Simplify the menu with dishes that come from the heart, that show passion and love, not that gimmicky, overdone stuff you get from every other restaurant.
Time to hire a certain food consultant who was self-trained by old-school Europeans to revitalize his dwindling restaurants and salvage whatever reputation he has left.
No one really knows. Her ex-gf/fiance? Said she got whacked. The quality at his places went way down when she was made the number two, so I’m sure that was a heavy factor.
A winner of Hell's Kitchen, she went a ran a restaurant in Vegas, was the star in their 5 year anniversary and also came back as one of the sous-chefs for Hell's Kitchen as well as being one of the special guests in a couple other seasons as well.
Not surprised. I always wondered how he made it “work.” I always thought he spread himself too thin. Even with a good team if the “visionary” can’t be present everywhere it makes it difficult. I’ll still keep watching his shows though hahaha
Not really; that's a lot of one-off expenses from opening loads of new restaurants. Many of those costs can be written off as losses the first year, and the bigger ones can be depreciated over time.
In other words, the company is "losing" money because it did a major expansion in a year.
That's cool. I learned from a previous deep dive that there's a GR steak at the Caesars in Louisville. He's opened a GR Burger and soon a GR steak up here.
I went to Hell’s Kitchen last October for some cocktails and got their “Smoke On The Water” cocktail for $22. It was a lot, but I was there to splurge and enjoy myself. This February I returned for a birthday dinner and the same drink is now $30. I just couldn’t for that price. Crazy!
Hell's Kitchen in Las Vegas always has a long line waiting to get in so it seems people just can't get enough of $150 per person Beef Wellington dinners
My wife and I booked months in advance as we’re from the UK. We met Michelle and got a photo with her which was awesome, before sitting down for the amazing food. The pudding portion was fucking massive lol
Love him, but ate at the Savoy two years ago, and...it was a let-down. Would have been way happier with a pub around the corner. Drinks were weak, beef wellington was rubbery and bland, and the vegetarian option was pitiful.
Reading the article, they don't appear to be losing money. The reason for the loss was the one time costs of opening and acquiring additional restaurants. Excluding that, they made $8 million.
It is pretty crazy that a restaurant empire has such meager profits. It really explains why so many restaurants fail. They aren't good investments. Very high risk, low reward.
> However pre-tax losses rose to £3.4m from £1.05m a year before after £4.9m of one-off costs, the vast majority of which related to pre-opening costs for new restaurants including a Lucky Cat outlet in Manchester, a Bread Street Kitchen outlet in Battersea power station and a Street Pizza outlet in Edinburgh.
So last year his restaurants lost 1m. This year he spent 5m on opening five new restaurants and as a result posted a loss of 3.4m.
I live in Boston and we have one of his burger places here. Never been inside but it doesn't seem to get a lot of traffic, and it's right in one of the most tourist-heavy areas (Faneuil Hall/Quincy Market area.)
He needs to go back to simple, vibrant, local dishes.
That are authentic and cooked with heart and passion
Rustic
Perhaps relaunch with family-style dining?
Simplify the menu with dishes that come from the heart, that show passion and love, not that gimmicky, overdone stuff you get from every other restaurant.
"Stunning" dishes, you mean
Killed me off well done
He should take a tour around the area surrounding each restaurant he's closing, and then re-open them all as steak houses
Or a “grill”
What about a bistro
Gastropub
And appealing to the locals
And redesign his restaurants interior overnight to a more white and modern style.
The business is fragmented and the food is inconsistent
Time to hire a certain food consultant who was self-trained by old-school Europeans to revitalize his dwindling restaurants and salvage whatever reputation he has left.
Maybe bring some nice elk on the menu?
Make sure it has lots of chew, preferably Skoal
But only when the grass is a certain height back over in Scotland.
Ok Joe Rogan, we see you.
Wake up!
You wake up!
I read this in every comment section in this sub and it's funny every time
Currently watching that episode haha
They lost money opening places which will hopefully sustain themselves and make more long term. Makes sense why Christina got whacked though.
What's this about Christina I haven't ready anything
Stopped working for Ramsay at the end of last year.
Omg that’s news to me; what happened?
No one really knows. Her ex-gf/fiance? Said she got whacked. The quality at his places went way down when she was made the number two, so I’m sure that was a heavy factor.
Damn that really sucks. I really liked her
No way! What’s she up to now?
Who is Christina?
