The Restaurant Ch. 1

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What are the annual sales for Café expected to reach the first year?

$1,000,000

A sandwich shop can usually be opened for less than __________.

$30,000

What is the average guest check, per person, at Café?

$35

According to the National Restaurant Association, how many jobs are expected to be added to the restaurant industry by 2020?

1.3 Million

H.G. Parsa found the actual failure rate of restaurants during the third year of operation is

14%

H.G. Parsa found the actual failure rate of restaurants during the second year of operation is

19%

Dr. H.G. Parsa s study found that new restaurants had a first year failure rate of

26%

In 1919, there were about __________ restaurants in the United States.

42,600

A franchise is:

A restaurant that has a branded product that the owner promotes, markets and sells under a specific contract.

The Volstead Act prohibited:

Alcoholic beverages being sold

Which involves the highest risks overall?

Building

When asked by the author and others what helped most in getting where you are today, which of the following was the number one factor?

Hard Work

Which is not a reason for entering the restaurant business?

Holidays off

What is/are the advantage(s) in running a family-owned restaurant?

Lower cost and less danger of theft are both correct.

Which involves the least financial risk, yet the psychological risk may be high?

Managing

Trader Vic was famous for this type of cuisine?

Polynesian Type Food

The first restaurant ever was called a __________.

Public Dinning Room

Boulanger believed that __________ was the cure to all sorts of illnesses.

Soup

The first burger chain was called:

White Castle

Opening and operating a restaurant takes:

dedication, high energy, ambition, persistence

__________ is credited with being the first restaurant to franchise.

not McDonalds

A flip is made from:

rum, beer, beaten eggs, and spices

One of the most popular reasons why thousands of people seek to go into the restaurant industry is

the possible financial rewards


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