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Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

The RRF will provide tax-free grants for food and beverage venues that lost revenues in 2020. Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. Debt service.

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YEA: Restaurants Showing Resiliency with New Openings

Modern Restaurant Management

New restaurant and food businesses are opening at pre-pandemic levels, with the number of new openings increasingly more in line with 2018 and 2019 volumes, according to third quarter data for the Yelp Economic Average (YEA) report. There were only 100 fewer new restaurant openings in September of this year, compared to September 2019.

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How Restaurant Owners Can Prepare for the COVID-19 Cold Weather Lull

Modern Restaurant Management

Should you consider entering the food truck business? Explore areas where you can purchase supplies in bulk to cut long-term costs, consider raising prices where it makes sense, and work to improve discounts and payment terms with your suppliers. Does your dining room layout need a social distance inspired layout?

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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

15 percent have ordered alcoholic beverages with food for delivery or takeout, on par with the 18 percent of Canadians that say they’re likely to do this. “The developments and improvements made to delivery and takeout containers, food quality and speed have made a lasting, positive impression,” says Barclay.

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MRM Research Roundup: Destination Dining, Voice Commerce, and the Force of Fast Food

Modern Restaurant Management

In recent years, the food service industry has undergone a rapid transformation of automation and increased technology usage. Fast Food and QSR Value The United States Fast Food & Quick Service Restaurant Market size was valued at US$ 248.8 Growing menu innovation and healthy fast food further drive the growth of the market.

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How to apply for the Restaurant Revitalization Fund grants

7 Shifts

Set your alarms and make sure you're ready, as it's expected that the demand will outweigh the supply of funds. Any establishment that serves food or beverages to guests is eligible. Any establishment that serves food or beverages to guests is eligible. Food trucks, carts, or stands. Food and beverage inventory.

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How this entrepreneur's bagel runs became a business

Restaurant Business

And it turned out to be Justin Wetherill, the founder of the uBreakiFix tech repair chain, who had built that company to more than 500 units before selling it in 2019. Los Angeles has become a hotbed for bagel concepts like Courage Bagels, Hank’s Bagels, the Yeastie Boys food trucks, and more. And he loved bagels.