Restaunomics

Navigating the Modern Restaurant Landscape in the Post-Pandemic Era.

[Restaunomics @restaunomics]

Canary in a coal mine?
https://t.co/0qkJpGdVMN

[Restaunomics @restaunomics]

Please don't bring your own wine if its not from your cellar.

[Restaunomics @restaunomics]

https://t.co/qgkIqUQ95M

[Restaunomics @restaunomics]

@lilyjclifford That is the funniest self-own I have ever seen. Worth a follow!

[Restaunomics @restaunomics]

This is a tectonic shift: https://t.co/J8KDBTv3if

[Restaunomics @restaunomics]

@elonmusk Listened to your most recent pod today. The ironic name for "x" is clearly....

"y" 🖖

[Restaunomics @restaunomics]

@realEstateTrent Nice place to visit too! Your posts have done more to promote the area than the county has ever done! Let us buy you lunch (or dinner!) next time you’re here!

[Restaunomics @restaunomics]

@DavidMulugheta @ToryDandy Aged well!

[Mayor Matt Mahan @MattMahanSJ]

My team knows me too well! I’ll take a tamale tower over a cake any day. 🎂Thanks to Copita in Willow Glen for creating this masterpiece.

P. S. @silviascandar Dinner is taken care of tonight!

[Restaunomics @restaunomics]

@aaditsh AI

[Restaunomics @restaunomics]

Ruh-roh https://t.co/zR4kUEHqCF

[Restaunomics @restaunomics]

The Haves and Have Nots: https://t.co/kAFkRNAU8r

[Restaunomics @restaunomics]

Confidence is King https://t.co/27HQD0LOQA

[Restaunomics @restaunomics]

Good question: https://t.co/lxbgtJVrgV

[Restaunomics @restaunomics]

Rock bottom at the Wharf: https://t.co/0l5Q5Qj4WA

[Restaunomics @restaunomics]

@NWischoff Wow! This is GREAT sign for SF. Please feel free to use my restaurant @PoggioTrattoria for am meetings with Marin folks! Your first coffee is on me!

[Matthew Adler @mattadler81]

Quick guide to restaurant economics:

For every $ you make:

35% labor (incl taxes and benefits)
25% cogs(product)
8-12% rent
Ops 3%
Repairs 2%
Utilities 4%
Admin 2%
Insurance 1.5%
Marketing 1.5%
Misc 4%

Profit = 12% which isn’t profit till investment paid off.

[Santa Monica Coalition @TheSMCoalition]

Santa Monica's Jennifer Rush, highly respected Owner of Blue Plate Restaurant Group,  explains why the restaurants, hotels, hospitality and retailers suffer from declining business, and no longer see many tourists.  Residents see the danger and unsafe conditions on the sidewalks and walkways and stay away, but our Mayor and City Council ignore it, and even tolerate open air needle and  meth pipe handouts by Barbara Ferrer and The Venice Family Clinic.  Santa Monica Mayor Lana Negrete and her City Council's answer is to immediately transform the 3rd Street Promenade and thereafter, adjacent alleyways and streets, into an  "Enterprise Zone"  that allows for open consumption of alcohol OUTSIDE of restaurants and patio dining areas, from 8 AM to 2 AM daily. Santa Monica by design, has a shortage of Police and Police "presence."  Assaults, drug overdoses, drug dealing, theft and disruption are no longer random occurrences in Santa Monica.  They are normal and  occur every day.  This problem can NOT be solved by creating another.

[Restaunomics @restaunomics]

Not new but accelerating https://t.co/14RQPDujX3

[Recovering Woke @dnvr_is_burning]

Some more restaurant closures in Denver: Osaka Ramen and Sushirama. The restaurant wage relief bill is too late to help (and it won't even kick in right away).

I rly don't think local gov appreciates how dire this situation is and the long term ramifications to Denver