Costing and Pricing Menu for The Monk Restaurant

MENU DEVELOPMENT,
PLANNING AND DESIGN

TABLE OF CONTENT
Introduction
Consideration while costing and pricing menu
Produce properly cost as well as priced menu
Conclusion
References

Introduction
The following presentation relies on planning and development of
menu as it is crucial component in food and beverages industry.
In current case, The Monk restaurant is selected which is located
near railways station of England. They produces services to
consumers like drinks, classic beer, cracking wines, good quality
food etc. in order to meet the demands of consumers. Respective
restaurants wants to improve its menu list and set the price
accordingly. As it is important to meet the requirements of guest.

Key considerations which are required while costing
and pricing the menu.
Location – It means the area where the restaurants is located and
services its services to guests. While setting the price it need to be
address. If a restaurants is situation at prime location then the price
will be higher whereas it is near to roadside the consumers will
seeks to get food at lower price. In context of The Monk, they relies
in between busy street near to railway station. Therefore price will
not be higher or lower it will be moderate.