GITNUX MARKETDATA REPORT 2024
Statistics About The Average Restaurant Profit Per Month
The average restaurant profit per month varies widely based on factors such as location, size, concept, and management, but industry estimates range from a few thousand to tens of thousands of dollars.
In this post, we explore a plethora of statistics surrounding the average profit margins and earnings of various types of restaurants. From fine dining establishments to fast-casual joints and cozy cafes, we delve into the numbers behind their monthly profits and revenue streams. With insights on average profit per square foot, net profit margins, and the impact of brand familiarity, this analysis sheds light on the financial landscape of the restaurant industry.
Statistic 1
"Full-service restaurants report an average monthly profit of $17,000."
Statistic 2
"45% of restaurant owners say their profits are 15-20% of their total revenue."
Statistic 3
"The net profit margin for full-service restaurants was on average 6.1% of total revenue."
Statistic 4
"Restaurants in the US generate on average $540 daily in revenue, which contributes toward monthly profit."
Statistic 5
"Fine dining restaurants earn a net profit margin of between 6.1 and 6.4%."
Statistic 6
"Fast-casual restaurants, such as Chipotle and Blaze Pizza, have an average profit margin of between 6 and 9%."
Statistic 7
"Cafes report average monthly profits around $2,500."
Statistic 8
"On average, 90% of independent restaurants close during the first year, affecting the overall calculated average profit."
Statistic 9
"Average restaurant profit margin generally falls between 2% to 6% but can go as high as 10%."
Statistic 10
"For fine dining restaurants including wine costs, the average monthly profit is generally higher - 6.5 — 7%."
Statistic 11
"Food and drink sales of the U.S. restaurant industry were projected to exceed 780 billion U.S. dollars in 2020."
Statistic 12
"Fast food franchises tend to have a higher average profit per month due to the overall attractiveness and familiarity of the brand."
Statistic 13
"The average pub restaurant makes a profit of between $25k to $30k per month."
Statistic 14
"On average, coffee houses and bakeries generate between $200-$350 in sales per square foot affecting their monthly profit."
Statistic 15
"The average sushi restaurant makes about $40k in profit per month."
Statistic 16
"On average, steak restaurants report $50k-$100k in profit per month."
Statistic 17
"The average restaurant generates $51 profit per square foot annually, impacting average monthly profits."