Anyone can make a sandwich but can you turn the sandwich shop into a profitable business? The inns and outs of owning your own restaurant or comparatively more difficult then running a contracting business or any other service industry company.
But why? It seem so easy to be able to make a sandwich. After all you eat every day and it’s not difficult to go to the store where the supermarket and get some cold cuts were some chicken to grill and out it between two pieces of bread with lettuce tomatoes pickles olives and any other toppings you might like.
How hard can it be to put lettuce on the top of a sandwich and finish it off with mayo or oil and vinegar. Apparently it’s not as easy as one might think because there are a plethora of people who go in the business every year who risk all of their hard earned savings or take out a small business loan, even a second home mortgage to start their own business.
A few make it after five years and actually earn a profit but the majority of them will go into business for themselves and up closing their doors forever or changing their concept in a waning attempt to make the business successful and survive in the retail food market
Let’s talk in detail a bit more about why a restaurant may succeed or fail. The first and most obvious is brand name recognition. The second is efficiencies in producing your product in the economies of cost. Do you make a sandwich better than anyone else? You might. But can you make 5000 of them in a month the same way? What about customer service how do you deal with customer complaints, do you offer a free sandwich, do you tell them tough lock and open the door for them to leave. What about reviews online do you attempt to resolve them?
Now comes the difficult part staffing. Many businesses can succeed when the owner operator is the person behind the counter making the food. But they can’t be there every day. Especially if they have a family I want to live a normal life. This is where your employees come in to make the difference. Your business will either succeed or fail depending on your employees.
In order to be successful and profitable you need systems in place that can help you with chief your goals of maintaining an operating profit and at the end of the year putting money in your pocket. There are so many other facets that go into running a small sandwich shop that people consider bringing to the franchise concept most of the time. That said there are many, Many franchises a person can choose from in the sandwich sector. There’s submarine sandwich shops such as Subway, Firehouse Subs, Jersey Mike’s Subs, and newer concepts WhichWiches all the way through the fast casual industry which includes places like Panera Bread.
If you’d like to consider buying into the franchise concept you may want to investigate each of these sandwich shops or look for a variety of other shops posted on the additional pages on this website.