NECTAR URBAN CANTINA
From Successful Restaurant to Scalable Business
Nectar Urban Cantina had already earned a loyal following. Guests loved the food, the atmosphere, and the energy of the restaurant. Sales were strong, and the business had established itself as a neighborhood favorite.
OPERATIONAL FOCUS
Moonshot focused on the Culinary Systems (recipe costing, menu engineering, waste tracking and purchasing controls), Budgeting, Inventory Accountability, Vendor Oversight, and overall financial reviews to lower the COGs a whole 4 points from 29.3% to 25.3%. An overall focus was placed on the efficiency of the systems throughout the operation.
RESULT
Nectar evolved from a successful independent restaurant into a far more disciplined and scalable business. The improvement in cost control of COGs and labor efficiency alone created hundreds of thousands of dollars in additional annual profitability.
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Prime Cost improved from 67% to 58%
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Labor Costs dropped from 38% to 32%
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Profitability leaped 6%
KEY OUTCOMES
