Restaurant food delivery is a thriving aspect of food service that has recently exploded in growth, and is expected to continue to do so—but why? Well, people are now busier than ever and like to use services that make their life easier. Not to mention, the ongoing COVID-19 pandemic has caused customers to become more reliant on ordering meals online. According to BusinessWire, the global food delivery market is expected to hit $154.34 billion in 2023.
This means that adding delivery to your restaurant could make up a big percentage of your orders going forward.
The Costs of Providing Delivery
It’s important to be aware of all costs associated with your delivery so you can confidently continue operations if it is self-sustaining, and make appropriate changes if it is not. While your competition’s delivery fees may impact the amount you charge for your food delivery services, try to cover expenses – and, ideally turn a profit – by assessing all fixed and variable costs associated with delivery.
