Australia’s cafes, restaurants and caterers generated $13.7 billion in income during 2006-07, according to figures released today by the Australian Bureau of Statistics (ABS).
The main sources of income for the 15,423 cafes, restaurants and caterers were:
Takings from meals consumed on the premises (47%)
Takings from catering services (24.1%)
Sale of liquor and other beverages (19.9%)
The Australian Bureau of Statistics have released their figures for this industry for the period ending June 2007.
An alarming observation that was raised was that for 2006-07, operating profit margin was 3.8% for Restaurants and Cafes. Click here for more information.
The Catering Services performed slightly better for the year, where operating profit margin was 5.3%.
