In case you were wondering just how the food on the table in front of you in a restaurant was priced (I always wonder that but then again that was one of my areas of expertise in the building & remodeling industry). I had heard about food cost time three method but I figured that was a heuristic, just a general rule of thumb.

Why a 3-Time Markup Doesn’t Work: 5 Steps For Proper Menu Pricing – Total Food Service

Too many restaurants follow an old-fashioned model to price their menu: the 3-time markup. This is an outdated profit-killing practice.