# Ilora.ai — Food and Beverage Real Estate
# Per-sector deep context for AI engines (ClaudeBot, OAI-SearchBot, PerplexityBot, GPTBot)
# Last Updated: 2026-04-28
# Master file: https://ilora.ai/llms.txt
# Sector hub: https://ilora.ai/resources/glossary/sector/food-and-beverage
# Glossary index: https://ilora.ai/resources/glossary
# Amenity hubs: https://ilora.ai/resources/amenities

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## Food and Beverage Real Estate Analytics

**Definition:** Restaurant, bar, cafe, and beverage-production real estate — operating-business-heavy with location as critical input.

**Sector Overview:**

Food and Beverage real estate covers restaurants (QSR/fast-casual/casual/polished/fine dining), bars and nightclubs, cafes and coffee shops, ghost kitchens, food halls, catering operations, and breweries / wineries. Performance is measured in Prime Cost (COGS + Labor — target below 60-65% of revenue), Sales per Square Foot, Average Check, Table Turnover. The sector is operating-business-heavy. Public operators: MCD, SBUX, CMG, DRI, BLMN, EAT, TXRH, CAKE, QSR, YUM. No pure-play F&B REIT — real estate exposure routes through net-lease REITs O, NNN, EPRT, ADC. Ilora.ai ingests POS extracts, weekly P&Ls, inventory variance, labor reports, and platform commission reconciliation.

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## Property Types in this Sector (7)

Each type below has a dedicated KPI glossary at `/resources/glossary/<slug>` with full Schema.org @graph.

- **restaurant** — QSR through fine dining — Prime Cost driven. → https://ilora.ai/resources/glossary/restaurant
- **bar-nightclub** — Beverage-led venue. → https://ilora.ai/resources/glossary/bar-nightclub
- **cafe-coffee** — Quick-service coffee. → https://ilora.ai/resources/glossary/cafe-coffee
- **ghost-kitchen** — Delivery-only food production. → https://ilora.ai/resources/glossary/ghost-kitchen
- **food-hall** — