RESEARCH CASES · Partial evidence and planning assumptions
Texas / Austin · Research partial

Restaurant
in Austin.

This scenario earns an operating margin, but ramp losses and pre-opening spending leave launch payments unrecovered within 60 months. A paid replacement manager is included.

This is a city planning case, not a Texas average. Local sources are combined with national prices and explicit assumptions.

Base planning scenario$350,812

Capital including operating reserve and undrawn contingency.

$3,089 normalised monthly EBIT
104 guests/day for EBIT break-even

Change the assumptions ↓

Conditional result · source-checked inputs do not validate demand.

This hypothetical restaurant assumes usable existing kitchen infrastructure and a light refresh. No premises, signed lease, contractor quote, supplier-priced recipe budget or achieved sales has been verified for this business.

One specific operating format.

Leased footprint
1,800 sq ft
Seats
48
Service
Casual full service; lunch and dinner
Trading schedule
26 days/month · 8 service hours/day

Existing restaurant infrastructure, leased; functional extraction and grease systems assumed. No purchase of the predecessor business, goodwill or key money included.

48 seats × 3 whole-day seat turns = 144 guests/day. Turns are a planning ceiling, not measured demand. Kitchen and service coverage still need a timed trial.

No alcohol, drive-through or delivery platform. Service-included pricing; no tip credit and no customer tips in the cash model.

What is sourced, and what is modeled?

Published items include equipment offers, selected menu prices, May 2025 wage benchmarks and scoped government fees. Daily demand, achieved check, site condition, paid roster and unquoted expenses are assumptions. All three research records remain partial.

Your assumptions / connected results

Test the plan before trusting the headline.

Downside, Base and Upside change conditions of this same format. They are authored scenarios, not measured probabilities or confidence intervals.

Price anchors: S067 · S068
Asking rent context: S062 · S063 · S064 · S065 · S066
Changing these fields does not transform assumptions into local observations.

Capital incl. all reserves$350,812
Normalised mature EBIT$3,089
Whole-day EBIT sales target104guests / open day · within stated capacity
Sustained project paybackNot within 60 monthsBefore financing & income taxes

Calculated planning scenario. Full paid team; no tips. Mature results use normalised annual payroll and renewal expenses, with month-12 depreciation. Year 1 below follows the ramp and cash schedule. Monetary headlines round to whole dollars; exports retain cents.

01 / Cash before opening

Fund the launch and the slow months.

Pre-opening payments U₀
Use of fundsUSD
Design, legal and accounting setup allowanceAssumption$8,500
Dining furniture and smallwares allowanceAssumption$12,000
POS, network and hardware setup allowanceAssumption$2,500
Pre-opening manager time and team training allowance, employer costs includedAssumption$26,000
Branding and signage allowance, installed and tax inclusiveAssumption$5,000
Launch marketing allowanceAssumption$3,000
Refundable utility deposits allowanceAssumption$2,500
Insurance during two months of pre-opening worksAssumption$1,000
Utility use during pre-opening worksAssumption$1,000
Required LLC state formation feesPublished input$300
Scoped initial food/local feesPublished input$1,326
Additional approvals and food-safety training allowanceAssumption$2,000
Renovation and installation allowanceAssumption$117,000
Equipment basket, estimated sales tax and fixtures taxInputs + assumptions$33,172
Refundable lease depositAssumption$10,500
Rent during pre-opening worksAssumption$10,500
Opening ingredients and consumablesAssumption$5,000
Total payments before openingRefundable deposits and opening stock are assets, not operating expenses.$241,298
Scenario funding requirement$350,812

$241,298 pre-opening payments
+ $87,534 operating cash reserve
+ $21,981 undrawn works/equipment contingency

Reserve has a reason.

$87,534 = $62,534 maximum cumulative operating deficit + $25,000 cash floor. The deepest modeled deficit occurs in month 5.

The additional 15% contingency on construction and equipment stays in cash until used; this scenario assumes no draw. Funding includes it, while payback excludes unspent reserves. Two months of pre-opening rent cover works before M1; the deposit is separate.

