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Free Restaurant Profit and Loss (P&L) Statement Template
Get insights into your restaurant’s financial health with a free P&L statement template
See how your sales compare to your expenses
Identify areas to lower expenses and increase revenue
Completely customizable to your restaurant
See how your sales compare to your expenses
Identify areas to lower expenses and increase revenue
Completely customizable to your restaurant
How to use your restaurant profit and loss template
Here is how to make the most of your free restaurant P&L statement template.
Add in your sales numbers.
Add in all your costs: CoGS, labor and operating expenses.
Calculate your total profits and losses.
Make adjustments accordingly to improve your restaurant’s financial health.
What is a profit and loss statement?
Also known as an income statement, the profit and loss statement (or P&L for short) measures a company’s total revenues, costs (expenses), and net profit over a period of time.
How often should you update your restaurant’s P&L statement?
We recommend that you update this template every week. This will let you catch anything abnormal before it has a negative impact on your business. We also recommend a monthly and yearly view to track all trends.
How does this free template stack up to 7shifts?
Compare how functionality of this Excel sheet against a robust team management platform like 7shifts.
Profit Margin Calculator | |
Discover more efficiencies to save time and money with 7shifts
That is just one piece of the puzzle
A powerful team management platform like 7shifts is the perfect addition to your tech start. Connecting your schedule to your POS and payroll systems can uncover efficiencies you never even realized.
Restaurants save
with 7shifts
6666%
Less time creating and managing schedules
6060%
Less unbudgeted labor
5050%
Less calls, texts, and emails
Trusted by over 1.5 million restaurant pros
Free Restaurant Management Excel Templates
Welcome to your complete collection of scheduling and restaurant management resources to grow your restaurant
Excel templates made for restaurants. Download all the tools you need to help you save time, money, and streamline your operations.
Tip Pooling Template
Download the free excel tip pooling calculator to help determine and distribute tips to your employees using tip pools.
Manager Log Book Template
Download the log book template to help managers keep track of what's going on in your business.
Restaurant Budget Template
Get the restaurant budget template to determine the budgeting of your restaurant.
Restaurant Schedule Template
Get the best restaurant excel-file schedule template to help create your staff work schedules.