Is 2019 the Year to Buy Your Dream Restaurant?
4 Min Read By Bruce Hakutizwi
With the proper research and strategy, buying a restaurant in 2019 can leave you stuffed with profits. With the New Year right around the corner, you may have started considering resolutions and goals for 2019. While eating healthier or learning a new skill may be more common, the beginning of a new year also presents ample opportunity to get a business off the ground. If you’ve ever considered buying a restaurant but were held back by timing, economic health, or industry expertise, 2019 could be your chance to make your dreams a reality.
A Booming IndustryIt’s no surprise that the restaurant industry is one of the biggest in America, bringing in $799 billion sales annually. This industry shows no indication of slowing down either, with dining out expenses increasing and Americans consistently spending a significant portion of their income on food. In fact, the consumer price index for away-from-home food purchases has increased 2.5 percent since April of 2017. Overall, the…
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