Glossary R
Real estate
The physical property where the ghost kitchen is located.
Recipe development
The process of creating and refining recipes for menu items.
Recipe development and testing
Process of creating and refining menu items for the ghost kitchen.
Recipe experimentation
Trying new recipes and menu items to keep customers interested.
Recipe standardization
Consistently preparing dishes to a specific recipe.
Reduced need for front-of-house staff
Lowered requirement for employees to interact with customers in person.
Reduced overhead costs
Decreased expenses for running the ghost kitchen, such as rent, utilities, and equipment.
Reduced overheads
Lowered expenses for running the ghost kitchen, such as rent, utilities, and equipment.
Reduced wait times
Decreased amount of time customers wait for their orders to be prepared and delivered.
Regulatory compliance requirements
The laws and regulations that a business must follow to operate legally.
Remote cooking space
A kitchen space located outside of a traditional restaurant setting.
Renovation or remodeling costs
The expenses associated with updating or improving the ghost kitchen space.
Rent escalation clauses
Provisions in the lease agreement that allow for rent increases over time.
Rent expenses
The cost of leasing or renting a commercial space for a business.
Rent payments
The regular payments made to the landlord for the use of the ghost kitchen space.
Rent payment schedules
The agreed-upon dates and frequency of rent payments.
Reputation management
The process of monitoring and improving a business’s online reputation.
Resource allocation
The process of distributing resources such as time, money, and personnel to different areas of a business.
Restaurant incubators
Programs that provide resources and support to new restaurant businesses.
Restaurant technology solutions
Digital solutions for managing orders, inventory, and delivery.
Return on investment (ROI)
The amount of profit generated from the initial investment in a ghost kitchen.
Revenue generation
The process of generating income for a business.
Revenue Maximization Techniques
Strategies used to increase revenue and profitability, such as upselling and cross-selling.
Revenue streams
The different sources of income for a ghost kitchen, such as delivery fees, menu item sales, and catering orders.
Risk mitigation
Strategies and measures taken to minimize the risks associated with operating a ghost kitchen.
Rotating Specials
Limited-time menu items that are only available for a short period of time.
Rotating specials menu offerings
Menu items that change regularly to keep customers interested and engaged.
Royalty fee structure
The terms and conditions of royalty payments in a franchise agreement.
Royalty payments
Fees paid by a franchisee to a franchisor for the use of their brand and business model.