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Anecdotally, I've heard from a number of people that catering is one of the larger profit centers for restaurants that do it, with the dine-in service acting al
by ricree 10y ago
Anecdotally, I've heard from a number of people that catering is one of the larger profit centers for restaurants that do it, with the dine-in service acting almost like a marketing tool, or sometimes even a loss leader.
- toomanybeersies 10y agoAbsolutely. The restaurant I used to work at did catering as well, and we made far more profit from catering than from regular service. I don't think that total income was more for catering though. With catering, you only have to pay for the staff you need, when you need them. You also often don't have to pay for the venue, or only have to pay for renting furniture etc. Part of the profitability also comes from the fact that you're already paying for the kitchen, and often the venue (if it's hosted at the restaurant after hours), so you're essentially removed 30% of the cost.
- InclinedPlane 10y agoThis is dependent on the level of fine dining and the locale. A high-end restaurant in an affluent, high density area like LA or NYC can support very high prices while still keeping packed day in day out. And that leads to a lot of money coming in (five figures a day easily). Which is why, incidentally, there tend to be more such restaurants in such places.