'You just feel like the punches just keep coming.' Restaurant owners deal with rising in food prices.
INDEPENDENCE, Ohio — The cooks in the kitchen at Winking Lizard are busy, but they’re not making some of the items offered at the local restaurant chain that they were a year ago.
“A big driver of our restaurants is chicken wings. Basically, as of three months ago, they were double in price what they were last year, double,” said Lane.“It’s just one more thing, two years, you know? You just feel like the punches just keep coming,” said Lane.“Everyone knows about our T-Bone steak special on the weekends. It's awesome. But if you don't get it, you better get it quick because that cost is going up. The steak is going up double.
“Everything's up across the board and it creates tremendous pressure on profitability and this is an industry that runs on a pretty thin margin,” said Barker.“In terms of what's being delivered to the back of the house in restaurants, most the times, are only able to get somewhere around 85% of what they order week over the week because so many things are just not available,” he said.
“The number of closures not being forced by a mandate. This is the highest we've had in really modern history,” said Barker.“You're going to see more and more restaurants do takeout only models from the get-go and more delivery things like that,” he said. “We do not see the end of the supply chain prices, probably for at least the rest of 2022.”
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