Retail, Wholesale Mechandisers
Just my thoughts:I think a breakfast place would have a higher profit margin. Most of that stuff (eggs, milk, orange juice, coffee, sausage, bacon, pancake mix, etc.) is relatively inexpensive to purchase in bulk.Also, (me being an alcoholic), I’m pretty sure that hard liquor would have a higher profit margin. Although a half gallon of, say Jack Daniels or Myers rum isn’t cheap, you can sell it for $5 per shot – and there’s a lot of shots in a half gallon. (I personally rarely drink hard liquor – too expensive – especially at bars or restaurants). I drink beer, and I will buy those at places and there is profit to be made – but not as much as hard liquor sales.————————-Which reminds me – this is kind of a CVP (cost-volume-profit) question. (CVP is a managerial accounting concept). As long as there is a large volume of sales, a business can make a TON of profit even if they sell their items for low prices.