Episode 104

The Maths Will Tell You If Your Restaurant Will Work

Listen: On spotify

Watch: On youtube

A great restaurant idea doesn't always make a great business.

You might dream of opening a tiny 10-seat restaurant, designing an elaborate menu or creating the perfect dining experience. But what happens when the kitchen, the space or the numbers simply don't support it?

From a $9 million home with a two-burner stove to barber shop economics and restaurants with multiple entrances, TK and Pete look at why successful hospitality businesses need to work with what they've got.

How many customers can you serve? What does each person need to spend? And can your kitchen actually deliver the menu you've imagined?

Sometimes the smartest decision is to simplify, adapt or rethink the concept entirely.

Because passion might get a restaurant started, but the maths determines whether it survives.