Considering this place is a cafe and runs only during day starting very early, it can run at 12 hrs day. Let's also take the normal accounting standard of 30days per month.
This gives us:
Monthly income: 1.73 x 12 x 30 x X
Where X is the avg hourly nr of people in the cafe'.
Say X is 15 --> Monthly revenue: Eur 9400
Considering 1 waiter at a cost of 4000, rent at a cost of 2000, utilities at a cost of 500, food/coffee at 1000, we have about EUR 2000 of profits for 1 cafe'. Excluding amortizations and other overhead I probably forgot to consider.
But I think 15 hourly is a bit optimistic, how big is this place?
First, all back in Euro, the a 20%VAT gives us:
1.73 per hour
Considering this place is a cafe and runs only during day starting very early, it can run at 12 hrs day. Let's also take the normal accounting standard of 30days per month.
This gives us:
Monthly income: 1.73 x 12 x 30 x X
Where X is the avg hourly nr of people in the cafe'.
Say X is 15 --> Monthly revenue: Eur 9400
Considering 1 waiter at a cost of 4000, rent at a cost of 2000, utilities at a cost of 500, food/coffee at 1000, we have about EUR 2000 of profits for 1 cafe'. Excluding amortizations and other overhead I probably forgot to consider.
But I think 15 hourly is a bit optimistic, how big is this place?