How to work out gross profit?

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    beverleydawnwheelposted 8 years ago

    How to work out gross profit?

    in a restaurant

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    nearbuystore.composted 8 years ago

    Take your total income and minus any expenses you have like food,beverages,employees,rent,electricity,water and taxes you pay.Lets say you have $10.000 in cash - $7500 expenses your gross profit is 2500$...If you are talking about gross profit from a certain table of lets say 4 people that have paid 100$...You take all the above expenses except for food and beverage cost (lets say 1000$) divide by 30(days)=$33 and by total number of visitors that day lets say (10)=$3.3 a person..So from 100$ that 4 people have paid we have used $13.20 on expenses and lets say 20 dollars on food and beverage...$100-$13,20-$20=You have made $66,80 from 4 people