Bill Veneman
Foodie
1293
Thu Mar 01, 2007 12:35 pm
East End outside of the Watterson, but not afraid to travel for good grub
Gordon M Lowe
Foodie
265
Wed Oct 27, 2010 9:16 am
German-Paristown and Highgate Springs
Bill Veneman wrote:Price point is very reasonable (my burger and a soft drink for dinner, with tip, was $19).
Jeff Cavanaugh wrote:Bill Veneman wrote:Price point is very reasonable (my burger and a soft drink for dinner, with tip, was $19).
That's what, $12 or 13 for the burger? That's not what I'd call "very reasonable." Acceptable, at best.
Steve P wrote:IMHO there isn't a burger in Louisville worth 12 or 13 bucks...least none of the ones I've tried and I've tried a lot of 'em.
Jeff Cavanaugh wrote:Steve P wrote:IMHO there isn't a burger in Louisville worth 12 or 13 bucks...least none of the ones I've tried and I've tried a lot of 'em.
I agree. Mussel Burger Bar's, at about $9, are about the highest-priced burgers in town that I think are worth the money.
Ryan Rogers wrote:Can we talk simple restaurant economics for a second here.
[...]
As foodies I trust that you understand the immense pressure this puts restaurants in and continue to support them.
Bill P wrote:Ryan-
Where, if at all, does gross profit/item figure into your pricing example? Or, is that unimportant?
Thanks.
BP
Deb Hall
Foodie
4169
Sun Mar 04, 2007 4:46 pm
Highlands , Louisville
Jeff Cavanaugh wrote:This made me curious.
I googled "Best burgers louisville" and pulled the first list I saw, which was Eater Louisville's from last April. For each, I checked the price of the basic beef burger, where possible, though in one or two cases the only burger on the menu was something special like Proof's bison burger.
For the 16 burgers on the list for which I could find prices, they ranged from a low of $6 (Bambi bar) to $16 (Proof, Harvest) with an average of $10.56 and a median of $9.
Mark R. wrote:Ryan, you used consumer prices during your calculations and restaurants don't pay consumer prices for the foods they buy. The prices they pay are considerably lower by 25% or more. By doing this it moves the pricing model very much in line with what Jeff found to be the price of burgers at most of the local restaurants.
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