Consulting

An Emerging Hybrid Restaurant Solution For Challenging Times

The COVID-19 pandemic has disrupted many industries, especially restaurants. As lockdown rules keep changing, many restaurants are unable to stay open. Others are forced to switch their model to only takeout and delivery. If you have a restaurant, you might want to consider a creative alternative —transforming your restaurant into a food truck. Why This

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A Restaurant Consulting Firm Can Help Both Landlords and Their Tenants

Despite the troubles the global food industry is facing, restaurant tenants still have to pay rent. An NYC Hospitality Alliance Survey revealed that seventy-one percent of landlords would not waive portions of rent and that ninety percent of them would not formally renegotiate leases. Although landlords are aware of their restaurant tenants’ predicament, they still

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Ghost Kitchens: How Are They Driving Growth in the Restaurant Industry

It would be an understatement to say that the COVID-19 pandemic has made things challenging for restaurants. Many restaurants were forced to close their doors permanently. Others shut down temporarily and shifted their focus to takeout and delivery. During this chaotic period, a phenomenon known as the ghost kitchen has become increasingly popular. This trend

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How Hotel Restaurants Struggle to Compete with Free-Standing Restaurants

Restaurants are more than a little ubiquitous in our world, and if you’re a hotel owner, you likely already know the struggle of free-standing restaurants surrounding your property. With so many eateries located within walking distance from your hotel, getting your on-site restaurant to stand out from the crowd might raise a bit of a

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How Landlords Can Protect Restaurant Rent Revenue

Commercial landlords renting a restaurant space should know that every restaurant lease is unique. There is a balance to be struck between the square feet, the amenities, and the restaurant’s ability to cover rent with their revenue. For the landlord, bringing in a restaurant lease can be extremely lucrative, but it’s also a risk to

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Opening A New Restaurant…NOW?!?

It’s the end of the 2020 Summer and COVID-19 is still running wild. Elections are on the horizon and, regardless of your political bent, moving left or right carries downsides that don’t quite feel great for the country as a whole. The only constant is uncertainty and restaurants continue to suffer mercilessly with no end in sight until a vaccine is imminent (no easy or automatic task) or herd immunity runs its course. So why on earth would it be a great time to START a restaurant?

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