A little more than half (51 per cent) of millennials make a purchase from a restaurant at least once a week, followed by 47 per cent of Gen Z Canadians, the report showed.
It doesn’t make sense to me. With the economy of scale, eating out should be more sustainable than cooking at home, but somehow it isn’t.
My best guess is that it’s an issue of everyone expecting variety and a kitchen that operates all day. If you make a huge batch of food and serve the same thing to everyone at the same time every day, that should be way cheaper than cooking at home.
Eating out at home prices gives zero value to labor or the overheads of the restaurant. This is why restaurants go broke and no bank will loan to a restaurant.
This is all about real estate. Restaurants have to pay stupid lease rates and higher wages to workers who need to live in stupid rental rates.
What you’re describing is the kind of cafeteria I ate at as a university student. Limited hours of operation, your choice of three entrees cooked in advance and served from steam trays, plus some stuff that was either prepackaged or could be made while they were closed and set out for self-service. And it works okay in those kind of circumstances, where you’ve got a large semi-captive audience who need fuel. It isn’t what most people are looking for in a nice evening out, though.
It isn’t what most people are looking for in a nice evening out, though.
That’s the thing, isn’t it? With the exception of maybe once or twice a month, I’m not looking for a nice evening out. I just need fuel, and I need it three times per day. That’s over 95% of my meals. I’m pretty sure the majority of people are in the same boat.
It doesn’t make sense to me. With the economy of scale, eating out should be more sustainable than cooking at home, but somehow it isn’t.
My best guess is that it’s an issue of everyone expecting variety and a kitchen that operates all day. If you make a huge batch of food and serve the same thing to everyone at the same time every day, that should be way cheaper than cooking at home.
Eating out at home prices gives zero value to labor or the overheads of the restaurant. This is why restaurants go broke and no bank will loan to a restaurant.
This is all about real estate. Restaurants have to pay stupid lease rates and higher wages to workers who need to live in stupid rental rates.
So now we pay $28 for a stupid burger.
It always comes down to landlords, doesn’t it.
What you’re describing is the kind of cafeteria I ate at as a university student. Limited hours of operation, your choice of three entrees cooked in advance and served from steam trays, plus some stuff that was either prepackaged or could be made while they were closed and set out for self-service. And it works okay in those kind of circumstances, where you’ve got a large semi-captive audience who need fuel. It isn’t what most people are looking for in a nice evening out, though.
That’s the thing, isn’t it? With the exception of maybe once or twice a month, I’m not looking for a nice evening out. I just need fuel, and I need it three times per day. That’s over 95% of my meals. I’m pretty sure the majority of people are in the same boat.