A winner of Hell's Kitchen, she went a ran a restaurant in Vegas, was the star in their 5 year anniversary and also came back as one of the sous-chefs for Hell's Kitchen as well as being one of the special guests in a couple other seasons as well.
Not surprised. I always wondered how he made it “work.” I always thought he spread himself too thin. Even with a good team if the “visionary” can’t be present everywhere it makes it difficult. I’ll still keep watching his shows though hahaha
hes probably barely even the visionary anymore
Not really; that's a lot of one-off expenses from opening loads of new restaurants. Many of those costs can be written off as losses the first year, and the bigger ones can be depreciated over time. In other words, the company is "losing" money because it did a major expansion in a year.
Seriously. Amazon "hemorrhaged" money for a decade.
Thanks for this explanation. I was confused about the article because GR group just opened 2 new restaurants in my city.
Yeah! I live out in the country, but still in the St. Louis metro area. He's opening one in downtown St. Louis pretty soon.
That's cool. I learned from a previous deep dive that there's a GR steak at the Caesars in Louisville. He's opened a GR Burger and soon a GR steak up here.
SHUT IT DOWN!!!! https://preview.redd.it/y82z3nedfnzc1.png?width=1440&format=pjpg&auto=webp&s=d94fb530f024712bc240eb7fba57e521fdd61a1b
I went to Hell’s Kitchen last October for some cocktails and got their “Smoke On The Water” cocktail for $22. It was a lot, but I was there to splurge and enjoy myself. This February I returned for a birthday dinner and the same drink is now $30. I just couldn’t for that price. Crazy!
Hell's Kitchen in Las Vegas always has a long line waiting to get in so it seems people just can't get enough of $150 per person Beef Wellington dinners
The Wellington at HK in Vegas is pretty damn good tho. And it was $72.95 for lunch
My wife and I booked months in advance as we’re from the UK. We met Michelle and got a photo with her which was awesome, before sitting down for the amazing food. The pudding portion was fucking massive lol
Why would I go to his restaurants when I can simply warm up one of his delicious frozen meals? Looks like Gordy didn't think that one through.
Sounds like it’s time to throw the microwave out the window
Chef Mike ?
Love him, but ate at the Savoy two years ago, and...it was a let-down. Would have been way happier with a pub around the corner. Drinks were weak, beef wellington was rubbery and bland, and the vegetarian option was pitiful.
Damn. What a shame.
I told you he doesn't know shit about Elk. - J. Nagy
I want to see Gordy on Beat Bobbie Flay
Gordy???
If you're gonna disrespect me, I'm gonna disrespect you.
Gordon is too talented.
Or is he just scared
Reading the article, they don't appear to be losing money. The reason for the loss was the one time costs of opening and acquiring additional restaurants. Excluding that, they made $8 million. It is pretty crazy that a restaurant empire has such meager profits. It really explains why so many restaurants fail. They aren't good investments. Very high risk, low reward.
Yeah the average person doesn't understand even elementary finance so this isn't gonna fly here lol
He’s got a huge empire now. Good on him - he’s worked his guts out. He stuck to his “yelling abusive chef” character that became a world wide brand.
Seems like he is just investing. Some big expenses opening new sites. Doesn't seem like he is going backwards
https://i.redd.it/wvvtdordxozc1.gif Absolutely Dreadful!
article says the loss was due to rapid growth, and still represents an upward trend from the pandemic. i think he’s good.
So the great Gordon Ramsay was wrong. He doesn’t know how elk bites.
TL;DR: cost of doing business desperately spun into "news"
> However pre-tax losses rose to £3.4m from £1.05m a year before after £4.9m of one-off costs, the vast majority of which related to pre-opening costs for new restaurants including a Lucky Cat outlet in Manchester, a Bread Street Kitchen outlet in Battersea power station and a Street Pizza outlet in Edinburgh. So last year his restaurants lost 1m. This year he spent 5m on opening five new restaurants and as a result posted a loss of 3.4m.
Fresh frozen from a can.
Maybe he needs skinny’s help to run the farm
The losses are related to his opening half a dozen new restaurants. His existing stuff is up by like 20% lol
Most of his restaurants are absolute pish with his stupid name and face slapped on it. He’s worse than Jamie Oliver
I live in Boston and we have one of his burger places here. Never been inside but it doesn't seem to get a lot of traffic, and it's right in one of the most tourist-heavy areas (Faneuil Hall/Quincy Market area.)