For many foodies and “home chefs”, owning a restaurant is a lifelong dream. The truth is that restaurant statistics aren’t pretty and success in the industry isn't easy. Sadly, 60% of restaurants don't make it past their first year, and that’s why choosing the correct business model is so critical to your success.
For many foodies and “home chefs”, owning a restaurant is a lifelong dream. The truth is that restaurant statistics aren’t pretty and success in the industry isn't easy. Sadly, 60% of restaurants don't make it past their first year, and that’s why choosing the correct business model is so critical to your success.
If you’re still here and ready to put in the work, read on to discover ten unique startup ideas that can help you break into the restaurant industry. After exploring your options, remember to keep all these opportunities at your fingertips with our free Small Business Startup app—available for both Apple and Android.
One of the biggest perks of opening a food truck is that you can see what people think about your menu before you spend significant money or sign a long lease on a brick-and-mortar location. You can also test the waters to discover the areas in your region where your menu is most popular. Food truck demand has been growing at a significant rate over the past decade. The possibilities are endless in terms of menu and locations including weddings, sporting events, festivals and of course, simply parking outside of a busy office park during the lunch rush.
Can there ever really be too many cozy, boutique cafes in one city? This classic and beloved restaurant idea is perfect for early-morning risers who would prefer to shut their doors after lunch. Cafes and bakeries also enjoy the benefit of having traditionally smaller menus with items like freshly baked croissants, espresso, sandwiches, and other items that require little preparation. If you go this route, remember to invest in public Wi-Fi! We say this because with more and more people working from home, cozy cafes and bakeries have become one of America’s favorite destinations for meetings and working remotely.
One of the smartest ways to open a restaurant is by examining what is missing from your community. For example, is your town surrounded by burgers and French fries but lacking healthy options such as acai bowls or smoothies? By offering a unique experience that people can’t find anywhere else, you may just discover a group of devoted customers who have been waiting for someone unique! The main idea behind a niche restaurant is not to have an extensive menu, but to offer one type of specialty item in which you are the best in its class. Sometimes, less really is more.
There isn’t a better way to support your local farmers than with a farm-to-table restaurant and menu. By taking advantage of the season’s freshest ingredients, you can provide customers with a one-of-a-kind experience that is centered around the agriculture of your unique region. In a recent survey by Trace One, 68% of consumers in the United States revealed dissatisfaction with not being provided with enough information about what is in their food and where it comes from. By using local ingredients as your core menu and marketing focus, a farm-to-table restaurant may allow you to reach an untapped market in your community.
When you’re opening a new restaurant, one way to go is to partner with an existing nearby business. If you have a local brewery or winery near you, consider carrying their products to set yourself apart from competing restaurants in your area. Often breweries and wineries are willing to offer discounts for other local businesses, so cost reduction and higher margins are another bonus here.
As you can see, there are many ways to break into the restaurant industry. The ideas here are truly endless, so remember to explore all the opportunities available to you. Choosing the right restaurant and location can make all of the difference.
While you always have the “opportunity” to start a restaurant, sometimes, it makes more sense to invest in an opportunity that already exists. These are called “Franchise Opportunities,” and tout brand names with proven track records.
With the help and support provided by a franchise, opening your first restaurant can be a lot less intimidating. If you’re ready to explore your franchise options, take a look at the opportunities below! And, remember to download the free Small Business Startup app to keep all these opportunities at your fingertips—available for both Apple and Android!
EggBred aims to serve as a delicious daily breakfast alternative and offers a profitable franchise model for a balanced lifestyle. Our chef-driven concept features a menu of proprietary blends of proteins, locally air-roasted coffee, custom-crafted English muffins, and more. Everything is prepared fresh, made to order, and available all day, catering to breakfast, lunch, and dessert needs.
The Brass Tap is an upscale beer bar that offers 40-60 different craft beers on tap, more than 300 varieties of imports, and local craft beers. We are constantly searching for the best beers from all regions around the world, and rotate our taps to ensure that you can always expect to find a new favorite. We offer hundreds of different bottled beers that are also available for carry out. At The Brass Tap, you can enjoy our spacious patio and never have to drink the same beer twice
Donuts are one of the most profitable food items in the nation In addition, the Daylight Signature Coffee and beverage program generates significant dollars to the bottom line. You do not pay a franchise percentage or even an upfront licensing fee. All the profits you make are yours to keep. Inquire now to learn more
Join a 57-year-strong, fast-growing QSR brand with a loyal following and unbeatable flavors Beef-a-Roo offers award-winning burgers, famous cheese fries, and a family-friendly atmosphere that keeps customers coming back. With locations nationwide and major partnerships, were rapidly expanding. Own a Beef-a-Roo franchise and bring this iconic brand to your community
Join the Port of Subs® family Own your very own Sliced Fresh franchise. Today, Port of Subs® has over 140 restaurants and is expanding throughout the West. We have stayed true to our beginnings and still make each sandwich fresh to order as our guests look on.
Now is the time to own a Corner Bakery Cafe Our business model is built upon scratch kitchen principles that are preferred by all consumers. Made fresh daily, with real ingredients, the Corner Bakery Cafe Brand leads the way with craveable food that makes repeat customers part of our culture. With three impressive day-parts and a strong catering platform, the Corner Bakery model has several revenue verticals that generate aggressive and passive revenue throughout your hours of operation. The Corner Bakery also focuses on the PCC (Pastry, Coffee, & Catering) menu mix strategy to further drive your EBITDA margins. The best way to experience our brand is not via a website...visit a location near you and enjoy what the Corner Bakery Cafe has to offer
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