Originally Posted by
Johnson85
I mean margins on each meal are small. When it's all said and done, almost all restaurants end up with small margins (<3%), but usually the margin they make on each meal goes up with the price of the average ticket so that more expensive, sit down restaurants can get by with doing lower volume. The Bonefish on the coast was in a good location and used to do a lot of volume with it being normal to see crowds waiting outside. Maybe their business dried up as more restaurants came in after Katrina, but Bonefish shut down a lot of restaurants at once (of which the Coast was one), which makes me think that their margins are smaller than other equivalent chains, as all the ones I've seen stay busy.