Templates Restaurant
Restaurant · Financial model

Restaurant Financial Model Template

Restaurants win or lose on prime cost — food plus labor as a share of sales. This template builds revenue from covers and average check, tracks food and labor cost against industry benchmarks, and carries fixed costs like rent through to cash.

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What this template builds

  • Revenue from covers × average check (dine-in + takeout)
  • Food cost (COGS) as a percent of sales
  • Labor cost and prime cost tracking
  • Rent, utilities, and fixed operating costs
  • Full 3-statement forecast with cash flow

Key drivers & benchmarks

The numbers that shape a Restaurant model — and roughly where healthy businesses land.

Food cost28–35%COGS as % of sales
Labor cost25–35%Including management
Prime cost≤ 60–65%Food + labor combined
Occupancy (rent)6–10%Rent as % of sales

Frequently asked

What is prime cost in a restaurant model?
Prime cost is food cost plus labor cost as a share of sales — the single most important number in restaurant economics. Keeping it at or below 60–65% is the difference between a profitable venue and a struggling one.
How do you forecast restaurant revenue?
Forecast covers (guests served) multiplied by average check, split across dine-in and takeout if relevant, then ramp it as the concept matures and seasonality kicks in.
Build your Restaurant model now

Describe your business in a sentence and AI assembles the full 3-statement model — then edit every assumption yourself.

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