How profitable can the restaurant industry really be?

Updated on Financial 2024-06-07
4 answers
  1. Anonymous users2024-02-11

    In fact, now the catering industry is a very bitter industry, more than ten years ago, as long as the restaurant is operated with a little dim sum, it is very easy to make money, in that period if the store profit is less than 20%, it means that the business situation is not very good, the catering industry is a veritable profiteering industry. And now with the continuous development of water and electricity, rent, raw materials, and labor, it is becoming more and more difficult for the catering industry to do, and data show that the average life cycle of restaurants is two years.

  2. Anonymous users2024-02-10

    Which piece to see? Chinese? Chafing dish?

    Snack? Or a drink? All I know is that my current net profit is 33%!

    The gross profit of general catering is basically more than 60! 50 is the limit, and if it is low, it is basically useless to make a profit!

  3. Anonymous users2024-02-09

    Not in the first few years, it would be good to be able to return to the original, and the back is more profitable, but any industry is the law of 28, and wealth is in the hands of 20% of people. Running a restaurant itself is relatively hard, not to mention all year round, you also need to understand research and development, management, publicity, management, planning, etc., but as long as you get through, you can make a fortune.

  4. Anonymous users2024-02-08

    Hello everyone! I am a post-70s entrepreneur, since these years to do virtual currency, all the way downhill, as if back to the liberation overnight, even in debt, after a year at home, in 2018 was attracted by a small catering project, because as long as the investment of tens of thousands can start, so soon started this business, after more than half a year of hard work, finally lived up to their own efforts, now now operating three physical stores, a single store turnover of about 1500 per day, Although it can't be compared with the Internet getting rich overnight, it is relatively stable, and friends who started a business in 2019 cheered themselves on

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