Ron Simard’s Post

Why is fast casual on fire?  Inconvenience can lose you Guests- experience is undoubtedly how you win them. We know Fast Casual combines the best of two worlds: the speed and convenience of fast food with the quality and experience of casual dining and continues to show impressive growth in sales and traffic. And, there's no sign of it slowing down. Don’t be fooled when you read that consumers don’t want to dine in. They do, especially Gen Z! The issue is that the experience being served up isn’t that joyful!  April 2024 Among Gen Z’s  41% Going out less yet splurging when they do ( +9 vs Total US) 56% Craving more social connections with friends and family ( +9 vs Total US) Thanks for the shout-out in the article Alicia Kelso Nation's Restaurant News “The winners will be the fast casuals that are experience-oriented because many casual dining restaurants are giving up that dine-in occasion in favor of off-premise growth.” #growth #fastcasual #experience #bringmorejoy

Looking for key insights for the restaurant industry in 2025? QSR magazine has released an insightful article featuring 13 industry leaders dissecting the critical trends, challenges, and opportunities shaping quick and full-service restaurants in the coming year. Read the full piece here: https://rpb.li/3qUT #RestaurantIndustry #FoodTech #BusinessTrends #Hospitality2025

Overall restaurant spending has grown in the past decade. Meanwhile, it's been a tricky year for the "casual dining" sector—sit-down establishments in the middle-cost tier of the market, such as TGI Fridays and Red Lobster, Lora Kelley writes:

The restaurant landscape has undergone a seismic shift. But in the face of this change, operators have shown remarkable resilience. Gone are the days of dollar menus; today’s diners navigate a complex world of inflation and competing priorities. Yet, one thing remains constant: the enduring desire for exceptional dining experiences. To thrive in this new era, operators must reimagine the value equation. Their adaptability is their strength. While price sensitivity is undeniable, it’s merely one piece of the puzzle. Quick-service, full-service, and limited Continue Reading: https://lnkd.in/grbktWTm #restaurant #foodservice #hospitality #food #dining #diners #eat #qsr

Traditional full-service restaurants are facing a lot of pressure as fast-casual businesses eat up more of the broader restaurant market share across the country. It is important for those commentating on the market to understand the irreplacability of the customer experience. People are still dining out, but they are being more selective with their spending due to broader economic factors. Fast Casual, QSR, or Full Service, restaurants can't assume the guest dining experience is lessened because of the economy, as we have identified at Happy Joe's 🍕. If anything, service and the overall dining experience importance is heightened because of the economic impact on the dining guests. #RestaurantIndustry #FastCasual #Innovation

I am looking for a Buyer for this Icon Restaurant. RESTAURANT FOR SALE Benjies NY Deli located at 1828 N Tustin Ave, Santa Ana 92705. Property Details: Address: 1828 N Tustin Ave, Santa Ana 92705 Status: Active Business Opportunity Current Use: Restaurant Actual Rent: $15,000 DESCRIPTION Benjies NY Deli is not only a long-established business but also quite successful, with gross annual sales of $2,493,775.19. Here's a breakdown of its key features: Establishment: The deli has been operating since 1968, under the same ownership for over 50 years, which speaks to its stability and reputation in the community. Employee Base: With 40 employees, it seems to be a sizable operation, indicating its ability to handle a significant volume of customers. Property: The fact that it's housed in a free-standing building with parking is advantageous as it provides convenience for customers. The size of approximately 4,500 sqft suggests ample space for dining and operations. Menu Flexibility: The potential to change the menu and diversify into different cuisines such as Indian, Asian, or Mexican is a notable opportunity. However, it's important to note that any menu changes would require landlord approval. Liquor License: The inclusion of a full liquor license (Type-47) adds value to the business, potentially attracting a broader customer base and increasing revenue streams. CALL BEFORE SHOWING,. DO NOT GO DIRECT OR TALK TO EMPLOYEES.

Are Restaurant Chains in Trouble? Red Lobster, Denny's, and TGI Fridays Close Locations Major chains like Red Lobster, TGI Fridays, and Denny’s are downsizing. Facing shifting dining habits, the three brands are collectively closing over 300 locations. Is this a trend for the restaurant industry post-pandemic? Read more: https://lnkd.in/gMdysfTS

The quick-service restaurant (QSR) industry faces a challenging post-COVID environment, as customers' tolerance for inflated prices wanes. To win back price-conscious consumers, QSRs are rolling out various value deals. However, value isn't solely about price; it encompasses abundance, quality, innovation, and dining experience. Key Highlights: 🌮 Customer Tolerance for Inflation Declining: After initially accepting higher prices, consumers seek more value-driven options. 🍕 QSRs Respond with Value Deals: To attract price-conscious customers, QSRs are introducing various deals and promotions. 🌯 Value Beyond Price: Value encompasses not only price but also factors like abundance, quality, innovation, and the overall dining experience. 🍔 Fast-Casual Potential: With fast-food prices rising and casual dining becoming more expensive, fast-casual restaurants may attract customers seeking a balance of value and quality. Source: QSR Magazine

Check out this new article: Restaurant expansion: How to expand your business to another state by

To measure success, your restaurant needs clearly defined goals. Use these key metrics to guide the way: https://bit.ly/3Wi1hVj