Seems the cloud kitchen concept rose and peaked during the pandemic ,and when brick and mortar started opening again cloud kitchen became irrelevant.I opened mine in October and will close on January 10th because of the high rent and no customers, i started with one concept and have 4 more concepts in but its been a month and a half and the kitchen and the third party apps take like 2 months to get the new concepts live. My wife and i took out a loan and maxed out our credit cards to do this and keep paying the rent, payroll and taxes just for the privilege of having a cloud kitchen, We are even in a good location 4 minutes away from a major university. In Janurary when our kitchen closes when rent is due again we are ruined , our credit scores go back to 450 after it took 20 years to get in the 700s because we have to file bankruptcy now. This was one of the worst mistakes of my life, and i am creative with concepts etc....
Thanks for the video! 👍🏽
You bet!
First, goodmorning from Philippines🤩
Cafe and milkteashop owner here🥰
Hello 😊
Seems the cloud kitchen concept rose and peaked during the pandemic ,and when brick and mortar started opening again cloud kitchen became irrelevant.I opened mine in October and will close on January 10th because of the high rent and no customers, i started with one concept and have 4 more concepts in but its been a month and a half and the kitchen and the third party apps take like 2 months to get the new concepts live. My wife and i took out a loan and maxed out our credit cards to do this and keep paying the rent, payroll and taxes just for the privilege of having a cloud kitchen, We are even in a good location 4 minutes away from a major university. In Janurary when our kitchen closes when rent is due again we are ruined , our credit scores go back to 450 after it took 20 years to get in the 700s because we have to file bankruptcy now. This was one of the worst mistakes of my life, and i am creative with concepts etc....
Sorry to hear about that Stephen. What was the reason for adding 4 more concepts? Was the first one already proven in the market?