26 Oct Restaurants — Quick Check (2011)
Bagels | 30% to 35% of annual sales |
Bars | 50% of annual sales |
Bar & Grills | (50% liquor) 40% to 50% of annual sales |
Barbecue | 30% of annual sales |
Bistros | 30% of annual sales |
Brew Pubs | 40% of annual sales |
Billiard Parlors | 45% of annual sales |
Cajun | 30% of annual sales |
Catering Businesses | 30% to 40% of annual sales |
Caribbean | 30% of annual sales |
Chicken | 30% of annual sales |
Chinese | 30% of annual sales (sales figures important) |
Coffee Houses | 40% of annual sales |
Continental | 30% of annual sales |
Delis | 30% to 40% of annual sales (30% if open 7 days; 40% if open 5 or 6 days) |
Diners | 30% of annual sales |
Fine Dining | 30% of annual sales |
Gourmet Shops | 30% of annual sales |
Hamburgers | 35% of annual sales |
Ice Cream | 35% to 40% of annual sales |
Irish | 40% of annual sales |
Italian | 30% to 40% of annual sales |
Mexican | 30% of annual sales |
Night Clubs | 20% of annual sales |
Pancake Houses | 30% of annual sales |
Pizza (if delivery) | 30% of annual sales |
Pizza (if no delivery) | 40% of annual sales |
Sandwiches | 40% of annual sales |
Seafood | 30% of annual sales (very high food costs) |
Sports Bars | 40% to 45% of annual sales |
Steakhouses | 30% of annual sales (very high food costs) |
Source: Business Brokerage Press and the Boston Restaurant Group, October 2011