7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. Other possible reasons include wanting to retire or find new business ventures.

2024

Modern Restaurant Management

OCTOBER 22, 2020

“The concepts are designed with our consumer in mind and position our stores to grow sales within and outside the four walls, while reducing buildout costs for franchisees.” ” Many of the concepts are designed to grow off-premise sales, including ghost kitchen formats and smaller takeout footprints as low as 1,000 sq.

Franchising

Perfect Daily Grind

MARCH 3, 2023

revenue growth in 2022. Despite rising energy costs and uncertain macroeconomic factors, the food and beverage ingredient company (which also sells coffee products) reported total 2022 revenue at US $553.1 Mon, 27 Feb ofi reports 15.3% Dutch Bros raises more than US $900,000 through annual fundraiser. billion over the next 15 years.

2023

The Restaurant Times

JANUARY 11, 2023

According to National Restaurant Association statistics, the US boasts of around one million restaurant locations with nearly 15 million working employees, all set to generate sales worth $898 billion in 2022. . Can a Foreigner Open a Restaurant in the US? Here is a list of all the broad requirements that you need to consider.

License

The Restaurant Times

MARCH 6, 2023

In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. Your profit margins should be as high as possible.

Food Truck

Perfect Daily Grind

MAY 27, 2022

The coffee chain will now suspend all store operations in agreement with its licensing partner in Russia. Colombia’s National Federation of Coffee Growers serves coffee at 2022 World Economic Forum. Brazil’s National Supply Company estimates 2022/23 production down by 2.3 A total of thirty coffees scored over 87 points.

2022

Aaron Allen & Associates

AUGUST 24, 2022

A few highlights of our findings: In the last decade, independent pizzerias in America have lost 21 percent market share in terms of sales and 19 percent market share in terms of units to chains. Domino’s get’s three-quarters of sales from online channels; for independents, this is only 20%.

Technology

The Food Corridor

MARCH 27, 2023

It’s certainly a model with extraordinary potential as evidenced by virtual restaurant brand MrBeast Burger which generated $100 million in revenue in 2022. This article is a good starting point to learn the cloud kitchen basics. Food delivery is nothing new, of course. What are the potential challenges with ghost kitchens?

Kitchen Safety

Apicbase

MAY 5, 2022

The demand for food delivery is so enormous that we’ve already reached a point where it’s possible to develop a profitable foodservice business based solely on online orders. Let’s get the definition on point first. That is the virtual restaurant model. We cover the following topics: What is a virtual restaurant?

Franchising

Perfect Daily Grind

NOVEMBER 18, 2022

points at 2022 Cup of Excellence Brazil. The auction will take place on 1 December 2022. Oatly reports 7% revenue increase in 2022 Q3 despite growth being “below expectations” The oat milk manufacturer downgraded its full-year 2022 revenue forecast by US $100 million.

2022

Perfect Daily Grind

MAY 6, 2022

United States Department of Agriculture report states China’s 2022 coffee imports to increase 5%. The China: Coffee Imports Show Strong Growth Potential report predicts China’s green coffee imports will increase to 4 million 60kg bags by September 2022. million 60kg bags in 2022. Mon, 2 May. Tue, 3 May.

2022

Modern Restaurant Management

SEPTEMBER 14, 2021

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

Food

EATER

AUGUST 22, 2022

It was April 2017, a seventh season of the show would air in a couple of months, and a friend had come to Chicago to attend this dinner with me, not because we loved Game of Thrones — neither of us had watched for years at that point — but because the idea of a fannish dinner was exciting. This version was dyed with squid ink.)

Fine Dining

Aaron Allen & Associates

SEPTEMBER 23, 2022

The global coffee industry has a total addressable market of more than $400 billion (annual sales). The United States coffee industry reaches $85 billion in annual sales — 20% of the global coffee market. In Starbucks, 75% of beverage sales are cold (as of 2022). It can be served with ice and milk.

2022

7 Shifts

SEPTEMBER 6, 2022

billion by the end of 2022. If you can get the licensing for this, this can be a fun and playful concept located near the outskirts of downtown, near music venues, or close to workplaces. The cost of rent is rising. And the market is growing, estimated to reach $1.2 Table of Contents. Benefits of the Right Idea. 33 Food Truck Ideas.

Food Truck

Aaron Allen & Associates

SEPTEMBER 23, 2022

The global coffee industry has a total addressable market of more than $400 billion (annual sales). The United States coffee industry reaches $85 billion in annual sales — 20% of the global coffee market. In Starbucks, 75% of beverage sales are cold (as of 2022). It can be served with ice and milk.

2022

Perfect Daily Grind

NOVEMBER 11, 2022

The 2022 Pacific Rim Coffee Summit to take place on 16 and 17 November 2022. The 2022 Pacific Rim Coffee Summit to take place on 16 and 17 November 2022. Coffee prices drop in October 2022 but remain 18.1% The open letter requests a response from SCA Germany by 21 November 2022. higher than on previous year.

Workshop

Perfect Daily Grind

JANUARY 23, 2023

A breakdown of competitor costs The 2023 World Barista Championship Official Rules and Regulations state that: “ Licensed Competition Bodies are required to pay their Competition Body Champion’s reasonable travel and accommodations expenses to, from, and for the duration of the WBC. Coaching and training Wilford Lamastus Jr.

Coaching