- Joined
- Aug 22, 2012
- Messages
- 4,131
2 burgers with chips and 2 coffees at Macca's cost $27.?? yesterday.
As an ex chef I hate eating out as its usually very disappointing (didnt like the maccas but I was hungry)
Many years ago general menu pricing was the cost of the food had to be around 34% of the selling price, when I retired it had to be around 28%, if you climbed above this then you started loosing money.
I dread to think what the percentage is today when you factor in the phenomenal costs of all the overheads a business is under, particularly all the extra licenses and insurances.
As an ex chef I hate eating out as its usually very disappointing (didnt like the maccas but I was hungry)
Many years ago general menu pricing was the cost of the food had to be around 34% of the selling price, when I retired it had to be around 28%, if you climbed above this then you started loosing money.
I dread to think what the percentage is today when you factor in the phenomenal costs of all the overheads a business is under, particularly all the extra licenses and insurances.