20 years in business Chicken Wings restaurant located in a small town near Covington, GA. Semi-Absentee owner-operator business that grosses close to 400k a year in sales with the owner netting over 100k.
6 employees with 3 full-time and 3 part-time.
Some of the expenses:
Gross Sales: $342,767
Food Cost: $116,200
Payroll: 70,200
Rent: 25,200
Utilities: 3,100
Phone/inrernet: 3,000
Owner’s take $36,000 plus profits adding up to little over 100k.