#27. California Restaurants need your HELP! PPP loans gone wrong, LAPD sergeant succumbs to covid19.

“... Just as there is no single food and drink formula for restaurant industry success, there is no simple formula for a healthy profit margin. Your restaurant profit margin can be influenced by food and inventory trends your geographic location the state of the broader economy and a wide range of other factors. Generally, restaurants have a profit margin that falls between 3% and 6% (but it can be up to 10%)...” https://www.restaurant365.com/blog/what-is-the-average-profit-margin-for-a-restaurant/