People are aware that the restaurant industry is massive — to the tune of $372 billion a year — but, what they may not be aware of is that a quarter of these restaurants fail within the first year, and 60% fail by their third year. This rate of failure has driven some cutting edge chefs and restaurant financiers to seek out new investment opportunities.  The pop-up restaurant trend was inspired by supper clubs, and first started in London in the mid-2000s as “happenings”. A cheaper investment upfront coupled with the opportunity for constant reinvention and chance-taking make pop-up restaurants ideal for restaurant financiers and chefs looking for a new investment. [Read more...]