Restaurant economics are very opaque in NYC since these businesses never build in public and successful ones rarely share anything about their numbers.
We want to give New Yorkers a better idea of how this industry works. If you enjoy this post, we will continue to give monthly numbers including revenues, COGS, and profit — along with answering questions.
We prefer to not give out the name, but this is a sushi restaurant in Manhattan. It is quite busy during most evenings, and we have strong online reviews.
Total Revenue: $220,868 Total Expenses: $211,750 -Cost of Goods Sold: $99,586 (45%) -Labor: $80,790 (36.5%) -Fixed Expenses: $22,882 (10.3%) -Admin Expenses: $8,492 (3.8%)
Net Profit: $9,118 (4.1%)
submitted by /u/NYC_restauranteur
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