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spiderlap

posts: 1

Oct 05, 2009 2:19 PM ET    Quote  Report Abuse
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Does anyone have experience with a start up restaurant and the economics of running a restaurant such as what the cost of food should be as a percentage of the menu price?

MDonaldson

posts: 155

Oct 05, 2009 5:23 PM ET    Quote  Report Abuse
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Try this website, http://www.RestaurantOwner.com. They have a tremendous amount of information available, and a good free magazine available as well.

Also, http://www.bizstats.com/ has ratios available that show things such as percentage of sales for cost of goods, etc.

Best regards,

Molly Donaldson



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Start Here. Go Far. LaunchX
Oct 06, 2009 8:21 AM ET    Quote  Report Abuse
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Hi, I just launched my restaurant, www.EmpanadaKitchen.com 7 weeks ago and I can tell you, this is more work that what I originally thought of. It has been very hard, but I have received a lot of support from the community and the business is moving well.  Here are some good sources for information:

www.BodellConsulting.com He has the best blog in the industry, I think.

www.rsgmag.com best magazine for start ups

 

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