The Rustic Olive BistroExample

Sit-down restaurant · Charleston, SC · Card sales $85,000 a month

This is an example restaurant. See your own health check in 3 quick questions.

Health check

Biggest opportunity

Bring food and labor costs down: about $30,600 a year

Food and labor take 65% of sales; 62% is typical for your type. Each point back is about $10,200 a year on your card sales.

Your plan

Biggest dollar value first

  1. Bring food and labor costs down

    ~$30,600/year

    Food and labor take 65% of sales; 62% is typical for your type. Each point back is about $10,200 a year on your card sales.

    Back to 62% prime cost

  2. Move regulars off delivery apps

    ~$10,474/year

    About 18% of sales come through delivery apps at 24% commission. Moving 30% of those orders to your own online ordering keeps more of each one.

    If 30% of app orders move

  3. Ask for a better card rate

    ~$7,650/year

    Your rate is 3.1%; a fairly priced processor would charge about 2.35%. Ask in writing for interchange-plus pricing and to drop fees you don't need.

    Possible card fee savings

  4. Try a cash price

    Check the rules first

    Show a card price and a lower cash price, so card payers cover more of what cards cost you. State law and card-brand rules apply, so check them first.

Dollar figures are estimates based on your monthly card sales; they are for education, not financial advice. How we work these out