{"id":9081,"date":"2013-06-21T09:00:25","date_gmt":"2013-06-21T13:00:25","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=9081"},"modified":"2013-06-21T07:38:59","modified_gmt":"2013-06-21T11:38:59","slug":"the-economics-of-restaurants","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2013\/the-economics-of-restaurants\/","title":{"rendered":"The Economics Of Restaurants"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/06\/062113_1137_TheEconomic1.jpg\" width=\"639\" height=\"425\" \/><\/p>\n<p>Alex Mayyasi took a look at the economics of the restaurant business:<\/p>\n<ul>\n<li>Drinks normally have a profit margin of 80%. The rest of the restaurant? 4%. This is why most restaurants are glorified drink companies, and why Dunkin Donuts recently relabeled itself a &#8216;beverages&#8217; company.<\/li>\n<li>A restaurant in the middle of nowhere expects that its food will be so good it&#8217;ll draw people in \u2013 these are the best places to go eat.<\/li>\n<li>Demographics is destiny for restaurants \u2013 they look to serve those in the community around them. Business district restaurants, for example, are aimed at the after-work drinks crowd and probably don&#8217;t have the best food.<\/li>\n<\/ul>\n<p>Read more economic restaurant hacks over <a href=\"http:\/\/priceonomics.com\/the-economics-of-eating-out\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/priceonomics.com\/the-economics-of-eating-out\/\">Priceonomics<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alex Mayyasi took a look at the economics of the restaurant business: Drinks normally have a profit margin of 80%. The rest of the restaurant? 4%. This is why most restaurants are glorified drink companies, and why Dunkin Donuts recently relabeled itself a &#8216;beverages&#8217; company. A restaurant in the middle of nowhere expects that its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/06\/062113_1137_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=9081"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9081\/revisions"}],"predecessor-version":[{"id":9084,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9081\/revisions\/9084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/9080"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=9081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=9081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=9081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}