Bar Financial Model

The Bar Financial Model You Need

The difference between profits and locking the doors for the last time

Mastering your financial metrics can be the difference between a successful bar 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 5 Year Bar 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!

Click the button below and download the 5 Year Bar Financial Model now.

---

5 Year Bar Financial Model – $349

---

Model Highlights

Five-year financial model template for Excel with prebuilt three statements – consolidated income statement, balance sheet, and statement of cash flows – and key charts, summaries, metrics, and funding forecasts. Used by bar companies of all types (dive bar, sports bar, full service, quick service, bar, cocktail lounges, and more). Works for food, beverage merchandise, and more. Unlocked – edit anything – last updated in November 2023.

Made by a professional modeler with 10+ years of experience

Key Features

---

5 Year Bar Financial Model – $349

---

What’s Inside the Model

Summary Page

Consolidated 30,000 foot view of the restaurant’s financial performance over the next 5 years. Great for stakeholder reporting (or fundraising decks).

Key Reports

Track key metrics on the future performance of your restaurant business with detailed reportings ready to be saved and printed.

Forecasting Engine

Need a fully customizable expense or revenue scenario? Well, have no fear RestaurantAccounting.net is here 🙂

Inputs

Pre-built restaurant-specific input worksheet allowing you to customize to suit your restaurant needs. Salary employees, hourly employees, covers, sales, food costs, and controllable expenses all in one place.

Monthly Financials

Profit and loss, balance sheet, and cash flow outputs on a monthly basis all in one place. See how your inputs directly affect your restaurant’s future performance.

Annual Financials

Profit and loss, balance sheet, and cash flow outputs on an annual basis all in one place. See how your inputs directly affect your restaurant’s future performance.

Capital Budget

Not sure how much to spend building out your next project? See how your build-out, building purchase or pre-opening costs directly affect your balance sheet and future cash needs.

Sample Screenshots

Product & Support Options

Want a More Detailed Model?

If you’re looking for a model already streamlined for your restaurant business – look no further.

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@restaurantaccounting.net

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@restaurantaccounting.net 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 RestaurantAccounting.net.

You’ll get a payment receipt by email immediately after purchase, and you can generate an official invoice through that receipt.