The study of financial risk is of great significance to the stability and development of catering enterprises. In the context of the increasingly stable economic development, catering enterprises for economic growth to make a positive contribution, but in recent years the development of China's catering industry shows a downward trend, coupled with the relevant government agencies in the thrift of the continuous optimization of laws and regulations, so that the catering industry competition more and more white-hot. In this process, the development of high-end catering is extremely severe, and the middle and low-end catering industry is extremely intense to seize the market share. At the same time, the company's operating costs continue to grow, but also make the catering industry's profit space is narrower and narrower, therefore, the study of financial risk for the stability and development of catering enterprises has great significance.