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EDA Packet 08.21.18
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EDA Packet 08.21.18
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12/7/2018 3:29:03 PM
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12/7/2018 3:23:16 PM
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Commissions
Meeting Date
8/21/2018
Document Type
Agenda/Packets
Commission Name
EDA
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Managers, Shift Leads, an Executive Chef, and Sous Chef. Cozzies will also employ an <br />Event Coordinator that will work closely with the owners to manage leagues, <br />promotions, and special events. <br />8.0 Financial Plan <br />The following sections outline our financial plan: <br />• Required Cost of Start-up <br />• Profit and Loss <br />• Cash Flow <br />• Balance Sheet <br />• Financial Ratios <br />• Hourly Labor Costs <br />• Food Costs <br />• Weekly Sales <br />8.1 Important Assumptions <br />• Meal Price Range from $5 - $30 depending upon if prime rib dinners and fish <br />fry's are offered. Overall, most items will be between $9 - $14 dollars <br />• Average Lunch Price $9-$12 <br />• Average Dinner Price $10-$15 not including alcoholic drinks <br />• Happy Hour Prices same is Stillwater location <br />• The restaurant is comprised of 4800 square feet inside and plus a finished <br />outdoor space which will include a covered patio and paved patio <br />• The indoor dining room will be comprised of 118 seats plus a separate <br />party/event room that will accommodate up to 60 people. Cozzies will need <br />ample parking spaces to meet the needs of customers <br />• The restaurant will employ 40-50 employees <br />8.2 Start Up Costs <br />This section will also be completed once an agreement has been made and a contract <br />is in place to move forward. <br />8.3 Source and use of funds <br />8.4 Projected profit and loss <br />Appendix's <br />A. Menu <br />B. B. Site blue print preliminary plan <br />19 <br />
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