Remove Article Remove Equipment Remove Franchising Remove Point of Sale
article thumbnail

MRM Franchise Feed: Church’s Goes Hybrid and Curry Up Incentives Now

Modern Restaurant Management

MRM Franchise Feed features news about the restaurant franchise (MUFSO) landscape. “This program is a way to empower and equip restaurant employees with tools and resources to help them succeed and achieve their goals. KFC Foundation Launches MyChange. “We are very excited about our partnership with SaverLife. .

Franchise 203
article thumbnail

Restaurant revenue per square foot; what are your sales?

BNG Point of Sale

Restaurant Revenue Per Square Foot: What Are Your Sales? . The sale per square foot of your restaurant is a good indicator of how much money you will make. The sale per square foot of your restaurant is a good indicator of how much money you will make. Sales Per Square Foot = Annual Sales/Square Foot .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Catering for Restaurants

Goliath Consulting

Important points to consider before starting a catering program. As for profit, the percentage is largely variable dependent upon the business model, size, and marketing strategies, but high-end caterers have boasted impressive sales—a pretax profit of over 25% (3). But on average these numbers are much more modest.

article thumbnail

Guide To Average Markup Of Food Costs For Restaurants

BNG Point of Sale

Menu pricing and restaurant markups are the engines behind the success of restaurants, as sales are the sole source of revenue for most restaurants. This is affected by menu item sales; and markups cover the kitchen staff, the wait staff, the rent, the decor, the music, the advertising, as well as the food and drink. Average Markup .

article thumbnail

MRM Research Roundup: Mid-July 2020 Edition

Modern Restaurant Management

According to the latest Financial Trends Insights from Black Box Financial Intelligence™ , based on data from the week ending June 28, restaurants sales continue improving. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead. Financial Trends Insights.

2020 195
article thumbnail

Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

Therefore, you must learn how to develop a more resilient restaurant business just like the other types of restaurants who are finding new ways to ensure decreasing costs and an increase in sales. . For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Average Gross Profit for Restaurants .

article thumbnail

A Guide To Average Restaurant Revenue And Profit

BNG Point of Sale

To make the most of restaurants or catering businesses, you’ll need to answer some vital questions and know how much volume the business can generate in sales as monthly revenue, and at any given time. Most average restaurant revenue statistics reflect pre-COVID sales numbers. What Is Restaurant Revenue?