Monday 24 June 2013

Case Study: Using QuickProfitSim To Do a Feasibility Analysis (1)

Business Investigated: Boutique Restaurant





Business Parameters:

Meals

Types of Meals Served Daily: 12
Average Price Per Meal: $ 80
Average Number of Meals Served Daily (Per type of Meal): 4


Management

How Many Days Open Per Month: 30
Internal Costs Daily - Power/Machinery: $ 200
Operational Costs Per Day: $ 800
Petty Expenses Per Day: $ 300

Staff

How Many Chefs Cook Each Meal: 1
How Much Per Hour Does Each Chef get Paid: $ 25
Average Cooking Time Per Meal: 0.75 hours (45 minutes)







Plugging these values into QuickProfitSim gives us: $ 49,200 profit per month! (see above image)

So a boutique restaurant serving 12 types of meals with an average demand of 4 meals per type of meal a day at $80 a plate on average, working 30 days a month, with a total of $1300 a day in operational and internal expenses, and paying each chef $25 an hour can expect to make:

$ 49,200 in profits every month! And this was estimated in 1 minute by QuickProfitSim. Download the app now and use for your business ideas and planning.

The MDS Dev Team

info@montydimkpa.com
www.montydimkpa.com

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