Remove 2016 Remove Cash Management Remove Hiring Remove Merchandise
article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

In 2016, the average net profit margin across the industry was a mere 3%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. At the end of the shift, the manager would then inspect the contents of the food box. Shifts in the real estate market can raise rent.

article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

In 2016, the average net profit margin across the industry was a mere 3%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. At the end of the shift, the manager would then inspect the contents of the food box. Shifts in the real estate market can raise rent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

El Pollo Loco’s Pledge and techtown Refresh

Modern Restaurant Management

As part of El Pollo Loco’s dedication to its Hispanic roots, the company has signed the Hispanic Promise – the first-of-its-kind national pledge to hire, promote, retain and celebrate Hispanics in the workplace. Smarter cash-management is essential, and real estate is a huge component of that.”

article thumbnail

Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When In 2016, the brand announced a goal of opening 500 DD Green Achievement restaurants by the end of 2020. A 360-degree guest experience platform is a must-have for operators.”

article thumbnail

MRM People & Places: Maki Madness and Pancakes for Life

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Shortly thereafter, in March of 1958, he was hired by Gallo Wine Distributors of New Jersey, followed by various E&J Gallo positions throughout the United States.

Brewery 110