Monthly Revenue and Costs for a 30-Table Restaurant in Los Angeles

Estimating the monthly revenue and costs for a 30-table restaurant in Los Angeles involves careful consideration of various factors, including location, type of cuisine, and operational efficiency. Below is a detailed breakdown to help potential restaurateurs and business owners make informed decisions.

Revenue

To estimate the revenue, we need to calculate the average check size, turnover rate, and number of customers per day.

Assumptions:

Assume an average check size of $25 per person. If each table turns over 2 times per meal service (lunch and dinner), with a combined turnover of 4 turns per table per day.

Daily Revenue Calculation:

Tables Turns per day Total customers per day Daily Revenue 30 4 120 $3,000

Monthly Revenue Calculation:

Assuming the restaurant is open 30 days a month:

Monthly Revenue: $3,000 x 30 $90,000

Costs

The primary costs for a restaurant include food and beverage expenses, labor, rent, utilities and operating expenses, and marketing. Let's examine each of these in detail.

Food and Beverage Costs

Typically, food and beverage costs can range from 25-35% of revenue. For this calculation, we'll assume 30%.

Monthly Cost: $90,000 x 30% $27,000

Labor Costs

Labor costs can range from 30-35% of revenue. Let's assume 30%.

Monthly Cost: $90,000 x 30% $27,000

Rent

Rent in Los Angeles can vary widely. A rough estimate for a medium-sized restaurant might be $5,000 to $15,000 per month. Let's assume $10,000.

Utilities and Other Operating Expenses

This includes utilities, insurance, and maintenance, which could range from $2,000 to $5,000 monthly. We'll estimate $3,000.

Marketing and Miscellaneous

It's essential to set aside around $1,000 for marketing and other miscellaneous expenses.

Total Monthly Costs:

Expense Monthly Cost Food and Beverage Costs $27,000 Labor Costs $27,000 Rent $10,000 Utilities and Other Operating Expenses $3,000 Marketing and Miscellaneous $1,000 Total Monthly Costs $68,000

Summary

Estimated Monthly Revenue: $90,000
Estimated Monthly Costs: $68,000
Estimated Monthly Profit: $90,000 - $68,000 $22,000

These figures are rough estimates and can vary significantly based on the specific restaurant's situation, market conditions, and management practices.

For a more accurate estimation and successful business planning, conduct thorough market research and consult with industry experts. Remember, setting realistic goals and understanding your niche can greatly influence the success of your restaurant venture.