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For further analysis, you may need to provide more numbers. Contact us for a free consultation.
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What should your prime cost be? Prime cost is an accounting term that is critical to your business success. The individual percentages can vary depending on your cuisine, but the end result is the same. Prime cost is the total of food and beverage costs plus labor and employee benefits, including employee payroll taxes. This number is then divided by sales to achieve prime cost.
To calculate your prime cost, fill in the blanks below using annual estimates. |