
Just how hard is it to open a restaurant in San Francisco? Pretty dang hard, according to Eggbeater's Shuna Fish Lydon, who explores some of the stickiest issues in the first of a series of posts at Bay Area Bites.
Not to dash your hopes of opening a restaurant or anything, but did you know:
After New York City, San Francisco restaurants have the highest fail-rate, in the shortest amount of time, of any other city in the U.S.
Opening a restaurant is considered the highest risk factor by banks.
Profits are likely to be very slim, less than seven percent annually.
You have to deal with a fickle, image-obessesd public, who sometimes value hipness over food quality. Surprised?
The whole place could be sunk by one bad review in a local newspaper.
Or worse, the whole place could be sunk by some pesky food blogger with an axe to grind.
Damn. It's a wonder anybody bothers opening restaurants at all.
A16 Photo By shunafish on Flickr.