Restaurants
Restaurants

Keep unnecessary costs from taking an oversized bite out of your bottom line.

Whether you operate multiple fast casual, quick service, or sit-down dining franchises or corporate locations, consistently serving up quality food and quality dining experiences depends on a bevy of often behind-the-scenes business services operating exactly as they should. Implement micro cost-saving measures, such as optimizing portion sizes and reducing food cost, to make significant savings over time without impacting customer satisfaction. SIB helps you optimize your spend and vendor relationships, targeting historically challenging spend areas including waste management, treasury fees, credit card processing, telecom, laundry, and payroll processing, without compromising your service levels. Ultimately, the better your partners serve you, the better you can serve your customers.

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Restaurants

Reduce restaurant expenses and keep restaurant operations running smoothly without changing service levels, operations, or vendors.

SIB is the leading provider of cost reduction and contract compliance services to the restaurant industry. Learn more about our turnkey services to increase profitability without changing anything.

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Restaurants

21% Average Savings in the Spend Categories We Oversee for Restaurant Operators

While finding and retaining staff remains a number one challenge for restaurant operators, SIB helps to hedge against the barrage of constantly-growing operational costs by providing a steadfast solution for restaurant cost management. We reduce costs without requiring you to change service levels, operations, or vendors.. How? We focus on critical, hard-to-manage spend areas like waste removal, bank fees, telecom, laundry and more to avoid price creep, eliminate billing errors, and ensure you have the most competitive pricing possible for multiple spend categories.

We’ve reviewed restaurant costs for some of the largest operating groups for over 26,000 locations. Lean on SIB for pricing benchmarks, local market knowledge, and a full staff of analysts so you can focus on the day-to-day while keeping restaurant operations profitable.

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Risk-Free Expense Reduction

Enjoy the benefits of reduced operational costs with no upfront investment. Our performance-based model means we succeed only when you achieve measurable savings.

26,000+ Locations Reviewed

Tap into insights gleaned from our deep engagement with all types of restaurants and restaurant suppliers including extensive experience auditing invoices and negotiating contracts.

All Gain – No Pain

Save money and reduce complexity without changing vendors, service levels, or operational processes that harm staff. Our self-funded services means we only share in the savings we unlock.

Best-in-Class Contracts

Take advantage of our 500,000+ pricing benchmarks to promote more successful vendor negotiations and secure best-in-class rates, terms, and conditions.

Our Restaurant Clients

Our Process

  1. Review Vendor Spend
    We look at 12 months of expenses across all spend categories from your general ledger to give you the big picture view of your spend and identify high-potential savings areas.
  2. Define the Scope and Roadmap
    Decide which expenses you want to tackle first. We meet with internal stakeholders in each expense category to gather additional details and data and obtain authorization letters permitting us to work directly with your vendors.
  3. Analyze, Negotiate, and Present the Opportunity
    We thoroughly audit your spend, invoices, and contract terms and conditions, uncovering every area for savings and optimization with existing vendors and services. Upon request, we can also look at sourcing alternate vendors. You review the full scope of opportunities and decide which to approve and implement.
  4. Implement Savings Strategies
    We put new contracts and rates into effect and provide your internal teams with documentation of all new pricing agreements, terms, and conditions. When you save, we share a portion of the savings, so there are no upfront costs and no risks to you.
  5. Validate Savings and Ensure Compliance
    We partner with you throughout the scope of your new contracts and service agreements to keep vendors in compliance, validate savings, and ensure you are receiving all negotiated services. We proactively look for new or additional savings opportunities to ensure best-in-market rates for the long term.

Spend Areas We Help

Restaurants

Waste + Recycling

Save an average of 31% on solid waste, medical waste, compost, and recycling costs while improving ESG compliance through better program design, pricing, and management.

Waste + Recycling
Restaurants

Treasury Fees

Secure best-in-class pricing to reduce bank fees and merchant services by 27-34% while reducing risk and preserving existing banking relationships.

Treasury Fees + Merchant Services
Restaurants

Telecom

Reduce telecom expenses by an average of 28% with a rightsized network, competitive market rates and terms, and a proactive approach to eliminating common billing errors.

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Restaurants

Utilities

Power up your business and bottom line with an average of 11% savings on electricity, natural gas, water, and propane, more reliable service, and reduced billing errors.

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Restaurants

Linen, Laundry, and Uniforms

Secure and validate the best prices and terms to improve your current service levels while reducing your linen, laundry, and uniform costs by an average of 26%.

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Restaurants

Payroll Processing

Optimize your payroll processing solution to simplify and better meet your company’s human capital management needs while saving an average of 24% on labor cost.

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Resources and Case Studies

Restaurants
case studies 3 mins read

Private Equity Owned Chain of Quick Serve Restaurants Challenges Property Taxes with Help from SIB

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Restaurants
case studies 3 mins read

SIB’s Utilities Team, Cost Control Associates, Helps Restaurant Operator with Energy Procurement

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Restaurants
case studies 3 mins read

Condado Tacos Saves $90,000 plus Annually; Ensures Peak Performance to Drive Results

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Take Control of Your Spend Today

Ready to reduce your costs across your top spend categories? Get started with a no risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work to spend smarter and improve your bottom line.

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Restaurants