I have regularly highlighted developments in the latest restaurant trend: Cereal. As a cereal fanatic this of particular interest to me, although I don't live anywhere near one. I'd like to believe that this is unique type of restaurant that could have significant appeal in the fast food and snack market.
But things are not all well in this fledgling industry.
Cereality, the front-runner among other competitors, has just shuttered one of its newer locations according to the
Daily Northwestern. The Evansville, Indiana Cereality has been closed just six months after opening. It was to be a training location during the restaurant's expansion.
To be fair, some franchise locations don't work, and often the reasons are legitimate and specific to that restaurant. But, this should be of concern to Cereality and to others in this niche market. I remain convinced that it is a viable concept, but obviously the right formula needs to be found. For example, many of these have been opened near colleges. I question this as a sustainable model. Airports, shopping malls, and office complexes may be better locations. And kiosks may be more cost effective than conventional retail space.
But, of course, no one asks the people passionate about cereal on these things. (Although, my invitation still stands!
CORRECTION (6/13): It is Evanston, Illinois, NOT Evansville, Indiana.Technorati Tags:
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