Dave's Hot Chicken’s Post

Savor the Flavor of Success 🍽️ Join Alphabets Group's Food & Beverage Consultancy and transform your passion into a thriving franchise. Let’s cook up a storm together! #CulinaryConsultancy #FranchiseSuccess #AlphabetsGroup"

Starting a restaurant is a dream for many, but the harsh reality is that more than 60% of new restaurants fail within their first year of operation. Understanding the common pitfalls can help aspiring restaurant owners navigate the challenges of the food and beverage industry successfully. Here are the top five reasons why restaurants fail and how you can avoid these mistakes. Read the full Article! https://lnkd.in/geZ7Ueg7

We began publishing our "Contenders" list as part of the QSR 50 two years ago. The realization being we were collecting a lot of data outside the top 50 and all of it was worth sharing (we are a magazine of the people). So what you see here is a look at the next 50 brands, upstart to legacy, from AUV to system sales and year-over-year growth. Here were some highlights: Top AUV: 1. Portillo's: $9.1 million (always a crazy stat) 2. Zaza Cuban Comfort: $3.5M 3. Hawaiian Bros: $3.15M 4. sweetgreen: $2.9M 5. CAVA: $2.639M Net growth from 2022 to 2023: 1. Kona Ice: 194 locations 2. 7 Brew: 142 3. CAVA: 72 4. Slim Chickens: 49 5. sweetgreen: 35

Amid changes in the restaurant industry, there seems to be a decline in “value” menu items, which were once a big draw to many chains and franchises, but not at Happy Joe's 🍕. A reduction in portion size may, or may not, be what's necessary for some brands to keep pace with inflation. But without offering something of real value many restaurants may lose steam when it comes to customer interest and eventually have to close. Restaurants like Happy Joe's 🍕 need to get creative with new menu products that guests still see as a value and not a discount OR a reduction in size to drive guests in. #Restaurant #Leadership #RestaurantBusiness

Some great news for a pizza chain many were worried about recently. Key Takeaways: - MOD was acquired by Elite Restaurant Group. Elite has a history of buying financially troubled restaurant brands over the years. - This comes after MOD was considering Chapter 11 filings last week. - The fast casual pizza segment has struggled post covid - most meals don't conform to the timeline of mobile delivery because the process is different than a Domino's, Pizza Hut, etc. - Year to date, 44 underperforming restaurants have shuttered, all company owned, and it’s not clear whether more will close. If you'd like a clear picture of your tenants success we have a subscription software that can track visitor counts and rank your tenant competitively across the state and country. Feel free to contact us to unlock additional insights on other brands! Sam Noe 972.755.5208 [email protected] John Paine 972.755.5279 [email protected]

THE IMPORTANCE OF STRONG RESTAURANT OPERATIONS AND ITS IMPACT ON SUCCESS Restaurants must leverage operational strategies to thrive. As the industry evolves, those who invest in their operations will reap the benefits, ensuring long-term success. By focusing on operational elements, restaurant owners can ensure a successful and sustainable business model that meets the demands of today’s consumers Learn More: 📥 [email protected] 🌐 www.frangrow.com 📲 TEXT "restaurant" to 9179912465 ☎️ (201) 534-5610 Franchise Growth Solutions, LLC. Fred J Kirvan #restaurants #franchisegrowthsolutons

Domino’s sales are down, and the company hasn’t been through a slump this bad in years. Are Indians not enamoured of pizza as they used to be? Or are they just falling out of love with Domino’s, which to many has been synonymous with pizza? My colleague Aakriti Bhalla decodes why the jewel of the quick service restaurant industry has gone from being the market leader to playing catch-up, in her latest story for The Ken. Subscribers, read here: https://lnkd.in/dEj2iUwC

Danny Klein, Editorial Director of QSR & FSR magazine, explains the essence of the franchise model, focusing on the critical role of the owner-operator. This discussion offers insights into the nuances of franchising– a revealing look at the structure that underpins many successful restaurant chains. Tune in to gain a clearer understanding of what powers these culinary enterprises. Crafting Stories in the Culinary World with Danny Klein. https://bit.ly/3PV7cNC

After some tumultuous years, the restaurant and food service industry has started to pick back up. People are once again contributing to the food service industry by going to restaurants, yet they remain value-conscious by opting for more affordable rather than costly fine dining options. According to the National Restaurant Association, restaurant sales are up, and by the end of 2024, they are forecasted to reach $1 trillion. However, competition is stronger than ever, with analysts predicting 45% higher competition than last year, which could explain why ten popular restaurant chains filed for bankruptcy this year alone.

8 facts about McDonald's hamburgers that might surprise you From who invented the Big Mac to how many McDonald's burgers are sold every second, these facts about McDonald's burgers might surprise you. Read mode on following blog post!