In the bustling culinary world of Denver, a new wave of restaurant operators is facing the challenge of increased costs head-on.
Adapting to Change
, the city's dining scene is witnessing a transformation as rising labor expenses, insurance costs, and property taxes create a new playing field for these entrepreneurs.
A Fresh Approach to Wages
Owner Doris Yuen of MAKfam has paved the way with a unique model where hourly employees receive non-tipped minimum wages and tips are pooled, resulting in a stable and dedicated team. This innovative strategy has proven successful, allowing the restaurant to flourish amidst the changing landscape.
Strategic Growth
Anthony Lygizos of Leven Deli Co. prioritizes employee success by offering above-industry-standard pay and opportunities for career development. His commitment to his team's well-being has fueled the restaurant's growth, with plans for expansive new ventures in the pipeline.
Simplifying for Success
Aminata Dia of Le French has found success in simplifying her menu and operations to accommodate rising costs and a dwindling skilled labor force. By focusing on efficient processes and accessible dishes, Dia has managed to navigate the challenges posed by economic shifts.
Innovative Solutions
Natashca Hess of Ginger Pig has leveraged a fast-casual model and strategic location choices to optimize her staffing and reduce overhead costs. Her problem-solving approach has enabled the restaurant to thrive, even in the face of significant wage increases.
Diversification for Sustainability
Tim Lu of Noisette has embraced diversification with the addition of a bakery and wine bar to his establishment. By maximizing the use of space and offering new experiences, Lu aims to offset rising operational costs and maintain the restaurant's profitability.
Pursuing Growth
Austin Carson and team at Restaurant Olivia are embarking on new ventures to provide better healthcare and benefits to their employees. By expanding their footprint and revenue streams, they aim to create a sustainable business model that supports their staff's well-being.
A Forward-Thinking Approach
Erasimo Casiano advocates for legislation that acknowledges the unique needs of the restaurant industry. By paying staff above industry standards and fostering a culture of respect and accountability, Casiano exemplifies a proactive and positive approach to navigating the current economic challenges.
In the face of rising costs and evolving market dynamics, Denver's new guard of restaurateurs is showcasing resilience, innovation, and a commitment to sustainable growth. The winds of change are sweeping through the city's dining scene, shaping a new era of culinary excellence and economic viability.