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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue. In this article: How to calculate your profit margin for your bar What is the average profit margin for bars? Train your staff to follow these portion control standards and regularly monitor their performance.

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Tips Saudi Restaurants Can Use to Get their Menu Pricing and Food Costs Right

The Restaurant Times

This article explains how restaurants in Saudi Arabia can do correct restaurant menu pricing and keep their customers satisfied. . Restaurants must maintain an account for the price fluctuation of items such as fruits, vegetables, and meat, according to seasonal or economic factors such as inflation and taxes. Volatile Food Costs.

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

In this article, we explore what gross profit margin is, how to calculate it, and how it is distinguished from other profitability metrics like net and operating margins. Gross profit margin is a fundamental financial metric that reveals the percentage of revenue left after accounting for the cost of goods sold (COGS).

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4 Proven Strategies Operators in Saudi Arabia Must Know To Grow Their Restaurant Profit Margin

The Restaurant Times

This article explains how restaurants in Saudi Arabia can calculate the net restaurant profit margin and improve it over a period of time. . One can calculate the net restaurant profit margin for an accounting period by dividing net income by sales. Anything above 20% can be considered to be a decent restaurant profit margin.

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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

This article explores effective strategies for controlling food costs while maximizing restaurant revenue. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control. Dishes with higher contribution margins should be given prominence on the menu.