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Old 10-24-2023, 02:12 PM
Bill14564 Bill14564 is online now
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Quote:
Originally Posted by retiredguy123 View Post
I think what fast food restaurants need is more customers, not fewer employees. Whenever I go to a fast food place, the dining area is almost empty.

I have greatly decreased my visits to all types of restaurants. The food and service are mediocre and the prices are too high. They really need to upgrade their food quality and service, if they want to charge $70 to $80 for a meal for two. Two glasses of cheap house wine with tip is almost $20, which is more than the cost of two bottles of wine at the grocery store.
I don't disagree with the thought but your wine example will almost always leave you disappointed. One rule of thumb for pricing wine in restaurants is the cost should be 25% to 45% of the income. In other words, the bottle of wine should be priced at two to four times what it costs.

Okay, the cost to the restaurant might be less than the cost to the grocery store and there is profit built into the price at the grocery store too but you get the idea. The cost of any food or beverage at a restaurant is likely to be two to three times the cost of the same item at the store.

We eat out less frequently as well.
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