Thriving in an oversaturated restaurant industry

By Jacob Mancini In the vast mosaic of Canada’s culinary scene, a rich palette of flavours, cultures, and restaurants merge to tantalize taste buds and ignite culinary business passions. Sounds delicious, doesn’t it? Yet, beneath the surface lies a pressing issue: we are oversaturated with restaurants. Subsequently, Canada finds itself at a crossroads – on […]

Using gift cards to up your restaurant sales

Gift-giving can happen all year round, of course, but typically sales for gift cards start to ramp up from here on out. November and December traditionally make up about 50 per cent of gift card sales for the year, so this is the perfect time to look at how you plan to up sales through […]

Off-premise dining continues to help restaurant revenues grow

As the seasons change, and restaurants get ready to open their patios and continue to fill their tables, off-premise dining is still in hot demand. Takeout and delivery helped many restaurants survive the pandemic and get back on their feet afterward, and it will continue to help the industry grow well into 2023. It seems […]

Restaurant values are soaring in 2022

While restaurant owners and operators — like their suppliers, their staff, and their customers — are facing severe price pressures in all areas of life, a new report suggests restaurant values themselves are also soaring. The latest BizBuySell Insight Report found that the value of U.S. restaurants being sold increased 51 per cent year-over-year in the […]