How does Uno monitor and evaluate the financial performance of its restaurants? Profit margins in the restaurant
Question:
How does Uno monitor and evaluate the financial performance of its restaurants?
Profit margins in the restaurant business average three to five cents of every dollar of revenue. When you’re managing pennies, accounting for them is critical to growing a successful business. Pizzeria Uno has learned to manage its financials effectively and grow dramatically.
The Pizzeria Uno Restaurant Corporation started in 1943 and was taken public in 1987. Currently the chain operates in 31 states and four foreign countries with more than 200 restaurants, both franchised and company-owned. Its average restaurant generates $2 million in revenues annually.
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Foundations Of Business
ISBN: 9780538744515
2nd Edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor