What Is the Profit Margin for a Restaurant With $500K Revenue?

The Short Answer

A typical restaurant with $500K revenue has a net profit margin of 3-9%, yielding $15,000-$45,000 in profit. Full-service restaurants average 3-5% while fast-casual averages 6-9%.

The Detailed Breakdown

Margins benchmarked against National Restaurant Association industry averages for full-service establishments.

CalculationValueAssumptions
Net Profit (5%)$25,000Average full-service restaurant margin
Gross Profit (60%)$300,000After food costs (COGS) of 28-35%
Labor Cost$150,000Typically 30% of revenue

Key Assumptions

  • Food cost (COGS) at 30-35% of revenue.
  • Labor cost at 28-32% of revenue.
  • Overhead (rent, utilities, insurance) at 25-30% of revenue.

Adjust for Your Situation

A $500K restaurant netting 5% ($25K) is performing at industry average; aim for 8%+ through cost control.

Use the Free Calculator

What Affects This Result

Food Cost Control

Every 1% reduction in food cost adds $5,000 directly to profit.

Labor Efficiency

Overstaffing is the top margin killer in restaurants.

Concept Type

Fast-casual earns 2-3x the margin of full-service due to lower labor needs.

Frequently Asked Questions

Related Questions