Robin and Eric Gagnon, Chief Marketing Office and President, respectively, of We Sell Restaurants, join The Commercial Real Estate Show in Studio One to discuss various performance and trends in the United States restaurant sector, which affects retail properties. Highlights include:
- Escalators in excess of revenue growth can be problematic
- Seven in ten restaurants are owned by single unit operators
- Minimum wage laws can be a death blow to restaurants owners
- Legal environment an issues as franchisors may be held liable for acts of franchisee
- A Donald Trump administration is seen as a positive for minimum wage and the legal environment
- Some territorial developments is on hold due to high occupancy cost
- Food cost is still a lurking pressure on restaurateurs