Recent content by polaroid
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Labour Cost: What’s Fair in a £1.5m Turnover Restaurant?
rent and rates are 10% of revenue before costs like labour, food, etc., but after VAT- polaroid
- Post #17
- Forum: Start Up Space
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Labour Cost: What’s Fair in a £1.5m Turnover Restaurant?
Yes, that pretty much sums it up - really good quality pizza served in a beautiful, elegant space, in a strong, high-spend area. Full-service restaurant. Great wine list, proper hospitality, somewhere people can come for a proper meal. The vibe is elevated but still warm and welcoming. This...- polaroid
- Post #11
- Forum: Start Up Space
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Labour Cost: What’s Fair in a £1.5m Turnover Restaurant?
Hi all, I’m Charles, currently planning to open a premium casual pizzeria in an upmarket area of London. The space will seat around 30 guests, with an expected daily average of 100 covers. Based on my projections, annual turnover should be in the region of £1.5 million open for lunch and dinner...- polaroid
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- Replies: 19
- Forum: Start Up Space