Published October 24, 2017
Because the restaurant business is a relatively safe business, ie. it survives rough economic times as “everyone enjoys going out to dinner”, merger and acquisitions (M&A for short)have always went on. Now we have seen huge companies, like BurgerKing, swallowing up successful fast food chains, like Popeye’s, becoming all the rage in the industry. There are different opinions as to whether or not this is a positive or negative trend in this complicated and huge industry.
- bigger restaurant chains are taking over and buying out smaller restaurant chains
- The restaurant business is a good business to invest in because there are always consumers despite the economy
- it is good for restaurants to buy smaller similar restaurants and implement the bigger restaurants ideas into the smaller restaurant
“Limited capital, real estate, and market share suggest that, like the rule of the jungle, the proven concepts will succeed, often at the expense of their competitors.”
Read more: https://www.qsrmagazine.com/finance/why-ma-hot-again
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Published October 24, 2017
Culver’s, which is a franchise with over 600 restaurants in 24 states entered an agreement with Roark Capital Group in which Culver’s shareholders will sell a minority stake to affiliates of Roark. The Culver family will maintain a majority ownership of the brand. The sale will help keep Culver’s family owned but also set up the next generation for success. Roark Capital is a restaurant veteran, with investments in 50 states and 78 countries. Roark will have representation on the board of directors. There are no plans to sell more shares.
Read more: Culver’s Sells Minority Interest to Investment Firm
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Published October 24, 2017
The Guest Manager tool from Waitbusters will help to streamline and simplify daily front-of-house operations for restaurants. The application will allow users to manage wait lines and reservations as well as server sections and seating charts. Utilizing Guest Manager will optimize seating arrangements for customers. Additional benefits include eliminating the use of pen and paper, managing multiple aspects of restaurant management in one place, and planning server rotations easily. Free initial set-up is offered by Waitbusters.
Waitbusters is a veteran owned company that seeks to provide innovative restaurant management solutions.
Read more: Waitbusters’ Guest Manager Simplifies Front of House Operations
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Published October 24, 2017
How your coffee is brewed can have a lot of effect on its taste. At the Starbucks Reserve coffee bar, guests often encounter new techniques in brewing their favorite cup. Such techniques include a siphon brewer, Pour-over coffee, Chemex, coffee press, clover brewer, espresso, and Nitro coffee. These techniques will bring out different notes in the coffee itself. A siphon brewer is sure to garner a crowd even though the technique was first created in the 1830s, where as Nitro coffee is cold coffee served through a Nitrogen tap.
- The Siphon brewer, which came about in the 1830s has a 10 minute process that makes enough coffee for two. It has a great taste.
- The pour over technique requires the barista to pour hot water over ground coffee in a steady annular motion. This technique helps to bring our flavors in the coffee and usually takes 3 minutes.
- Espresso is brewed quickly in just a few seconds and is made when hot water is pushed through ground coffee while under pressure.
“When customers come here, they encounter brewing methods they may have never seen before,” Sternquist says. “We try to cultivate their curiosity, and ask them to come on a journey with us.”
Read more: https://www.qsrmagazine.com/news/coffee-brewing-tips-experts-starbucks
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Why M&A is Hot Again
Because the restaurant business is a relatively safe business, ie. it survives rough economic times as “everyone enjoys going out to dinner”, merger and acquisitions (M&A for short)have always went on. Now we have seen huge companies, like BurgerKing, swallowing up successful fast food chains, like Popeye’s, becoming all the rage in the industry. There are different opinions as to whether or not this is a positive or negative trend in this complicated and huge industry.
Key Takeaways:
“Limited capital, real estate, and market share suggest that, like the rule of the jungle, the proven concepts will succeed, often at the expense of their competitors.”
Read more: https://www.qsrmagazine.com/finance/why-ma-hot-again
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