SWOT Analysis for Anytown Restaurant
Strengths
- During the tourist season, the restaurant gets many referrals from the resorts area.
- Anytown restaurant has developed a year-round local customer base made up mostly of retirees.
- The restaurant is close to a major highway, so there is potential to attract those driving along this route.
- The chef at Anytown restaurant has graduated from the Culinary Institute of America and has many years of experience working in fine-dining restaurants.
- The restaurant has a small, select menu of healthy food, including game and fish, and will create customized menu selections.
- Customer counts increase by about 25% during the summer months, and the restaurant is open every day during the summer.
Weaknesses
- The restaurant has a great staff, but employees are becoming more difficult to recruit because of their location and competition from other restaurant and foodservice industry employers.
- Cash flow can be unreliable at times.
- The restaurant does not have a lot of information about its competitors.
- The restaurant operates mainly in two dining seasons.
Opportunities
- The owner wants to set some goals to provide customers with high-quality, healthy Southern cuisine with superb and courteous service that represents hospitality in the Smoky Mountains.”
- Several retirees have asked if the restaurant does catering.
- The restaurant is close to a major highway, so there is potential to attract those driving along this route.
- Customer counts increase by about 25% during the summer months, and the restaurant is open every day during the summer.
Threats
- Competition since more restaurants are opening in the area offers the same check-average meals (about $30). So far.
- Because of the restaurant’s location and competition from other restaurants and food services, they face difficulty recruiting.
- Anytown restaurant faces competition since it is located in a somewhat remote natural setting while other properties are located in town.
After you have identified these factors, list the three factors you and your team would focus on.
- Set plans to provide customers with high-quality, healthy southern cuisine with superb and courteous service that represents hospitality in the smoky mountains
- Increasing the menu selection
- Being authentic and not offer the same check average meals
- Opening the restaurants for lunch and dinner and serving annually instead of the two dining seasons
- Listen to the retirees and offer catering services.
- Having useful information on its competitors