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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 633 |
Essay's paper body
Our prices are competitive with the other quick service restaurants and higher than the fast-food restaurants. See Appendix L for an example of the planned menu. Our competitors have brand recognition and our promotions targeting our various markets will familiarize people with our restaurant and increase sales...
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This will increase to $554,400 by the end of the third year. The average unit price for the first year will be $9.00 and will increase to $10 by the third year. Our variable product cost will be 30% of the average unit cost and decrease to 29% by year three. Our food cost per unit is slightly lower than food costs for the industry average which is approximately 32...
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