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Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability

Apicbase

It’s a giant leap from running a handful of locations in-house to franchising your restaurant. This article lists ten crucial restaurant franchise metrics. Owning a franchise means collaborating with multiple independent business owners. 10 Key Metrics Restaurant Franchises Should Focus On And How To Improve Them.

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Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

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Restaurant Loyalty Programs to Boost Revenues

Cheetah

3 rd party delivery apps, ghost kitchens and privately owned franchises are all fighting for the same market share. What’s more, advertising deals about non-core products, like restaurant merchandise and swag , boost alternative revenue streams. In the world where consumers are bombarded by options, competition is fiercer than ever.

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MRM Franchise Feed: Bad Ass Gets Bigger and New Prototype for Bagel Boss

Modern Restaurant Management

MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm.

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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. Optimize your menu pricing . Today, profit margins have shrunk to between 4% and 7%. .

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A Guide To Average Restaurant Revenue And Profit

BNG Point of Sale

For example: merchandising at your location or online sales of food items; consumer packaged goods such as dinnerware, cookbooks, aprons; phone orders where you take credit card information on-site to charge later when the delivery arrives. What Is Restaurant Revenue? Boosting Revenue in a New Restaurant.

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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

“It’s encouraging to see consumers continue to rally and support local businesses, with many planning to purchase merchandise, specialty items and gift cards as holiday gifts.” 22 percent of customers are looking to buy restaurant merchandise. The price to purchase a hamburger cooking robot is about $60,000.

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