SEASON 2 - Episode 2

WHY RESTAURANTS ARE FAILING 

Listen: on spotify

Watch: on youtube

In Episode 2 of Season 2, TK and Pete dive deep into why so many restaurants struggle or even fail in today’s competitive landscape.

From changing customer tastes to rising operational costs, they explore the challenges faced by restaurant owners and offer insights on how to overcome them.

One key takeaway from TK is the importance of listening to the market. Creating dishes that resonate with customers and sell well is essential to any restaurant's success. Engaging with your clientele—especially loyal customers who visit multiple times a week—can provide invaluable feedback. Asking these regulars about potential menu additions or changes helps ensure that the offerings align with what people genuinely want to see.

Another pressing issue highlighted is the impact of rent increases. Soaring property costs have become a significant contributor to restaurant closures. TK emphasises the importance of thoroughly reviewing financial viability before committing to a location. Ensuring that accurate calculations are made, and revisited regularly, can help safeguard against potential financial pitfalls.