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
Profit & Loss Statement Template.xlsx
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 trend
How does this free template stack up to 7shifts?
Compare how functionality of this Excel sheet against a robust team management platform like 7shifts.
 | Food Cost Template | |
| Easy schedule builder |  |  |
| Customizable to your restaurant | | |
| Free | | |
| Free mobile apps | |  |
| Communication tools (chat, announcement) | | |
| Automatic sales and labor reporting | | |
| Robust labor, sales, and compliance reports | | |
| Online manager log book | | |
| Labor budgeting tool | | |
| Labor compliance tools | | |
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