When considering several alternatives for supper, going with a pizza buffet is a good choice to make for a number of reasons. One advantage of going to a buffet is that it usually satisfies even the most finicky eaters. For example, toddlers who want plain cheese may have it, and so can adults who want a supreme pie or a vegetable pie. Additionally, buffets guarantee that you try a little bit of everything without having to purchase additional items such as cheese toast, chicken wings, or salad. Another important advantage? You are not required to make your own pizza from scratch. On the other hand, if you’d rather make your own pizza, you may consult our recipes.
It wasn’t that long ago that pizza buffets didn’t even exist, but now it seems like every other restaurant in the world has one. The publication Pizza Today states that the first CiCi’s Pizza restaurant opened its doors in the 1980s. According to Craig Moore, who serves as President of CiCi, “It was not something that was routinely done.”
When feasting at a pizza buffet, there are a few things that you have absolutely no question gone through your head at some point. It’s likely that one of your thoughts is about which slice of pizza you’ll get next, but if you’re entrepreneurial or inquisitive, you could also be wondering, “How does this establishment earn any money?” or “Am I truly getting the greatest bargain here?” It’s possible that some of you are already mentally calculating how many slices you need to consume in order to deceive the system. You are not the only one who has pondered such things.
According to The Takeout, Gordon Ramsay’s all-you-can-eat pizza establishment, Street Pizza, will be opening in the greater Washington, District of Columbia region this year. The restaurant chain has four branches in London and costs around $20 for each individual diner. According to what Ramsay had to say in an interview with the Washingtonian, “In London, we seldom bother to count the individual pieces. Guests tend to forget how many drinks they’ve had the majority of the time since they’re too busy having a good time with their friends and family. But there are occasions after a very strenuous run or ride when I am able to do four.”
Is it safe to assume that Ramsay’s restaurant is making a respectable amount of money using this method? In an interview with The Takeout, Derrick Tung, owner of Paulie Gee’s Logan Square, said the following: “Pizzerias’ cost of goods, from the food perspective, is around 20-25 percent.” He continued by saying, “I think you’ll always have some heavy hitters come in and [the pizzeria will] not make a ton of money on it, but realistically, if [Ramsay] is charging $20, it’s going to take about
A video posted by Business Insider serves as a helpful reminder that most buffets still charge for drinks. If a business can get a consumer in the door the first time, they have a better chance of keeping them as a customer in the future. These kinds of companies are frequently busy, which means that there is no problem maintaining their financial stability. Keep in mind that in order to receive your money’s worth the next time you go to a CiCi’s Pizza location and believe you’re going to get your money’s worth, you may have to consume a lot of food.