How do restaurant's establish their menu prices? - restaurant vendor information atlanta
How does a restaurant like Red Robin works fixed price menu or Olive Garden? What profit margin, on average, consistent with a meal? Moreover, providers, restaurant chains make such contacts with the offers of food? I try to do a project for school and do not know how you find this information or general information about the restaurant and their prices.
Thanks
Monday, February 8, 2010
Restaurant Vendor Information Atlanta How Do Restaurant's Establish Their Menu Prices?
3 comments:
Oh, many factors
1) What are my competitors are charging?
2) How much will it cost? (Material, labor, contraction, deterioration, etc.)
3) What are the margins you?
Section 4)?
5) What does a typical meal? (Is it the low income offset higher profit here is something else, a dessert, drinks, etc.?)
In general, brand restaurants to take their food prices beyond the material of at least 500% to take account of labor and overhead costs. I believe that Chief Anthony Boudin (sp?) Books that might contain something about it.
They want a certain rate of return, say 25%.
Calculate all costs, flour, then add the desired profit margin.
Gordon Ramsay said the work 1 / 4 or after a meal, the cost of food, 1 / 4 are 1 / 4 and 1 / 4 to non-profit
probably because, as is the economy, or what I would imagine one of the restaurants around it are the prices for their food.
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