An industry wide average is around 10 - 15% profit after all expenses.
Yes alcohol profit margin is much higher sometimes as high as 500% profit. My best friend owns a trendy bar in Newport Beach, California for the last twenty years and has told me his profit margin.
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
There isn't a definitive profit margin. Just like in the restaurant industry, there are variable costs, such as labor, utilities, food costs and such as well as fixed costs, such as land, equipment.
Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue
Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues
The Net Profit Margin is an Expression of the Net Profit as a percentage of the Revenue, where the Net Profit is the Revenue minus all Expenses. The Net Profit Margin can be calculated in the following ways: Net Profit Margin = Net Profit/Revenue*100 [or] Net Profit Margin = (Revenue - all Expenses)/Revenue*100
Net profit margin = 64000 / 720000 * 100 Net profit margin = 8.89%
Gross profit is the amount of profit in dollars...gross margin is the % profit to expenses
The average profit margin is 35%.
A profit margin you can live on.
In Canada the after tax profit margin is 4%