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Papa Geos Italian RestaurantBudget Proposal DocumentFebruary, 2012Executive SummaryDocument Intent: This document outlines the budget proposal for the starting and running of a single location, sit-down Italianrestaurant named Papa Geos.Description of the business: The restaurant would be located in Orlando, Florida and would majorly target middle to lower-middleclass families with children, as well as adults and seniors, thus making it a friendly and family place.The major product and service provided by the restaurant would be Italian food served buffet style with an all-you-can-eat format witha lot of variety including a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and aself-serve soda bar. There would also be a gaming area within the restaurant with gaming machines installed which would be ofinterest to childrenScope of the document: The following sections of this document delve into a detailed analysis of the budget for the restaurant tosee if it if profitable to run this restaurant, and if so, what profits and costs can be expected out of its operations.Planning horizon: The budget has been planned for a five-year period, taking year 1 as the first year of operations of the company.Funding requirements: For this project, it has been assumed that the owner pools in about 500k of his own money as capital andbecomes the 100% stockholder of the company. Further, it is also expected that to

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