food delivery on a bike in a city

Succulent Hospitality Partners With Trusted CFO Solutions

Succulent Hospitality joins Trusted CFO Solutions as a SIAP partner. Owners, Jason Sheetz and William Sigley, lead the way in Sandy Springs, Georgia, with this newer concept of virtual restaurants. Succulent Hospitality’s flagship restaurants are Under the Cork Tree and Hammocks Trading Company (both in Sandy Springs).

Succulent Online Disrupts The Delivery Market

In March 2019, Succulent Online opened a kitchen facility adjacent to Hammocks on Roswell Road in Sandy Springs.

This facility houses three virtual brands. Fatbacks Meat and Three, Top Bun, for the burger and hot dog lover, and Salad Hippie to satisfy the grain and lettuce bowl health-minded. 

What Are Virtual Restaurants? And Why?

Virtual restaurants are like ghost restaurants. The chef prepares the food and sends it out of the kitchen for delivery under the brand. Co-Partner, Jason Sheetz, became interested in the idea of virtual restaurants after experiencing challenges with delivery fees.

The virtual restaurant model will have thirty percent delivery fees. UberEats, DoorDash, Grubhub, and PostMates implement these fees to sustain their business.

With this model, Succulent Online anticipates a revenue increase as the company will not have costs typically incurred with a brick and mortar restaurant location.

Trusted CFO Solutions Knows The Restaurant Business

TCFOS builds and maintains a thriving financial department within your business. You receive a higher-performing, lower-cost financial team and CFO, and the best financial management software on the market. You save time, recover money, and get decision guidance.

We understand the restaurant industry‘s high demands on efficiency. It requires the use of real-time data to procure insights for growing and sustaining the business effectively.

We help you optimize these data structures. Give us a call or email us today, and let’s explore doing so with your food service business.

Sage Intacct ERP Cloud Financial Software with Trusted CFO Solutions

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