0
The average price of eating at a restaurant is usually about $55. From, Kendall Sellinger, age 11 It depends on 2 things, what state you live in, and the quality of the restaurant. A cheap restaurant per person, ranges anywhere from $8.00 - $14.00, a mid-range (i.e. Carrabba's") goes for about $15.00 - $24.00, and then you got high end (something unique to a city like Morton's of Chicago) would be about $25.00 - $75.00 per person. Hope this helps. YO
The average price of a restaurant meal in the United States is roughly $10 per person. The general range of individual meals runs from $5.00 per person (e.g. a sandwich and a side for lunch) to $25.00 per person (e.g. a steak dinner.) The cost of a meal varies depending on many circumstances, such as:
- Breakfast and lunch meals are usually cheaper than dinner meals.
- Appetizers, desserts, and drinks will increase the cost of a meal. (An appetizer or a dessert can sometimes cost as much as an entree.) - Fine dining or gourmet restaurants charge more than chain and family restaurants. - Steak and seafood usually carry a higher price than other entree selections.
- Fast food restaurants are much cheaper than restaurants with menus, tables and servers. These restaurants often have "value menus" with individual items for around $1.00 each. - Children and senior citizens often receive discounts on the cost of their meals.
=For instance you go to a CI-CI's Pizza and pay 4.99 for each of your family members. Say you have 5 in the family. The restaurant wants you to buy the drinks for 1.29/each (which I don't, but everyone else in the family does) So 5 members paying 4.99 = 24.95 plus 1.29 X 4 = 5.16 + 24.95 = 30.11 plus taxSo you paid 30.11 and the restaurant is hoping you leave eating less than 26% or 7.82 worth of food, or possibly up to 32% which would be 9.65 from their inventory of food.
The labor cost is minimal, probably 23% which would equate to 6.92.
That 6.92 plus 9.65 + other overhead and you see the restaurant ain't doing too bad. Unfortunately, they pay probably $3000/month for rent, another $1000/mo. for utilities and a bunch for advertising which all chips away at the remaining $13.50 from your dinner bill.
It depends on what kind of restaurant. Some inexpensive restaurants can provide you with a full meal for under $5, whereas some higher end restaurants may charge you up to $500!
Restaurant food cost is calculated by
Opening Stock+
Purchases-
Closing Stock =
Consumption
Food cost perecentage is calculated by dividing
consumption divided by
Sales into
100
The food cost ranges from 20 to 40%. There is no right answer.
What is right is whether its right for your business.
I would recommend to measure food cost per customer. This is abetter indiactor.
Whats needs to be determined whether the gross margin per customer ir
Revenue per customer minus Fodd cost per customer is adequate for you to meet all costs and earn you a profit.
Its possible for a restaurabtr to have a low food cost and low profitability and a high food cost but better profitability.
Dont fall into trap of food cost. understand cost per customer and focus on gross margins.
The average cost of food in America is between $150 and $300 a week for a family of four. This varies greatly based on the type of food purchased and the specific store.
it depends on what type of resturan t and what they serve a place like kfc is about 8 g a month
I'm going take a guess, if it is a nice resturant, probably 2 people 50 bucks.
Add your answer:
Earn +20 pts
What is the average restaurant food cost percentage according to the NRA?
18%
What What is the average restaurant food cost percentage according to the NRA?
18%
Average food cost for 2 persons?
At a restaurant $20 at home $10
What is the Industry Average for Restaurant Food Cost excluding alcoholic beverages?
Food cost averages 28%-35% dependent upon the style of restaurant. Some steakhouses will push 40% and some fast casual restaurants can be in the low 20's.
What is prime cost in restaurant accounting?
Prime cost in restaurant accounting is the sum of labor+food costs
What is the importance of food cost control?
The importance of food cost control is to maintain profit margins for the business. In a restaurant food costs and labor are the highest expenses to the business.
What is the average cost of food in Universal Studios?
The cost of food at Universal Orlando resort can be anywhere from $5.25 to upwards of $20+ dollars, depending on where at Universal you eat, respectively. (If you eat at a restaurant, it will be significantly more then eating at a quick service stop).
What is the average restaurant labor cost percentage according to the NRA?
According to the National Restaurant Association (NRA), the average restaurant labor cost percentage typically ranges from 25% to 35% of total sales. However, this can vary depending on factors such as the type of restaurant, location, and operational efficiency.
What is the average cost for commercial ice machines for a restaurant?
The average cost for a commercial ice machine for a restaurant is $1600. They make, on average, 300 pounds of ice in a 24 hour period. If a larger capacity is needed, they generally are more expensive.
What is the average lifespan of a fast food restaurant building?
12 years
What is the average food cost for family?
Well usually the average cost for food on a family of 6 is about $500-750
What is food cost of a restaurantd?
Depends what restaurant, and what you order. It could get very costly.
