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Tips and Murmurs: Stan Grant delivers, on money and your life

A drink to higher profits Fine-dining restaurants have always been a huge financial gamble. With very high fixed costs -- labour and food -- it’s the fickle wind of public opinion that determines whether you make a 3% or even 5% profit margin. But can you achieve economies of scale at the high end by combining restaurants in a group, à la McDonalds? Back in the halcyon days before COVID-19, Quadrant Private Equity spent a chunk of cash to find out. In 2016 the Quadrant-backed Urban Purveyor...
Thomas Pash Neil Perry Rockpool Group Purveyor Group Rockpool Dining Group Quadrant Private Equity Quadrant Backed Urban Purveyor Group

Popular restaurant to reopen after year in hiatus

The chain has more than 16 brands and more than 80 restaurants across the country. Rockpool Dining Group CEO Thomas Pash said Fratelli Fresh was closed in line with the Federal Governments mandate for restaurants to stop in-venue trading to combat COVID-19. "For a period of time all of our team members were stood down across the country, as was the case across the entire hospitality industry," he said. "From June 2020, team members were gradually brought back to work as our restaurants star...
Sunshine Coast Thomas Pash Molly Haranis Rockpool Dining Group Sunshine Plaza Fratelli Fresh

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