this post was submitted on 07 Aug 2024
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That's good numbers, normally 80% of restaurants die in 5 years.
I mean, if 80% fail in 5 years anyway, it sounds like KN has essentially no effect, good or bad.
No effect would be if the restaurant was “average” to begin with. This is Kitchen Nightmares, these restaurants are already failing.
We could say he takes restaurants that have a 100% chance of failure and moves them back to the industry average 80% chance of failure.