Re:The Troubling Economics of Food Halls
by taude on Monday October 07, 2019 @09:50AM
(#21180734)
My biggest takeway, too, was the amount you paid for rent was based on the percentage of sales.
Also of interest was the 20 - 30% of spending was done on the bar, which the person running the food court got, too. So, basically the Food hall is taking in 60% of the revenues.
Not a bad business model. Naturally, they are incentivized to make the individual stalls work as a business, so I imagine there's some negotiation that can go around for the price they charge....
Also of interest was the 20 - 30% of spending was done on the bar, which the person running the food court got, too. So, basically the Food hall is taking in 60% of the revenues.
Not a bad business model. Naturally, they are incentivized to make the individual stalls work as a business, so I imagine there's some negotiation that can go around for the price they charge....