How much can you make as a caterer?

How much can you make as a caterer?

How Much Do Caterer Jobs Pay per Hour?

Annual Salary Weekly Pay
Top Earners $41,500 $798
75th Percentile $31,000 $596
Average $27,333 $525
25th Percentile $21,000 $403

How much profit should I make on catering?

Food businesses average 4 percent profit. Net profits from catering should be well over 10 percent, and ideally closer to 15 percent.

Is catering a good business?

Catering can be a lucrative business for restaurants. It helps you reach new customers and supplement dining room sales. It all comes down to finding the right balance of dishes that create loyal customers and drive profits, and you can start by looking at each individual component of your catering business.

What education do you need to be a caterer?

There is no specific caterer education requirements needed to become a caterer, though you may benefit from attending culinary school or other catering training. Working as a waiter or in another role in the food service industry – such as host, busser, or bartender – also helps.

What is a good price for catering?

Average catering cost per person

Catering service Cost per person
Formal dinner $145 per person
Informal food stations $25 – $45 per person
Buffet $23 per person
Corporate event $70 per person

How do you calculate profit margin for catering?

True food cost gross profit margin

  1. (Selling price – cost of goods) / selling price = gross profit.
  2. For example: an item that sells for $10, and that costs $3, would generate gross profits of $7 (selling price – cost of goods) and a gross profit margin of 70% ($7 / $10).