Tag Archives: restaurant accounting management

What is Prime Cost in the Restaurant Industry?

By Brad Miller, Operations Associate

Image credit: Flickr by 401(K) 2013

Image credit: Flickr by 401(K) 2013

In the restaurant business, a lot of percentages are thrown around as gauges of success or financial health. Food cost, liquor cost, occupancy cost, labor cost, controllable costs… just to name a few. None are more important, however, than the big one: PRIME COST.

Read on: restaurant prime cost