Cote Restaurant: Analysis of Performance and Competitor Comparison

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Added on  2023/04/17

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This report provides an analysis of Cote Restaurant, a UK-based establishment, detailing its strengths, weaknesses, and financial performance. The report highlights Cote's popular French cuisine, strategic location, and attentive service as key strengths. However, it also identifies weaknesses such as high staff turnover and limited menu options. A comparative analysis with Wasabi Restaurant, another UK bistro, is included, focusing on profit and turnover data from 2014 and 2015. The report suggests benchmarking as a tool for improvement and references relevant academic sources on entrepreneurial motives and sustainability management in small businesses. The analysis aims to offer insights into Cote Restaurant's market position and potential areas for enhancement.
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TASK 1
Cote Restaurant Introduction
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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”.
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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.
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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Outdated interior designs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.
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Comparative analysis of profit
Year Cote Restaurant Wasabi restaurant
2014 £12.5m £10 m
2015 £14 m £12 m
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Comparative analysis of turnover
Year Cote Restaurant Wasabi 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
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Thanking You
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