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While I am skeptical as well, there are a few other scenarios that aren't being considered in your napkin math: - Selling items other than crepes: coffee, tea,
by jakebellacera 7y ago
While I am skeptical as well, there are a few other scenarios that aren't being considered in your napkin math:
- Selling items other than crepes: coffee, tea, alcohol, soft drinks, snacks, etc all have great margins.
- If the place is a cafe, customers may stay and work/read and run a tab, increasing the average revenue per customer.
- Multiple customers may arrive as a group and run up a higher tab.
- Multiple locations: compounding revenue, higher reach, etc
There are probably many more things I'm not even considering.
- Zanni 7y agoMultiple locations was my first assumption. In fact, multiple locations, some of which had closed since the peak.