Menu Engineering That Actually Moves Restaurant Profit
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What if the dish your guests love most, the one your servers recommend and your kitchen cranks out all night, is quietly costing you thousands of dollars a year? In this episode of “The Restaurant Prosperity Formula” podcast, I take on menu engineering that actually moves profit, starting with the mistake I see independent restaurant owners make over and over: confusing popularity with profitability. You'll hear how my CFO and restaurant coach Steve Eller broke through what he believed was a price ceiling on his burgers, what a menu review for Timbers Bar and Grill in Michigan revealed about the items it was featuring, and why I sometimes recommend trimming a sprawling menu down to 20 to 25 focused items. I also walk through the four classic menu engineering categories, explain why food cost percentage and contribution margin tell you two different things, and share how far above ideal food cost I typically see kitchens run, from no controls all the way up to rockstar chefs. You'll also learn why lowering food cost is really two jobs, not one, and the simple five-item exercise I want you to start this week.
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🖥️ Visit my website for more information about my restaurant coaching program: https://www.davidscottpeters.com/coaching/