What is Ideal Menu Price
The ideal menu price calculation is used to figure up how much you should charge for an item on your menu. The calculation is based on how much you paid for the menu item, so you will need to figure that up first. The calculation divides what the menu item cost you by your desired food cost. This is very important to use when creating your menu, you don’t want to sell a cheeseburger for $4.25 and it cost the restaurant $2.50 to purchase, that’s about a 59% food cost. We don’t have to tell you that is a recipe for disaster.
Calculation
Cost Per Menu Item / Desired Food Cost % = Menu Price