Burgers & fries prices
Discussion
Can't believe the naivety being shown here regarding profit margins, conventional experience shows that in order to be profitable a restaurant typically has to have a gross profit of 65 to 70%, based on food costs of 30 to 35%. Source The Caterer.
On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
Burwood said:
Sump said:
Cheeseburger and chips £1 down the road from my office, it's so sketchy. Donner burger and chips also £1.
I respectfully inform good sir that your burger is in fact either tyre rubber and old tyres at that or the colon gee of an aged goat. You're getting ripped at a quid. 
budgie smuggler said:
Hoofy said:
For this minuscule dinner:
£4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
This £4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
s me right off. Chips in a fking basket. PUT THEM ON THE PLATE SThat's why they do it.
I prefer to eat in places you can't count the number of chips at a quick glance.
FiF said:
Can't believe the naivety being shown here regarding profit margins, conventional experience shows that in order to be profitable a restaurant typically has to have a gross profit of 65 to 70%, based on food costs of 30 to 35%. Source The Caterer.
On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
It's staggering that so many people don't understand basic finance. And many of these people start businesses and wonder wtf went wrong. 'I turn over 10k a month and never have any money!' yeah thats because you keep buying stock which is sat in a warehouse and you gave your customers 60 days credit. Not only that but the mug is selling 5'rs for 4.50. Amazons model On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
True conversation about a yr ago. Chap contacted me to buy something. Got down to brass tacks and he said 'I'm currently buying from X at cost+3%' This when the min in the industry would be 50%. bloody idiot
Hoofy said:
budgie smuggler said:
Hoofy said:
For this minuscule dinner:
£4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
This £4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
s me right off. Chips in a fking basket. PUT THEM ON THE PLATE SThat's why they do it.
I prefer to eat in places you can't count the number of chips at a quick glance.
Vyse said:
Well that's just stating the obvious. It still doesn't excuse the fact how much profit is extracted from such low cost ingredients.
If you think that burgers are a "profitable" business, then you clearly know nothing about the industry. You want to find fault with restaurant food mark-ups, go look at the pizza example - you would pay 300% or more to make a "burger and fries" that's charged roughly same as a high street pizza/Italian chain.Granfondo said:
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You want a good laugh, look into how some of the upper end chains source their beef. Then compare with the sh*te quality processed meat that you're served on top of chain pizzas. You're still paying the same £12-15. I know where my money would be going.
Edited by C70R on Friday 28th April 10:05
Burwood said:
Hoofy said:
budgie smuggler said:
Hoofy said:
For this minuscule dinner:
£4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
This £4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
s me right off. Chips in a fking basket. PUT THEM ON THE PLATE SThat's why they do it.
I prefer to eat in places you can't count the number of chips at a quick glance.
Also, anyone who eats crisps with tweezers irrespective of how much said crisps are needs to have a word with themselves.
Edited by Hoofy on Friday 28th April 10:05
Hoofy said:
Burwood said:
Hoofy said:
budgie smuggler said:
Hoofy said:
For this minuscule dinner:
£4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
This £4.50 as it's a child's portion. But I've had to pay upwards of £13 in the past. I have to desperately convince myself that the pub is a really nice environment to be in.
s me right off. Chips in a fking basket. PUT THEM ON THE PLATE SThat's why they do it.
I prefer to eat in places you can't count the number of chips at a quick glance.
Also, anyone who eats crisps with tweezers irrespective of how much said crisps are needs to have a word with themselves.
Edited by Hoofy on Friday 28th April 10:05
they are in fact 5 crisps at $11 each. Hey in Dubai in the cocktail bar at the Burj you can buy a cocktail for $1,000 and i am sure they sell them. I had dinner there. Waiter presents me with a water menu. He thought I was serious when i told him that I would have thought id have more than 14 different waters to choose from. I literally lol'd when he poured the champagne by holding the bottle above his head and did some kind of balletesque pirouette.
Anyone watch that show on Hotels running at the moment. The hotel in Morocco at £35k a night. Own bar, 3 floors and a housekeeper creeping around brushing all the carpet fibres the same way. In a word, what a load of bks. Pretentious bks.
