Sandwich shops have been some of the best segments to own. They give owners the opportunity to work until about 6:00 PM and most of the times, it is during the weekdays. This maintains an attractive opportunity for many people either getting into the business or just entering the restaurant business.
Pro's: Weekday hours, costs, labor, minimal staff, catering possibilities Con's: Some slow times, staffing is difficult, low growth for management |
Bars and lounges are attractive businesses for many individuals interested in working the evening hours. There are late nights, loud music, and lots of slinging alcohol. Either way, it is a lucrative segment of the hospitality industry. This segment involves Eatertainment and Hookah Bars which are both high profit makers.
Pro's: High profits, low labor, lower entry cost compared to full-service Con's: Late hours, tough to staff, turnover of the staff. |
Full-service restaurants are always attractive for individuals who have already been in the restaurant business. The reason is this is the segment they know and understand. It is s segment that can be casual, sports, upscale, or other types of dining.
Pro's: High check averages, consistent clientele, professional staff Con's: Must know the segment, high labor, high entry costs, high expenses |