Income Statement

Income Sta
Month 1 Month

Sales

Food Sales 78%

Beverage Sales 22%
Total Sales $551,275.00

Cost of Sales

Food Cost $171,129.00

Beverage Cost $23,453.00
Total Cost of Sales $194,582.00

Gross Profit $356,693.00

Expenses
Salaries and Wages 41% $ 79,778.62
Employee Benefits/Taxes $57,685.00 $57,685.00
Direct Operating Costs $10,655.00 $10,655.00
Music & Entertainment $5,333.00 $5,333.00
Advertising/Promotion 8.8% $ 17,123.22
Utility/Services $12,235.00 $12,235.00
Repairs & Maintenance 1.8% $ 3,502
Occupancy Costs $5,152.00 $5,152.00
Depreciation 1.8% $ 3,502.48
General and Administrative $2,335.00 $2,335.00
Interest $6,564.00 $6,564.00
Total Operating Expenses $203,865.79

Net Profit Before Income Tax $152,827.21

 Income Statement Income Statement
Month 2 Fiscal YR 2020

78.5% 78%
21.5% 21.8%
$641,583.00 $ 596,429.00

$181,979.00 $176,554.00
$29,785.00 $26,619.00
$211,764.00 $203,173.00

$429,819.00 $393,256.00

42.1% $ 89,152.64 $84,465.63

$66,925.00 $66,925.00 $62,305.00
$12,645.00 $12,645.00 $11,650.00
$5,233.00 $5,233.00 $5,283.00
7.5% $ 15,882 $16,502.76
$14,155.00 $14,155.00 $13,195.00
1.8% $ 3,812 $3,657.11
$6,659.00 $6,659.00 $5,905.50
1.6% $ 3,388 $3,445.35
$3,055.00 $3,055.00 $2,695.00
$7,654.00 $7,654.00 $7,109.00
$228,560.92 $216,213.35

$201,258.08 $177,042.65