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Posted on 1/26/10 at 5:35 pm to lsuguy24
quote:
Ground Pati
Don't know about BR, but the 2 in Laffy have been around forever and seem to do ok?
Posted on 1/26/10 at 6:39 pm to lsuguy24
Might want to work this problem from the back side. Pick a number that you think might be a real number you would hit in sales per year. One million is a good round number. That is twenty thousand a week,twenty seven hundred a day,if opened seven days a week. Sounds easy enough.
Food cost-30%,if you're good. =300,000.
Labor cost-20% if you're good. =200,000.
Wow,you still have a half a million dollars to pay for all other expenses. Lets list some. Gas, electric,insurance,rent or note on building,and taxes,just to name a few. Items I just listed could run as much as 120,000 dollars a year. Lots of other things I have not listed,but you get the picture. If you can make ten percent right now in the restaurant business,you would be doing great. So,a million a year in sales would equal a hundred thousand in profit. Hypothetical speaking,of course. My two cents. Good luck.
Food cost-30%,if you're good. =300,000.
Labor cost-20% if you're good. =200,000.
Wow,you still have a half a million dollars to pay for all other expenses. Lets list some. Gas, electric,insurance,rent or note on building,and taxes,just to name a few. Items I just listed could run as much as 120,000 dollars a year. Lots of other things I have not listed,but you get the picture. If you can make ten percent right now in the restaurant business,you would be doing great. So,a million a year in sales would equal a hundred thousand in profit. Hypothetical speaking,of course. My two cents. Good luck.
Posted on 1/26/10 at 7:55 pm to lsuguy24
set your money on fire. I'd be quicker.
Posted on 1/26/10 at 10:20 pm to lsuguy24
quote:
I am thinking about opening a Ground Pati in Baton Rouge
If you like the concept, but want to avoid the bad pub of opening a place that already failed, open your own burger place.
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