I need assistance pricing a menu for an event. Its buffet style for 120 people. They want chicken piccata, rice pilaf, mashed potatoes, green beans almondine, and a roast beef carving station with chimichurri. She wants a fruit platter and a cheese and cracker platter for her appetizers. My partner priced out the food to be between 300-400 and we are only supplying the food but need assistance in pricing. We want this to be fair yet profitable as well. Any suggestions??
The only suggestion I have is too work out the quantities of every food item and cost that. Then you need to estimate labor and cost that. Add some money for miscellaneous like ice, trash bags disposables, etc then add profit. I find that figuring out the food quantities is the hardest thing err a bit high and charge for it.
Is this a drop off because initially it sounds like it, but I noticed a roast beef carving station? Also as far as food cost, there is a lot of difference to the bottom line between $300 and $400. If you go with a general markup of 3x food cost your charge would be either $900 or $1200 which is a pretty big discrepancy.
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