About the company Cote Restaurants is a privately owned Restaurant whose headquarters are located in London, UK. It is one of the finest bistro places of London. The foundation of Cote is the brasseries of Paris and is known for its authentic French classics comprises of quality and fresh ingredients. The Moto line of this restaurant is “Dedicated to service and quality of ingredients”.
Strengths of the firm It’s mouth watering French dishes. Location: Close to the theater district so people prefer pre theater dinner out there. Attentive friendly waiters Clean and lovely ambience Reasonable prices of dishes.
Weaknesses Poor service High Turnover of Staff The service style is not attracted Limited food items in the menu Outdated interior designs Always crowded due to that people get disturbed from loud noises
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Comparative analysis Firm needs to determine the positioning of the firm in the market by comparative analysis from one of its competitor as Wasabi Restaurant. It is also renowned Bistro in the UK that serves fresh, authentic Japanese Sushi and Bento across the UK. The Cote can adopt benchmarking method as a tool for comparative analysis in which the management can choose any of its competitor as its standard and can improve its performance. As per the recent study, it has been found that Cote has been earning fastest growing profit in the UK.
Comparative analysis of profit YearCote RestaurantWasabi restaurant 2014£12.5m£10 m 2015£14 m£12 m
Comparative analysis of turnover YearCote RestaurantWasabi restaurant 2014£20 m£17 m 2015£22 m£20 m
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References Chen, S. C. and Elston, J. A., 2013. Entrepreneurial motives and characteristics: An analysis of small restaurant owners.International Journal of Hospitality Management. 35. pp.294-305. Johnson, M. P., 2015. Sustainability Management and Small and Medium‐Sized Enterprises: Managers' Awareness and Implementation of Innovative Tools.Corporate Social Responsibility and Environmental Management. 22(5). pp.271-285