Bart Masterson is considering leasing a 1,100 square foot restaurant location housed in a strip shopping mall. Bart has plans to open, in a space of about that size, an operation featuring Caribbeanstyle foods. The owner of the space wants a rent of $5.58 per square foot per month for the location.

Bart feels he can make a good profit in this proposed location if his space rental cost is 6 percent or less of his gross sales. Help Bart complete the worksheet he has begun to determine the annual sales volume his operation must generate to achieve a 6 percent space rental cost in this proposed location.

Bart's Proposed Rental Space
Space Cost Per Square Foot	$ 5.58	Monthly		Annual
# of square feet	1,100	$	%	$	%
Total revenue			100%		100%
Space rental cost					6.0%