Broke at restaurant chains: bankruptcy notice

There will be people to whom it is indifferent whether the provider of the system gastronomy such as pasta and pizza chain Vapiano, the steak house Maredo, or Coa, is a specialist in Asian cuisine, have had to file for bankruptcy. Others have eaten there. Otherwise, the chains would have been able to conquer, all start-UPS from Germany, never the local inner cities and shopping centres. You have contributed your part to the life of a city, also in Frankfurt. Here and there it will be burned started to go further reduced, but the principle applies everywhere: well to grown up fast, money.

Who has always, in the future, an exciting gastronomic concept that starts in a big city like Frankfurt is good and also in a second and third branch works well, you should think of further plans for growth therefore, good, whether he wants to go such a way, really. In General, the same errors are associated with the growth repeat themselves: The concepts are not watered down, the staff is as good as it is the tight-knit founding team in General, the growth delusion, compromises in site selection will be made, the revenge – and the only reason why, because you promised the investors that you have brought, up to a time X sales of Y, but only U has the power.

There are even more uncomfortable Gastro-truths: The industry has a bad one equity ratio, a new product is bought from the money of the previous day, and also paid for the staff. The credit rating is bad, so that the credit rating drops. A shock such as the Corona-pandemic added, no longer continues it. So why reach for the stars: it is not Enough to be happy about a small, fine concept, the shanks works on a site, possibly with a handful of regional good?

In the case of Coa, a doctrine, moreover, makes the speed of things not only for employees and customers. Two years ago, private money borrowed from donors in the context of a Crowdfunding campaign the organization 1.5 million euros at an interest rate of 7.5 percent. Attention: If you won’t get anywhere else more interest, is to be understood such a promise, such as the announcement of an impending insolvency.

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