SpotOn

DECEMBER 30, 2024

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. Quick-service restaurants—like cafes, fast food, and fast casual—are estimated to have decent profit margins with lower food and labor costs.

Operations

Paper Chase Accountancy

JULY 25, 2025

Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Operating Expenses Utilities, marketing, supplies, rent, insurance. This vast sector includes, but is not limited to: Hotels and Resorts: From boutique inns to sprawling luxury resorts. Fixed Assets Asset acquisition, depreciation, disposals.

Hospitality

Modern Restaurant Management

JANUARY 2, 2024

On Menu Ingredients We predict the rise of “bougie” ingredients like caviar, lobster and truffle popping up at restaurants at more affordable prices and in more casual settings like fast casuals and QSRs. I am concerned that rising insurance costs may force some chains to exit the market. Golden Corral is one.

2024

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. One of the impacts will be on employment practices liability insurance in 2024. Here’s an overview.

2024

Modern Restaurant Management

APRIL 29, 2021

“We are seeing sign-on bonuses at fast food and fast casual locations, something never seen before in the industry. Fast casual will continue to push out full-service brands because they can assemble food in front of you and get food to the customer more quickly. Provide great benefits, 401k, life insurance, etc.

Fast Casual

Modern Restaurant Management

APRIL 17, 2020

A growing casual restaurant chain with locations nationwide uses mural art to connect stores with the communities they serve, employing local artists to capture iconic neighborhood scenes in distinctive, colorful ways.

Marketing

Modern Restaurant Management

DECEMBER 16, 2021

This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent. It isn’t unemployment benefits giving employees pause: it’s underappreciation. Gluten-free buns, please.

2022

7 Shifts

JULY 12, 2024

Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. Since these expenditures are inevitable, they significantly affect your bottom line each month.

Food Truck

7 Shifts

MAY 17, 2022

We have regular casual conversations with our team members that at various different points of their, their journey with us, we always tap into, 'What are you interested in? What is it that makes you tick?' “Benefits” is a term that usually covers the basics—a 401k and health insurance.

Insurance

7 Shifts

AUGUST 18, 2024

Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Fast casual: 28.9% Casual: 33.2%

License

Modern Restaurant Management

JULY 1, 2020

percent suggested “about the same” or “much more than before” Casual and midscale: 62.8 For those who would choose to travel, purchasing insurance is key. “American travelers are taking travel insurance more seriously these days. A total of 71.6 According to the survey: 57.7

2020

7 Shifts

AUGUST 2, 2024

Meanwhile, fast-casual restaurants should aim for about $500 per square foot because while they are smaller in size and overhead cost, they have much higher foot traffic. This metric helps you measure the amount spent on labor, particularly salaries, worker benefits, insurance, overtime, and payroll taxes.

Point of Sale

7 Shifts

JUNE 4, 2021

Fast-casual: 28.9%. Casual: 33.2%. Upscale casual: 30.4%. To get your restaurant's break-even point, you'll need the following: Total fixed costs, like rent, salaries, and insurance. What Percentage Should Labor Cost Be In A Restaurant? Pizza: 31.3%. Recommended Download: Free Restaurant Labor Cost Calculator Template.

Point of Sale

EATER

MAY 21, 2020

But visits to casual restaurants remained lower than normal. In Eater’s survey 77 percent of restaurant workers said they are currently collecting unemployment insurance, part of the more-than- 30-million people nationwide that filed unemployment claims since mid-March.

Food Safety

Modern Restaurant Management

SEPTEMBER 27, 2024

Fast-Casual Fast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants. It continues: “And with many fast-casual restaurants upping their convenience games with drive-thrus and other innovations , the distinction between the two segments has become increasingly muddied.”

Food Truck

Modern Restaurant Management

NOVEMBER 4, 2019

As an industry leader and authority on protein, the fast casual concept has featured plant based protein for 10+ years – serving up tofu, seasonal falafel, plant-based protein shakes and quinoa among others – and will now add Beyond Chili and house-made Beyond Beef meatballs to their line up. Plant-Based More Mainstream.

Fast Casual

7 Shifts

AUGUST 27, 2020

Your restaurant employee handbook is the place you should outline employee code of conduct, and set standards on what’s deemed acceptable or unacceptable behavior.

Employee Relations

EATER

SEPTEMBER 11, 2024

Margins are tighter than ever as restaurants try to balance higher costs of rent and ingredients, reservation site fees and insurance premiums , and paying fair wages, all while trying to keep prices at a level customers will actually pay. It was a very simple concept, a casual French bistro mostly serving the Midtown lunch crowd.

Pricing

7 Shifts

JULY 5, 2024

The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%. These numbers might seem low, but only because the restaurant industry has many costs to cover, including ingredients, labor, rent, utilities, marketing, and other expenses.

Cash Management

Goliath Consulting

FEBRUARY 16, 2019

The desire for convenience and the popularity of fast-casual dining remains important to diners in this new year. In addition, several fast-casual restaurants are now using “luxury ingredients” in their simply fashioned foods in order to provide quality as well as convenience.

