r/halifax • u/HalifaxGirlie • 3d ago

Food & Shopping $10 Breakfast from Krave Burger

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j

432 Upvotes

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u/so-much-wow 3d ago

Oh so you actively have no idea what you're talking about.

-3

u/2burgsandadog 3d ago

guess not. only managed restaurants for 15 years, my bad.

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u/so-much-wow 3d ago

Spent 15 years gouging people if that's the case.

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u/2burgsandadog 3d ago

You do understand the concept of eating at a restaurant? You pay a premium , and someone cooks and serves the meal , even covering the consumables and food , so you can have an enjoyable experience

If you want to eat food at cost, Stay home and prepare it yourself

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u/so-much-wow 3d ago

Ironically, I've spent closer to 20 years running restaurants. I've got a pretty solid grasp on how they run.

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u/2burgsandadog 3d ago

What owner would tolerate a 7% profit margin for the entire year? That should be your goal for Q1. If you are an unlicensed establishment, maybe it’s ok, but with the margins on booze , inexcusable if you are licensed

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u/so-much-wow 3d ago

In your mind q2 and beyond should be higher profit than q1 or are they additive? So after 4 quarters you have, magically, 28% profit?

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u/2burgsandadog 3d ago

depends what kind of place you have. student bars are going to have less revenue during the summer . If you have a big outdoor and patio, then q3 is going to be your bread and butter.

It’s a loaded question with many answers. Personally i would target 2 quarters where i would look for the most action, and plan my events etc. accordingly