How Are Restaurants/Fast Food Businesses Surviving These Days? - Food (3)

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How Are Restaurants/Fast Food Businesses Surviving These Days? - Food (3) - Nairaland

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Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by caye(m): 6:20pm On Jul 09

anonimi:

Is this what they call stagflation? Or even worse?

It's possible that this is the collapse that we've been waiting for.

2 Likes 1 Share

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Nadingo: 6:20pm On Jul 09

AngelSlay:

The following have made fast food restaurants business challenging and unprofitable
- Cost of diesel
- Cost of procurement (raw materials; a bag of rice is over 85k. A kilo of turkey is 7k, Sharwa that used to be 200 back in the day (2020) is N800 for one piece, Titus & Kote is damn expensive, Beans na big man food, I don't want to mention Garri, noddles have left the WhatsApp group)
- PHCN estimated billing
- State Internal Revenue Service
- Federal internal Revenue Service
- State Environment Protection Agency
- State Advertising Agency
- Consumption tax (depending on the state)

How do you think they would break even in 6 months?

Funny enough people come in to just buy a bottle of water and wait endlessly taking AC into their body because they have trekked a long distance (whereas I am burning fuel😭)

Unfortunately, the inevitable would eventually happen, the business closes down and people are out of jobs.

Anyway 🙂 join the WhatsApp channel link to get free food, jobs & many giveaways https://whatsapp(.)com/channel/0029VaH6zEJFHWpuQ1zwxt1Q

Small question wey dem ask you don dey form ChatGPT angry

4 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by stallonsly: 6:22pm On Jul 09

Kennyjac2010:
You were warned!

Exactly

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Vickho: 6:22pm On Jul 09

stacyadams:

The place wey I dey go eat before suddenly close,,I surprisingly see the woman for my area...she say no money to continue.i just weak..

beans is now 500 naira per cup. If she manages to buy much of it's quantity at that rate, cook and increase price, most people won't buy it, hence she'll be at loss

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Vickho: 6:25pm On Jul 09

Nazgul:
I noticed it where I do eat sometimes. The place was literally empty. Last time I was there I told the woman to consider reducing her standard plate of food so as to attract more customers. She was just quiet and I really felt for her. Cos it's not really her fault.

Even chicken republic that use to sell their refuel from N1,500 have all increased their prices due to inflation. the last refuel I bought at the chicken republic in MM2 was N2,700.

That's why everyone is cooking at home these days. With 10k (or even less) you can make an average soup or stew that would last days or even weeks.

On Sunday I made stew with 8k. Bought 2 kote fishes for about N4,400 and 2 half derica size tomato paste. That stew should take me till next week. And believe me, it's much more economical than spending about 4k on just one meal.

you still dey put fish for stew for This economy?
You be big man ooo.
Last stew I used 5k and it could only last me 3 days, no fresh tomato but paste only and kpomo replaced fish.

4 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by vanunu: 6:26pm On Jul 09

BigYash:
Even shoprite no dey get crowd as before.. Nigerians never ready sha.. if them don hungry reach,them go do pass Kenya..

Cux I don’t understand how leaders go just dey ball,wear designers ,then telling citizens to endure suffering.. Worst part is that the government of the day is so confused ,and they are without plan or ideas of making the country better anytime soon..

The worst is that they buy luxury Lexus jeep and hiliuz

3 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Vickho: 6:28pm On Jul 09

osazsky:
this should not be ur problem...has she ever begged u for money..learn to mind it business..no need discussing such matters...moreover are u d father

how far guy you dey miss for euro thread updates.
Abi na only man city and EPL matches you dey interested?

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Hedonisco: 6:33pm On Jul 09

The poor have not suffered enough. When they suffer enough, they know what to do.

Yeye people.

5 Likes 1 Share

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Emeka71(m): 6:34pm On Jul 09

[quote author=Oloki post=130591003][/quote]Some people like me I'm surviving on banana and barbeque fish.

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by AngelSlay: 6:34pm On Jul 09

Nadingo:
Small question wey dem ask you don dey form ChatGPT

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by ufotunang: 6:34pm On Jul 09

Kustask:
I was at a restaurant yesterday for a fast one but noticed I was the only customer available at that point. The restaurant is situated on a very busy Road.

The generator was put on for me for close to 2 hours.

Same story for most of the restaurants I've been to.

How're they surviving and what's your experience like?. Could it be my location alone?

..it's the high costs of fuel disel that caused it... which cause the purchasing power of nigerians to be low which makes patronage of this fast food to be low and causes the high costs of foodstuffs and food sold in the fast food which nigerians cannot afford to buy

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by sylve11: 6:35pm On Jul 09

Nazgul:
I noticed it where I do eat sometimes. The place was literally empty. Last time I was there I told the woman to consider reducing her standard plate of food so as to attract more customers. She was just quiet and I really felt for her. Cos it's not really her fault.

Even chicken republic that use to sell their refuel from N1,500 have all increased their prices due to inflation. the last refuel I bought at the chicken republic in MM2 was N2,700.

That's why everyone is cooking at home these days. With 10k (or even less) you can make an average soup or stew that would last days or even weeks.

On Sunday I made stew with 8k. Bought 2 kote fishes for about N4,400 and 2 half derica size tomato paste. That stew should take me till next week. And believe me, it's much more economical than spending about 4k on just one meal.

