Man says he grossed over a million dollars with his restaurant, but took home less than $40,000 😳
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#antondaniels #restaurant #business #employees
15 Comments
Opening up a restaurant in a America is one of the worst financial mistakes you can make
This is pleasant to watch, nice job
Great video with lots of good information.
This is the kind of businesses cost breakdown more people need to see. Because you can switch food, alcohol and non-alcoholic drinks for many different things in most types of business and you get a run down of business cost in general. It would also get people to realize every businesses has to cover all of its costs to break even before they can get anywhere close to making a profit.
This dude has done everything except shook God hand
And then you've got morons out there that have never owned a business never done anything for anyone in their lives saying that the employees need to all be making at least 25 $30 an hour from him not including tips just from him.
This is why I opened a food truck. Costs are low. Stress is lower. I make significantly more.
Why is he talking about sales tax? That number isn't revenue and it isn't an expense.
Rent wasn't included
This fella is hardly "barely getting by"
He top lined $1.1M?
That list leaves hundreds of thousands of dollars
It's a f- restaurant
He isn't making silicon wafers
It's not weak it's having money first 2 that's why drug cartels take that operation to their pockets
Also makes it much more expensive when you don’t have a massive corporation backing you that gets you all those things for dirt cheap.
How much did you write off and get back in taxes??
Start watering the drinks
Bro you are throwing away 50 k you gotta figure that one out NOW, and your labor costs cannot be 35 cents per $
You are lucky to be in business