Jun 25, 2014 12:00
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Comments 36
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How the individual margins on components of the meal break down is of secondary interest. What’s the mark up on the laundry service for the table cloth?
If the mark up on the wine is “unfair” but the total cost of running the restaurant and a “fair” profit margin is £50 per cover then the margin on the food is going to go up, or the expected tip is going to go up, or you’re going to be asked to pay a facility fee for the table.
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