Apologies if this is in the wrong forum - it seemed the most appropriate to me!
I was interested to know if anyone was aware of any research (or had any knowledge) about the profitability of a restaurant. I've read that the average net profit margin is around 5%, and from that I might be able to project (based on number of sittings / turnover) what the net profit is. I'd prefer to rely on a more accurate source though!
So - does anyone know of any research, or is anyone willing to share the average level of profit for a restaurant?
I was interested to know if anyone was aware of any research (or had any knowledge) about the profitability of a restaurant. I've read that the average net profit margin is around 5%, and from that I might be able to project (based on number of sittings / turnover) what the net profit is. I'd prefer to rely on a more accurate source though!
So - does anyone know of any research, or is anyone willing to share the average level of profit for a restaurant?