Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

sir pball

(4,742 posts)
Mon Mar 9, 2020, 05:04 PM Mar 2020

What Does It Really Cost to Run a Restaurant?

Quite a good article on Eater about the costs involved in running a restaurant - on $1,215,037 in sales in 2019, Mei Mei in Boston profited *drumroll* $22,116. Of course, the math is completely different for Conglom-O scale operations, which is why McDonald's can sell Big Macs at more or less the same price everywhere, but that's an apples-to-orchards comparison.

It's good insight into the squeeze that things like minimum wage increases (which I am 100% in favor of), supply disruptions/cost increases, and economic downturns affect the industry; with the way all three of those aspects as well as a lot of other facets of the business are trending, please understand you're probably going to pay more to eat out in the future.

(Am chef, owner and I just had to raise prices to make ends meet, some regulars complained quite loudly. Seriously considering sending that article out on our announcement email list.)

Latest Discussions»General Discussion»What Does It Really Cost ...