and what is the cost on the marked up food?
What’s the lease cost on the deli?
Why is justification needed?
“Why is justification needed?“
Markup reflects the costs that go into presenting the product. The rough standard back in the day as far as I knew was one hundred percent. Something costs you a buck you try to charge two for it. Did this guy just pull 120.00 out of his ass or is he getting hit by his suppliers? I can tell you this, if his suppliers get wind of a monster markup like that THEY will mark up to get into the party.