Rent basis: S062 · S063 · S064 · S065 · S066
Scoped permits: S055 · S056 · S057 · S058 · S060

02 / The operating test

Does the paid business support itself?

Normalised mature month · USD
Revenue and expenseAmount
Net revenue110 guests/day × 26 days × $28.00; tax excluded.$80,080
Ingredients, consumables and waste32% of net revenue; recipe cost not measured.-$25,626
Card processing90% card share; 2.6% of tax-inclusive processed sales + $0.15 per payment; 2 guests/payment.-$2,222
Cash wages-$32,309
Employer taxes, benefits and workers compensationBenefits 6% and workers compensation 1.5% are unquoted allowances. Tax uses each employee’s annual wage base.-$5,132
Base rent + NNN$3,750 base + $1,500 additional rent.-$5,250
Other operating expenses-$4,600
Annual renewals, normalised monthly-$77
EBITDABefore depreciation, financing and income taxes.$4,864
Depreciation at month 12Straight-line assets; reinvestment cohorts included.-$1,775
Operating profit (EBIT)Not an owner distribution.$3,089

Two break-even thresholds.

EBITDA break-even: $72,623 net revenue/month, or 2,594 whole guests.

EBIT break-even: $75,344 net revenue/month, or 2,691 whole guests.

Analytical fixed costs ÷ contribution per unit, before monthly ledger rounding. A whole-day target rounds daily throughput upward. The target fits the stated capacity; customer demand still needs validation.

Owner labor is already paid.

The team includes $5,417/month gross replacement-manager pay. If the owner performs that role, this is labor compensation already included in costs. Normalised EBIT of $3,089 is the residual project result, not guaranteed spendable owner cash.

Payroll treats the replacement as an employee. An owner’s actual payroll and tax treatment depends on entity/tax status and is outside this project comparison.

Other operating costs, item by item
  • Electricity, gas, water and internet allowance: $1,500/month
  • Business insurance allowance (workers compensation is in payroll): $500/month
  • Ongoing marketing allowance: $700/month
  • Software subscriptions allowance: $250/month
  • Accounting and professional services allowance: $350/month
  • Repairs and maintenance expense allowance: $450/month
  • Waste, pest control and cleaning supplies allowance: $600/month
  • Business property tax and miscellaneous operating allowance: $250/month
03 / First 12 operating months

The first year is not twelve mature months.

Year 1 net revenue$836,836
Year 1 EBIT-$43,451
Year 1 project cash generated-$32,251
Peak operating deficit$62,534

From profit to cash

Year 1 cash bridge
EBIT-$43,451
Add back depreciation$20,857
Add normalised renewal expense$927
Subtract actual renewal cash payments-$0
Subtract change in operating working capitalReceivables plus inventory; positive increases use cash.-$5,784
Subtract equipment reinvestment purchases-$4,800
Project cash generated after reinvestmentBefore financing, income taxes and owner distributions.-$32,251

Opening inventory is paid in U₀, then consumed or carried forward. Purchases = COGS + ending stock − beginning stock. Assumed customer settlement lag is 2 days; target stock is 7 days of cost. No supplier credit. Payroll taxes are set aside when accrued; actual remittance timing is not modeled.

What is deliberately held constant?

Prices, staffing and cost rates stay at the disclosed planning basis for 60 months. Ramp changes demand; it does not silently remove paid staff. No measured seasonality, inflation or future tax forecast is asserted.

Equipment reinvestment is modeled as $400 of paid additions per month, depreciated over 60 months. Repair expenses are separate. An actual replacement plan, asset retirements and terminal value require equipment condition and a longer model.

Inventory is a fungible cost balance; spoilage is within the COGS allowance, not a shelf-life simulation. Sales-tax collections are ring-fenced and never fund the project.

Can the project recover its pre-opening payments?

Not within 60 months. Cumulative cash starts at −$241,298. Positive recovery must remain positive through month 60; neither refundable deposit recovery nor sale value is assumed.

Swipe horizontally on a narrow screen to follow all 60 months. The table below contains the same cash series.

