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Restaurant owner explains inflation struggles: I’m dealing with a different economy
Will Restaurants Investment Group founder and CEO Brian Will describes the impact inflation has had on his businesses.
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@nicksideris2600
March 14, 2024 at 8:56 am
I'll eat at home at save 15 bucks 😆 thanks anyways
@joshlidowdie24
March 14, 2024 at 8:56 am
🌋🌋🌋🌋🌋🌋🌋🌋🌋🌋
@user-oq3zh9wq6h
March 14, 2024 at 8:56 am
Ill make my own blt 😂
@bobothecryptohobo8513
March 14, 2024 at 8:56 am
32% food cost is far too high. You can't survive as a restaurant at that rate because margins are so thin. The years I've run restaurants 24% seems to be the magic number. You have to renegotiate pricing, cut portions and raise prices to offset that 8%. I've saved a number of stores underwater and food cost and employee service are the two things that if you don't have them in line, you'll go from P to L really fast.
@brianoleson9224
March 14, 2024 at 8:56 am
the good news about this inflation vs the battle in the 1970s / 1980s is we have tweaked our economy ever since 2009 causing bubbles in stocks, bonds, real estate ballooning debt and speculation in markets that will create a bust in the short terms months – 2030 max time period just hold on id hold cash. we didnt have such a messed up economy until the 21st century the out come of this isnt the 1970s/1980s but mainstream cant tell you we are likely to face the 2nd worst crash in 1929… or the 6th largest home crash in 200 years
@DailyStalkerUpdate
March 14, 2024 at 8:56 am
Sooo… he's managing just fine after raising prices by $3 to cover it. Zzzzzzzzzzzzzzzz…
@noface5208
March 14, 2024 at 8:56 am
Nothing justifies 16$ BLT open a food truck then WTF
@DearSX
March 14, 2024 at 8:56 am
I got a great affordable community College education in the 2000s
Thanks Bush
Huge house for cheap in the 2010s
Thanks Obama
Very low mortgage rate in 2020
Thanks Trump
Remote high paying job in 2022
Thanks Biden!
@biancagerade4229
March 14, 2024 at 8:56 am
So how much more is that BLT going to be in April when fast food workers go up to $20 an hour, ?
@emmany5302
March 14, 2024 at 8:56 am
Restaurants will have to charge more for the food. The customers who cannot afford it can cook at home. Some restaurants will not make it. That is capitalism.
@karabinb4514
March 14, 2024 at 8:56 am
VIVEK 🇺🇸2024
@Andy-pz1pl
March 14, 2024 at 8:56 am
Let’s Go Brandon!
@JD91909
March 14, 2024 at 8:56 am
I don't think the customers should have to flip the bill Because u made a bad rental with 20k a month just in rent. Buy a building then.
@mongo64071
March 14, 2024 at 8:56 am
I’m not a restaurant owner, but these costs sound ridiculous. $16 for a blt is crazy. I can buy 1 lb of bacon at Costco for 10$. His business model sucks.
@eugenefirebird8938
March 14, 2024 at 8:56 am
Rents are out of control. They are 3x real value in near every case. And it's all greed.
@walterstrahota2956
March 14, 2024 at 8:56 am
Restaurant food is too expensive. I can stay home and make my own BLT for maybe $3.00
@edwardadams7408
March 14, 2024 at 8:56 am
Sixteen dollar blt! WOW? I can go to Texas Roadhouse early bird special and get a steak dinner for $13.99. With house salad baked potato and Yeast Rolls.
@mostlypeacefulcitizen8006
March 14, 2024 at 8:56 am
What nobody seems to be talking about is how this flood of immigration also puts pressure on inflation particularly of food and housing. Prices are set by the market with supply and demand in play. With millions and millions of new mouths to feed going to specific parts of the country increases demand dramatically. As a result these parts of the country will experience more inflation than the rest of the the USA.
@DesertScorpionKSA
March 14, 2024 at 8:56 am
So, he makes $11 gross on a $16 sandwich. The ingredients cost him $5. I think I'll make my own sandwiches from now on.
@JUNGLESTRIKEOFDOOM
March 14, 2024 at 8:56 am
Just think how much jizz and spit that guy has served to unsuspecting customers throughout his career. 💧🤌😬
@RussJAlan
March 14, 2024 at 8:56 am
What would the sandwich cost if you make it at home?
@ronroberti8082
March 14, 2024 at 8:56 am
Now you know why a big Mac with fries cost $16 and the Democrats wanna reelect biden?
@DaleWilliams-zc5te
March 14, 2024 at 8:56 am
Sell. Find a better city.
@gormenfreeman499
March 14, 2024 at 8:56 am
Rent is killing the economy. There really is hell to pay to the people who own all the property.
@songhenry1084
March 14, 2024 at 8:56 am
The car insurance from 2019 to 2023 is 200 vs 500 bucks. No lies. We’re dying here
@songhenry1084
March 14, 2024 at 8:56 am
Yeah one meal is about 20 bucks at a fast food
@edwardnigma2216
March 14, 2024 at 8:56 am
Dude has to make about 93K BLT's a month to pay his bills.. Let's break that down. That's 3,100 BLT's in a day. Assuming he's open 24 hours a day, he's making about 130 BLT's an hour. He'd better have 15-18 people working for him (3 shifts) cause there's no way in hell he's doing all that and taking care of his business by himself.
@kalmykdude
March 14, 2024 at 8:56 am
This moron pays $20,000 a month in rent and the sandwich costs $5 and he charges $15.99! Plus he signed a lease with rent increases every year! So he's charging us $15.99 for a $5 sandwich so he can make a profit of 1 million dollars! Go F urself!
@tammystanzione6374
March 14, 2024 at 8:56 am
Have people been to dinner lately. Restaurant salads are $30 dollars where I live. It's ridiculous. Either they are gouging, or still have a problem. Where is inflation down? My grocery bill has not seen any relief.