Delivery-Only Restaurants Are The Newest Industry Disruptor

Deliver, delivery-only restaurants

The newest class of restaurants has no chairs or tables. Instead, they take orders online or via apps and then deliver the food to your door.

From New York City to Chicago, brands like Ando and Seaside provide customers with their version of on-demand dining, a trend experts said appeals to younger generations who grew up with similar services, like Netflix, Forbes reports. The trend is growing — New York’s Green Summit Group raised $3.6M, expanded to Chicago and expects to make $18M in sales this year.

Experts said delivery-only eateries are incredibly cost-effective, largely because they save big on rent by operating in cheaper, smaller locations. UK-based Deliveroo pioneered a similar strategy in Europe, and has since raised almost $500M and expanded to 12 countries, including Hong Kong and Australia.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Spirit Christmas Unveils Plans To Grow Store Count This Holiday Season

Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path

Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale

Transformers: Yet Another Data Center Power Infrastructure Supply Chain Bottleneck

Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

After Years Of Rising Vacancy, Kendall Square Starts To Gain Momentum From AI

Heitman, Andover Target Self-Storage With New Investment JV

U.S. Multifamily Market Regaining Its Balance As Yearslong Supply Wave Tapers Off

Clarion Hires Prologis Executive To Lead Power Strategy

Why Data Centers Need To Embrace 'Responsible Resiliency'

The Bridge-To-Bridge Bet Is Holding Off CRE's 'Day Of Reckoning' — For Now