Free Restaurant Menu Pricing Template — Price Every Dish for Profit

Free Restaurant Menu Pricing Template
Restaurant & Food

Free Restaurant Menu Pricing Template — Price Every Dish for Profit

Four connected sheets — menu price calculator, break-even calculator, price scenario planner. Stop guessing and start pricing from your actual numbers.

👤 By SoloXLS Team 📅 April 25, 2026 ⏱ 8 min read
Free Restaurant Menu Pricing Template

Free Download

Menu Pricing Template (.xlsx) — 4 Sheets

25 dishes · Break-even calculator · Scenario planner · Works in Excel and Google Sheets

Download Free →

Most restaurant owners set menu prices in one of two ways: they match competitors, or they double ingredient cost and hope the margins work out. Both approaches fail the same way — they leave your actual cost structure completely out of the equation.

A dish priced to match the restaurant down the road may be profitable for them and a loss for you. The only price that guarantees a margin is one calculated from your own numbers.

What’s Inside This Template

Menu Price Calculator Set food cost %, labour %, overhead % once — recommended price calculates for every dish instantly
Break-Even Calculator Enter fixed monthly costs — get exact covers needed per month and per day to be profitable
Price Scenario Planner Test 3 price points side by side — food cost %, labour, overhead, net profit per portion
How To Use Guide Step-by-step instructions covering every input field and formula

Food Cost % Benchmarks

Under 28% Excellent — fine dining or high-efficiency kitchen
28–35% Good — healthy margin for most restaurants
35–40% Review — pricing or portion sizes need attention
Over 40% Critical — losing money, act immediately

How to Set Menu Prices in 6 Steps

1. Open the template and fill in your restaurant name and currency.

2. Set global assumptions: target food cost % (28–32% is standard), labour %, overhead %, and VAT/sales tax rate.

3. Enter ingredient cost per portion for each dish. Pull these from your Food Cost Calculator if you’ve already built your recipes.

4. Read the Recommended Price column — this is your minimum viable price based on your cost structure and target margin.

5. Cross-check against competitor pricing. If your price is significantly above market rate, revisit portion size or ingredient spec.

6. Apply psychological pricing adjustments — round $13.00 to $12.95. Lock the price and move to the next dish.

💡 Pro Tip

Use the Price Scenario Planner on your highest-volume dishes. A $0.50 price increase on a dish you sell 200 times a week generates an additional $5,200 in revenue annually — with zero increase in ingredient cost.

Download the Free Menu Pricing Template

Price your full menu from your own cost structure. Free, no sign-up required.

Download Free Template →

Frequently Asked Questions

What food cost percentage should I target?
For most independent restaurants, 28–32% is the standard target range. Fine dining can work at 30–35%. Fast casual and high-volume formats should target 25–28%. The lower the food cost percentage, the more revenue remains to cover labour, overhead, and profit.
Does this template work alongside the Food Cost Calculator?
Yes — it’s designed to. The Food Cost Calculator gives you ingredient cost per portion for each recipe. That number feeds directly into the ingredient cost input column in this pricing template. Used together they give a complete picture from raw ingredient spend through to recommended menu price.
Can I use this for a seasonal or rotating menu?
Yes. Duplicate the Menu Price Calculator sheet within the workbook for each menu version — summer menu, winter menu, specials board. Keep the global assumptions consistent and just update the dish names and ingredient costs for each version.
What if my costs change after I set the prices?
Update the ingredient cost in the yellow input cell for the affected dish — the recommended price recalculates immediately. Run a monthly update whenever supplier prices move to catch margin erosion before it shows up in your monthly accounts.
Scroll to Top