What is the Cost Percentage of Good Food?

Good food cost percentage is an important factor to consider when running a successful catering business. It is the percentage of the total cost of food that is used to cover the cost of ingredients, labor, and overhead.

How to Calculate Good Food Cost Percentage

• Calculate the total cost of food for a given period of time.
• Calculate the total cost of ingredients, labor, and overhead for the same period of time.
• Divide the total cost of ingredients, labor, and overhead by the total cost of food.
• Multiply the result by 100 to get the good food cost percentage.

What is a Good Food Cost Percentage?

A good food cost percentage is typically between 28-32%. This range allows for a healthy profit margin while still providing quality food. It is important to keep track of your food cost percentage to ensure that you are staying within the desired range.

Tips for Keeping Good Food Cost Percentage Low

• Purchase in bulk when possible.
• Negotiate with suppliers for better prices.
• Reduce waste by properly storing and using ingredients.
• Train staff to properly portion food.

By following these tips, you can ensure that your good food cost percentage remains low and your catering business remains profitable.