edit models, and Google Sheets to share or collaborate with users. Excel is usually a faster platform for building models, but Sheets can be easier for sharing models with people.
RestaurantAccounting.net models can be used in both Excel and Google Sheets interchangeably; simply upload the Microsoft Excel model template from RestaurantAccounting.net into Google Sheets, and everything will work fine.
How long will it take to build a model?
It generally takes about an hour or two to go through the setup on the assumptions tab, and input the operating expenses and hiring plan on the Costs sheet. Once you have a first draft of the model with the basic information, I find it takes another hour to adjust the inputs to create a set of forecasts that makes sense for your business, meaning the growth in revenues, gross margins, and net profit margins “make sense”.
If you are inputting past operational or financial data and creating rolling forecasts, or have a more complex business, it can take more time to get the added data into the model. If you are creating your own revenue model from scratch (modifying from what’s provided), obviously the amount of time it takes is completely dependent on the complexity of your business, the level of detail you are modeling, and your own skills at spreadsheets and financial modeling.
Can I edit the models?
Of course! All formulas, cells and sheets are completely open, so you can edit anything to your liking. Each row on every sheet has a note about what that row’s calculations are trying to do, and many of the components are explained throughout, so that you can see how I did it – and help you figure out how to change it to your liking.
Do you provide support?
Yes! You can email me anytime and I’ll try to respond as fast as I can. I’m always happy to help. People say I provide good support, for what it’s worth.
Email support on how to use the models is free anytime, but I also offer a 1 hour Get Started package which combines help on getting started using the model – walking through the inputs and structure with you on a phone call or screen-share, helping you set it up for your needs – and basic customization if necessary. This Get Started support can be purchased anytime: at the time of model purchase or anytime thereafter.
Do you build custom models?
Yes. I work with restaurants, startups, and investment funds, assisting with financial models for fundraising, capital planning, and market development strategy. I am an experienced restaurant CFO, and I’ve worked with hundreds of companies throughout my career.
Feel free to reach out directly at hello@therestaurantcfo.com.
Can I upgrade after purchasing?
Yes. If you find that you need more detail or structure from a more advanced model, you can apply your purchase towards a more advanced model. The structures are fairly consistent so it’s usually fairly easy to take any inputs from your existing model and use it in a more advanced model.
It’s a manual process for me to process an upgrade purchase, and I like to talk to you to make sure the more advanced model will be helpful for what you want to accomplish, so simply email me at hello@restaurantaccounting.net to learn more.
Can I get a refund?
Sorry, but no. (Here’ why) If you have any questions about the applicability of the models for your business or questions about the models, email me before purchase at hello@therestaurantcfo.com so we can chat or schedule a demo.
After purchase, I generally offer exchanges, upgrades, and downgrades to help you find the model that is the right fit for you. In all cases, just contact me.
Is payment secure?
Yes. We accept credit cards, debit cards, and PayPal, and payments are handled by Stripe and PayPal. All transactions are TLS / SSL secured and no payment details are stored by TheRestaurantCFO.com
You’ll get a payment receipt by email immediately after purchase, and you can generate an official invoice through that receipt.
