Out of curiosity, if you don't mind sharing, what is the sort of profit you see on that 126,000 as i'm assuming alot of that goes to paying the restaurants?
Most of it goes to paying for the meal. We make around a 20% margin. Our cost to operate the business is quite low, but we do invest a lot of our personal time into it. It’s a labor of love.
Our biggest cost center is when we guarantee a minimum number of seats and come up a little short. Doesn’t happen often, but when it does it eats into the margin fast.
Most of it goes to paying for the meal. We make around a 20% margin. Our cost to operate the business is quite low, but we do invest a lot of our personal time into it. It’s a labor of love.
Our biggest cost center is when we guarantee a minimum number of seats and come up a little short. Doesn’t happen often, but when it does it eats into the margin fast.