smoovgee t1_iw4e678 wrote
Per SBA, 75% of all restaurants fail within 2 years. There's a reason why resturantuers get investors and not bank loans. Food costs and labor eats up all the money.
I remember reading an article about a 1 star Michelin chef owner who had to clean her own grease traps because she couldn't afford the $1000 cost.
There's a reason why Subway only gives you 2 napkins. Why McDonald's and Wendy's only give you ketchup if you ask for it.
All of it adds up.
Several of Gordon Ramsey's early restaurants failed.
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