4 ms·

220k earnings on 600k revenue? Does that mean your profit margin is 36% or am I missing something? I was under the impression that a successful coffeeshop runs

220k earnings on 600k revenue? Does that mean your profit margin is 36% or am I missing something? I was under the impression that a successful coffeeshop runs like a ~3%-7% margin.

seffect 2y ago
Must be the books!
jackdawed 2y ago
650k avg revenue for past few years, COGS around 350k, Gross Profit 300k, 80k expenses, SDE 220k, EBITDA 170k. Catering is also a major source of revenue.