How this Restaurant Profit Calculator Works
Running a restaurant and need to calculate your net profit accurately? Our Restaurant Profit Calculator helps you determine your net profit and profit percentage, factoring in all your major expenses.
Using the Calculator:
- Total Revenue: Enter the total revenue your restaurant has earned.
- Cost of Goods Sold (COGS): Input the cost of goods sold, including ingredients and other direct costs.
- Labor Costs: Enter the total labor costs for your restaurant.
- Overhead Costs: Include costs such as rent, utilities, and other operational expenses.
- Miscellaneous Costs: Include any other additional costs such as marketing or supplies.
- Calculate: Click the "Calculate Profit" button to determine your net profit and profit percentage.
Restaurant Profit Calculation Formula:
The formula used to calculate the net profit is:
Net Profit = Total Revenue - (COGS + Labor Costs + Overhead Costs + Miscellaneous Costs)
The profit percentage is calculated as:
Profit Percentage = (Net Profit / Total Revenue) × 100
For more information on restaurant management and maximizing profits, visit the Restaurant News.