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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

1 Squad Goals : OpenTable data revealed a 34 percent increase in parties of more than six on Galentine’s Day (February 13) in 2024, compared to the previous year.2 titled Chili’s and Texas Roadhouse: Full-Service Success in 2024. percent year-over-year during 2024. percent during 2024 and were up 4.2

Marketing 221
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The Complete Checklist For Selling Your Restaurant In 2024: Pre-Sale, Sale & Post-Sale

7 Shifts

Check your restaurant’s business licenses, permits, and insurance policies to confirm they’re current and in good standing. If you prefer to keep the sale private, especially to avoid alarming employees or customers, consider working with a business broker to create a confidential listing.

2024 195
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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance.

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How to Open a Bar: Comprehensive Guide on Starting a Bar

7 Shifts

Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. For example, a popular nightclub will need many employees that a cozy neighborhood bar won't, like a house DJ or a valet. A food seller's permit is also mandated if you plan on serving food.

Bar 221
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Rising Restaurant Minimum Wage: What to Know for 2021

Touch Bistro

hour for businesses with 4 or more employees. hour for businesses with 25 or fewer employees and $14.00 for businesses with 26 or more employees (several cities also have their own minimum wage laws). hour for businesses with 25 or fewer employees and $15.00/hour hour for employees not covered under FLSA).

2021 98
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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

2023 309
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2025 Trends: What Hospitality Businesses Should be Preparing For

Modern Restaurant Management

For more than 100 years, Society Insurance has been providing coverage to hospitality businesses. The Future of Nuclear Verdicts Society Insurance expects more of a discussion around nuclear verdicts and, ideally, an elimination of nuclear verdicts in favor of fair and just verdicts for restaurants. 86ing Gas Appliances – Or Not?

2025 221