This topic contains a solution. Click here to go to the answer

Author Question: JerzeyItaliano currently achieves sales of 1.8 million with rent of 60,000 per year. The current ... (Read 85 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
JerzeyItaliano currently achieves sales of 1.8 million with rent of 60,000 per year. The current location is 2,500 square feet. A prospective location's rent is 270,000 year and the location is 6500 square feet.
 
  JerzeyItaliano hired a restaurant consultant (you) for help.
 
  1) What is the current rent factor?
  2) What revenue will be required to achieve the same rent factor?
  3) Where will you be willing to go (rents generally 6-8)

Question 2

Explain the difference between butter and light butter.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

1) 60,000/1.8 million= 3.33
2) 270,000/3.33=8.1 million
3) (270,000/6) = 4.5 million
a. Even this amount is a lot. Achieving 4.5 million in revenue will be difficult even with 6500 square feet

Answer to Question 2

Butter has fillers. Light butter is 50 percent butter with added water, emulsifying agents, flavoring agents and coloring.



genevieve1028

  • Hero Member
  • *****
  • Posts: 601
Both answers were spot on, thank you once again



vboyd24

  • Sr. Member
  • ****
  • Posts: 341

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library