Free Cafe Income Statement Template
Cafe Income Statement
This income statement presents the financial performance of [Your Company Name] for the fiscal year ending [Month Day, Year]. This statement provides a detailed overview of the cafe's revenues, expenses, and net income, offering insights into the profitability and financial health.
|
Category |
Amount |
|---|---|
|
Revenues |
|
|
Sales Revenue |
$550,000 |
|
Other Income |
$15,000 |
|
Total Revenues |
$565,000 |
|
Cost of Goods Sold (COGS) |
|
|
Cost of Goods Sold |
$220,000 |
|
Gross Profit |
$345,000 |
|
Operating Expenses |
|
|
Salaries and Wages |
$120,000 |
|
Rent |
$60,000 |
|
Utilities |
$18,000 |
|
Marketing and Advertising |
$15,000 |
|
Depreciation |
$12,000 |
|
Supplies |
$10,000 |
|
Insurance |
$8,000 |
|
Repairs and Maintenance |
$5,000 |
|
Miscellaneous Expenses |
$4,000 |
|
Total Operating Expenses |
$252,000 |
|
Operating Income |
$93,000 |
|
Other Expenses |
|
|
Interest Expense |
$7,000 |
|
Total Other Expenses |
$7,000 |
|
Net Income Before Taxes |
$86,000 |
|
Income Tax Expense |
$25,800 |
|
Net Income |
$60,200 |
The income statement of [Your Company Name] for the fiscal year ending [Month Day, Year], demonstrates a solid financial performance with total revenues amounting to [$565,000] and a net income of [$60,200]. The cafe's gross profit of [$345,000] highlights effective cost management in goods sold, while the operating expenses are well-controlled, ensuring sustainable operational profitability. The net income before taxes stands at [$86,000], showcasing the cafe's ability to generate a healthy profit before accounting for tax liabilities. The final net income after taxes, amounting to [$60,200], reflects the overall successful financial management and operational efficiency of [Your Company Name]. This positive financial outcome positions [Your Company Name] favorably for future growth and expansion.
