6ix Retail’s Post

Building on its international expansion, Firehouse Subs plans to open more than 500 restaurants in 10 years across Brazil. https://ow.ly/ymrO50UEiJF #restaurant #stores #SouthAmerica

"The fast-casual burger chain said it now sees the potential for its company-operated footprint to reach “at least” 1,500 locations over time, versus its prior target of 450 domestic sites. Shake Shack expects to open about 80 to 85 new restaurants this year, including 45 company-operated locations. Licensed openings are expected to range from 40 to 45 openings."

2024 has been a tough year for the New York and New Jersey restaurant industry, with an unprecedented number of closures. In New Jersey, 450 beloved eateries have shut down, and New York has seen a staggering 1,200 closures. 🌆🏙️ In our latest blog post, we dive into the key factors driving these shutdowns, including economic downturns, labor shortages, supply chain disruptions, rising operating costs, changing consumer preferences, and increased competition. 📉💼 But it's not all doom and gloom. We also explore actionable strategies for survival, from diversifying revenue streams and optimizing operations to embracing technology and adapting to trends. 🍽️🚀 Don't miss this essential read for restaurateurs navigating these turbulent times! 📖👇 🔗 Read the full article here https://loom.ly/FOKA0Hg

One mid-size [relatively speaking] regional #restaurant concept collector buys another. Kind of an odd one, to me ... the buyer has a half-dozen concepts; the seller as well — and total there are about 50 locations in like 2-4 states. Is this a thing? I sorta get it, like the operator could lease three spaces [or more] in one strip mall [several of these are at Rehobeth] and make money, staffing, visits by execs, or even management of them easier ... But either that, or they have big plans, or they're throwing five kinds of pasta at the wall to see what sticks, or they're really stupid. One other possible yes vote — regionalism is strong in restaurants; recall that meme showing the most popular burgers in different parts of the U.S. — they showed a dozen brands or so. One more: Atlas, buying from #Maryland, nabs an entire state. #Acquisition is #Delaware. Atlas also [separately] entering #Pennsylvania, #Texas, #Florida. So if you get an entire state, that beats signing a franchise operator that takes 10 years to get to 16 units. Well, hmm ... there's more positives and head-scratching. Maybe not so bad after all. Atlas Restaurant Group [buyer] Big Fish Restaurant Group [buyee] Restaurant Business Online [source] Monarque, Ouzo Bay, The Choptank, The Ruxton, Order of the Ace, Big Fish Grill, Salt Air, Torbert Street Social, Sazio Coastal Italian Seafood Kitchen, and Crab House. [concepts]

San Francisco Business Times: New downtown S.F. restaurant openings are outpacing closures, report finds In 2022 and 2023, the downtown area saw a notable increase in food and beverage businesses, with over twice as many openings as closures, based on a survey by the Downtown SF Partnership, which covers 43 blocks across the Financial District and Jackson Square. The report highlights the opening of 22 new businesses against 10 closures, indicating a positive shift towards downtown's appeal for dining and socializing post-pandemic. The survey, informed by two years of data and analytics from Placer.ai, recorded 29 new ground-floor businesses, 22 of which are in the food and beverage sector, including a variety of restaurants, cafes, and specialty food spots. Robbie Silver, the Partnership's Executive Director, expresses optimism for continued growth in dining, hospitality, arts, and culture. The report also details an initiative to transform downtown into a destination, reinforcing its potential as a nightlife hub, with sit-down restaurants and bars making up a significant portion of the area's 138 restaurants. Link to full article: https://lnkd.in/dJT3rpZz #DowntownSF #DowntownSanFrancisco #EconomicDevelopment #Report #EconomicRecovery #Hospitality #Events #Community #PublicRealm

Dine Brands Global is set to open its first co-branded IHOP and Applebee's Neighborhood Grill + Bar's location in Seguin, Texas, in early 2025. This innovative concept allows both brands to share kitchen space, equipment, and staff, optimizing operational efficiency and reducing costs for franchisees. The dual-branded location will offer guests a broader range of dining options, with IHOP catering to breakfast and Applebee's serving lunch and dinner. If successful, Dine Brands plans to expand the model across the U.S., potentially attracting new franchisees with the appeal of diversified offerings and cost savings. Read More Here: https://lnkd.in/e7GZeW-a Entrepreneur Media Branded Hospitality Ventures Hangout Hospitality Group #expansion #hospitality #savings #marketing Scott Gladstone John Peyton Dave Gleason Enrique Kaufer Jessica Jackson Susan Nelson Lili Tomovich David Trujillo Rodney Fodran Matt Ryan Adrian Grubb, Ph.D.

