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1 posted on 10/03/2016 4:08:17 PM PDT by TigerClaws
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To: TigerClaws
My husband once wanted to start a restaurant...until he found out that the standard margin of profit was only 3%.
The only way folks can do it is to have a family RUN restaurant as well. Unfortunately not all the owners children want to stay in that family business. So it eventually goes down the tubes.
2 posted on 10/03/2016 4:12:32 PM PDT by cloudmountain
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To: TigerClaws
Even in good times, restaurant-ing is a tough, tough business. A cruel business. Even crueler today as all it takes is one or two bad Yelp reviews to drive business away.

One of my guilty pleasures is to walk up and down the Bowery in Manhattan, seeing all that surplus restaurant equipment from restaurants that didn't make the grade.

Would be restauranters snap that stuff up, do business for six months or so, and then the same equipment is back in the Bowery.

3 posted on 10/03/2016 4:13:08 PM PDT by SamAdams76 (It is a wise man who rules by the polls but it is a fool who is ruled by them)
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To: TigerClaws

But Obama says the economy is just fine. Hillary will put Bill in charge of the economy because , in her words, he knows how to do this.


4 posted on 10/03/2016 4:13:26 PM PDT by Dilbert San Diego
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To: TigerClaws

I have noticed that bus boys seem to be disappearing from restaurants and that waiters and waitresses are increasingly busing tables—probably due to rising costs due to Obamacare, rising minimum wages, etc.


7 posted on 10/03/2016 4:16:45 PM PDT by Fiji Hill
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To: TigerClaws

If this decline starts ti hit the big national chains like Denny’s, Cracker Barrel, etc. or even start to affect the fast food chains in a big way, then we have signs of major economic trouble.


12 posted on 10/03/2016 4:20:46 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: TigerClaws

hillary’s fine.

the economy’s fine. lowest unemployment ever. lowest interest rates ever.

/s


13 posted on 10/03/2016 4:22:30 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: TigerClaws

Well, with 94 million people either out of work or under employed, then couple that with the drive to increase the minimum wage to 15 dollars an hour, it is no wonder.


14 posted on 10/03/2016 4:22:47 PM PDT by Parmy (II don't know how to past the images.)
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To: TigerClaws

We obviously need to
* raise the minimum wage
* require health care for ALL workers, not just full-time
* require paid parental leave
* raise taxes

While that sounds like a joke, it is literally the solution offered by the left. Those things will increase the number of customers so much that businesses will do better. And it would have happened everywhere it’s been tried except “_insert_excuse_here_” happened at the same time. While the numbers say jobs were lost and businesses closed it “would have been worse” without the changes. So it would have worked everywhere but bad luck made it work nowhere.

To be fair, they also have a solution that does help some businesses
* allow them to hire illegal workers for less money and no benefits
* government pays for all needs of the underpaid illegals and out-of-work legals

It doesn’t help the country but some businesses can do better.


15 posted on 10/03/2016 4:23:21 PM PDT by LostPassword
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To: TigerClaws
China knows that the country that has all the factories has all the wealth and power.Trump knows this too but most Americans that are brainwashed by the mainstream media have no clue.

So We need Trump to Make America Great again by bringing back our companies and U.S. factories from China so that we can produce again instead of just borrowing and building up debt as we are doing under the big eared Obama creep.

Trump said he will reduce taxes and government REGULATIONS ON COMPANIES SO THAT THEY STAY AND come back to the USA and that's a plan that expouses the principles of conservatism (reducing gov regulations and taxes) but the media would have you blind to this fact. ONLY Trump can do it, M.A.G.A!

18 posted on 10/03/2016 4:25:32 PM PDT by Democrat_media (One more day till Obama hands over the internet to Muslim controlled UN. we are don)
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To: TigerClaws

I can eat steak at home for what a hamburger would cost me at a fast casual restaurant.


25 posted on 10/03/2016 4:30:51 PM PDT by PAR35
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To: TigerClaws

That’s impossible. Lester Holt, in his first “question” to Trump stated that the Obamaconomy is awesome, perhaps even epic.


29 posted on 10/03/2016 4:34:20 PM PDT by Bryanw92 (If we had some ham, we could have ham and eggs, if we had some eggs.)
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To: TigerClaws

Robert Irvine observes the restaurant business isn’t for every one.

Its a 24/7/365 a year business that takes a personal and a financial toll.

Even in good times its tough. You won’t become rich running one and people open one primarily to share their love of good food with other people.

When it works, you feel successful. When it doesn’t, you feel like a failure.

You’ve got to have the strong will to succeed and if you don’t have it, running a restaurant shouldn’t be your principal business career.


31 posted on 10/03/2016 4:35:17 PM PDT by goldstategop ((In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever))
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To: TigerClaws

We should thank God salvation is coming with a $15 minimum wage


36 posted on 10/03/2016 4:39:22 PM PDT by bert ((K.E.; N.P.; GOPc;WASP .... Hilary is an Ameriphobe)
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To: TigerClaws

I noticed that most of these examples are national chains known for, at best, mediocre food. I think people expect more from their dining expenses these days.


63 posted on 10/03/2016 5:17:38 PM PDT by Trailerpark Badass (There should be a whole lot more going on than throwing bleach, said one woman.)
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To: TigerClaws
We used to go out on a date once a week, dinner and a movie.

We cut back after he lost his job. And when we started the new business we cut back again.

Now we might go the second run movies theater every couple of weeks and we skip the eating out.

That is a cut back from around $240 a month in entertainment to $20.

Our experience is pretty typical of our friends.

We are not standing in bread lines but discretionary spending has been cut drastically.

78 posted on 10/03/2016 5:35:42 PM PDT by Harmless Teddy Bear (Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles!)
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To: TigerClaws
The restaurant business is the ‘’leading indicator’’ of the US economy? I thought it was the housing industry.
86 posted on 10/03/2016 6:14:14 PM PDT by jmacusa ("Dats all I can stands 'cuz I can't stands no more!''-- Popeye The Sailorman.)
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To: TigerClaws

SOUPLANTATION, I am not surprised at all!!!!!! I got so terribly sick the last two times I ate there. Nobody that works there even speaks English and who knows what is going on in the back kitchen/prep area.

I almost passed out, my neighbor wanted to take me to Emergency because I vomited everything up and couldn’t even get off my bed.

I used to eat there all of the time many many years ago but the quality of the food is very questionable now days. So sad! It is all just sodium and grease any more.


87 posted on 10/03/2016 6:34:50 PM PDT by acoulterfan
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To: TigerClaws

Here is anot issue that I have been trying to figure out.
Recent same store sales reports for chain restaurants show negative YOY growth. This is happening despite decent growth in restaurant retail sales (5.8% YOY vs 1.9% for all retail) and consumer spending (5.7% vs 3.6% for all consumer spending). Either everyone is eating at non-chain restaurants or there are too many restaurants opening.


91 posted on 10/03/2016 7:27:46 PM PDT by oincobx
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To: TigerClaws

Gosh, how could these guys be failing? After all, Obama has tried to help with his mandatory insurance plan and incentivizing workers by making the mandatory wage much higher.


92 posted on 10/03/2016 7:55:17 PM PDT by Rembrandt (Part of the 51% who pay Federal taxes)
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To: TigerClaws

I live in Sarasota, FL. It’s currently the off-season (vs. snowbird season) but, still, restaurants and bars are uncommonly empty. If the snowbird season is weak, there will be mass business failures here.


94 posted on 10/03/2016 7:58:21 PM PDT by Rembrandt (Part of the 51% who pay Federal taxes)
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