Hi Everyone,
I'm doing some research for a lunch delivery business and I'm trying to figure out the most popular lunch items (sandwhiches, wraps, etc) that have the highest profit margins. My goal is to keep food costs no higher than 20% - not quite sure if that's possible. For instance, if we sell a sandwhich for $8, is it possible to cap our food costs at just $1.60 and still turn out a decent product?
Also, where do most caterers purchase their food items? Do you use wholesale distributors or go to the local farmer's market on most occasions? I know these are probably very ametuer questions, but any and all suggestions would be greatly appreciated! Thanks in advance.
I'm doing some research for a lunch delivery business and I'm trying to figure out the most popular lunch items (sandwhiches, wraps, etc) that have the highest profit margins. My goal is to keep food costs no higher than 20% - not quite sure if that's possible. For instance, if we sell a sandwhich for $8, is it possible to cap our food costs at just $1.60 and still turn out a decent product?
Also, where do most caterers purchase their food items? Do you use wholesale distributors or go to the local farmer's market on most occasions? I know these are probably very ametuer questions, but any and all suggestions would be greatly appreciated! Thanks in advance.