Na drop of stew you wan dey eat per meal? grin

2 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by ufotunang: 6:37pm On Jul 09

Tinubu removal of fuel subsidy as destroyed a lot of bussinesses including fast food bussinesses

5 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by samuelson06(m): 6:37pm On Jul 09

BigYash:
Even shoprite no dey get crowd as before.. Nigerians never ready sha.. if them don hungry reach,them go do pass Kenya..

Cux I don’t understand how leaders go just dey ball,wear designers ,then telling citizens to endure suffering.. Worst part is that the government of the day is so confused ,and they are without plan or ideas of making the country better anytime soon..

They'll send palliatives to you soon grin

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by sylve11: 6:39pm On Jul 09

iLegendd:
Despite the hunger and businesses shutting down, there are a bunch of poor men bent on having lots of children they can't feed. Manufacturing more próstitutes and kidnappers into the society.

This is a salient post.

There are some people I know, they just produce and produce children and they can't even take care of the ones they have.

I see such people as evil people. Very wicked things. >: cool

4 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by anonymuz(m): 6:39pm On Jul 09

BigYash:
Even shoprite no dey get crowd as before.. Nigerians never ready sha.. if them don hungry reach,them go do pass Kenya..

Cux I don’t understand how leaders go just dey ball,wear designers ,then telling citizens to endure suffering.. Worst part is that the government of the day is so confused ,and they are without plan or ideas of making the country better anytime soon..

I agree with you.

2 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by GEEBITE: 6:40pm On Jul 09

Name please.

FreeStuffsNG:
Hmmm. My favorite restaurant is still brimming with patronage and we even queue to get served

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by BigYash: 6:41pm On Jul 09

samuelson06:

They'll send palliatives to you soon

They should send it to your hungry parent

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by bisqit: 6:46pm On Jul 09

AngelSlay:
Yes on loans, check out the last recruitment they did. They had to slash down salary. If you want to stay, take the pay cut and if you cannot, kindly use the door.

is it why their staff work six dsys

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Jflex07(m): 6:48pm On Jul 09

FreeStuffsNG:
Hmmm. My favorite restaurant is still brimming with patronage and we even queue to get served

Lies!!

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Karleb(m): 6:51pm On Jul 09

They actually make money now.

They reduce quantity and increase price.

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Truthbites: 6:52pm On Jul 09

BigYash:
The first step is to cut down the salaries of the leaders.. Seize and sell off their excess cars and houses.. And investigate the corrupt ones ,take the looted money from them . Then use this money to invest into agriculture and manufacturing industries.. Things go start turn around.. But the above can never happen,because the nation treasury is kill and divide among them at the top.. I heard they are still paying subsidy.. But Apc will never say the truth..

They supposed even appoint u for very sensitive and key position make u teach them. But they nor like ideas or knowledge.

Awon na statistics we go chop?

1 Like 1 Share

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by AngelSlay: 6:55pm On Jul 09

bisqit:
is it why their staff work six dsys

unfortunately I don't know why

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by AngelSlay: 6:55pm On Jul 09

sylve11:

This is a salient post.

There are some people I know, they just produce and produce children and they can't even take care of the ones they have.

I see such people as evil people. Very wicked things. >:

How are the wicked?

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by folake4u(f): 7:01pm On Jul 09

It depends on the location, I guess.

And also these days, restaurants increase price and reduce quantity.

I was at Yellow Chilli restaurant, VI a week ago and the place was FULL.

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Fiwayemi(m): 7:06pm On Jul 09

Kustask:
I was at a restaurant yesterday for a fast one but noticed I was the only customer available at that point. The restaurant is situated on a very busy Road.

The generator was put on for me for close to 2 hours.

Same story for most of the restaurants I've been to.

How're they surviving and what's your experience like?. Could it be my location alone?

na Cook I dey cook now,it is economical

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by mozzarellla: 7:06pm On Jul 09

Crafteck1:
I closed down already, switching to bet shop soon.

Here I am, planning on going into the business.
God abeg o

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by TemmyT002(m): 7:11pm On Jul 09

I heard of a woman crying in the market here in Ekiti.
The money she brought to the market was not enough for the new prices.

Many taxi drivers are selling their cars to buy okada
Many people are closing down shops.

APC is a parasite

5 Likes

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by nautybride: 7:21pm On Jul 09

hkidola00:
citizen,can't we plan a mass riot like right now like we did during endsars

The strategy is hungry people don't protest! Keep them starved! The people at the top must remain at the top by trampling on those below! May all the evil Leaders face the wrath of the gods of the land soon.

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by nautybride: 7:26pm On Jul 09

Hedonisco:
The poor have not suffered enough. When they suffer enough, they know what to do.

Yeye people.

The poor are suffering and don't even have energy to go against the causal agents.

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Logins2125: 7:28pm On Jul 09

Op , na your bad luck dey cause am. Guess what? You have been going to a different restaurant/fast food but all the same. Bro you needed a man of God to pray for you 😀😀

1 Like

Re: How Are Restaurants/Fast Food Businesses Surviving These Days? by Kennitrust(m): 7:31pm On Jul 09

stacyadams:

The place wey I dey go eat before suddenly close,,I surprisingly see the woman for my area...she say no money to continue.i just weak..

you could derailed this thread with this 🤥 lie.

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