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Wait... 33% food cost 33% labor cost 30% overhead 07% profit _______________ 103% Er... wat?

• zappo2938 11y ago
  I forgot to math and oopsied a 3. Here is an example breakdown of prime costs for a restaurant. Prime cost doesn't include non variable overhead like rent, insurance, and utilities.[1]I don't think my lack of math skills takes away from my argument that if Apple Pay can reduce payment transaction fees to 1% of the charge, it will have a major increase in net profits for small and medium restaurateurs. [1] http://www.restaurantowner.com/public/images/212b.png http://www.restaurantowner.com/public/images/212b.png