Europa - Sample Cafe & Restaurant Business Plan

EUROPA CAFÉ & RESTAURANT 15 © BPLANEXPERTS.COM Top 10 Cuisines in the world 8 1. French Cuisine. 2. Italian Cuisine. 3. Chinese Cuisine. 4. Indian Cuisine. 5. Thai Cuisine. 6. Mexican Cuisine. 7. Japanese Cuisine. 8. Spanish Cuisine. 9. Greek Cuisine. 10. Lebanese Cuisine. Industry Facts  US Restaurants o Restaurants will have provided more than 70 billion meal and snack occasions in 2010. o On a typical day in America in 2010, more than 130 million people were foodservice patrons. o 44% of adults say restaurants are an essential part of their lifestyles. o 65% of adults say their favorite restaurant foods provide flavor and taste sensations that can’t easily be duplicated in their home kitchens. o Restaurant ‐ industry sales are forecast to equal 4% of the U.S. gross domestic product in 2010. o The overall economic impact of the restaurant industry exceed $1.5 trillion in 2010. o Every dollar spent by consumers in restaurants generates an additional $2.05 spent in the nation’s economy. o Each additional dollar spent in restaurants generates an additional $0.82 in household earnings throughout the economy. o Every additional $1 million in restaurant sales generates 34 jobs for the economy. o Eating ‐ and ‐ drinking places are mostly small businesses. Ninety ‐ one percent have fewer than 50 employees. o More than seven of 10 eating ‐  and drinking place establishments are single ‐ unit operations. o Average unit sales in 2007 were $866,000 at full ‐ service restaurants and $717,000 at quick service restaurants. o The restaurant industry employs about 12.7 million people, or 9% of the U.S. workforce. o The restaurant industry is expected to add 1.3 million jobs over the next decade, with employment reaching 14 million by 2020 9 . 8 http://blog.hotelclub.com/top ‐ 10 ‐ international ‐ cuisine/ 9 http://www.restaurant.org/pdfs/research/2010Forecast_PFB.pdf