Is your Restaurant Profitable?

Curious to know if a new restaurant will be profitable?¬† Take annual sales & divide by the total square feet of the restaurant¬†(including the kitchen, dining room, storage areas & restrooms).¬† Because sales per square foot is the most reliable indicator of the potential profitability of a restaurant, you should crunch these numbers sooner rather than later. Here’s the formula (hello 8th-grade Algebra!): Sales per square foot = Annual Sales/Square…  Read more

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