Entrepreneur USA - January 2018

(Jeff_L) #1

market overcrowding, and


the company experienced a


well-documented flameout,


eventually filing for bankruptcy


in 2014. Today there are fewer


than 1,000 locations.


So how well can poke really


scale? Howard Penney, a


restaurant analyst at Hedgeye


Risk Management, is circum-


spect about it. He thinks there


could be five good years ahead


for well-run first-to-market


restaurants, especially in L.A.


and San Francisco, cities that


share some lifestyle similarities


with Hawaii. But still, he says,


restaurateurs should be realistic.


“You’re not going to have a


Starbucks-like trend, because


everybody drank coffee before


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