Must-Know Benchmarks for Restaurant Success

The article from OpSyte outlines critical benchmarks for evaluating performance in the restaurant industry. It emphasizes key metrics such as food cost percentage, labor cost percentage, and prime cost, which are essential for assessing profitability and operational efficiency. The piece also discusses the importance of monitoring sales per labor hour and table turn rates to optimize staffing and maximize revenue. Additionally, it highlights the need for regular financial analysis to track performance against industry standards and make informed business decisions. Understanding and utilizing these benchmarks can help restaurant operators improve their financial health and competitive positioning.