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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

They could also be trying to get out of a bad situation—be it management, building, or market related. Find out the true costs Understanding the businesses food and labor costs, monthly overhead, and a clear picture of the business cash flow. Have there been any tax audits in the past three to five years?

License 444
article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

They could also be trying to get out of a bad situation—be it management, building, or market related. Find out the true costs Understanding the businesses food and labor costs, monthly overhead, and a clear picture of the business cash flow. Have there been any tax audits in the past three to five years?

License 195
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Coffee News Recap, 30 Sep: SCA announces 2022 WBC and WBrC winners at MICE, new study links daily coffee consumption with increased longevity & other stories

Perfect Daily Grind

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. Ozone Coffee and Hasbean (OCRI) achieve B Corp certification. The UK roasters completed a two-year certification process to score over 80 points on the 100-point B Corp scale.

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Which Grocery Chain Has the Best Health and Safety Policies for Its Workers?

EATER

Breaks are longer, and every other cash register is left empty to allow space between workers. To manage crowding, all stores are limiting the number of customers that can enter at once, as well as putting up “visual cues and in-store signage” encouraging distancing, and performing “daily audits to ensure compliance.”

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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

Notch

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

article thumbnail

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

Notch

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.