Free Coffee Shop Profit & Loss Statement Template
Evaluate whether your cafe is making or losing money
- Discover your restaurant’s net profit (or loss)
- Track gross profit and prime costs
- Get insights to improve your financial health
Discover your restaurant’s net profit (or loss)
[Template] Coffee Shop Profit & Loss Statement.xlsx
How to use your free coffee shop P&L statement template
1. Enter your sales and costs for each month.
2. Your gross profit, prime costs, and net profit will be calculated automatically.
3. Customize the template to match your business needs, adding extra lines for more costs as you see fit.
Save $1049 a month in overtime fees with 7shifts
Eliminate unbudgeted labor costs and compliance fees with overtime and break alerts. Track missed clock-ins at the beginning or end of shifts and use punch audit reports to view any modifications made to staff timesheets. Use one platform to manage time clocking and scheduling.
What is a profit and loss statement for a coffee shop?
Often referred to as an income statement, the profit and loss statement (P&L) summarizes a coffee shop's total revenue, expenses, and net profit over a specific period. The profit and loss analysis helps cafe operators make future decisions based on past financial data.
How often should you update your coffee shop's P&L statement?
We suggest updating this template weekly and discussing it with your management team to flag concerns and make improvements. Additionally, review it monthly and annually to track overall trends.
“It is SO easy to use. It is intimidating at first familiarizing yourself with the platform but after a few minutes it feels so natural using it. I used to do all of my scheduling on an excel spreadsheet. It would take two or three times as long as it takes me now on 7shifts.”
Eddie Cuellar
Restaurant owner, Tower Burger
“I was originally drawn to 7shifts because of their simple and easy interface for scheduling, but when I found out they also did payroll, it was a no-brainer. My employees onboarded via the 7shifts mobile app in 10 minutes and I'm already saving hours of time when it comes to processing payroll. Total game changer.”
Fahad Hanif
Owner/Operator, Halal Guys
“If you're a restaurant professional, this is a mandate. If this is a hobby for you, by all means, use something else. Use Excel, use post-it notes if you write it down. But if you're a professional and this is your career and your actual goal is to earn profit for your business, then there's no viable solution or anything that would make sense other than this. There just isn't.”
Mike Bausch
Owner, Andolini's
Find out why 1.5 million restaurant professionals love 7shifts
Start free trial1.7k
Ratings
1M+
Downloads
1.1k
Reviews
99
Reviews
Free Restaurant Management Templates
See all templates
Restaurant Schedule Template
Create staff schedules in less time with this free restaurant staff schedule template
Download now
Barista Job Description
Get the free barista job description to hire the right latte artist for your coffee shop.
Download now
Food Cost Percentage Template
Get the free food cost percentage template to evaluate which dishes or ingredients are costing you the most.
Download now
Coffee Shop Employee Handbook
Get a starting point for your cafe’s employee handbook with this free template.
Download now