MODULE 23: Menu Costing & Pricing

— LAUNCHING, MADE SIMPLE

 This module teaches restaurant owners how to set smart prices that align with their concept, cover costs, and drive profitability through detailed recipe costing and strategic pricing models.

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SUMMARY:
Pricing your restaurant menu isn't just about adding a markup to your costs—it’s a sophisticated process that can make or break your business. In Module 23, you'll gain a clear, actionable framework for setting prices that reflect your value proposition, resonate with your target customers, and sustain long-term profitability. We guide you through a five-step methodology: choosing your menu items, finding the real costs, setting gross margin objectives, analyzing competitors, and choosing the right pricing strategy.

You'll learn how to calculate actual costs per item—including waste, packaging, and seasonal variations—and use tools like the Recipe Mapping Worksheet and the Van Westendorp Pricing Model to make data-backed decisions. With examples, industry insights, and visual worksheets, this module transforms pricing from a guessing game into a science. Whether you're aiming for cost-plus, value-based, or competitive pricing, this module will equip you to confidently price your menu and build a financially solid restaurant.

Joining our membership gives you full access to these tools, step-by-step guides, and templates—eliminating guesswork and saving you hours of research and trial and error. With the right pricing strategy, you don’t just sell food—you build a profitable brand.
What is the Fast Startup Methodology?
The Fast Startup Methodology is a structured, step-by-step system designed specifically for launching, managing, and scaling a restaurant business with clarity, confidence, and professional-grade tools. It’s not just a checklist or a set of tips—it’s a complete framework that walks you through the entire restaurant lifecycle, from idea to grand opening to future expansion. It was built by industry experts to give you access to the same operational strategies and tools used by large restaurant chains, adapted for independent entrepreneurs and small teams.
KEYWORDS
Restaurant pricing, menu costing, food cost analysis, pricing strategy, gross margin, profit calculation, Van Westendorp model, recipe costing, menu design, restaurant profit.

Frequently asked questions

How do I know if my menu prices are too high or too low?

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What is a healthy gross margin for restaurants?

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How often should I review my menu pricing?

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Should I use just one pricing strategy or a mix?

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How can I determine the cost of each menu item accurately?

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