Cash generated versus pre-opening payments-$304k-$152k$0kM0M12M24M36M48M60
Inspect all 60 months and the cash balance
USD · cash balance includes untouched contingency
MonthSalesEBITΔNWCNet cashCash balanceProject recovery
1$36,036-$26,394-$147-$24,868$84,646-$266,166
2$48,048-$18,483$1,618-$18,716$65,930-$284,882
3$57,658-$11,844$1,294-$11,746$54,184-$296,628
4$65,666-$6,212$1,078-$5,892$48,292-$302,520
5$72,072-$1,854$863-$1,312$46,981-$303,831
6$76,877$1,277$647$2,042$49,023-$301,789
7$80,080$3,360$431$4,347$53,370-$297,442
8$80,080$3,353$0$4,779$58,149-$292,663
9$80,080$3,347$0$4,779$62,928-$287,884
10$80,080$3,340$0$4,779$67,707-$283,106
11$80,080$3,333$0$4,779$72,485-$278,327
12$80,080$3,327$0$4,779$77,264-$273,548
13$80,080$2,254$0$2,786$80,050-$270,763
14$80,080$2,330$0$3,795$83,845-$266,968
15$80,080$2,701$0$4,173$88,018-$262,795
16$80,080$3,110$0$4,589$92,606-$258,206
17$80,080$3,289$0$4,774$97,381-$253,432
18$80,080$3,287$0$4,779$102,159-$248,653
19$80,080$3,280$0$4,779$106,938-$243,874
20$80,080$3,273$0$4,779$111,717-$239,096
21$80,080$3,267$0$4,779$116,495-$234,317
22$80,080$3,260$0$4,779$121,274-$229,538
23$80,080$3,253$0$4,779$126,053-$224,759
24$80,080$3,247$0$4,779$130,832-$219,981
25$80,080$2,174$0$2,786$133,617-$217,195
26$80,080$2,250$0$3,795$137,412-$213,400
27$80,080$2,621$0$4,173$141,585-$209,227
28$80,080$3,030$0$4,589$146,174-$204,639
29$80,080$3,209$0$4,774$150,948-$199,864
30$80,080$3,207$0$4,779$155,727-$195,085
31$80,080$3,200$0$4,779$160,505-$190,307
32$80,080$3,193$0$4,779$165,284-$185,528
33$80,080$3,187$0$4,779$170,063-$180,749
34$80,080$3,180$0$4,779$174,842-$175,971
35$80,080$3,173$0$4,779$179,620-$171,192
36$80,080$3,167$0$4,779$184,399-$166,413
37$80,080$2,094$0$2,786$187,185-$163,628
38$80,080$2,170$0$3,795$190,980-$159,833
39$80,080$2,541$0$4,173$195,153-$155,660
40$80,080$2,950$0$4,589$199,741-$151,071
41$80,080$3,129$0$4,774$204,516-$146,297
42$80,080$3,127$0$4,779$209,294-$141,518
43$80,080$3,120$0$4,779$214,073-$136,739
44$80,080$3,113$0$4,779$218,852-$131,961
45$80,080$3,107$0$4,779$223,630-$127,182
46$80,080$3,100$0$4,779$228,409-$122,403
47$80,080$3,093$0$4,779$233,188-$117,624
48$80,080$3,087$0$4,779$237,967-$112,846
49$80,080$2,014$0$2,786$240,752-$110,060
50$80,080$2,090$0$3,795$244,547-$106,265
51$80,080$2,461$0$4,173$248,720-$102,092
52$80,080$2,870$0$4,589$253,309-$97,504
53$80,080$3,049$0$4,774$258,083-$92,729
54$80,080$3,047$0$4,779$262,862-$87,950
55$80,080$3,040$0$4,779$267,640-$83,172
56$80,080$3,033$0$4,779$272,419-$78,393
57$80,080$3,027$0$4,779$277,198-$73,614
58$80,080$3,020$0$4,779$281,977-$68,836
59$80,080$3,013$0$4,779$286,755-$64,057
60$80,080$3,007$0$4,779$291,534-$59,278
04 / Paid operating team

Every required role has a cost.

