TONY KIM
Sell Your Commercial Property in Los Angeles, CA. Call: TONY KIM at 213.878.2626. Commercial Real Estate Sales Listing Broker Specialist & Valuation Advisory Consultant
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Yearly fast food restaurant sales data is interesting. Chick Fil A is #1 even though closed on sundays with a decent amount of items. Seems: Raising Canes has a very focused menu allowing for higher per order profitability that pushes speedy drive through ordering Profit margins are typically in the lower 3 to 7% range It would be more accurate to have annual $/sf of building revenue for apples to apples comparison per concept #commercialrealestate #retail #restaurants #fastfood #revenue
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Kendall Whitaker
Associate at Zucker Investment Group | I help restaurant franchisees grow and scale.
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On a $/sf basis, 7 Brew/Dutch Bros would be up there.
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Bill Fuesz
Marketer | Humanist | Storyteller | Advocate
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In the restaurant industry, striking a balance between increasing costs, quality, and affordability is crucial. This pizza chain seems to have mastered the winning recipe. #RestaurantIndustry #Affordability #Quality https://lnkd.in/gUbnqwRJ
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Marc Holland
See AlsoSmithsonian National Museum of Asian Art on LinkedIn: Join our conservators in person October 18 to learn what Chinese hanging…Portland real estate market data | Lauren Perreault posted on the topic | LinkedInMichael Kim on LinkedIn: #ownershipLauren Grace on LinkedIn: Life's journey can sometimes feel overwhelming, but remember that you are…eCommerce Partnerships Manager at Smurfit Westrock - Helping suppliers and retailers create clever, sustainable and efficient packaging
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Are you having fewer takeaways these days?Sales of restaurant-branded 'fakeaways' have surged at Ocado as shoppers seek budget-friendly treats.Over the past year, sales of items like Franco Manca pizzas, Gourmet Burger Kitchen burgers, and Itsu meals have increased by 51%. Ocado's data shows these products are most popular on weekends…→ As research shows 75% of consumers are more mindful of their spending on takeaways and dining out.But, 56% are still willing to buy restaurant-branded products for home enjoyment.With this rising demand, Ocado has expanded its restaurant to retail offerings by 77%!Have you noticed the trend?Do you opt for ‘fakeaway’ options?https://lnkd.in/edS4gzAD
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Peter Martin
Founder and Executive Director at Peach 20/20
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Looks like extending into grocery is working for big name restaurant brands - especially at the weekend.What’s also interesting is that certain brands appear to do better on different days. Data from Ocado Group reveals that Friday is the most popular delivery day for products from Franco Manca, Gourmet Burger Kitchen, LEON Restaurants and PizzaExpress while Sunday’s the day for , wagamama and YoSushi.The trend to building a grocery presence - pioneered by the likes of Nando’s and PizzaExpress - is also seeing upscale brands prosper. Ocado says sales of sauces from Gymkhana have doubled this year, for example Only downside is the coining of the term ‘fakeaways’ - which I suspect the restaurant brands hate.#restaurants #groceryhttps://lnkd.in/ehc33ysA
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HungerRush
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HungerRush survey findings were spotlighted in Modern Restaurant Management (MRM) magazine 📊 72% of diners plan on ordering pizza this year on either The Big Game, National Pizza Day, or both! “This data helps restaurant owners and operators properly prepare for the rush," Shannon Chirone, SVP of marketing. https://hubs.li/Q02jR_cL0 How are you prepping for the Big Game🏈 and National Pizza Day rush?💡🍕 #HungerRushInsights #MRMResearchRoundup #DiningTrends
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ZionMart
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Did you know? The food & beverage industry is experiencing a surge on Zionmart ONDC! Zionmart can help your restaurant thrive in this growing market.🚀Open Network For Digital Commerce (ONDC)#zionmart #ondc #ecommerce #FoodAndBeverages #Foodbusiness #SellOnline #quickcommerce #D2CBrands
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Franchise-Info
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How Can Restaurants Raise Prices and Keep their Guests Happy?https://lnkd.in/g6EvJAJhThe Wendy's Company planned to implement dynamic pricing, adjusting prices throughout the day, by 2025. Then backed off.Wendy's claimed dynamic pricing will enable them to offer discounts during off-peak hours, providing better value to customers.Surveys indicate that consumers widely perceive dynamic pricing as "price gouging" and are unlikely to utilize it in a manner that benefits restaurants.In the past year, over half of consumers have ceased ordering from a preferred restaurant due to rising menu prices.
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UNITED FOODSERVICE SOLUTIONS
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"The first three weeks of the month indicate a return to positive same-store sales following a 0.4% dip in August and a rough second quarter, per Black Box Intelligence." Learn more in this article from Restaurant Dive.#mondaymotivation #foodandbeverage #FoodserviceSolutions
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MealSuite
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Imagine you’re building yourself a perfect burger🍔 meal – are you an extra pickles person? No cheese please! Let’s make it a combo with onion rings and a drink. It always feels good to know you’re getting exactly what you’re craving, instead of settling for the default dish that isn’t quite your taste.Broad choice and personalization options are key to building a dining program that will ensure residents walk away satisfied after each meal🍽. And with a Point of Sale system that captures every detail, you won’t miss out on any of the revenue opportunities that come with upsells and add-ons. In fact, according to Accenture, upselling can lead to a revenue increase of up to 30%.#POS #PointofSale #SeniorLiving #SelfServiceKiosk #Revenue #Upsells #Foodservice
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Clear Demand
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Foodservice at retail is increasingly replacing quick-service or fast-casual restaurant meals. According to a September 2023 Harris Poll done for National Family Meals Month, nearly all (90%) strongly or somewhat agree that family meals at home are more economical than dining out.Why are consumers opting for Foodservice at Retail over restaurant meals, and how can grocers take advantage of this fast-growing segment?Learn more here: https://loom.ly/vDH8q9A #pricing #promotions #markdown
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John A. Gordon MAFF
Principal at Pacific Management Consulting Group, Restaurant Analyst and Management Consultant
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This is a very nice review and narrative of the Q4 public SSS results. Thank you Jonathan Maze and Restaurant Business Online. A few follow on points. Looking at both Knapp Track and Black Box side by side (thank you Lauren Silberman for very helpful CY 22 and 23 view in DB Restaurant Industry commentary), one can certainly see the decline in casual dining SSS momentum at most brands throughout 2023. I'm particularly seeing no SSS momentum in the prime seasonality months of May-August. Could that be flat marketing or no product new news? Or has the market changed? Especially after the Darden commentary last week about "normalization" we need more perspective about what that means.Also, we should give credit to both brands in The Cheesecake Factory Bakery Group: Cheesecake Factory posted SSS at plus 2.5% and North Italia at plus 7.0%. This validates their operating standards and in time will demonstrate the value of the M&A. Texas Roadhouse was strong as usual, along with Maggiano's
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