You operate a 100-seat full-service upscale casual restaurant that serves dinner only, no takeout, and is open
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Question:
You operate a 100-seat full-service upscale casual restaurant that serves dinner only, no takeout, and is open from 5-11PM daily. In the month of March, the restaurant will be open 25 days. To fund the opening of the restaurant, you brought on a group of investors, who expect you to target a monthly RevPASH of $14.00.
a) To hit your RevPASH target, what should you target for Total Sales in March?
b) If your check average is $35.00, how many covers in total and per day (on average) do you need to serve in March to achieve this RevPASH target?
c) What average daily seat turnover should you target?
Related Book For
Understanding Business Ethics
ISBN: 9781506303239
3rd Edition
Authors: Peter A. Stanwick, Sarah D. Stanwick
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