• 125-rooms/keys
• A 65-seat coffee shop
• A75-seat dining room
• A 90-seat cocktail lounge
• The operating budget for the first year (365 days)

• Food and Beverage Department
  • Food
    • The dining room is open 6 days a week, 52 weeks a year for lunch and dinner only.
    • Lunch seat turnover is 1.5, with an average food check of $28.00.
    • Dinner seat turnover is 1.0, with an average food check of $44.00.
    • The coffee shop is open 7 days a week for all meal periods.
      • Breakfast seat turnover is 1.0, with an average food check of $15.00
      • Lunch seat turnover is 1.5 with an average food check of $25.00
      • Dinner seat turnover is 0.75, with a $30.00 average food check.
    • The cocktail lounge serves an estimated 20 food orders per day, with an $18.50 average check.
      • The lounge is closed on Sundays and certain holidays and only operates for 310 days during the year.
• Beverage
  • Operates 310 days a year
  • Each seat in the cocktail lounge is expected to generate $5,250 per year

• • In addition, the lounge revenue will reflect alcoholic beverages served in the coffee shop and dining room.
    • Coffee shop
      • Beverage revenue is estimated to be 25% percent of combined lunch and dinner food revenue
    • Dining room
      • Beverage revenue is estimated to be 30% of combined lunch and dinner food sales revenue.
• Department Expenses
  • Total fixed payroll costs equal $787,315
  • Total variable payroll costs equal 10% of total food and beverage revenue
  • Fringe benefits equal 18% of total food and beverage revenue
  • Other costs are based on a percentage of total food revenue:
    • Food cost is 25% of food revenue
    • Beverage cost is 20% of total beverage revenue.
    • Laundry and linen 6% of total food and beverage revenue
    • SuppliesFood 8% of total food revenue
    • SuppliesBeverage 5% of total beverage revenue
    • Miscellaneous Operating Expenses 3% of total food and beverage revenue
  • use the information to complete the template below: Assumptions (Formula)
  • 

Food & Beverage Department Assumption Food Guests Avs. Check Food Revenue Food Guests Dining Room Lunch Dining Room Dinner Coffee Shop Breakfast Coffee Shop Lunch Coffee Shop Dinner Cocktail Lounge Budget Food Revenue Dining Room Cotfee Shop Cocktail Lounge Total Food Revenue Beverage Revenue Dining Room Cotfee Shop Cocktail Lounge Total Beverage Revenue Total Food and Beverage Revenue Cost of Sales Food Cost of Sales Beverage Cost of Sales Total Costs of Sales Gross profit Payroll Expenses Management Payroll Non Management Payroll Total Payroll Benefits Expense Total Payroll Expenses Other Operating Expenses Linen and Laundry Supplies Food Supplies-Beverage Miscellaneous Operating Total Other Expenses F&B Departmental Profit/Loss)