My daughter is exploring the idea of buying some restaurants and I'm surprised and shocked a bit to now understand most restaurant food is no longer made in the kitchen. Companies like Sysco here supply cookie-cutter restaurants and these are now in the majority. https://www.sysco.com/ So if you are wondering why so much kind of tastes the same and there seems little innovation.. There are a lot of ingredients out there that are never considered by even smaller, apparent family etc places as they are largely redistributing TV dinners but on nice plates. I'm not saying they don't have pots and pans but it's mostly reheating and presentation.
I own some Sysco...They are everywhere!! Think; restaurants, schools, colleges, hospitals...I like going with industry leaders. I would talk to the owner of the local cafe about Sysco...I'd hear him moan and complain about their pricing. I bought some stock and have done quite well. They do very well when people have money. They also adjust accordingly when they have less restaurant business...Just hang onto the schools, colleges, and hospitals!! They keep their wages low for prep work and delivery drivers. When restaurants volume drops (and people quit...low wages), they don't rehire. They redistribute the work to where it's needed... PS Dirty little secret...The $4. cup of soup and the $8. (different restaurants), may come from the same place.
jetro,restaurant depot are the Home Depot for the small guys. If buy a franchise, then all are centralized kitchens.
I was browsing menus of medium to higher medium end places and it's just disturbing really what I thought they cooked but.. No. I've never liked places that have impossibly huge menus of course. Meatloaf and chicken dinner type places, volume and consistency attract me way more than a TGIF or a bread stick olive whatever garden Italian place. But I guess it's all about the bar in most medium range places. The places here in Colombia that make money hand over fist have tiny menus.
I talked to a card room owner who used Sysco a few years ago. She said that Sysco systematically raised raised prices and they would attempt to “Slip in” lower quality meats from time to time. She said they were responsive to threats of her using another supplier. Recently saw this YouTube video: I have tasted this bread type once. Never again. Tastes sweet with a mushy consistency. Guaranteed diabetes in ten years if you start eating this stuff young, in my opinion. Two other poisonous bread related videos below. Have not watched yet: The future for healthcare providers in the US is bright.
It is a very common complaint by middle age Europeans moving to America how quickly things like constipation and inflammation start. Similar in Colombia also as things like high fructose corn syrup are used here also plus saturated fats in near everything. Performance Food Group seem to be Syscos closest large match and United Natural Foods are in the healthier (allegedly) ingredients business. Dunno, I understand she wants to make a portfolio of companies but owning restaurants (not just stocks) ? Other than its less work than movie production I can't think of many positives.
Movie production? I recently bought a 16” Macbook Pro with M1 chip for trading and video editing. It has 64GB of ram, ok for 4k, and 4 TB SSD. Got it at a $1900 discount at B&H Photovideo. These machines are now at a $1600 discount. I will learn to use Blackmagic’s DaVinci Resolve editing suite. They have great free learning resources for those interested in color grading, sound, 3D, among others. After I become reasonably proficient, I will find a few projects to practice on. From there, I will look to create videos for corporate communications and maybe YouTube if bored.
Bought at $32, sold at $32. Held forever. A billion years ago. And of course, it took off after that. If it's anything, it's safe. As i recall, they have a tucking division too. Sigma? Haven't looked in a while. Might wanna see if that is still under their umbrella, and if so, will it be a + or a - for the stock. GFS is their competition. Private I think. Random thought.... what if KR or WMT decided to enter this fray? I bet they could kill em if they were so inclined. When you think about it, everything is already in place. Logistics and buying power that is. .
Well you need to learn editing however you will know jumping to the toys is as much a mistake as building a dedicated workstation with lots of screens as a first step in trading. It starts with storytelling then scriptwriting, then visual storytelling which is using shots, cameras, sound and lighting etc. Editing is not difficult once you have the first part. Without the script saying no more and no less than needed which frankly, you struggle with, editing won't fix it. Licencing music, Pitching and marketing are of course crucial. Mad Men stuff. A good approach is to make uncomissioned ads for existing products, they can be quite viral but watch the legals with the major corps like Coca-Cola who may crush anything with prejudice. Midrange to small but familiar is best. If they go viral, you might have a shot. But don't only think obviously tangible products, also services, insurance, law etc. You must understand that green field is rare, you have to adapt to the customer's ideas. I'd strongly suggest you be cognisant of how tight the margins are these days. It's a competitive area for digital nomads and film students. But this is also a way to get footage to work with.
This is one of the reason I started making my own sourdough bread. Been at it since start of the pandemic. Flavor is amazing.