I work in the food industry now. The answer believe it or not is usually private investors who really love food and think it would be really cool to own a restaurant. You can easily start a small restaurant with what is a small investment to a few wealthy people. 1 million or two just ain’t much these days.
That’s actually why it is an unprofitable business, the people who do it aren’t really doing it for money. Supply outstrips demand which pushes prices down.
That’s actually why it is an unprofitable business, the people who do it aren’t really doing it for money. Supply outstrips demand which pushes prices down.