8655.0 - Cafes and Restaurants, Australia, 2003-04
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/07/2005
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Cafes and restaurants generate over $10 billion in income
Australia's cafes and restaurants generated over $10 billion (b) in income during 2003-04, according to a publication released today by the Australian Bureau of Statistics (ABS).
The publication, Cafes and Restaurants, Australia, found that $7.1b was generated from cafe and restaurant businesses and $3b from catering businesses.
Just over half (51%) of total income for all businesses combined was generated from takings from meals served on the premises, while takings from catering accounted for just under a quarter of all income (23%). Sale of liquor and other beverages comprised 16% of the total.
Cafes and restaurants reported an operating profit before tax of $400m, which represented an operating profit margin of 4% during 2003-04.
Characteristics of cafe and restaurants:
There were 190,000 people working in cafes and restaurants, with over half (53%) working as casuals, at the end of June 2004. Over 40% of this workforce occupied waiter/waitress positions, while chefs and cooks accounted for about 22% of all occupations.
Cafes and restaurants were predominantly small businesses with most (63%) employing less than 10 people. These businesses generated 21% of all income and had an operating profit before tax of $40m. In contrast, businesses employing 50 or more people accounted for just 1.2% of all businesses in Australia, but generated just under a third (32%) of all income. The operating profit before tax of these businesses was $170m.
States and territories:
Expenses totalled $9.7b during 2003-04. The single largest expenditure item was purchases (39%) followed by labour costs (36%).
More details is in Cafes and Restaurants, Australia, 2003-04 (cat no. 8655.0).
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