Six days/week, eight service hours/day. Paid roster includes preparation, cleaning, management and overlap; no hourly worker exceeds 40 scheduled hours/week. 8.65 paid FTE equivalents; 10 people. Headcount, hours and hiring rates are assumptions.

Chosen roster · base conditions
Role / benchmarkPeopleHours / person / weekCash pay / personLoaded annual role cost
General manager / owner replacementSOC 11-9051 · S001140$65,000/year$75,133
Kitchen leadSOC 35-1012 · S002140$25.00/hour$60,163
Line and prep cooksSOC 35-2014 · S003240$20.00/hour$96,375
ServersSOC 35-3031 · S006332$21.00/hour$121,569
DishwashersSOC 35-9021 · S007230$18.00/hour$65,238
Host / runnerSOC 35-9031 · S008130$17.00/hour$30,823

Wage references are May 2025 metro distributions from BLS via O*NET. BLS wages include tips and exclude employer benefits; no-tip hiring pay remains a planning choice (S095). Chosen hiring rates are September 2026 planning assumptions, not current job offers. Required food-manager coverage must include qualified relief beyond the manager’s own 40 hours. Benefits and workers-compensation percentages need quotes.

05 / Procurement

A priced basket, with the gaps visible.

Quantities are chosen for discussion. The model assumes these movable assets must be bought. Remove any item only after confirming usable equipment is conveyed with the lease.

Merchandise basket · tax, delivery and installation treated separately
Item / configurationChosen qtyUnit priceEvidence
Range and ovenVulcan SX36-6BN. Gas connectors, commissioning and installed suitability not included.1$2,307.00Published input
Manual griddleAtosa ATMG-24. Additional exact natural-gas listing at The Restaurant Warehouse verified. RestaurantSupply unavailable offer is price corroboration only. Stand, connector and commissioning separate.1$839.00Published input
S019 · S020 · S021
FryerPitco 45C+S NAT. Use1472, not stale category1436. Initial oil belongs to inventory/consumables, not fryer purchase.1$1,472.00Published input
Reach-in refrigeratorAtosa MBF8507GR. 1$3,117.00Published input
Reach-in freezerAtosa MBF8501GR. 1$2,612.00Published input
Refrigerated prep tableAtosa MSF8302GR. Do not buy the included12 pans and board twice. Coffee quantity depends on light-food menu.1$2,326.00Published input
DishwasherCMA UC50E. Use final voltage confirmation. Water treatment,drains,electrical,chemical starter and install separate. Built-in booster not an extra purchase.1$6,136.00Published input
Three-compartment sinkAdvance Tabco 9-3-54-18RL. Faucet sold separately. Existing sink conveyed and suitable => new sink quantity0.1$2,457.57Published input
Dry prep work tableRegency600T2448GC. Quantity assumption. Not automatic substitute for heat-rated griddle stand.2$209.99Published input
Batch coffee brewerBunn VP17-1SS13300.0001. Menu-dependent optional. Decanter,filters and batch grinder not priced here.1$472.00Published input
Optional ice machineManitowoc UDP0140A161B. One vendor only. Distinct from olderUDF0140A. Capacity depends on test conditions;size using peak iced drink demand and ambient temperature,not seats alone.1$2,780.00Published input
Handwash sinks, faucets, heat-rated stand, racks and additional small appliancesUnquoted ancillary hardware allowance. Hardware allowance only; connections, delivery and installation are in the renovation allowance. No new hood purchase.1$4,600.00Assumption
What sits outside these merchandise prices?

Renovation allowance: $65/sq ft across 1,800 sq ft. Intended scope: modest finishes, layout adjustments, quoted-item connections, delivery/handling, and inspection/repair of retained infrastructure. No new hood, structural works, major HVAC, utility-capacity upgrade or goodwill purchase. The allowance is unquoted; an incompatible site invalidates it.

Furniture/smallwares and POS are separate allowances. Published furniture sets and a $299 Square Terminal are reference components inside these allowances; they are not added twice. Allowances include additional fixtures, network/order hardware and unpriced accessories. Food, stock and staff training have their own lines.

Equipment sales tax is estimated by item; Florida local surtax cap is applied where relevant. Installation and tax classification still need an actual invoice. The contingency is separate undrawn cash.

