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Virtual restaurants are stand-alone businesses that either operate out of an existing restaurant's kitchen or from a separate kitchen set-up away from a restaurant. [ 2 ] [ 3 ] [ 4 ] By not having a full-service restaurant with a storefront and dining room, virtual restaurants can economize by occupying cheaper real estate.
Mobile catering is the business of selling prepared food from some sort of vehicle. It is a feature of urban culture in many countries. [1] Mobile catering can be performed using food trucks, trailers, carts and food stands with many types of foods that can be prepared. Mobile catering is also used to provide food to people during times of ...
This model is also used in the residential space, but mostly for small units in high-demand locations. Here, the company signs a rental agreement with the owner and pays them a fixed rent. As per the agreement, the company is given the right to sublet the property for a higher rent. The company's income is the difference between the two rents.
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