Although the market is dominated by large restaurant groups, the market in Spain is currently in a total transformation period, in which the end of the financial crisis and the recent COVID-19 crisis, together with other factors such as tourism and new consumer tastes and evolution, are revolutionising the hotel and restaurant industry.
The market trends are dictating the need for openings and locations that offer new experiences to consumers. Thus, many new operators in the restaurant and catering industry are demanding attention to health and the need to respect the nature of the food as much as possible. Also, the delivery of food has emerged as one of the most challenging areas and one that can change the business model of the restaurant and catering industry.
In the restaurant and catering industry, new consumer tastes also provide significant data. For example, 2% of consumption in restaurants is dictated by interest in healthy and sustainable foods. In fact, according to the EFE Agency, half of Europeans follow some kind of diet with ingredients, products and food combinations that provide physical or emotional benefits or that implement essential aspects to improve self-care.
When investing in the restaurant and catering sector, therefore, one must take into account a number of elements, carefully study the market, as well as the profile and interests of each of the investors.
For example, before starting a project, it is necessary to make a detailed analysis of the options that are being considered. In this sense, one of the first questions the investor should ask is whether it is better to start a business from scratch (which implies obtaining the corresponding licenses and permits), or whether it is preferable to acquire an existing business, for which he should negotiate the transfer of the trading point (which implies carrying out the relevant due diligence review).
Through our specialized team we offer the necessary vehicles to channel investment in the restaurant and catering sector, as well as the resources and technical knowledge to provide advice on the opening of new establishments and the transfer of existing businesses or premises with needs for change and adaptation by the investor.