What is Food Cost Percentage?
Food Cost Percentage is defined as: Cost of food ingredients as a percentage of food revenue. Industry benchmarks target 28-35% depending on concept.
What data source is used to measure Food Cost Percentage?
Food Cost Percentage is typically measured using data from a POS / Inventory System. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Which industries track Food Cost Percentage?
Food Cost Percentage is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Food Cost Percentage?
Firehawk Analytics connects directly to your POS / Inventory System and delivers a live Food Cost Percentage dashboard. Configuration is completed within 48 hours — no data analyst required on your team.