What is menu price?
Divide the cost of a portion by your target food cost percentage as a decimal. A $4.50 portion at a 30% target suggests a $15.00 menu price before other considerations.
See it in action.
Here's an example using the numbers already in the calculator:
- 01Gather your numbers.
Cost per portion: $4.5; Target food cost: 30 %.
- 02Apply the formula.
Cost per portion ÷ (target food cost percentage ÷ 100).
- 03Review the result.
Your estimated suggested menu price is $15.00. Adjust the inputs to explore your own scenario.
Make the most of your numbers.
- Include every ingredient and garnish in the portion cost.
- Check the price against labor, overhead, demand, and your market.
- Review prices when supplier costs or portion sizes change.
Frequently asked questions.
What does the menu price calculator tell me?+
Divide the cost of a portion by your target food cost percentage as a decimal. A $4.50 portion at a 30% target suggests a $15.00 menu price before other considerations.
How often should I review this number?+
Review it whenever the underlying costs or assumptions change, and compare results consistently over time. The right frequency depends on your operation.
Is this result a substitute for financial advice?+
No. This calculator is an estimate for planning and education. Check your assumptions and consult a qualified professional when making financial or compliance decisions.
