If you started a fast food business today, what would be the costs you would need to meet? What would be the projected profits?

This is the subject that David Kiprono Kalya who runs a small businesses platform delved into and provided costs breakdown for starting a fast food business in an area with good flow of people.

Here, Kalya, who is also a tech expert,  focused on a breakdown of costs and requirements when looking to start a fast food business in Kenya which you can adjust to your situation.

This is a small business plan for a fast food restaurant in a medium-population area. The numbers are indicative, and you can use your computational data based on your ground research.

Please do not be lazy; I’ve done the more significant part of making you visualize the idea, now make it work.

Executive Summary:

ABCD Foods is a fast food restaurant located in a medium-population town in Kenya. The restaurant will provide high-quality fast food at affordable prices to the residents and visitors.

Our primary focus will be on providing customers with excellent service, delicious food, and a pleasant dining experience. Our restaurant will target local families, students, and professionals.

We plan to achieve success by offering a unique menu, exceptional service, and a welcoming atmosphere.

Management Structure:

ABCD Foods will be managed by a team of experienced professionals in the food service industry. The management team will consist of a General Manager, Kitchen Manager, and Assistant Manager.

The General Manager will oversee all operations of the restaurant, including staffing, financial management, and customer service.

The Kitchen Manager will be responsible for managing and supervising the kitchen staff, ensuring that food quality is maintained, and managing inventory.

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The Assistant Manager will assist the General Manager in managing the front of the house, including customer service, ordering supplies, and managing the dining area.

Operational Costs:

The operational costs for ABCD Foods will include rent, utilities, labor, supplies, and marketing expenses. The estimated monthly operational costs are as follows:

– Rent: KES 50,000
– Utilities: KES 10,000
– Labor: KES 100,000
– Supplies: KES 50,000
– Marketing: KES 20,000

Total Monthly Operational Costs: KES 230,000

Cost of Equipment:

The cost of equipment for ABCD Foods will include kitchen equipment, furniture, and fixtures. The estimated cost of equipment is as follows:

– Kitchen Equipment: KES 500,000
– Furniture and Fixtures: KES 200,000

Total Cost of Equipment: KES 700,000

Revenue Projections:

Based on market research and analysis, we project that ABCD Foods will generate the following revenue over the next 18 months:

– Month 1-6: KES 1,500,000
– Month 7-12: KES 2,000,000
– Month 13-18: KES 2,500,000

Projected Profit:

Based on our revenue projections and estimated operational costs, we project that Flipfrys will generate the following profit over the next 18 months:

– Month 1-6: KES 270,000
– Month 7-12: KES 540,000
– Month 13-18: KES 810,000

Kitchen Equipment Budget Costs:

The kitchen equipment budget costs for ABCD Foods are as follows:

– Deep Fryer: KES 80,000
– Griddle: KES 70,000
– Refrigerator: KES 150,000
– Freezer: KES 100,000
– Oven: KES 100,000

Total Kitchen Equipment Budget Costs: KES 500,000

Furniture and Fixtures Budget Costs:

The furniture and fixtures budget costs for ABCD Foods are as follows:

– Tables and Chairs: KES 100,000
– Lighting: KES 20,000
– Decorations: KES 30,000
– POS System: KES 50,000

Total Furniture and Fixtures Budget Costs: KES 200,000

Conclusion:

ABCD Foods is a promising fast food restaurant that is poised to provide quality meals to the local residents and visitors at affordable prices.

With a strong management team, unique menu, excellent customer service, and welcoming atmosphere, we are confident that we will succeed in this venture.

Our revenue projections and profit margins over the next 18 months are promising, and we look forward to serving our customers with delicious food and a fantastic dining experience.