[DuncanWaring]

“We think we’d need to increase menu prices by something like 50 percent.

If 30% of your expense structure increases in cost by two thirds, your overall expense increases by 20%, not 50%.

[dangerdoc]

Probably factoring in lost business related to the increase in prices.

[csivils]

“If 30% of your expense structure increases in cost by two thirds, your overall expense increases by 20%, not 50%.”

The 30% hourly wages went up... Do you think the management salary won’t go up too? Or the costs of their materials to make the food? Or the costs to clean the restaurant... it keeps going.