PHPNN 8 Nwy
Uploaded by
NATSOIncPHPNN 8 Nwy
Uploaded by
NATSOInc1/19/17
Know Your Truckstops:
Food Costs
Featuring:
Michael Ouimet, Oasis Travel Center
1/19/17
Restaurant
Pro,itability
Action
Plan
for
Increasing
your
Bottom
Line
1/19/17
Objective
Save
2%+
in
Food
Cost
and
Other
Expenses
The
Formula
1/19/17
Example: Food Cost %
(a)Beginning Inventory: $10,000
(b)Purchases:
$15,000
(c)Ending Inventory:
$5,000
(d)Net Sales:
$50,000
Example: Theoretical Food Cost
1/19/17
Whats
a
Good
Food
Cost
%
for
My
Location?
Food Cost Guidelines
FS /No Buffet:
28-32%
FS/Buffet:
33-36%
Grab/Go In-House:
30-35%
D&D New England:
23%
D&D Midwest:
28%
Sandwich Shop:
25-29%
Moes Southwest Grill: 25-31%
1/19/17
Action Plan (Phase I)
Objectives
(List of Goals)
Tasks
Success
(What needs to be Criteria
done to achieve
(How will success
the goals)
be identi,ied)
Get Organized
Stockrooms
Coolers
FOH
Inventory
Setup
Inventory
Forms
with
CURRENT
PRICES
Invoice
Tracking
Form
Setup and use
an Invoice
Tracking Form
Time Frame Responsible
(When will this Party
objective be
completed)
(Who
is
responsible
for
getting
this
done?)
Start
Weekly
Inventory
Track
Waste
Create
Waste
Tracking
Sheet
1/19/17
1/19/17
Action Plan (Phase II)
Objectives
(List of Goals)
Tasks
(What
needs
to
be
done
to
achieve
the
goals)
Success
Criteria
Time Frame
(When will this
(How will success objective be
completed)
be identi,ied)
Responsible
Party
(Who
is
responsible
for
getting
this
done?)
Cost Out Menu
Items
Calculate
Theoretical Food
Cost Using Actual
Menu Mix
Review/Reset
Pricing
1/19/17
1/19/17
Labor Cost
10
1/19/17
QUESTIONS?
Additional
Resources:
40
Thieves
of
Food
Cost:
http://www.chefs-resources.com/kitchen-management-tools/food-cost-tools/forty-thieves-of-food-cost/
Eight
Basics
of
Cost
Control:
http://www.hsgpurchasing.com/Articles/Eight%20Basics%20of%20Cost%20Control.htm
Tips and Tools for Controlling your Food Cost
http://www.starchefs.com/cook/business-tips/controlling-restaurant-food-cost
Consulting
Services
http://www.ouimetconsulting.com
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