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> Presumably other restaurants are thriving? Maybe some are, but a lot are not. From my experience the vast majority in SF only last a few years. I talked wi
by sbov 8y ago
> Presumably other restaurants are thriving?
Maybe some are, but a lot are not. From my experience the vast majority in SF only last a few years. I talked with a friend who lived in SF for 30 years and he said it's pretty normal to see restaurants regularly go out of business. Supposedly because renting the space is so insanely expensive. But there's always another sucker who thinks they can win this game.
- mikeash 8y agoIsn’t that true everywhere? A quick google turns up that 90% of restaurants fail in their first year and the average lifespan for the rest is only five years. I think it’s because it has relatively low barriers to entry, is something a lot of people want to do, and it seems easy.
- jonathankoren 8y ago> Maybe some are, but a lot are not. From my experience the vast majority in SF only last a few years. This is how the restaurant industry works everywhere. It's how most small businesses work.