Your margins are good. I have taught entrepreneurship and seen hundreds of financials every year for many decades for real and projected ventures. Margins tend to be lower than 43%.
Restaurants are lucky to get 3-5%, and grocery stores even less. However, if you’re in the service industry, they tend to be higher. Essentially, you’re getting a 43% return, and very few investments can achieve this!
Your margins are good. I have taught entrepreneurship and seen hundreds of financials every year for many decades for real and projected ventures. Margins tend to be lower than 43%.
Restaurants are lucky to get 3-5%, and grocery stores even less. However, if you’re in the service industry, they tend to be higher. Essentially, you’re getting a 43% return, and very few investments can achieve this!