Capital West Advisors has developed restaurant business plans for over 30 restaurants including restaurant chains, restaurant franchisors, restaurant franchisees, fast-food restaurants, casual restaurants, elegant restaurants, delis, bakeries, and cafes. All 3 CWA Managing Directors have experience with restaurants. Also, CWA has 2 Associates with strong experience developing restaurant business plans.
Unique Elements of a Restaurant Business Plan
The market section of a restaurant business plan should include national market data on the specific restaurant category of the business, a target consumer profile, and demographic information of the particular city that the restaurant will operate in. The profile of direct competitors should focus on a small radius (typically 5 to 15 miles) and include nearby restaurants that operate in the same category. The operational plan should plan the several operational process of a restaurant and identify the several vendors of the restaurant. A restaurant business plan is typically approximately 40 to 45 pages in length. Restaurant business plans typically range from $2350 to $3250 to develop a full business plan.