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Old 06-16-2014, 10:14 AM   #1
Wampus
somebody shut me the fark up.

 
Join Date: 06-05-09
Location: Mooresville, IN
Default Vending pricing adjustment due to meat costs -- what's fair?

We're vending in 2 weeks at a competition that we've been a vendor at in previous years (this will be our 3rd year).

With the increase costs in meat prices this year, we're trying to figure out what's a fair price to charge for our product. Thought I'd see what you all thought....


Here's what we're paying for meat right now here in Indy....
(I just called Restaurant Depot to get today's case prices. These are the best prices in town consistently)
Untrimmed Pork Spare Ribs (3.5 lb & down) - $1.89/lb
Bone In Pork Butts- $1.88/lb
USDA Choice Briskets - $3.24/lb

Our menu items are as follows with LAST YEAR'S prices:
Spare Ribs: 1/2 rack $12, Full rack $20
Rib tips: $8 (3 pieces of tips or about 1/2 rack)
Pulled Pork Sandwich: $6
Brisket Sandwich: $8


We know what we made last year after the event.
We have expectations of what we'd like to make this year.
We always sell out later than the other vendors (we always cook more).
We seem to have the longest lines. People have come by after trying the other vendors and tell us that they like our stuff the best and that they look forward to us being there every year.

So.....

What's a fair price due to the cost of meat doing what it has?
Meat around here isn't as bad as other places, but worse than some and it's STILL more than it was last year.

Any advice is appreciated.
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[COLOR="Blue"][B]"Oh, I don’t reject Christ. I love Christ. It’s just that so many of you Christians are so unlike Christ."
-Mahatma Gandhi[/B][/COLOR]
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