What is a good revenue for a small restaurant?

However, if you’re still looking for a benchmark: The average monthly revenue for a new restaurant that’s less than 12 months old is $111,860.70, according to exclusive Toast survey data where 43 new restaurateurs told us their average monthly revenue for the 2019 Restaurant Success Report.

What is a good revenue for a restaurant?

While there is no one-size-fits-all answer to that question, Restaurant Resource Group claims that, on average, restaurant profit margins are between 2\% and 6\%, with full-service restaurants at the lower end of the spectrum and limited-service (or quick service) restaurants at the higher end.

What is the average yearly revenue for a restaurant?

On average, restaurant owners make between $30,000 and $155,000 a year. The restaurant size, type, location, and other factors impact the restaurant owner’s salary.

What is the profit margin for fast food restaurants?

around 6-9\%
This number depends on factors like if the location is chain-owned, franchised, or independent, but the average profit margin for a fast food restaurant (QSR) is around 6-9\%.

What is the average sales per square foot for a restaurant?

In most cases, full-service restaurants should average at least $150 per square foot, while limited-service restaurants should average at least $200 per square foot.

What is average check in restaurant?

And your restaurant’s average check is one of those useful metrics. In a nutshell, the average check is the average transaction amount that is calculated by dividing the total number of sales by the total number of guests and can be measured daily, weekly, monthly, or year over year.

What is a typical profit margin for a restaurant?

The range for restaurant profit margins typically spans anywhere from 0 – 15 percent, but the average restaurant profit margin usually falls between 3 – 5 percent.

What is the average small business revenue with no employees?

The average small business revenue with no employees is $44,000 per year, and the average revenue of a small business with employees is $4.9 million in 2021. I extracted the data into the following chart: Average Revenue by Employee Size, Small to Medium Size Business The above, average small business revenue, addresses the revenue question.

How much revenue does a restaurant make with 50 employees?

Restaurants with 50 employees typically have about 20 FTEs (Full Time Equivalents). At this time (mid-2018) a well run restaurant obtains $40-$50 revenue per hour of direct labor. So a place with 20 FTEs, or 800 hours per week of direct labor, should have revenue of 32-40k per week, roughly 1.6 to 2M annual revenue.

How much do independent restaurants make?

Several larger runaway success independents made $7 million or more. On the outside, the Slanted Door Rest grossed $15.9 million in 2010 from 150 seats (+54 bar and cocktail, + events), doing 950 covers a day. That made it the #21 independent fine dining restaurant in the US. Tao in Vegas, incidentally, has had a long run at #1.

How big is a small restaurant with 50 or less employees?

“50 or less” is massive. That isn’t a “small” restaurant by any stretch of the imagination. A small, independent, one-location, restaurant usually runs on less than twenty employees, and that’s a quite huge enterprise already.