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Free Restaurant Profit Margin Calculator
Know where your profits are coming from (and going to) with this free template
Know where your restaurant stands profit-wise in just a glance
Identify areas to improve on to increase your profit margin
Completely customizable to meet your restaurant's needs
Know where your restaurant stands profit-wise in just a glance
Identify areas to improve on to increase your profit margin
Completely customizable to meet your restaurant's needs
How to use your profit margin template
Keep track of where you are earning and spending money with this free template.
Add in all your total restaurant revenue from all sources.
Add in your total expenses like CoGs, labor and more.
Calculate your profit margin to see where you stand.
Make adjustments to areas to improve your margins.
What should you include to calculate profit margin?
To calculate your restaurant profit margin, you’ll need the following numbers:
- Total revenue, or the total sales of food, beverage, and merchandise
- Cost of Goods Sold, or what you pay for food and beverage
- Labor costs, for both hourly and salaried employees (including benefits!)
- Other expenses, like rent, utilities, maintenance, marketing, and anything else you spend to run your restaurant
What is an average restaurant profit margin?
This varies from restaurant to restaurant, but the average profit margin for a full-service restaurant ranges from 3-5%. For restaurants that are quick service or food trucks, operating costs are lower, leaving profit margins considerably higher, at 6-9%. You should assess your profit margin weekly or monthly to spot trends and make judgements.
How does this free template stack up to 7shifts?
Compare how functionality of this Excel sheet against a robust team management platform like 7shifts.
Profit Margin Calculator | |
Discover more efficiencies to save time and money with 7shifts
That is just one piece of the puzzle
A powerful team management platform like 7shifts is the perfect addition to your tech start. Connecting your schedule to your POS and payroll systems can uncover efficiencies you never even realized.
Restaurants save
with 7shifts
6666%
Less time creating and managing schedules
6060%
Less unbudgeted labor
5050%
Less calls, texts, and emails
Trusted by over 1.5 million restaurant pros
Free Restaurant Management Excel Templates
Welcome to your complete collection of scheduling and restaurant management resources to grow your restaurant
Excel templates made for restaurants. Download all the tools you need to help you save time, money, and streamline your operations.
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Download the free excel tip pooling calculator to help determine and distribute tips to your employees using tip pools.
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Restaurant Schedule Template
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