The restaurant industry is plagued with one of the highest mortality rates of any business in the U.S. In fact 50% of the restaurants in the nation that open their doors for business for the very first time today, will not be here 12 months from now.
There are many reasons for this but assuming the food and service is average or above, the two main reasons that restaurants fail are high fixed overhead costs, and empty seats. In fact the number one highest expense to any restaurant is EMPTY SEATS.
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