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How Much Does It Cost To Buy A Restaurant

How Much Does It Cost To Buy A Restaurant? 2023 Guide

According to Restaurant.Org, the food service industry workforce is expected to grow by roughly 500,000 jobs, with a total employment of around 15.5 million by the end of 2023. Following the updated data above, it’s unsurprising that many people want to open their own restaurants. However, not everybody wants to start from scratch, so buying …

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Thomas Keller Masterclass Review

Thomas Keller Masterclass Review: Is It Worth It? (2023)

Thomas Keller is a big name in the US culinary world for winning more Michelin stars than any US chef and operating two three-star Michelin restaurants.  As a foodie and aspiring chef, I decided to subscribe to MasterClass intending to learn more from Chef Thomas Keller. Expectations are high, so we’ll give an honest Thomas …

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How Does A Ghost Kitchen Work

How Does A Ghost Kitchen Work? All You Need To Know (2023)

According to Statista, the ghost kitchen market was estimated at over $130 billion in 2022 and is projected to reach $223.7 billion by 2027.  With only between $20,000 and $60,000 as a start-up cost, it’s no wonder many business owners want to put their toes into the ghost kitchen business and try to see if …

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Tips to Cut Costs in Restaurant Business

Tips To Cut Costs In A Restaurant Business: 7 Different Ways

Running a restaurant is an exciting and rewarding experience, but it can also be quite challenging.  One of the biggest challenges that restaurant owners face is managing their operating costs. From purchasing ingredients to paying employees, there are many expenses that go into running a successful restaurant. However, there are ways to reduce these costs …

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How Much Does A Used Food Truck Cost

How Much Does A Used Food Truck Cost To Operate? (2023)

According to Zippia, approximately 36,324 food truck registered businesses are currently in the US. Recent reports also show that the food truck industry has an estimated $1.16 billion market size in 2021 and is expected to record a 6.4% CAGR from 2022 to 2030.  The rising demand for “go-to” meals and the rising popularity of …

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Trends In The Food & Beverage Industry

15 Best Trends In The Food & Beverage Industry (2023 Edition)

Knowing the latest trends in the Food and Beverage Industry is pivotal for food and beverage manufacturers, especially if you need to stay on top of consumer trends unless you want to fall behind the competition. However, predicting and adapting to essential details like these can be challenging. Fortunately, we have found the most significant …

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Restaurant Industry Statistics

40 Significant Restaurant Industry Statistics & Trends (2023)

Reports claim that restaurant sales in the US, on average, have recovered to approximately 75% of pre-pandemic levels as of 2023.  2020 – 2022 has been a whirlwind focal point for most restauranters. Most of them failed, closed temporarily or for good; some struggled to meet the new demands, and others remained standing still despite …

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Food Waste In America Statistics

25 Concerning Food Waste Statistics in America in 2023

America’s food waste totals 130 billion meals or more than $408 billion. Only around 3.6 billion pounds of food are rescued annually, with roughly 119 billion pounds of food wasted in the United States. Keep reading to know more about food waste in America – statistics and up-to-date details.  Food Waste in America Quick Summary  …

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Statistics About Fast Food

40+ Shocking Fast Food Statistics For 2023 | US & Worldwide Data

As of June 2022, America’s fast food industry was worth around $331.4 billion, a little over ⅓ of the global fast food market.  Thus, it’s unsurprising that the US ranked as the world’s most fast-food-obsessed country in 2022. Fast food trends and statistics can be useful in helping you to prepare for the future and …

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