How do you calculate the Profit and Loss (P&L) of a restaurant?

Question

Accepted Answer

To calculate the P&L of a restaurant, you need to subtract the total expenses from the total revenue generated.

Calculate the total revenue by adding up all the sales from food, beverages, and other sources.
Calculate the total expenses by adding up all the costs incurred, including food and beverage costs, labor costs, rent, utilities, and other overhead expenses.
Subtract the total expenses from the total revenue to get the profit or loss.
Consider factors like inventory management, pricing strategies, and cost control to improve profitability.

Accepted Answer

Cogs+CTC+utilities+expense+tax-total revenue

Accepted Answer

Exact cogs + CTC + Utility + other expenses + tax - total revenue.

How do you calculate the Profit and Loss (P&amp;L) of a restaurant?