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?
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?
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
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