Think About It
Restaurant Turnover
According to the National Restaurant Association:
The turnover rate in the restaurants-and-accomadations sector rose to a post-recession high of 74.9 percent in 2018, prior to Covid.
Dine-in Experience
Statista Reports:
The year-over-year decline of seated diners in restaurants in the U.S. was a staggering 50.31 percent on November 28, 2020.
Solutions to Combat the
forever changed restaurant industry
Dynamic & Agile Flow
Innovate your restaurant space by creating a consistent flow of small business restaurateurs. You no longer have to wait years in between tenants only to have them turn over within the first two years. Restaurant Peer places multiple restaurateurs in your space and identifies & verifies your restaurateurs to insure they are properly licensed.
Micro Food Halls
When multiple restaurateurs are placed in your facility you are creating a shared restaurant experience. This is already happening, you are just doing it on a smaller scale.
By leveraging this tactic, you are creating more revenue generating options for yourself, the restaurateurs, and their customers. This also increases the longevity of the restaurateurs business, decreasing your downtime in between tenants.
Restaurant Peer's easy-to-use scheduling system creates a seamless transition between restaurateurs.
By leveraging this tactic, you are creating more revenue generating options for yourself, the restaurateurs, and their customers. This also increases the longevity of the restaurateurs business, decreasing your downtime in between tenants.
Restaurant Peer's easy-to-use scheduling system creates a seamless transition between restaurateurs.
Mitigate Risk
It's all about community. When the burden of all the overhead is no longer placed on one restaurateur and spread amongst several, the chance of turnover decreases. By decreasing a restaurateurs overhead, they have more money to place toward marketing or other efforts to make them more successful ensuring that you always have consistent cash flow coming in.
When a community is created within individuals in the same segment, they can then learn and support each other as well. In turn, this reduces your risk because your facility never sits empty because you gave them an organic and affordable way to operate.
When a community is created within individuals in the same segment, they can then learn and support each other as well. In turn, this reduces your risk because your facility never sits empty because you gave them an organic and affordable way to operate.
