Posted by Posted by: R. Schwartz on Wed Feb 26 18:34:18 1997 :
To MikeDavisI just read your comment about wine prices.It` true wine prices seem to be inflated over what you might pay.But, if you ever try to run a restaurant on a 100% markup as yousuggest,you will probably be in business less than one month.Just try to pay service personnel, utilities, taxes, rent, insurance,advertising, housekeeping, repairs, maintenance, improvements andwhatever debt you had to incurto get in business on a 100% markup with two or maybe three turns duringthe day.You` not paying for the wine - you` paying for the atmosphere, service,enjoyment, etc. If you` unhappy, stay home and enjoy your $9.99 wine.