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With 15/hr minimum wages, restaurants and bars in NYC have to aim for something like 8% of revenue spent on rent to break even (meaning you need to target 50-60
by bpicolo 7y ago
With 15/hr minimum wages, restaurants and bars in NYC have to aim for something like 8% of revenue spent on rent to break even (meaning you need to target 50-60k a month before you begin to break even on a fairly small space)