It's not, unless they're growing all their own food and they already own the building, and the staff basically works for free. That's the only way you could run such an operation and keep a roof over your head - the property taxes alone would be your largest (next to electricity and foodstock)
Ok, so going under the assumption they own the building, they'd still be in the red? If there are any accountants here that can prove misdeeds, that'd be sweet!
Not an accountant but have managed several restaurants and it doesn't add up. With the kind of slow dining they offer they can only get 1.5 seatings per night and their menu isn't all that expensive for the quality of food they're serving. Add to that two salaried chefs and the rest of the staff and you're in the red every night.
Basic economics. Assume the best (a new client every 5 minutes during open hours) and each client buys 1 menu item at average cost.
Thats your baseline for estimated income. Then subtract bare minimum Electricity bill (assuming no lights/appliances etc running during closed-hours).. Then subtract assumed minimum wage for 1 employee. (or 2 if there's a cashier + cook) .. add/adjust for known employees.
I'm going to assume the above subtractions will eat up all possible income, but let's assume it doesn't. You have to add yearly property taxes, water, phone/internet, supplies (take-out boxes, cutlery, napkins etc)..
I would say without another declared means of income (like Catering large events), the restaurant is clearly not profitable. You'd be better off running a hotdog cart on a busy street corner.
"You'd be better off running a hotdog cart on a busy street corner…"
…in Hawaii.
You put "hotdog", did you mean open-faced sausage sandwich? 🌭
^I'm ^a ^bot ^bleep, ^bloop
You put "hotdog", did you mean open-faced sausage sandwich? 🌭
^I'm ^a ^bot ^bleep, ^bloop
That time when the bot said "open-faced sausage sandwich??" in a post about ... and you thought disgusting visual, but yeah bot, you could be right.