There is Expected Growth for Virtual Restaurants

There is Expected Growth for Virtual Restaurants

These days food can be ordered from various “existing” restaurants since businesses are increasingly offering delivery options to their guests. Also you have an array of choices when it comes to delivery apps.

But, as Foodable has reported in the past, “virtual” restaurants are on the rise— especially since these “side” businesses present themselves as an additional source of revenue to places with the extra kitchen space. 

Chances are you have ordered from one yourself, already. Services like Ando, Munchery, Savory, DoorDash, Grubhub are available to order from depending on where a customer lives and which nonrestaurants exist in their area.

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The Rise of the Virtual Restaurant

The Rise of the Virtual Restaurant

By Adria Valdes Greenhauff, Editor-at-Large

2016 has had its fair share of challenges for the restaurant industry. While Foodable has seen a spike in restaurant traffic for many emerging brands and some popular chains, several big names like Chipotle, Buffalo Wild Wings and Cosi have all reported significant declines. Couple that with rising health care premiums, and some analysts are predicting more dwindling numbers in 2017.

Luckily, the forecast isn’t all bleak.

According to NDP, restaurant delivery is growing fast. In fact, over the past four years, the segment has grown nearly 34 percent, which has many restaurants looking for creative ways to satisfy customers who prefer eating in to eating out.

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