Originally Posted by peacepipe
BS,overhead for a restaurant is extemely low.80% percent of the overhead gets 2 dollars an hour. the rest get minnimum wage. just to give you an idea, say you have a staff of 10 servers,one table comes in spends 40 bucks. your 80% of your overhead is already taken care of for 4 hrs. 2 tbles & your waitstaffs pay is taken care of for a 8 hr shift. that coke your buying for 2 dollars only cost dennys like 2 cents. dennys as well as other restaurants are doing just fine.
OK what about utilities, rent or loans on the expense of building a store, I guess the equipment that they cook and clean with were free or the tables and chairs then ewe have liability insurance. UN-employment insurance, the employers portion of FICA,
Yep just a few things that are called overhead I Can go on.
But I think I just blew your thoughtless post of out of the water.
About 80% of restaurants that go into business fail within 5 years.
Oh just another expense franchise fees often 5-7% of the revenue.
I know to liberals overhead is just those pesky employees dollar values.