4 ms·

We did that in our 3rd year

• rootsudo 9y ago
  Is 10% profit considered good? That seems to be a lot of work to just net 100k. Is that net and your take home?
  • pc86 9y ago
    It's not truly net unless he's paying himself a market rate for the amount of work he's doing (which if he's a programmer, may very well be $0 if everything is run by staff). 10% margin seems great for a restaurant, especially if that's after paying the owner. I've worked in management in restaurants (diners, nothing fantastic but a great way to help pay for school) and profit margins in the low-to-mid single digits before paying the owner is not uncommon.