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Old 03-25-2005, 06:06 PM  
Boogie3
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Join Date: Feb 2004
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It's actually rather easy to make money in the "buffet-style" restaurant biz. Especially if you specialize in it like Golden Coral, Ryans, etc.

Here is the breakdown:

1. The majority of food is low cost/high feedability (mash potatoes, mac -n- cheese, gravies, rice). These items can be purchased in bulk for near nothing. A 50lb bag of rice cost less than $30. You can feed about 200 people on a 50lb bag of rice.

2. You deal in volume customers. Example: you have a party of 10 come in to eat. 2 people go to town and eat up a lot of food. the other 8 only eat a plate or two. But they all pay $10 each. For that $100 dollars you only really give away $45 worth of food.

This allows you to have "t-bone steak night" once a week and "lobster night" once a month. This a very basic example, I could go further indepth............
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