Question
Nithik's Kitchen is a family-owned restaurant in Sydney that has been operating successfully for over 7 years Thev have a set menu limited to 5
Nithik's Kitchen is a family-owned restaurant in Sydney that has been operating successfully for over 7 years
Thev have a set menu limited to 5 meals. Details of normal operations are provided below
Revenue
Weekends: average 200 customers per day.
Weekdays: average 80 customers per day.
Average customer-order revenue: $50. The restaurant is open for 350 days/year (100 weekend days and 250
weekdays).
Wages Expenses
3 Full Time chefs - $75,000 annual salary per chef
Weekends/per day (100 days) - paid per worked shift
6 waiters - $12.50hr - each work 1 8hr shift per day
Weekdays/per day (250 days) - paid per worked shift
4 waiters - $12.50hr - each work 1 8hr shift per day
Other expenses
Food licensing - $20,000 per annum
Third party liability insurance - $15,000
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