With the past two years of Covid behind us, we would all hope to start seeing great margins come back. However, even in a post-Covid time, there are still a lot of things that are jeopardizing those margins. Things like higher food costs, supply problems, and consumer behaviors have changed.
Restaurant owners now see trends of even tighter margins in the industry. Currently, full-service restaurant profit margins are between 2-6%, while fast food or food trucks hover around 6-9%.
But don’t be distressed by this news as savvy managers learn ways around this new normal. So, lock in on these unique ideas for increasing your margins!
Leave a Reply