Gen Korean BBQ House’s Post

A recent article in The Motley Fool shines a light on the projected growth of Gen, highlighting our profitability and guest experience. Jon Quast writes, "With Korean barbecue, diners cook their food themselves at the table. Gen Korean BBQ offers unlimited food at set prices, which can contribute to guest satisfaction." 🍴 He also goes on to say, "Another interesting thing about this company is that it designs and installs its own ventilation systems for its tabletop grills. This keeps costs lower and increases the speed at which it can grow: It's not waiting on specialized third-party providers to build out a restaurant." Check out the full article at the link below to learn more about what differentiates us from our competitors. 📰 #GENK #KBBQ #dining #restaurant #restaurantstocks #growthstocks #investing #investors #stocks #food

People like to make fun of pop songs and sitcoms on TV, but creating a hit that connects with popular culture is a lot more difficult than it sounds. Similarly, creating a casual restaurant concept that connects with the public is much more challenging than it looks. Phil Romano was a big hitmaker for the casual restaurant segment from 1970 to the early 2000s. Having created over 30 restaurant concepts—including Fuddruckers, Romano’s Macaroni Grill, Spageddies, Rudy’s Country Store and BBQ, and Cozymel’s— Romano had a remarkable knack for sensing what the public was craving. His aim wasn’t just good food, but good times. Once Romano got his culturally resonating concepts off the ground, he’d typically sell them to investors, and what they did with them after is a different story and business lesson. When Romano created Eatzi’s Market & Bakery in Dallas in 1996, it was considered a game-changer because it persuasively solved a nagging problem consumers faced daily: “What’s for lunch or dinner?” While the concept grew too quickly and ran into problems, it taught so many other restaurants and grocery stores how to elevate their offerings. The original Eatzi’s still operates in Dallas and is poised to make a comeback by growing more slowly and closer to home. #restaurants #grocerystores #supermarkets #foodretail #dallas #sandwiches #cornbread #retail #foidretail

Are new menu items enough to save Cracker Barrel? Despite failure to meet revenue expectations, Cracker Barrel's stock surged over 6% after Q3 earnings. However, as inflation makes dining out less appealing, the long-term value of casual dining is in question. Learn more about Cracker Barrel's outlook with a special investment tip below! https://lnkd.in/exY3hzSp #CrackerBarrel #CasualDining #stocks #Q3 #investment #invest #stockmarket

It's exciting to see how the c-store space continues to evolve, especially where they invest resources when it comes to food service. We're seeing more and more c-store brands come through the Middleby Innovation Kitchen (if you haven't been yet, let me know, we'll get you a tour), or talking to us at events like NACS, National Restaurant Association & Restaurant Facility Management Association about their programs, and how those programs are evolving & expanding. Selling food, especially good food, makes sense and the data proves it: -- Casey's gross margin on prepped #foodandbeverage is around 60%, while margin on fuel is closer to 10% --They're the 5th largest pizza #restaurant in the US, and 75% of their in-store transactions don't involve fuel -- Circle K owner Couche-Tard, has set a target of increasing #food rev by a compound annual rate of 10% over the next 5 years Powerhouse Dynamics The Middleby Corporation #restaurants #retail Jeff McFarland Michelle Fronsee

A recent Nation's Restaurant News article highlighted Gen Korean BBQ's performance amid an interesting year for the restaurant industry. 📰 "The industry itself is expected to surpass the $1 trillion mark in sales for the first time ever this year....We’re seeing a ton of innovative specialty brands generating a ton of interest from consumers – brands like Swig, Hawaiian Bros Island Grill, Cava, Dutch Bros, Gen Korean BBQ...and so on and so forth." We look forward to our continued growth as we continue to bring Korean BBQ to new communities at affordable prices. 🍽 Learn more and read the full #NRN article at the link below! ⤵ #restaurants #food #restaurantindustry #KBBQ #GENK #growth #business #sales #investors #innovation #consumerbrands

