Sunday, August 12, 2018

50 Restaurants That Make The Most Money in The U.S.


50 RESTAURANTS THAT MAKE THE MOST MONEY IN THE U.S.





We often speak about how difficult it can be to run a restaurant, how profit margins in fine dining are low and how managing to maintain a restaurant as a business can be very tough. However, this doesn’t ring true for all restaurants, in fact, many make millions of dollars a year from their highly effective, streamlined and perfectly executed systems. We’re not talking about McDonald’s here, but those spots in cityies around the U.S. that perfect the art of running a restaurant as a business.

In fact the highest grossing restaurant in the U.S, Tao Las Vegas, racks in annual sales of around $42,000,000 from 226,146 meals served, bringing them a cheque average of $90. It’s a nightclub, beach club and restaurant in one, but even with that and its celeb guest list, $42 million is mad money.


In fact, 24/7 Wall Street recently published a list of the highest grossing restaurants in the U.S and the results are both surprising and revealing.

On top of number one place, Tao have two other locations on the list: Tao in Downtown New York at number three with $33,401,819 and Tao in Uptown New York at number 14 with $23,089,638.

Number two on the list is Joe's Stone Crab in Miami where seafood is served to excess and people wait outside to sample their famous stone crabs, oysters, shrimp and snapper. They rack in an annual sales of just over $37,000,000, serving 316,000 meals a year.



16 of the overall top 50 grossing restaurants in the U.S are steakhouses and New York is where people spend the most with a total of 20 out of the 50 restaurants appearing in The Big Apple.

Below is the top 20 grossing restaurants in the U.S.
1. Tao Las Vegas
Location: Las Vegas, Nevada
Annual sales: $42,470,345
Avg. check: $90
Meals served annually: 226,146

2. Joe's Stone Crab
Location: Miami Beach, Florida
Annual sales: $37,243,159
Avg. check: $80
Meals served annually: 316,000

3. Tao Downtown
Location: New York, N.Y.
Annual sales: $33,401,819
Avg. check: $95
Meals served annually: 311,945

4. Carmine's (New York)
Location: New York, N.Y.
Annual sales: $33,147,017
Avg. check: $33
Meals served annually: 396,871

5. Old Ebbitt Grill
Location: Washington, D.C.
Annual sales: $32,662,051
Avg. check: $39
Meals served annually: 1,072,293

6. The Boathouse Orlando
Location: Orlando, Florida
Annual sales: $30,814,369
Avg. check: $43
Meals served annually: 643,829

7. Lavo New York
Location: New York, N.Y.
Annual sales: $26,822,655
Avg. check: $85
Meals served annually: 200,000

8. Smith & Wollensky
Location: New York, N.Y.
Annual sales: $25,961,337
Avg. check: $100
Meals served annually: 296,723

9. Bryant Park Grill & Cafe
Location: New York, NY
Annual sales: $25,400,000
Avg. check: $50 (est.)
Meals served annually: 420,000

10. Gibsons Bar & Steakhouse
Location: Chicago, Illinois
Annual sales: $24,700,825
Avg. check: $75
Meals served annually: 363,301

11. Junior's (Times Square)
Location: New York, N.Y.
Annual sales: $23,972,978
Avg. check: $24
Meals served annually: 950,000

12. Vandal
Location: New York, N.Y.
Annual sales: $23,680,917
Avg. check: $80
Meals served annually: 215,483

13. Prime 112
Location: Miami Beach, Florida
Annual sales: $23,100,000
Avg. check: $120
Meals served annually: 193,000

14. Tao Uptown
Location: New York, N.Y.
Annual sales: $23,089,638
Avg. check: $85
Meals served annually: 282,827

15. Joe's Seafood, Prime Steak & Stone Crab
Location: Washington, D.C.
Annual sales: $23,000,000 (est.)
Avg. check: $80 (est.)
Meals served annually: 288,000

16. The Hamilton
Location: Washington, D.C.
Annual sales: $21,978,322
Avg. check: $34
Meals served annually: 759,970

17. Joe's Seafood, Prime Steak & Stone Crab
Location: Las Vegas, Nevada
Annual sales: $21,800,000 (est.)
Avg. check: $85 (est.)
Meals served annually: 260,000

18. Bottega Louie
Location: Los Angeles, California
Annual sales: $21,720,463
Avg. check: $35
Meals served annually: 729,612

19. St. Elmo Steak House
Location: Indianapolis, Indiana
Annual sales: $21,308,565
Avg. check: $90
Meals served annually: 239,725

20. Joe's Seafood, Prime Steak & Stone Crab
Location: Chicago, Illinois
Annual sales: $21,200,000 (est.)
Avg. check: $80 (est.)
Meals served annually: 265,000

No comments:

Post a Comment

40+ Chefs Speaking at Food on the Edge 2018

40+ CHEFS SPEAKING AT FOOD ON THE EDGE 2018 PHOTO ROBBIE REYNOLDS Food on the Edge sponsored by S.Pellegrino returns on 22 and 23 October...