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The Thrill of Losing Money by Investing in a Manhattan Restaurant
- impostervt 10y agoVery interesting breakdown of how your bill gets broken down. If your bill is $100, - $37 went to staff (plus your tip) - $29 paid for the food & drink you consumed - $15 went to the landlord - $6 went into supplies & maintenance - $5 went into bank fees, insurance, & workers comp - $5 went into other costs like utilities & permits - $3 was left over for operating income
- jamesjyu 10y agoCan things become more scalable if we replace some staff with robots? For higher end dining, the problem is that we have come to expect a certain level of human service as part of the dance, so automation will be most successful at the low end fast lunch places.