Our 2024 prices – and the numbers behind them
The price for our supper is going up this January.
Transparency has always been important to us and that’s why we’d like to share the numbers behind our decision with you.
Inflation aside, there are two big developments that have made this a necessary step for us: the increase of minimum wage as well as the fact that we’ll be paying 19% VAT on food to the tax office, rather than just 7% as during the Covid years.
Let’s have a look at what that means in concrete numbers.
To work out how the VAT increase will affect us going forward, we had a look at what the average guest spent in 2023 – € 214.00 net. If we’d paid 19% tax (rather than 7%), we would have made only 200. And while € 14.00 might not seem like a lot, it does add up: With an average of 908 guests per month, that makes for an extra € 12,700.00 in taxes per month.
Per year, that’s a whopping € 152,000.00. (And no, we’re not complaining about it, it simply is what it is.)
Then there is the fact that the minimum wage is going up in January. While we pay the legal minimum only to our interns and trainees, we do feel we have to adjust all other wages along with it – it’s simply a matter of fairness. However, this will cost us an extra € 36,000.00.
Not taking inflation or rising energy prices into account, we’re looking at € 188,000.00 additional costs over the next 12 months.
That’s why our supper is going to cost € 195.00 from Tuesday through Thursday and € 225.00 on Fridays and Saturdays.
And yes: we know that’s a lot of money. But cutting corners is not an option. As ever, we remain we are committed to our values, to paying our producers, our people and everyone in our ecosystem fairly, to delivering exceptional quality, and – of course – to being transparent with you about our decisions.
See you in 2024!
Our 2024 prices – and the numbers behind them
Transparency has always been important to us and that’s why we’d like to share the numbers behind our decision with you.
Inflation aside, there are two big developments that have made this a necessary step for us: the increase of minimum wage as well as the fact that we’ll be paying 19% VAT on food to the tax office, rather than just 7% as during the Covid years.
Let’s have a look at what that means in concrete numbers.
To work out how the VAT increase will affect us going forward, we had a look at what the average guest spent in 2023 – € 214.00 net. If we’d paid 19% tax (rather than 7%), we would have made only 200. And while € 14.00 might not seem like a lot, it does add up: With an average of 908 guests per month, that makes for an extra € 12,700.00 in taxes per month.
Per year, that’s a whopping € 152,000.00. (And no, we’re not complaining about it, it simply is what it is.)
Then there is the fact that the minimum wage is going up in January. While we pay the legal minimum only to our interns and trainees, we do feel we have to adjust all other wages along with it – it’s simply a matter of fairness. However, this will cost us an extra € 36,000.00.
Not taking inflation or rising energy prices into account, we’re looking at € 188,000.00 additional costs over the next 12 months.
That’s why our supper is going to cost € 195.00 from Tuesday through Thursday and € 225.00 on Fridays and Saturdays.
And yes: we know that’s a lot of money. But cutting corners is not an option. As ever, we remain we are committed to our values, to paying our producers, our people and everyone in our ecosystem fairly, to delivering exceptional quality, and – of course – to being transparent with you about our decisions.
See you in 2024!