At a fancy steak house, what is my $60-$100+ per steak paying for?

3.05K viewsEconomicsOther

Quality meat? Quality cooking? Staff and other overhead costs? Etc.

In: Economics

44 Answers

Anonymous 0 Comments

About 30-50% for the food. 40% for the staff and overhead costs. 10%-30% profit.

This is going to fluctuate a lot depending on restaurant management. Been to some where you can’t figure out how they’re making money, and others where it’s like they just bought it from Kroger.

You are viewing 1 out of 44 answers, click here to view all answers.