Shawerma Plus
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Choosing the right location for Shawerma Plus is crucial as it directly impacts customer accessibility, visibility, and foot traffic, which are essential for attracting and retaining guests. Additionally, the location influences operational costs, competition, and the overall dining experience, ultimately affecting the restaurant's success and profitability. We help our franchisees access prime spots. Location location location!..#location #siteselection #restaurantexpansion
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iPos Point of Sale
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Choosing the right restaurant location maximizes visibility, attracts the target market, increases foot traffic, enhances accessibility, optimizes profitability, and establishes a strong foundation for long-term success.Nearby amenities and attractions can increase visibility and appeal. An indispensable guide to choosing the perfect restaurant location Stay tuned and be ahead of the game! 🏆...#businesslocation #busniessstrategy #Location #marketyourbusiness #success #succesfulbusiness #businesssuccess #entrepreneurlife #businessownerlife #businessowner #restaurant #retail #foodtruck #CustomerFeedback #customerretention #ipospointofsale
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Cullinan Properties
2,298 followers
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Amidst economic shifts, 2024 marks a pivotal year for restaurant expansion, with 94% of operators gearing up for growth. Despite challenges, the industry remains resilient, prioritizing an enhanced dining experience.Let's navigate these changes together – contact Cullinan to explore your expansion opportunities: https://bit.ly/3UYUReO#CullinanProperties #RestaurantExpansion #ExpansionStrategy #RestaurantIndustry
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Coldwell Banker Commercial CBS
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The landscape of quick service restaurants (QSRs) brims with opportunities amidst a backdrop of substantial growth and expansion. Despite economic turbulence affecting the wider dining sector in 2022 and 2023, QSRs and fast casual dining offered budget-conscious consumers affordable indulgences and convenient grab-and-go options. However, like all sectors, QSRs have grappled with the repercussions of inflation, pricey retail spaces, and escalating labor expenses. In this blog, the CBC team delves into the world of QSRs, highlighting areas of growth and opportunity while shedding light on challenges in the industry. Read More Here: https://zurl.co/DA6W
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Yanot Consultants Limited
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What makes a good system? Durability Affordability Reliability Do not compromise any of these requirements because of price? Want a good system for your restaurant/hotel/ retail store? Send us a DM today#possolutions #possystem #posshop #erpsoftware #erpsolutions #posforrestaurant #posforhotel #posforsupermarket
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Mylls Hospitality Marketing
81 followers
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Guests love to support local. Partnering with local vendors aligns with the growing trend of sustainable and community-focused dining, while also offering tangible benefits for your restaurant's quality, reputation, and bottom line. Local partnerships also allow for cross-promotion, which increases visibility to potential guests. #marketing #restaurantmarketing #hospitality #hospitalitymarketing #smallbusiness #fridayfocus #smallbusinesstips #marketingtips #womanownedbusiness #foodandbeverage
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Diane F.
ORTC Title Sales Executive -Elevated Marketing Tools*FarmingProfessional/Experienced *Trusted*Previous Licensed RE Executive Assistant*Effective Ways to Farm/Trending ORTC Flyers
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Retailers are off to a strong start in 2024! Dive into the latest insights from Placer.ai's Q1 Retail & Dining Review, showcasing positive growth trends and sector performance.
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Destiny đź’˛ Brandt
Sales + Executive Recruitment | Software execs pay me to befriend & recruit top GTM biller$ | cold call me đź“ž: 206 - 747- 9724 | đź’¸
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how it feels when an exec FINALLY adds you back on LinkedIn after YEARS of wining, dining & bringing value <3#keepitup #relationships #sales #impact #longtermconnections #youareenough #justkeepselling #value #valueforvaluerelationships #cro
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Andy Abramson
CEO and Founder @ Comunicano, Inc. | Asymmetrical Marketing Expert
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American Express Acquires Tock: A Strategic Move in the Dining IndustryIn a significant development in the dining reservation industry, American Express has announced the acquisition of Tock, a leading restaurant reservation platform. This move comes after American Express previously acquired Resy, another prominent player in the same space. And further pits AMEX vs. JP Morgan Chase in the #luxuryleisure battleground.Acquiring Tock is a strategic maneuver to strengthen American Express's foothold in the dining sector, providing a comprehensive suite of services to both consumers and restaurant partners. Many forget that Amex was an early stage investor in OpenTable back in 2000.The DetailsAmerican Express has been actively enhancing its dining and lifestyle services, and the purchase of Tock is a continuation of this strategy. Tock, known for its innovative reservation and event management system, offers unique features like prepaid reservations and dynamic pricing, which have made it popular among high-end restaurants and consumers alike. By integrating Tock's capabilities, American Express aims to offer a seamless and enhanced dining experience for its card members.Why This Matters1. Better Customer Experience: The acquisition allows American Express to provide a more integrated and enriched dining experience. Card members can benefit from exclusive access to reservations at top restaurants, priority bookings, and unique dining events, enhancing the overall value of being an American Express cardholder.2. Stronger Partnerships: For restaurant partners, this acquisition means better tools and resources to manage reservations, optimize seating, and increase profitability. Tock's innovative features like prepaid reservations help reduce no-shows and improve cash flow for restaurants.3. Competitive Advantage: With both Tock and Resy under its umbrella, American Express is well-positioned to dominate the dining reservation market. This consolidation allows for the integration of the best features from both platforms, creating a robust service offering that can attract a larger customer base.4. Innovation / Growth: Tock's dynamic pricing model and event management capabilities provide new avenues for growth and innovation. American Express can leverage these features to introduce new dining experiences and events that cater to the evolving preferences of modern consumers.The acquisition of Tock by American Express marks a significant milestone in the dining reservation industry. It not only enhances the value proposition for American Express card members but also provides restaurant partners with advanced tools to manage their operations more efficiently. As the dining landscape and Luxury Leisure market continues to evolve, this strategic move positions American Express at the forefront of innovation and customer experience in the dining sector.
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Ben Rovner, CPA
Senior Director at FTI Consulting Real Estate Solutions
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The restaurant landscape continues to transform from a traditional industry with centuries-long standards to a dynamic sector that moves with the times.Three main trends are shaping the evolution this year, (1) structural change, (2) the influence of technology on transforming restaurant’s operations, and (3) workforce challenges.Learn more in our new report: https://lnkd.in/dUt5FpFx #PrivateEquity #Restaurants #Hospitality
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Jamil D. Azar
Managing Director | Restaurant Executive | Transforming Foodservice Businesses | Expert in Operational Excellence, Start-up & Growth Strategies | Multi-Brand Management | Fine Dining to QSR & Virtual Brands | MBA |
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Chain restaurants and fast-casual dining establishments have notably benefited from RevPASH. For example, brands like Olive Garden and TGI Fridays have used RevPASH to fine-tune their operations, leading to increased efficiency and profitability. So what is RevPASH? The concept of RevPASH was actually inspired by a similar metric used in the airline industry called Revenue per Available Seat Mile (RASM). Was first formally introduced in the hospitality literature by Cornell University’s Quarterly Journal.How it is calculated? The RevPASH is calculated by dividing the total revenue generated by the number of available seat per hours.Why it can be used for? Strategic decision-making in various aspects:Seating OptimizationMenu Engineering Staff SchedulingPromotions and Discounts
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