29 Sep '16, 5pm

#luxury #foodie

#luxury #foodie

"There will always be room for exceptional fine dining," said Charles Bililies, founder of fast casual mini-chain Souvla. "What’s become increasingly challenging to the point of being borderline impossible is operating a full service restaurant that exists in the low- to mid-scale." Indeed, many restaurateurs with backgrounds in fine dining (like Bililies, Daniel Patterson and Micheal Mina) have gone the fast casual route , which promises better margins and scalability. But this does not seem to be the case for the Hashiri's and Mosu's of the world, which are betting on a certain class of customer to support their model. This topic was explored in a recent New York Times article . "These restaurants must satisfy a venture-capital and post-I.P.O. crowd for whom a $400 dinner does not qualify as conspicuous consumption," the article reads. With this in mind, restaurant consu...

Full article: http://www.bizjournals.com/sanfrancisco/news/2016/09/29/s...

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