Restaurant Owner Forced to Charge $16 for BLT to Cover Soaring Business Costs
-
Restaurant owner charges $16 for a BLT due to rising business costs like rent, utilities, labor.
-
Monthly expenses breakdown - $20k rent, $6k utilities, $60k labor. Needs to sell 93k sandwiches just to break even.
-
Owner signed lease pre-COVID now dealing with different economy - revenue down $350k per store but costs rising over 30-40%.
-
Started business in 2010, now owns multiple restaurant brands.
-
Friend confronted owner about $16 BLT price. Owner explains detailed business costs that factor into meal prices.