The restaurant industry is a vital cornerstone to this country’s economy. In fact, the industry has an estimated 1.8 trillion dollar impact on the US economy. Unfortunately, as of now over 60% of new restaurants fail in the first three years in America. This is largely due to the fact they cannot calculate their food costs and profit per serving. With that in mind, Windsor Foods has created an app that gives restaurants a much needed tool for success. It is called the Windsor Food Cost Calculator and here is how it works.
There are two sections called “Cost Per Piece” and “Cost Per Case”. In the “Per Case” section you enter the menu item whether it is ravioli, chicken, Steak, whatever your menu calls for. Then, enter the price you paid for and the number of units, or pieces, in the case. Input the number of pieces or serving size you want to serve, what you paid for, the garnishes or sauces to accompany it, and finally the menu price you would like to set. The calculator will then tell you how profitable it is per serving, as well as per case, and give you what your food cost percentage is. It also allows you to adjust the menu price up or down to best suit your needs or profit targets. The “Per Piece” section is similar in that you calculate per piece instead of per case.
Users have reported using this calculator to turn restaurant losses into profits in the blink of an eye. With over 50,000 downloads and counting, any restaurant owner out there should check it out. You can download the Windsor Foods Cost Calculator on iOS or Android devices in the appstore today.
For more information, visit “WindsorFoods.com“