industry benchmark?

Question

turn over$256,000
labour $45,000
food cost 22%
oerhead 18%
rental ofkitchen 21%

can you see the problem from above costs? where to save money? what's happening to business?

Answer 1

Sales $256,000
Labor $45,000 or 18%
COGS $56,320 or 22%
Overhead $46,080 or 18%
Rent $53,760 or 21%

Profit is 54,840 or 21%

For a quick service restaurant, this would be awesome. It is hard to evaluate further without additional information. COGS is very reasonable as 30-50% is not unusual in the food business. Labor is reasonable. Overhead is very high, and likely there is some opportunity in this. Rent may be better spent procuring the asset rather than leasing, but without further information of the company's financial health and strategic goals, it is inconclusive.