Westerville, OH — Return On Ingredients® is announcing that it has recently entered into a value added partnership with Equity Inc., a national full service commercial real estate firm.
Return On Ingredients® will be able to provide their clients market strategy and site selection services as part of the agreement. “Restaurants fail at a very alarming rate. Utilizing our existing cost identification and controls as well as the newly added analytical approach to site selection services will only assist in the long term growth and success of our clients” stated Mark Kelnhofer, President & CEO of Return On Ingredients. Patrick Wathen, Vice President of Equity Inc. added, “We are excited to partner with an organization that takes an analytical approach to improving performance as this is the same way we approach site selection. The combination of services will lead to significantly better results for ROI’s clients as they grow and experience new markets and opportunities.”
Founded in 2009, Return On Ingredients® provides consulting and cloud based software services for the restaurant and food service industries. The software enables the operator to determine their true cost (ingredients, labor and overhead) for their food and beverage recipes and then using that data for other aspects such as just-in-time production and ordering, performance benchmarking and menu engineering. Return On Ingredients® also provides various consulting services such as menu layout and design, operational audits and nutritional services.
Equity Inc., founded in 1989 by Steve Wathen, is a full service commercial real estate firm. They offer a comprehensive approach, which includes development, construction, brokerage, and property management services in addition to quantitative market analysis tailored and customized for each client’s unique business model. From concept to disposition, Equity Inc. has the knowledge base in the full life cycle of the retail services for projects of all sizes.