The annotated graphic illustration below demonstrates how skyrocketing inflation is prohibiting restaurants across Colorado from earning the 3 – 5% profit margins they made pre-pandemic, due to increases in food costs, labor, utilities, equipment and maintenance, and even essential items like takeout containers and paper bags.
If consumers aren’t willing to pay the true cost of dining out, where does that leave Colorado restaurants?
Inflation is impacting every aspect of restaurant operations in 2022, crushing any hopes of profitability for Colorado restaurants.
