Restaurant economics are very opaque in NYC since these businesses never build in public and successful ones rarely share anything about their numbers.
We want to give New Yorkers a better idea of how this industry works. If you enjoy this post, we will continue to give monthly numbers including revenues, COGS, and profit — along with answering questions.
We prefer to not give out the name, but this is a sushi restaurant in Manhattan. It is quite busy during most evenings, and we have strong online reviews.
Total Revenue: $220,868
Total Expenses: $211,750
-Cost of Goods Sold: $99,586 (45%)
-Labor: $80,790 (36.5%)
-Fixed Expenses: $22,882 (10.3%)
-Admin Expenses: $8,492 (3.8%)
Net Profit: $9,118 (4.1%)
by NYC_restauranteur
Dining and Cooking