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Randolph Carter's avatar

The question of how small restaurants will survive is an interesting one, especially in an environment of rising fixed costs for anyone who needs full time employees (changes in minimum wage, requirements for benefits, etc. make hiring someone a much bigger commitment than it used to be). I've noticed a number of well capitalized small chains popping up (places with five or six locations) with brand new buildings etc., but very few new independent places since COVID.

My prediction is more market bifurcation, where there will be lots of entrepreneurial activity on the low end (sauces, condiments, things you can sell online with minimal startup cost), more local or regional chains eating up the middle ground, and a playground of fine dining in wealthy cities/suburbs that are awesome but out of the price range of your average diner.

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Sandra Kolka's avatar

Sorry for all the typos. I hate that. English Major, UW-Madison. Oy.

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