The experts are saying that 60% of the restaurants that closed for the pandemic, will never reopen. The restaurant business is fickle, having one of the highest closure rates of small businesses. But 60% in one years is a lot of closure. As things come back, this also creates a lot of opportunities. There will be a lot of fitted out ready for a good cleaning and coat of paint restaurant spaces available for new entrepreneurs. Every restaurant has the server who thinks, "I can deliver better service than this." The cook, who knows that can make "better food than this." And the person with a head for numbers who knows they can "deliver a better value." The three keys to success in the restaurant business, quality, service and value. As things settle into the new normal in the coming months there has never been a better opportunity for them to take the plunge.
At the same time there are massive changes to the food service supply chain. The supply chain is set up to standardize with mediocrity, for a savings of a few pennies here and there, the food supply that goes into the typical restaurant. One of the reasons you seldom find fresh and local in a restaurant, is fresh and local does not fit into the global supply chain that aims to deliver the same product, for the lowest price, everyday of the year. In doing so it standardizes mediocrity. That supply chain has been brought to a halt, and is starting back in fits and starts, opening the door for fresh, seasonal and local to find its way in the back door of a restaurant near you and into the hands of the talented cook who always thought they could deliver better quality, better value (note I didn't say cheaper), into the hands of servers who know they can deliver a better dining experience. Now is the time for the farmers and dairies and vintners to go direct to the kitchens of the new opportunity restaurant near you.
It may take months, or even a couple of years, but I think we will see a revolution in new restaurants, offering unique food and service.
What kind of a restaurant would you like to have open near you?