Is catering gross profit margin 61 normal?

61% gross profit margin of this industry is normal.

The cost of catering industry is high, including ingredients, labor, rent, etc. The competition in catering industry is fierce. In order to attract customers, it is necessary to provide high-quality services and ingredients. The catering industry also needs to pay various taxes and fees, such as taxes, utilities, insurance premiums, etc., which also increases the cost and requires higher gross profit margin to pay these fees.

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