6 ms·
Restaurants are tough business. Current statistics, about 90% are closed within first year with zero profit. In Ukraine, to be precise, ex-USSR, just ~10 years
by simne 4y ago
Restaurants are tough business. Current statistics, about 90% are closed within first year with zero profit.
In Ukraine, to be precise, ex-USSR, just ~10 years ago, most restaurants owners where relatives of criminals, trying to make something legal with crime money.
Now things changed - large restaurants networks are daughters of Western restaurants networks (like mcdo), small restaurants mostly ostarbeiters, made start capital working abroad.
But anyway, this business tends to become harder.