F&B Menu Pricing in Singapore

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Overview

Your menu is both a sales tool and a cost-control tool. The goal is to balance:

  • What customers want
  • What you can execute consistently
  • What actually makes money

Key takeaways

  • Standardise recipes and portion sizes before you “fix pricing”.
  • Track contribution margin, not just food cost %.
  • Remove or rework items that create prep chaos or slow ticket times.
  • Review menu performance every 90 days.
Rule of 3–7 per section

Each category works best with 3–7 options. Too many options increases decision fatigue and kitchen complexity.

Signature focus

Pick 3–5 signatures and make them:

  • easy to spot on the menu
  • easy for staff to recommend
  • reliable to execute

Costing & target food cost

Minimum: cost your top 20 sellers

  • Build a recipe card (ingredients + yield)
  • Calculate plate cost
  • Set a target food cost % (typical 28–35% for many concepts)
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Remember: delivery platform commission + packaging changes the math. Cost and price those items separately.

Pricing sanity checks

  • Does the price match your positioning (value vs premium)?
  • Are you anchoring with one higher-priced item in the category?
  • Are add-ons (drinks, sides, desserts) priced for margin?
Simple 2x2

Plot items by:

  • Popularity (units sold)
  • Profitability (contribution margin)

Stars: popular + high margin (feature them)

Plowhorses: popular + low margin (adjust portion/price)

Puzzles: low popularity + high margin (rename/reposition)

Dogs: low popularity + low margin (remove)

Quick wins to lift profit

  • Increase price 3–5% on items with strong demand (test, don’t guess)
  • Reduce waste via tighter prep and FIFO
  • Standardise portioning tools (scoops, ladles, scales)
  • Push high-margin add-ons through staff prompts

Checklists

Quarterly menu review

Templates (free, export-ready)

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These are designed to export cleanly as a PDF worksheet.

Recipe card (fill-in)

Field Fill-in
Dish name
Portion size
Plate cost (S$)
Selling price (S$)
Contribution margin (S$)
Allergens / notes

Ingredients costing (fill-in)

Ingredient Qty used Unit cost Cost (S$)

Menu item review (fill-in)

Item Category Popularity (H/M/L) Margin (H/M/L) Issues (prep/time/quality) Decision Owner Due date
Keep / Fix / Remove
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Members get the full Menu Engineering Worksheet + Pricing Strategy Playbook.