1st Place National Winner - Spring 2020

University of Washington - Foster School of Business

Problem:

Shutdown measures closed restaurants and eliminated dine-in revenue.

Proposed solutions:

  • Develop an Epicerie (takeaway grocery items service) to allow local customers to have french comfort food at home at a higher profit margin for the business
  • Expand to future revenue channels such as local business alliance events, subscription services, and a remote worker lunch initiative
  • Develop long term strategies optimizing takeout food leveraging technology and an online ordering experience

Even in a worst case scenario where the restaurant remains closed to dine in, these 3 options allow for an increase in EBIT above pre-covid rates.

School Team

University of Washington - Foster School of Business

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