06 / Why research is still partial

The address can change this answer.

Lease and premises

Partial planning scenario for an assumed 1,800 SF restaurant; no premises selected. The reopened 1,650 SF Jester Village listing asks $25 base plus $10 landlord-estimated NNN per SF/year, or $4,812.50/month for its advertised area. Applying those rates to the assumed area gives $5,250/month, not an offer for 1,800 SF or an Austin average. This is the lowest of four rechecked base asking rates and assumes favorable existing infrastructure. The retained broker flyer calls the suite second-generation retail; a usable hot-food kitchen, approved grease system and transferable equipment are unconfirmed. The $65/SF renovation allowance assumes a light refresh with core systems accepted for the proposed menu and equipment. It is not a site quote; freight, connections and commissioning also need itemized scope.

S062 · S063 · S064 · S065 · S066

Scoped permits

$927 annual food permit + $178 pre-opening inspection + $221 remodel plan review under 2,500 SF = $1,326 for the assumed Austin-jurisdiction scope and $150,000+ annual food-sales tier, using the posted schedule effective October 1, 2025. The separate $2,000 for other approvals and training remains an unquoted allowance. Reconfirm fees for the actual address, work and opening date. Forty-eight seats require the cited two-restroom provision and certified-manager coverage throughout operations. For the modeled dishwasher, Austin Water publishes a 500-gallon minimum interceptor requirement; actual design, capacity, condition and approval still need a site review. Building, fire, grease and trade scope, invoices and launch timing are unresolved.

S055 · S056 · S057 · S058 · S060

Close the material gaps before using this as your budget.

  1. A site and a signed cost scope

    Lease, NNN reconciliation, equipment ownership, approved seats and contractor quote.

  2. Demand at the planned price

    Daypart observations, conversion, menu mix, price testing and repeat visits. Capacity and traffic counts are not customer demand.

  3. A quoted operating plan

    Supplier recipes, staffed shifts and relief, insurance, utilities, benefits and approval timing.

Idea Score, State Fit and investment confidence: not scored. Source counts measure documentation, not the chance of success.

Research update / 2026-09-05

How much room is there for a different outcome?

A national survey of full-service restaurants with under $2 million in annual sales reported a 33.7% median food and nonalcohol beverage cost share for 2024. The sales size is useful context, but location, alcohol mix and operating history differ. It is not a recipe estimate for this restaurant.

Scroll the table horizontally to compare all results on smaller screens. Keyboard users can focus the table and use the arrow keys.

Separate tests of the published Base assumptions; one input changes at a time.
Assumption testedMature monthly EBITFunding with reservesSustained payback
Published Base assumptions$3,089.17$350,812.26Not within 60 months
33.7% ingredients and consumables$1,727.81$355,849.29Not within 60 months
100 guests per open day-$1,659.27$383,062.79Not within 60 months

The same calculation engine produces these separate Base tests. Other inputs, the paid team and sales ramp stay fixed. EBIT includes depreciation and is before financing and income taxes; it is not an owner withdrawal. These tests assign no probabilities. Use the calculator above to explore your own changes.

What to collect for an actual opening

  1. Select an address and obtain the complete base rent, NNN estimate, deposits, landlord contributions and permitted use in writing.
  2. Inspect the existing kitchen, grease equipment, hood/fire systems and utility capacity; price the menu-specific work, installation and commissioning.
  3. Cost portions, yields, waste and the menu mix using delivered supplier quotes. Observe service-included spend and guest demand separately.
  4. Build a paid roster covering preparation, service, cleaning, breaks and qualified food-manager relief, then confirm the applicable approvals and operating quotes.
Sources for these additional checks

Selected claims were rechecked on 2026-09-05. This is an additional assessment of the Austin Restaurant case. Earlier source periods and access limits remain applicable; this is not a complete refresh of the original source library. Research remains partial.

Turn the test into a site-specific plan.

Replace rent, contractor scope, menu mix and staffing with your own evidence. Then extend the cash schedule to financing, taxes, owner distributions and actual equipment replacement.