Restaurant Startup Episode 1: Unleashing the Kraken

The premiere of CNBC’s new show, Restaurant Startup, focused on exotic and ethnic flavors. Kraken Congee took Tim and Joe’s taste buds to the Philippines, with their congee rice porridge. Ramy’s Falafel Fusion brought a new twist to the popular falafel dish by using a healthier option, fava beans. Despite some of Joe’s doubts, Tim convinced him that “unleashing the Kraken” was the better choice, as they would be investing in a concept, not just a restaurant.
With options varying from scallops, sausages, pork belly, and scallion pancakes, the menu for Kraken Congee is off to a great start. However, Waylynn tells the gentlemen that a signature dish is necessary, and in the restaurant business, they must always be ready to improvise at any time. Taking up the challenge, a congee dish with squid as the main component is created to match the brand and logo. It’s a hit! To top it off, the Kraken crew has a great profit margin. For any business to succeed, knowing your numbers well is very important, and these men definitely know their numbers.
As the restaurant launches, it’s not off to the best start. The kitchen continues to bebacked-up as patrons are waiting for their entrées. Tim Love gives the chefs a bit of a pep-talk, and food is finally brought out. Regardless of the issues, customers love what the congee.
The huge concern with Tim and Joe is the lack of confidence within the three soon-to-be business owners. With that said, Tim decides he would want control of the business to start, offering $150,000 with 51% equity of the company. Although hesitant at first, the gentlemen agree to the deal.
It is important to consider with any restaurant startup all cost-effective measures that can be taken. With Sintel Systems Point of Sale (POS), we can provide any new business owner with a reliable system for all your revenue. Additionally, our knowledgeable staff ensures the best and most economical plans with your specific budget in mind. If you would like to learn more about Sintel’s point of sale systems and how our knowledge and support can impact your future success, call us for a complimentary phone consultation.
Sintel Systems is the only direct to end user full-service provider of tailored Point of Sale systems across retail, restaurant and service industries, including frozen yogurt shops, pizzerias, sushi restaurants, and cafés.
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