F&B / Management

Why Are So Many Restaurants in India Shutting Down?

Why Are So Many Restaurants in India Shutting Down?

भारत में इतने सारे रेस्तरां बंद क्यों हो रहे हैं, यह जानने के लिए अपने फेसबुक खाते से लॉगिन करें

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  1. Yes

  2. Few things that I would like to share here as I am too planning to start hotel or food business. One has to properly plan about the business and execute accordingly. People take too much of loan to start a food business and unable to repay and they shut down. They need to understand how much is their ability to repay loan till the break even. Also they need to properly identify location where their business can give maximum profit. For example if one wants to start a non veg food business in Kothrud area of Pune which is mostly Brahmin dominated area then they need to understand that there will be already someone with non veg restaurants and starting one more restaurant in that area is going to put more pressure for you to survive. Also the main reason for shutting down of restaurants is due to skyrocketing real estate prices and rents. The owners and local public in that area closely keep an eye on your business and they will increase the rent of their properties every year and they don’t let you to survive. Next thing is the service that matters. most of the restaurants don’t give the same type of service when they started and today which is a period of internet marketing and social media marketing people will easily mock you down they don’t like your service or quality, this leaves a bad impression and you may end up shutting down. These are the few reasons which may lead to shutting download your restaurant.

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