Value Line Research Department Restaurant companies are essentially retailers of prepared foods, and their operating performance is influenced by many of the same factors that affect traditional retail stores. For the most part, restaurants have business models that are relatively easy to understand, and the array on the Value Line page is the same as that of a standard industrial company. Nonetheless, there are a number of unique factors to consider when making investment decisions regarding this large and segmented industry. Competition between restaurants is intense, since dining options abound.
Restaurant Analysis Report Assignment Introduction: This Restaurant analysis report assignment shall take an initiative to explore the business practices particularly of the menu items of a local restaurant.
This particular restaurant has been selected for the study because the cuisines served in this restaurant are favored by many of the Indians who are settled in that city. Hence the subsequent sections of this particular report shall venture into the types of cuisines served by this restaurant and shall also take an attempt to critically evaluate the menu items.
The concluding segment shall include an analytical note in terms of understanding the priority and practical business operations of this restaurant along with a brief note of recommendation. This restaurant was established by an Indian group about twenty decades ago.
This restaurant runs as an independent business organization with an Indian owner. This restaurant remains open for all the seven days a week and the opening hours for it are from 8: Regarding the location of this restaurant it is situated in one of the busiest place of the city.
The restaurant being situated near Opera House area of Sydney can be considered as one of the positive point in terms of business profitability. Indian Flavour has no other branches apart operates as a single business organization.
Being a regular customer of Indian Flavours it is evident that this restaurant is one of the most favourite dinning destinations for not only the Indian residents but also for the Indian tourists. However the customer crowd of Indian Flavours is found to be cosmopolitan in nature also attracts local Englishmen and women.
In every hospitality business a well represented menu card is highly essential in order to acquire competitive advantage in business. The cuisines included within the menu card not only reflect the foods served in a restaurant but also provide background information regarding the overall operational details of the concerned restaurant Hassanien, Dale and Clarke, The pricing structure of a restaurant with respect to the foods served can also be obtained through the details provided in the menu card.
The tasks like menu planning, menu pricing and menu designing are also found be to an inseparable part of restaurant business whereby it influences the positive feedback from the customers Dipietro, Roseman and Ashley, Hence formulation of a proper menu card it directly linked with business profitability issue of the restaurant.
The menu card of the Indian Flavour greatly reflected it speciality with respect to Indian cuisines. The menu card was found to comprise of South Indian dishes namely dosa, sambaar, vada etc and also North Indian plates both vegetarian and non vegetarian.
Apart from this Indian Flavours also served fish preparation particularly of sea fish. A variety of prawn and salmon preparations were also found within the menu card.
Focussing on the vegetarian section it is evident that apart from the typical Indian vegetarian dishes no other items were available. Looking into the beverage section it was evident that this restaurant apart from serving regular tea and coffee also serves green tea and cold coffee preparations to its customers however regular dessert items were also included within the menu card of Indian Flavours.
Discussion and evaluation of the menu:TRG gets Wagamama deal support from proxy advisor. The Restaurant Group’s (TRG) campaign to persuade shareholders to back its £m takeover of Wagamama has received a boost after a proxy adviser backed the deal.
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