article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? What percentage of the total costs are food? Is the liquor license included in the sale?

License 446
article thumbnail

Pandemic Effects on Funding, Growth and People – Plus Predictions for 2024

Modern Restaurant Management

As we look back, there was a long-overdue flood of tech investment into our industry, largely as the result of the boon of food delivery during the pandemic. Creative Growth Strategies Emerge Development pipelines were choked this year, due to long-time supply chain delays, high construction expense, and a lack of lending options.

2024 122
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

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? What percentage of the total costs are food? Is the liquor license included in the sale?

License 195
article thumbnail

Looking to Grow your Restaurant Franchise In Saudi Arabia? Here are 10 Proven Strategies to Keep in Mind

The Restaurant Times

Starting Franchise Restaurant in Saudi Arabia is a great way to expand your business, where you (the franchisor) license other independent owners (Franchisee) to use your brand name, business model, and processes to sell or provide services on a profit-sharing basis. Supply Chain Management. Current Model Evaluation. Staff Training.

article thumbnail

Coffee News Recap, 29 July: Starbucks pushes for growth in Thailand, Saudi Arabian culture ministry signs agreement to develop coffee industry & other stories

Perfect Daily Grind

Food and beverage solutions company ofi completes acquisition of Canada’s Club Coffee. World Coffee Alliance hosts second episode of three-part virtual series on digital identity in the coffee supply chain. The webinar explored the role of big data in the coffee supply chain and how it can be used to mitigate climate change.

Webinar 131
article thumbnail

Realities: An insider’s view of running a small “hospo” business

Future Food

We, at Future Food, are employed to deliver best practice food and beverage service standards and to ensure that all businesses we work with are striving to push the bar higher. Who wouldn’t want: An endless supply of restaurant quality food at all hours of the day? Related Future Food Blogs. Let’s do it.

article thumbnail

Understanding The Key Challenges Faced By Dark Kitchens In The US

The Restaurant Times

The COVID-19 pandemic has changed the food industry forever. Trends like food delivery have been reshaping the restaurant industry. As more customers began ordering food online, third-party delivery applications became increasingly popular. Food Quality And Food Safety. Source: Times of India.