Where I live, it’s currently $4Cdn for a loaf of basic white Wonder bread, it’s $8.50Cdn for a stick of salted butter, and $5.50Cdn for a pack of 22 slices of processed cheese (not the thick slice type). My country is currently going through a bit of a cost of living crisis because shelter, heating, food costs are becoming insane.
How much are those things where you live? I think it’s interesting the differences based on where we all are.
1$ for an entire grilled cheese sandwich in Canada would be considered an incredible deal for takeout food pricing.
(presuming you mean $CAD for Canadian dollars, not cdn)
$4cad = $2.90usd = 13.2c/slice
$5.50cad = $4usd = 18.2c/slice
That’s 44.5c each.
That’s 125% profit. Given that a common margin aimed for is 100%, this is a good deal with your over priced products. And I don’t believe you can’t get basic white bread for less than $4cad in Canada.
In the UK I can currently buy an 800g loaf of bread for 45p (£0.45), a 500g tub of soft spread butter substitute for 99p (£0.99), and a 200g pack of 10 cheese slices for 65p (£0.65).
Each sandwich would cost about 12p (£0.12) to make, excluding the energy costs.
Doubling up on the cheese, or using higher quality cheese would still keep it under 20p per sandwich, and that’s off the shelf costs, no bulk discounts.
Where I live, it’s currently $4Cdn for a loaf of basic white Wonder bread, it’s $8.50Cdn for a stick of salted butter, and $5.50Cdn for a pack of 22 slices of processed cheese (not the thick slice type). My country is currently going through a bit of a cost of living crisis because shelter, heating, food costs are becoming insane. How much are those things where you live? I think it’s interesting the differences based on where we all are. 1$ for an entire grilled cheese sandwich in Canada would be considered an incredible deal for takeout food pricing.
(presuming you mean $CAD for Canadian dollars, not cdn)
$4cad = $2.90usd = 13.2c/slice
$5.50cad = $4usd = 18.2c/slice
That’s 44.5c each.
That’s 125% profit. Given that a common margin aimed for is 100%, this is a good deal with your over priced products. And I don’t believe you can’t get basic white bread for less than $4cad in Canada.
Also, $1usd is $1.37cad
In the UK I can currently buy an 800g loaf of bread for 45p (£0.45), a 500g tub of soft spread butter substitute for 99p (£0.99), and a 200g pack of 10 cheese slices for 65p (£0.65).
Each sandwich would cost about 12p (£0.12) to make, excluding the energy costs.
Doubling up on the cheese, or using higher quality cheese would still keep it under 20p per sandwich, and that’s off the shelf costs, no bulk discounts.
Excuse me while I write up a business plan…