Enter the number of occupied seats, the number of turns, and the average check amount ($) into the calculator to determine the Restaurant Revenue.
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Restaurant Revenue Formula
The following formula is used to calculate the Restaurant Revenue.
RR = OS * #T * AC
- Where RR is the Restaurant Revenue ($)
- OS is the number of occupied seats
- #T is the number of turns
- AC is the average check amount ($)
How to Calculate Restaurant Revenue?
The following example problems outline how to calculate Restaurant Revenue.
Example Problem #1
- First, determine the number of occupied seats. In this example, the number of occupied seats is given as 50 .
- Next, determine the number of turns. For this problem, the number of turns is given as 4 .
- Next, determine the average check amount ($). In this case, the average check amount ($) is found to be 120.
- Finally, calculate the Restaurant Revenue using the formula above:
RR = OS * #T * AC
Inserting the values from above yields:
RR = 50 * 4 * 120 = 24,000 ($)
Example Problem #2
The variables needed for this problem are provided below:
number of occupied seats = 70
number of turns = 3
average check amount ($) = 60
Entering these values and solving gives:
RR = 70 * 3 * 60 = 12,600 ($)
