Summary Statement of Income

Name of Restaurant Abbracci

Description of Period Covered by Statement: 1 Month 4 weeks

Square Footage 4200

Amounts

SALES $
Food ###
Beverage $13,568.00
Total Sales $301,224.00

COST OF SALES:
Food $88,772.88
Beverages $4,292.00
Total Cost Of sales $93,064.88
Gross Profit $208,159.12

OPERATING EXPENSES:
Salaries and wages $60,500.50
Employee benefits $14,100.00
Direct Operating Expenses $23,200.00
Music and Entertainment $6,000.00
Marketing $8,500.00
Utility services $10,000.00
General and Administrative Expenses $19,700.00
Repairs and maintenance $8,900.00
Occupancy Cost ( Rent) $4,200.00
Property Taxes Included in rent
Other Taxes Included in rent
Insurance Included in rent
Depreciation $1,500.00
Other Income $0.00
Total Operating Expenses $156,600.50

Operating Income $51,558.62

Interest $10,600.00

Income Before Taxes $40,958.62

Income Taxes $5,400.00

Net Income $ $35,558.62

DO NOT PUT DATA IN YELLOW COLUMS THEY ARE FORMATTED

 Ideal
Percentages percentages

%
95.50% 100.00%
4.50%
100.00% 100.00%

30.86% 32.00%
0.00%
30.86%
69.10% 68.00%

20.08% 25.00%
4.68% 5.00%
7.70% 8.00%
1.99% 2.00%
2.82% 3.00%
3.32% 3.50%
6.54% 6.50%
2.95% 3.00%
5.00% 5.00%

0.50% 0.50%
0.00%
55.59% 61.50%

17.12% 9.00%
 3.52% 3.50%

13.60% 5.00%

1.79% 1.75%

11.80% % 3.00%