Running a steakhouse is incredibly expensive. In addition to the normal costs of most restaurants, you have to have a dedicated humidity controlled walk in refrigerator for dry aging your beef.
Is a $100.00 minimum per person reasonable?
Yes. If you don't like it, go somewhere else.
If you think it is too expensive, you probably shouldn't be going out to steakhouses in general.
And if your just upset because you can't hit the minimum, you aren't drinking enough.
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