Showing posts with label BizMojo Idaho Falls business news restaurant. Show all posts
Showing posts with label BizMojo Idaho Falls business news restaurant. Show all posts

Tuesday, December 20, 2011

Tucanos Grill for Idaho Falls? One can only hope

BizMojo Idaho reader William Waetje suggested this morning that Idaho Falls could use a Tucanos Brazilian Grill.

Since I learned last week that there are two restaurant developers looking at the old T.G.I. Friday's location on Hitt Road, and in the interest of keeping everyone up to date, I decided to investigate.

The Lakewood, Colo.-based chain has four restaurants: one in Boise, two in Utah and one in Albuquerque, N.M. This geographical distribution would lead one to think Idaho Falls might be considered as a possible location, but the next one is to open in Colorado Springs in April 2012. Considering Tucanos has been in operation 12 years, one can surmise the company is taking its time with expansion.

Still ... Brazilian food, how good does that sound? Check out Tucanos Web site. We gotta get these guys here, if only for the music.

http://www.tucanos.com/

Sunday, December 4, 2011

Buddy's to close Idaho Falls restaurant

We here at BizMojo Idaho would much rather write about a restaurant opening than one closing, but it is our sad duty to report that Buddy's on Channing Way will be shutting its doors at the end of the year.

Give them credit for trying. They opened in early August 2010, right about when Idaho Falls was beginning to feel the full effect of the economic downturn.

For those of you whose response is, "How could they? I love Buddy's!" ask yourself, when was the last time you ate there? The business hasn't been good enough, said the manager I talked to Thursday.

Running a restaurant is a tough business, and for locally owned places it can be hard to compete with chains like Olive Garden, which, as we know, have deep pockets and a devoted following.

But the commonly held notion that 90 percent of restaurants fail in their first year is a myth. I've posted a link below to an article that was published earlier this year by Randy White, CEO of White Hutchison Leisure & Learning Group, a consulting group based in Kansas City, Mo. Here are some key points from a three-year study they did:

  • During the first year of operation, slightly over one-quarter of all restaurants closed or changed ownership. By the end of their third year, just short of 60% of all restaurants closed or changed ownership. The turnover rate varied little between independent and chain restaurants.
  • Restaurant turnover was highest in areas with higher concentrations of restaurants. In other words, the greater the number of restaurants for a given population, the greater the failure rate.
  • A successful restaurant requires focus on a clear concept that drives all activities, an operating philosophy that encompasses business operations as well as employee and customer relations. "Failed restaurant owners, when asked about their concept, discussed only the food product," White wrote. "The researchers concluded it was obvious from the interviews that food quality does not guarantee success; the concept must be well defined beyond the type of food served."
Buddy's in Pocatello, an institution there, will remain open, so anyone hankering for "Buddy's Breath" will still have that option.



Friday, December 2, 2011

That One Place opening Monday in downtown I.F.

After more than a half-year of vacancy, the space at 552 North Capital Avenue, where Pachanga's used to be, is going to be opening Monday as That One Place.

The restaurant, which has been at 569 Third Street since opening in April, is moving downtown for better traffic and because owner Trent Walker says he wants to be part of the downtown scene. The menu focuses on sandwiches, soups, wraps and rice bowls, all fresh from scratch.

A native of Salt Lake City, Walker has been in Idaho Falls since 2001, when he came to work for Dole Fruit and Vegetable. From there, he went to work for Nicholas Foods, supplying restaurants in Idaho Falls, Driggs, Victor and Jackson, Wyo. Visiting all the restaurants that he did, he had plenty of inspiration and ideas once he started planning to open his own.

He said he is under no illusions about going into the restaurant field. "It's a tough market, but if you can find your own niche I think you can do well," he said.

The name "That One Place" came from his 16-year-old son, who'd heard his grandparents talking all the time about places they'd eaten around the world, e.g. "Remember that one place we went to in Italy?"

"He said, 'You ought to call it that,' and we liked the idea," Walker said.

The restaurant manager is Ashley Mueller. They provide catering, carryout and delivery. For more information, call 529-9804.