Yes, more sales of higher food cost items will yield a higher overall food cost. That doesn’t mean that it’s a bad thing though. A low food cost isn’t what makes you profitable. A high gross profit is, meaning that making $4 gross profit on a $7 sales is better than making $3 gross profit [...]
In a chain restaurant, will a unit that has skewed product sales towards higher food cost menu items have a higher food cost?
February 23rd, 2008 · 2 Comments
Tags: Questions
Conversations about pricing by gross profit
February 15th, 2008 · 1 Comment
The following are excerpts from discussions I had with restaurant owners in the Restaurantowner.com discussion forums regarding pricing by gross profit.
From “Pricing by gross profit” thread – RO.com
Posted Jul 30,2004 1:08 PM
brandon
I realized while typing a post in the bar pricing program thread, I might as well start a thread discussing pricing as a whole and [...]
Tags: Conversations