The average cost of goods sold in the restaurant industry varies, but it sits around 30% to 35%
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Average Bar Revenue Per Square Foot
For the year 2018, the bar and nightclub industry in the United States has increased to $28 billion in revenue with steady growth since 2013.
Guide To Average Markup Of Food Costs For Restaurants
The food industry abides by a cost-to-menu price standard, which is 28% to 32%. This means that for any given menu item the restaurant should charge at least double.