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The Complete Guide to Restaurant Costs

Restaurant365

One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Labor Costs. Fixed Assets.

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Typical Restaurant Overhead Costs and Expenses

BNG Point of Sale

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. Alcohol licenses .

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Food Truck Profits

BNG Point of Sale

Acquire registration and licenses . You will also need a food license and a business license in order to run your business legally. Additionally, you’ll want to buy insurance for your truck. Insurance comes in many varieties. The fact that your food truck is your primary means of advertisement is true.

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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance. You’ll also need to check with your insurance carrier to ensure that you’re covered for off-premise activity. Another con is the cost of delivery.

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Average Bar Revenue Per Square Foot

BNG Point of Sale

Licenses, permits, and insurance are also needed. . You might also run campaigns advertising popular menu items. . Make sure your staff is not wasting stock unnecessarily. . A seller can quickly obtain a starting investment of as little as $25,000 through established businesses.

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9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Common fixed costs include: Rent, insurance, and property tax. Licenses and permits. Marketing and advertising costs. Also, cross utilizing menu items helps reduce waste and save money. Your total fixed costs are your expenses that must be paid, despite the amount of your revenues. These costs do not fluctuate.