Bar & Restaurant Financial Projections Template

Purchase our bar financial projection excel template for your business from ProjectionHub. Create investor and lender-ready projections in less than one hour with a bar profit and loss statement template. Buy a bar accounting spreadsheet online at ProjectionHub.

How it works?

Template price: $

79

  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

Our CPA developed bar & restaurant spreadsheet templates lets you create professional projections

Create investor- and lender-ready projections in hours, not days.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Our CPA built this template specifically for bars to develop realistic industry standard projections based on your specific plans, size and location. Built for bars, our spreadsheet will satisfy lenders and potential investors.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get a Bar startup costs spreadsheet now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days!

Types of businesses that have used this restaurant & bar financial projection template

Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Download Now

Step 2: Enter your assumptions on the input tabs

Bar Sales Forecast Spreadsheet

  • The revenue model will help you predict your bar revenue and cost of goods sold (direct alcohol and direct labor costs) for up to five years by estimating the total capacity of your bar and predicting how capacity utilization will grow over time. From there, the model estimates customer visits and expected spend per customer for drinks for various times of the day. ​When you input your costs and hourly employee needs, your COGS flow through to the pro forma reports. 

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Bar Expenses Spreadsheet

  • The spreadsheet will help you input your overhead expenses in the operating expense tab. This sheet will  include certain industry standard expenses and amounts to give you a solid starting point. ​ You can enter monthly expenses as fixed amounts or as a percentage of sales for expenses like credit card processing. 

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Core Assumptions Spreadsheet

  • The general assumptions tab will ask you to add your assets like buildings, furniture and equipment.  It will also allow you to enter in startup loans or investments, food and alcohol inventory assumptions, and A/R and A/P assumptions. Once you enter in these core assumptions the model will do the heavy lifting and difficult calculations for you. 

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Bar Salaries Tab

  • The salaries section will help you project the monthly cost of salaried employees, including any taxes and benefits. You will also be able to visualize how much you can take as an owner’s draw each month as well. 

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Step 3: The model is automatically updated based on your assumptions

Bar Financial Projection Template Snapshot

  • The snapshot tab provides key financial information in an at a glance format through various tables, charts and graphs. 

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Projected Financial Statements

  • The financial statements will be provided in both monthly and annual formats for all three standard financial statements (income statement, balance sheet, and cash flow statement). 

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Investor Friendly Template

  • Potential investors can gain greater confidence in their investment by changing any assumptions in the template in order to see how variables change the models. All information is presented in easy to digest formats for any stakeholder.

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Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Bar P&L summary
  • Bar startup costs graph
  • Key industry ratios chart
  • ​​Cash flow from operating visualization ​
  • ​5 years of projected financial statements (monthly and annual)

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  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Download the Template

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

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Questions? Get in touch.
Contact Us

What ProjectionHub Customers Think

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get a Bar startup costs spreadsheet now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
See How
Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How do I start a small bar business?

A well written business plan is a must for you to begin your bar. Specifically, you need to develop a set of financial projections based on your business plan.  Our Bar financial projection template will help you get your numbers into an easily understandable format for potential investors and lenders. You also need to focus attention on securing a location that can attract your target customers. Lastly, you will need to obtain all required licenses and permits.

 

How profitable are bars?

According to Investopedia, an average bar can generate around $25,000 in revenue per month. Your individual profit will vary depending on how effectively you can manage your expenses.  Our spreadsheet can help you predict how profitable your specific bar concept might be based on your assumptions.

 

Why do bars fail?

According to Entrepreneur, there are several key pitfalls you can avoid in order to succeed in your bar business. First, start with enough capital. Second, be very careful of how your initial investment is spent. Third, do not overwork your employees as you will end up paying for it on the backend when you struggle to retain good employees.

 

How much should a bar make a month?

It would vary greatly depending on your location, product offerings, and how well you are able to operate the bar. You need to run the numbers on your specific bar business plan to determine what your upside profitability might look like as well as your downside risk.  Of course, it is possible to make tens of thousands in monthly profit, but also possible to go bankrupt.  The key is to understand what you need to do to reach profitability.

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