Moonstone Bistro, a popular fine-dining restaurant in west Redding, has announced they will stop serving lunch, citing California’s increased minimum wage...
In Redding? No chance. Labor is usually about 30% of gross sales, about the same as COGS (ingredients). Recommended rent and associated fees are in the 6-10% range of gross sales. I don’t imagine Redding has sky high rents like an urban center.
In Redding? No chance. Labor is usually about 30% of gross sales, about the same as COGS (ingredients). Recommended rent and associated fees are in the 6-10% range of gross sales. I don’t imagine Redding has sky high rents like an urban center.