Anyone watch that show on Hotels running at the moment. The hotel in Morocco at £35k a night. Own bar, 3 floors and a housekeeper creeping around brushing all the carpet fibres the same way. In a word, what a load of b
ks. Pretentious bks. Burwood said:
FiF said:
Can't believe the naivety being shown here regarding profit margins, conventional experience shows that in order to be profitable a restaurant typically has to have a gross profit of 65 to 70%, based on food costs of 30 to 35%. Source The Caterer.
On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
It's staggering that so many people don't understand basic finance. And many of these people start businesses and wonder wtf went wrong. 'I turn over 10k a month and never have any money!' yeah thats because you keep buying stock which is sat in a warehouse and you gave your customers 60 days credit. Not only that but the mug is selling 5'rs for 4.50. Amazons model On these various restaurant rescue shows they repeatedly discuss pricing by taking cost of jngredients and multiplying by 3 or 3.5.
Still be goateed powerfully built directors would get Michelin stars with a frying pan and a single gas ring and a gross margin of victory % no doubt.
True conversation about a yr ago. Chap contacted me to buy something. Got down to brass tacks and he said 'I'm currently buying from X at cost+3%' This when the min in the industry would be 50%. bloody idiot
As to suites at 35k a night, who cares? If they want £1000 cocktails and 5 crisps for £50, more fool them. It employs people, including the woman combing the carpet. Plenty here employ a cleaner when the lazy b
ds could do it themselves, what's the difference?FiF said:
I'd like to believe that, considering the price, we're looking at 5 stacks of crisps there, bit like 5 mini stacks of Pringles, but sadly guess it's not the case. Whoever is involved with that, either from supplier or customer angle needs to give themselves a good sharp slap.
It's Dubai, FFS. The whole place revolves around people who think that spending money without thinking about it is the greatest thing in the world.Moominho said:
My favourite burger place is Hache burger, I've been to the one in Shoreditch three times now and the burger has been perfect every time.
Agree with everyone else that Five Guys is overrated.
I do think that a lot of the ire in this thread is directed at the Five Guys model. Pseudo-premium pricing, mediocre surroundings, fast-food quality meat.Agree with everyone else that Five Guys is overrated.
Vyse said:
Well that's just stating the obvious. It still doesn't excuse the fact how much profit is extracted from such low cost ingredients.
It might be stating the obvious but it all has to come out off the profit generated by the meal!Granfondo said:
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Wages
Rates/rent
Utilities
Tax
Wastage
Advertising
Bank/credit card charges
Maintenance/servicing
Accounting
Wages
Rates/rent
Utilities
Tax
Wastage
Advertising
Bank/credit card charges
Maintenance/servicing
Accounting
Percentages mean f#ck all to be honest,which would you rather make 1% on a million pound sale than 900% on a burger!
Turnover for vanity bottom line for sanity.
battered said:
These points have it. If burgers are such a road to riches, open a shop, then come back here and tell us how it funds your Ferrari at 3k a month.
As to suites at 35k a night, who cares? If they want £1000 cocktails and 5 crisps for £50, more fool them. It employs people, including the woman combing the carpet. Plenty here employ a cleaner when the lazy bds could do it themselves, what's the difference?
If it was so hard to make profit on a burger bar, why is there an explosion of them all over the place? I can only think that so many people are opening burger businesses as they realise the money to be made?As to suites at 35k a night, who cares? If they want £1000 cocktails and 5 crisps for £50, more fool them. It employs people, including the woman combing the carpet. Plenty here employ a cleaner when the lazy b
ds could do it themselves, what's the difference?Boozy Cow give their profits away to charity. They've managed to afford to give away nearly £500,000 in the last two years from two restaurants.
They only started a couple of years ago and had the additional expense of moving one of their two restaurants to bigger premises and have now opened a further two restaurants.
The owner predicts that the charitable donations will exceed £1m per year.
So what is he doing do much better than all the other burger bars that he can afford to pay out significant amounts of money whilst funding his lavish lifestyle?
C70R said:
FiF said:
I'd like to believe that, considering the price, we're looking at 5 stacks of crisps there, bit like 5 mini stacks of Pringles, but sadly guess it's not the case. Whoever is involved with that, either from supplier or customer angle needs to give themselves a good sharp slap.
It's Dubai, FFS. The whole place revolves around people who think that spending money without thinking about it is the greatest thing in the world.Gassing Station | Food, Drink & Restaurants | Top of Page | What's New | My Stuff