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.
That's 80% of ALL RESTURANTS that fail.
Not 80% of resturants that already had one foot in the grave.
He was working with that 80% failure group and got 20% of THOSE not to fail.
The 20% are the ones succeeding
He’s working with the worst of the 80% failing
Huh, I did typo that. Good catch
The 20% survive at least twice as long, it seems KN has some positive effect.
It's not like there's no attrition after the first 5 years. Also, the show started 15 years ago, so the stats are even better.