I guess the tech bubble is bigger than the financial bubble !
My take away from the article is there are more fools with too much money in SF right now — trying to make a small fortune in the restaurant biz. Especially as the amount of money being spent in both markets is declining.
I am under the impression restaurant profit margin is low. I guess many people don’t think so.
Not necessarily. Depends upon a) the meal, and b) the restaurant.
I was probably thinking about the average margin. Some restaurants are printing money, balanced by those that go belly up.