WINGSTOP UK (Lemon Pepper Holdings Ltd) has said it sees potential to grow to more than 300 sites here in time. The brand currently operates 43 sites nationwide, including 12 delivery kitchens. Wingstop’s recent openings include sites in Birmingham, Edinburgh and Leeds, and it is on track to open 15 sites this year, including further restaurants in London, in Clapham, Croydon and its largest site yet, at Westfield Stratford City. The brand, which launched here in 2018, recently secured a former Burger King site in the Midsummer Place scheme in Milton Keynes. Lemon Pepper Holdings co-founder Herman Sahota told City AM: “In assessing the UK market, we’ve identified a significant opportunity for expansion, driven by the fact that chicken is more widely consumed compared to other cuisines. Based on thorough research and an understanding of our competitive landscape, we’re confident in our capability to open at least 100 sites in the next five years, with a total market potential to exceed 300 locations.” Like many businesses, they have not been immune to inflationary pressures, but fellow co-founder Tom G. said they have only raised prices twice and remain in good financial health. He said: “Our financial trajectory for January to December 2024 is set to reach the nine-figure mark in revenue. Despite our aggressive expansion strategy, the business remains healthily profitable at the group level, a testament to the effectiveness of our operational efficiencies and the strength of our business model.” Last November, Michael Skipworth, president and chief executive of Wingstop, said the brand’s debut UK restaurant (in London’s Shaftesbury Avenue) was hitting record sales volumes, and that the UK was a “playbook for its future restaurant development”. 👉 Find out the latest hospitality news first by signing up to the Propel email newsletter for free, here: https://lnkd.in/g_vS_S7

Interesting developments in the quick-service restaurant industry! Love’s Travel Stops is opening its first-ever standalone Whataburger location in 2025, signaling a new frontier in roadside dining. With drive-thru lanes becoming essential for fast, convenient service, this move highlights how technology, location strategy, and customer experience are shaping the future of drive-thrus. Story link in comments. As restaurant technology evolves, the industry keeps pushing the boundaries of what drive-thru service can be. What do you think about this move? Will more QSRs follow suit? Let’s discuss it in the comments below. #drivethru #QSR #newopening #sanantonio #texas #whataburger #fastfood #drivethrulane #dining #customerexperience #restauranttechnology #restaurant #restaurantowner

Did you know? As a franchisee of a restaurant or retail location, there are obligations outlined in your agreements about what the premise should look like, as well as expectations that it should be well maintained. There may even be requirements to renovate your location at a certain frequency (ex. every 5 or 10 years). #franchiseopportunity #restaurantrenovation #renovation #storerenovation #remodel #storeremodel

A 30-year-old, market-leading restaurant group was facing difficulties with its newly opened sister restaurant. The restaurant had opened well, but it was experiencing a nosedive in sales. The head of the company, a lifelong successful restaurateur, was stuck, scared, and unsure what to do. Using the Restaurant Reinvigorator process, I guided them through a re-focus on what the guest was asking for. The restaurant made a complete turnaround. It has experienced annual same-store growth every year since. This unit that was once on track to fail has become an expansion vehicle. Additionally, even though ownership was satisfied with the performance of their flagship unit, I showed them how much that location could be improved, too. Using the Power, Revenue Builder, and Creating Consistency processes I introduced updated management techniques at both units. The results? Record sales, profits, and a smooth transition to a new breed of management. The organization now has two more units in development and is envisioning more. Unlock record sales and profits for your restaurant. Let's talk!: https://lnkd.in/g8-EqZNx #restaurateur #restaurant #success #businessadvice