2019

7 Shifts

AUGUST 7, 2024

A restaurant that serves fresh swordfish with grilled vegetables, for instance, will probably have a higher food cost percentage than a fast-casual restaurant that serves fried fish and chips, since the fish may come frozen and the french fries can be bought in bulk. Variable costs include food, hourly wages, and restaurant utilities.

Food

7 Shifts

MAY 2, 2023

It's also been there for so long, and we were the first ones in a casual fine dining restaurant, full-service restaurant in Asheville to go to a tip sharing model. I mean, they have access to all different kinds of insurance like health insurance, which we contribute to. It gets it out of the insurance.

Front of House

Restaurant365

FEBRUARY 25, 2020

Fast Casual Restaurants. Fast casual restaurants, also known as fast food or quick service restaurants, involve ordering at a counter or doing some level of self-service. Although factors like franchise affiliation may affect profit margins, fast casual restaurants typically have an average profit margin of 6-9%.

Loyalty Program

The Restaurant Times

DECEMBER 15, 2021

Keeping this in mind, it can be said that it will be very beneficial to open a casual dining restaurant in the UAE. Steps To Open A Casual Dining Restaurant In The UAE. This is a great time to invest in and open a casual dining restaurant. Location for your casual restaurant in the UAE. Insurance & working capital.

Dine-in

Modern Restaurant Management

JUNE 12, 2020

His previous experience also includes acting as CFO and controller for numerous hospitality and fast casual brands such as Rubio’s, Carl’s Jr., Fast casual restaurants continue to outpace industry growth and we see a great deal of opportunity for business owners in this urban market.” and Del Taco. John Fuller.

Franchising

EATER

AUGUST 16, 2023

I don’t know how many of you reading this have had the hopes and dreams you built up over years casually cast aside by a panel of strangers, but it f **g sucks. My COO stayed on, unpaid but on the company’s health insurance plan for another year, while we had to let the brand ambassador go in the middle of the summer of 2020.

Point of Sale

Modern Restaurant Management

MARCH 11, 2020

The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. And because they’re online orders, we’re already cutting costs on labour, rent, insurance etc. Making a restaurant operations leaner.”

Bar

7 Shifts

AUGUST 18, 2024

Will it be a casual neighborhood bar or a more upscale establishment? For example, do you have to buy insurance? Choosing the Perfect Location There are many factors to consider when choosing the perfect location for opening a bar. The first step is to decide what type of bar you want to open.

Bar

Restaurant365

JUNE 2, 2020

25-30%: fast casual dining, although this varies with different menu and service systems. In addition to federal guidelines like the Federal Insurance Contribution Act (FICA) Tip Credit, mandating the credit (if any) that can be taken varies by state, with some states enacting further regulations. The first is a 12.4%

Tip Distribution

Modern Restaurant Management

NOVEMBER 1, 2019

" Macaluso hired Cypress to insure a consistent and disciplined approach to the process. “We love the fast-casual pizza category and have been keeping a close eye on Blaze Pizza. Same menu, same location, just a new building – and you see how people really flock back to the brand. ” Coolgreens Turns 10.

Franchising

Xtra Chef

APRIL 13, 2020

With the explosion of food delivery services and the popularity of food trucks, pop-up restaurants, and casual dining in general , more and more food industry entrepreneurs are turning to shared-use kitchens. Licensing and Insurance. Flexibility.

Food Truck

Next Restaurants

NOVEMBER 6, 2019

In addition to knowing the ins and outs of serving alcohol, you’ll also want to make sure you have your bases covered with property insurance. The right commercial property insurance will keep your business safe if you experience a loss due to something like a power outage, weather damage, a fire, or theft.

Catering

Modern Restaurant Management

JUNE 28, 2024

. “Customers are being forced to make decisions between groceries and restaurants, with full-service restaurant inflation about two times that of groceries in the past year and fast food and fast casual restaurants prices up three times the rate of groceries. car finance, fuel, insurance, etc.) (22 Social activities (e.g.,

2024

The Restaurant Group

SEPTEMBER 16, 2020

Now more than ever, health insurance is essential to employees’ wellbeing. The industry has always been notorious for its lack of benefits and paid time off, and, often, for its hazing. The already strenuous conditions faced by restaurants in today’s world has shined a spotlight on the need for improvement in these areas.

Online Ordering

Restaurant Clicks

JANUARY 9, 2020

Apply for Permits, Licensing, and Insurance. Casual or formal dining? Apply for Permits, Licensing, and Insurance. You’ll also need insurance for your new business. Name Your Restaurant and Lock in Branding. Write a Business Plan. Plan Your Menu. Set a Budget and Obtain Funding. Pick a Location and Lease Commercial Space.

License

Margin Edge

APRIL 27, 2020

Then we broke the responses out between fast-casual and non-fast casual. It’s no surprise that we saw that a higher percentage of fast casual models were able to keep their model the same or somewhat the same while full-service showed a high percentage of needing to pivot their models completely. New Sales Patterns.

Fast Casual

Lavu

MAY 30, 2025

To avoid the need for such a large team, add self-ordering kiosks to fast-casual or quick-service restaurants. Restaurant overhead costs include the ongoing expenses needed to operate your business, such as rent, utilities, labor, insurance, and administrative costs. Salaries and employment taxes are not the only staffing expense.

Cash Management