BOSTON, May 19, 2017 -- Now more than ever, restaurants need technology to compete in today’s highly competitive market. Today, Toast Restaurant Operating System will offer a free tool to help: The Toast Food Cost Calculator.
What: The Toast Food Cost Calculator is a free online tool that takes the guesswork out of pricing menus for restaurateurs. The tool pulls data from other restaurants – based on user location – and suggests how to price each item, complete with an easy-to-use online food cost calculator. Diners can also use the tool to understand average menu pricing at restaurants in their area. What’s more, for every unique email address input into the food cost calculator, Toast will donate $5 to No Kid Hungry. Every $5 raised can feed a child 50 healthy breakfasts at school.
When: The calculator will be live to the public starting at 9 a.m. EDT on May 19, 2017. From May 20-23, Toast will offer a Food Cost Calculator + No Kid Hungry station at the National Restaurant Association Conference (NRA Show 2017) in Chicago.
Where: The tool may be accessed at https://foodcost.toasttab.com and, can be found at Toast’s booth, #6267, at NRA Show 2017.
Toast is a simple and powerful all-in-one restaurant platform. Built specifically for restaurants, Toast offers a mobile, cloud-based point of sale (POS) system that incorporates key facets of the guest experience into one platform, connecting the POS system with integrated online ordering, gift card and loyalty programs, and labor and sales reporting. Toast customers have experienced a 20% increase in revenue via improved throughput, 3x increase in tips from digital signatures, and 50% increase in online orders after switching to the Toast platform. Since launching Toast in 2013, the company has grown to hundreds of employees and serves thousands of restaurants, ranging from fine dining to fast casual, and independent businesses to national chains. In 2016, Forbes named Toast a Leader in Enterprise Mobile on its first-ever Cloud 100: Rising Stars list. The Company was also recently designated as a Best in Biz Awards Gold Winner for the Fastest-Growing Company of the Year - Medium category. Learn more about Toast at https://pos.toasttab.com or on their Facebook page.
Toast [NYSE: TOST] is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a single platform of software as a service (SaaS), products and financial technology solutions that give restaurants everything they need to run their business across point of sale, operations, digital ordering and delivery, marketing and loyalty, and team management. By serving as the restaurant operating system across dine-in, takeout, and delivery channels, Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. For more information, visit www.toasttab.com.