Food Costing Calculator & Restaurant Cost Calculator
Calculate your restaurant's food cost percentage. Compare to industry benchmarks and find ways to improve margins.
Enter Your Restaurant Data
Value of food inventory at start of period
Total food purchases during the period
Value of food inventory at end of period
Total revenue from food sales only (exclude beverages)
Your Food Cost Results
0.0%
$0.00
$0.00
Your Position vs Target (28-32%)
Food Cost Benchmarks by Restaurant Type
Fast Food
Quick service, limited menu
Casual Dining
Family restaurants, diners
Fine Dining
Higher quality ingredients
Pizza & Italian
Lower ingredient costs
6 Ways to Reduce Your Food Cost
Negotiate with Suppliers
Get quotes from multiple vendors. Even 5% savings on food costs goes straight to profit.
Reduce Waste
Track and minimize food waste. Proper storage, FIFO rotation, and staff training help significantly.
Review Portion Sizes
Use portion control tools. Consistent portions prevent overserving and reduce costs.
Update Menu Pricing
Price dishes based on actual food costs. Aim for 3-4x markup on ingredients.
Engineer Your Menu
Promote high-margin items. Remove or reprice low-margin dishes that don't sell.
Track Daily
Monitor inventory and costs daily. Catch problems early before they impact monthly results.
Track Your Restaurant's Complete P&L
Go beyond food cost. Track all expenses, labor, and profits in one dashboard built for restaurant owners.
Frequently Asked Questions
What is a good food cost percentage for a restaurant?
A good food cost percentage for restaurants typically ranges from 28-35% of food sales. Fine dining often runs 30-35%, while fast food can be as low as 25-30%. Anything above 35% usually indicates problems with pricing, portions, or waste.
How do you calculate food cost percentage?
Food cost percentage is calculated by dividing your total food costs by your total food sales, then multiplying by 100. The formula is: (Beginning Inventory + Purchases - Ending Inventory) / Food Sales × 100.
How can I reduce my restaurant's food cost?
To reduce food costs: 1) Negotiate better prices with suppliers, 2) Reduce food waste through better inventory management, 3) Review portion sizes, 4) Update menu pricing, 5) Train staff on proper preparation techniques, 6) Track inventory daily to catch theft or spoilage early.
Related Tools & Resources
Explore more financial tools and guides for your business