Pressure on profit margins.
The current economic environment is providing significant challenges to many businesses in this dynamic sector. The pressure on consumer spend means that customers are now looking for a higher quality experience at competitive prices - value for money is key.
When combined with the effects of rising food costs and the lack of available finance, these are certainly challenging times.
However, we believe that eating out is now established as a behavioural norm - the best concepts and operators continue to flourish and the availability of good sites and people provide some great opportunities for growth.
The good news is we can help you realise these opportunities and minimise those pressures. We have advised clients as diverse as international brands and national chains, to owner managed businesses and outlets looking to expand and/ or diversify. Our expertise will assist whether you are the individual restaurateur, the group operator, the restaurant franchisor or franchisee.