Everytable

Join us in making fresh, nutritious, scratch-cooked meals accessible to all. All day tomorrow, December 23rd, we will be matching every single ‘Pay It Forward’ meal purchased with our own ‘Pay It Forward’ donation. To participate, you can purchase a Pay It Forward meal at your local Everytable. The ‘Pay It Forward’ match purchase is only valid for in-store orders. #Everytable #PayItForward #GiveBack

Thanks for sharing, Lisa! This is the giving season. 🌟

A follower of mine and Everytable sent me this TikTok post, and I thought it was incredibly poignant. It's a Dad working hard as an Uber Driver. He's got a clear goal -- $150 per day -- that can take care of his family and pay down his $30k+ in student debt. Man does he hustle. What I loved about this was just watching someone take responsibility to provide and work. Looks like his wife drive's Uber, too, clearly a partnership built around hard work. It also shows just how tough it is out there for folks to make ends meet. And what truly touched me, is that in the middle of his day delivering food to people, where does he stop for lunch? Everytable. Where he meets his wife. They have a moment together. They get a great, scratch-cooked meal. Easily the best value out there. Made me love this guy, and also feel proud of what we're doing at Everytable. Keep it up, Erlin on the Daily. And thanks for sending Francisco Rubio Fernandez https://lnkd.in/g2QCQ5-P

Love this collaboration with Keith Manley II. He's an amazing, thoughtful, inspiring guy, and this meal is fire...

Here are some reflections about the fear and self-doubt that come right before starting your own business. It's magical to watch people step through that fear to take full ownership of their life and success.

Keith's Spicy Shrimp & Noodles now available at Everytable. A new scratch-cooked meal has been brought to the table, the newest one in a series of meal collaborations with local inspiring creators! We are collaborating with actor, artist and lifestyle influencer Keith Manley to bring you a meal that hits home. This meal pays homage to Keith’s Southern roots and his enduring love for noodles. Keith’s Spicy Shrimp & Noodles pairs bold, sweet flavors with juicy shrimp and a colorful vegetable medley for an unforgettable meal. In part of this collaboration, we have made a donation to SoLa Foundation, an organization dear to Keith, that works to improve the lives of South LA residents and break the cycle of intergenerational poverty by providing opportunities for education, economic mobility, & community development. Learn more about the meal story collaboration and Keith Manley here: https://lnkd.in/gtsV8TCy Enjoy this meal by purchasing it online or at one of our Everytable locations across Southern CA! 🌟

#Everytable

Just in time for #GivingTuesday and the holiday season, we’re excited to relaunch our Pay It Forward program! This initiative has been at the heart of Everytable’s mission to make healthy, affordable food accessible to everyone. By purchasing a meal for someone in need, you’re directly supporting food equity and helping provide nourishment to those who need it most. Join us in giving back—participate in Pay It Forward online or at any of our store locations. Together, we can make a difference. #Everytable #FoodEquity #PayItForward #Community #GiveBack

Want a quick lesson in restaurant economics? As you can see below, a critical metric for restaurants is Average Unit Volume (AUV), the average annual sales per store. Isn't it crazy that every Chik-Fil-A store does $7M+? Raising Cane's $5M+! But AUV is only the first of three important metrics. The second is profit margin. And the third is build out cost. And then you put those three metrics together into the only equation that really matters: Return on Invested Capital = (AUV x Profit Margin) / Buildout Cost. If you've got a high revenue concept, but it's not super profitable, and it costs a lot to build, then you are not really making money on each investment. Conversely, if you have a low revenue concept, but it generates a high profit margin, and doesn't cost a lot to build, then you can make a ton of money on each investment. That's why even though Jersey Mike's is on the lower-end of this list, it just sold for $8B! Their numbers aren't public, but you can be sure that Blackstone saw low buildout cost and high profit margin at each store. And the last factor that really matters is SSS%, which is Same Store Sales Growth per year. Because if your concept's revenue is growing, much of the cost of running a restaurant, like lease payments and insurance and utilities, are fixed. Also buildout cost is fixed -- ie doesn't go up. So as sales go up, profit margins go up, and ROIC goes up! Now, where does Everytable sit in all this? Our AUV is toward the lower end. But our buildout cost is probably the lowest on this list. And because of our super-efficient labor-model, our profit margins are high. So Everytable has excellent ROIC. What's even more interesting is that Everytable has a bunch of different revenue streams running through our stores...consumers buying lunch, stocking up for the week, 3rd Party Marketplaces like DoorDash and Uber Eats, weekly subscriptions, and also a whole host of b2b business including catering, meals on wheels, medically tailored meals, school food, etc. And all of those have extremely high growth potential. Over time, Everytable should be able to grow our AUVs...not to Raising Cane's Chik Fil A levels, but certainly middle of the pack. And because our buildout costs are low, and we have a lot of fixed costs, our ROIC should be extremely high. But I'm obviously biased. And, as they used to say on Wall Street, "talking my book."

Just in time for your #BlackFriday shopping! This holiday season, give gifts that make a real difference – right here in Los Angeles! 💛⁠ A Giftcard to Everytable was included in the @LA2050 Social Impact Gift Guide which features 80+ products and experiences sourced from local nonprofits, sustainable makers, cultural establishments, and BIPOC-owned businesses. Check out the LA2050 2024 Gift Guide: https://lnkd.in/gQrHejUJ 🛒