RESTAURANT WINE MARKUP POLL -> Markup

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TOPIC: Markup

Posted By: Roly Masferrer Posted On: May 24, 2004 Views: 1037

Markup The term "mark up" is not a factual term. What we should focus on is profit. In the $7 bottle that sells for $30, the restaurant is making a 76% profit. This in my opinion is a bit excessive. I think it would be ok to double the price and sell it at $14, this would give the cafe a 50% profit margin on the wine.