The restaurant industry is facing rising costs on multiple fronts...
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Food Supply Chain Disruptions: Supply chain disruptions, like shortages of key ingredients and disruptions in transportation, are driving up the costs of sourcing ingredients and menu items.
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Labor Shortages: A shortage of skilled and experienced restaurant staff has resulted in increased wages, sign-on bonuses, and other incentives, causing a significant increase in labor costs.
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Inflation: General inflation has led to higher costs for everything from utilities to rent, impacting the overall operational expenses of restaurants.
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Health and Safety Measures: Adhering to strict health and safety regulations, particularly during COVID-19 pandemic, has required investment in personal protective equipment (PPE) and sanitation supplies.
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Delivery Services and Commissions: Restaurants relying on third-party delivery services are often faced with high commission fees, further eating into their profits.
These cost challenges have forced many restaurants to adapt by raising menu prices, implementing cost-saving measures, and exploring innovative solutions to remain competitive and sustainable in a rapidly changing environment.
We have a Solution to fight these costs...
...Turn a negative into a positive by using an expense to create revenue.
How does it work
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Every credit card processing company buys the rates at the same price. The difference from how fees are distributed is based on the Margin these companies want to make on any given merchant account. These fees vary based on how cards are processed to contract negotiations made by the merchant and processor.
That Margin is where we come in!
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Once we determine this amount, 25% of that total profit on the merchant account will be returned back to your bank account each month.
It's that simple!
Now you just have to pick which program you want to revenue share in
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Traditional Processing: We would ask for a current statement to review how cards are being processed. From there we will show you a quote on what we can save you over your current plan. If you like what you see we will set you up with a new account using your current rates and fees but the difference is you will share in the revenue this time. 25% of the total profit will be returned to you after each statement period.
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Dual Pricing / Cash Discount Processing: This process has become the latest way to recoup even more revenue. How it works is the merchant will have a credit price and a cash price option for the customer to pick from. The card price will have 3.99% added to it covering all fee's and equipment costs. Click here for further explanation on this program. The merchant will also revenue share 25% on the profit.
What's great with this program is all your fee's go away and the profit margin is much higher than the Traditional Processing. Using this program you will create a whole new revenue stream for your business every month from your own processing volume. In many cases will allow you to upgrade your current processing equipment at no additional costs.​