On Bauer Business Focus – A conversation on Houston’s restaurant scene and its growth within the city with Houston Public Media News 88.7 Business Reporter Andrew Schneider.
University of Houston History Associate Professor and Co-Founder of the Gulf Coast Food Project Todd Romero stopped by Bauer Business Focus to discuss some reasons that the Houston restaurant scene has taken off in the recent years.
Romero says that the diversity of Houston and the state of the economy are the reasons that the restaurant scene is prospering so much right now.
“Another thing that I think makes this city distinct that grows from that diversity is that this is a city that has very adventuresome diners,” Romero said.
Romero speaks about the importance of having enough capital to open a restaurant and the importance of having a concise business plan.
“Restaurants run on thin margins. There’s an often quoted but I gather inaccurate statistic that says that 90 percent of restaurants that start will fail,” Romero said. “It’s probably closer to 50 to 60 percent, but cities that have robust economies like [Houston’s] are able to support robust restaurant scenes.”
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