It's an end of an era for one of the most iconic restaurant brands in the United States. ⚰ 🦐 Red Lobster recently filed for Chapter 11 bankruptcy after more than 50 years as one of the most well-known seafood establishments in the world. At its peak, the restaurant chain had more than 700 locations across both the USA and Canada. 🇨🇦 🇺🇸 And there isn't a clear cut reason for what caused the restaurant's collapse. ❓ On this week's episode of Manolin Inc.'s Fish n' Bits, I take you through the history of the company, from its founding story to their recent challenges, and discuss some of the major events in the company's history that led to their collapse. Here's a few of the important points on the timeline: • 1968 - Bill Darden's founding of the iconic chain "the father fast causal dining" • 1994 - Darden Restaurants IPOs as to manage its portfolio of restaurants • 2014 - The sale of Red Lobster to private equity firm, Golden Gate Capital • 2016 - Thai Union Group PCL.'s purchase of the company in 2016 • 2023 - The global shrimp market's oversupply during the All-You-Can-Eat promotion Tune in to hear the whole story and an analysis of the business decisions along the way!

According to Placer.ai, the top chains by visit growth in the U.S. from May 2023 to May 2024 include: 1. Chili's Bar & Grill (26.3%) 2. Warby Parker (21%) 3. Five Below (18.6%) 4. Chipotle Mexican Grill (15.1%) 5. Dollar General (14.2%) 6. In-N-Out Burger (13.6%) 7. Dollar Tree (12.3%) The most common were value-oriented retailers, such as Five Below and Dollar Tree, highlighting the popularity of budget-friendly options. Notably, Chili's topped the list with a significant visit increase, driven by their Big Smasher Burger promotion, which also offered great value. To read the full article, visit: https://lnkd.in/gf33BsTh #Tucson #CRE #Retail #restaurant

🍤 Red Lobster declared bankruptcy on May 19th and underperforming locations have already started to close. https://lnkd.in/eFwDPHVx What brought about the bankruptcy of the restaurant chain that rapper Flavor Flav describes as “one of America's greatest dining dynasties”? It wasn’t all-you-can-eat shrimp, as some have suggested, but was more likely endless real estate costs. Listen to the most recent episode of Art of Supply to see what happens when a restaurant chain spins off one of its most valuable assets and then is sold to its largest key supplier. #supplychain #bankruptcy #restaurants

Very interesting idea. Certainly other industries have different pricing based on levels of business and availability. Is it time for the restaurant industry to adopt “surge” pricing? What other industries could\should consider this ? Thoughts? #restaurants #pricing #businessmodel

Invest for Growth 💪🏻    Have you ever wondered what sets our Tiziano pizza oven apart from the rest? It's all about flexibility! With a range of sizes to fit any operation, from little takeaways to bustling cafes and tight budgets, we get why it's a favourite among so many.    But here's the thing – while the Tiziano offers great value and is perfect for beginners or those managing smaller outputs, there's something even better for businesses with big dreams: the Donatello for example. Initial investment in a more advanced oven ensures your customer's equipment evolves with their growth, 📈    For those cranking out pizzas at lightning speed, we have ovens equipped to handle even the most impressive growth. The Tiziano is not a one-size-fits-all solution, which is why investing time in finding the perfect oven is crucial.    That's where Team LLK come in. We're here to find your customer's perfect match – an oven that won't need upgrading when their business takes off, one that will grow alongside them and never let them down. Let's avoid under-specifying the heart of a pizza kitchen together!    We invest our time, so you don't have to! 🗓️ Invite your customer to book a FREE demo now at https://lnkd.in/eyst86MH        #pizzaovenmatchmaker #planforgrowth #pizzatime #pizzalover #restaurants #foodserviceequipment #consulting #foodserviceindustry #restaurantindustry #restaurantsupply #restaurantowner #llkdemokitchen #cuppone #cupponesince1963 #tiziano #pizzapros #pizzatraining #pizzaconsultancy #italianrestaurant #pizzeria