Restaurant Income Statement
Restaurant Income Statement
This income statement provides a detailed view of the financial performance of [Your Company Name] for the fiscal period ending [Month Day, Year]. It includes revenue generated from major income streams and a comprehensive breakdown of expenses to present the net income for the period.
I. Revenue
The following table outlines the primary sources of revenue for the given period:
|
Description |
Amount |
|---|---|
|
Food Sales |
$30,000 |
|
Beverage Sales |
$10,000 |
|
Other Income |
$2,000 |
|
Total Revenue |
$42,000 |
II. Cost of Goods Sold (COGS)
The table below shows the direct costs associated with the production of the restaurant's goods:
|
Description |
Amount |
|---|---|
|
Food Ingredients |
$12,000 |
|
Beverage Ingredients |
$4,000 |
|
Packaging |
$1,000 |
|
Total COGS |
$17,000 |
III. Gross Profit
The table below showcases the gross profit of the restaurant for the specified period:
|
Description |
Amount |
|---|---|
|
Total Revenue |
$42,000 |
|
Total COGS |
$17,000 |
|
Gross Profit |
$25,000 |
IV. Operating Expenses
The table below details the operating expenses incurred during the given period:
|
Description |
Amount |
|---|---|
|
Salaries and Wages |
$8,000 |
|
Rent |
$3,000 |
|
Utilities |
$1,200 |
|
Marketing and Advertising |
$1,000 |
|
Miscellaneous Expenses |
$1,800 |
|
Total Operating Expenses |
$15,000 |
V. Net Income
The following table presents the net income derived from the Total Operating Expenses from the Gross Profit:
|
Description |
Amount |
|---|---|
|
Gross Profit |
$25,000 |
|
Total Operating Expenses |
$15,000 |
|
Net Income |
$10,000 |
VI. Conclusion
This concludes the Income Statement for [Your Company Name] for the period ending on [Month Day, Year] with a net income of [$10,000]. This income statement reflects the financial health of the restaurant for the specified period, providing a detailed breakdown of revenues, expenses, and net income. For any inquiries or further information, please contact [Your Name] at [Your Email].
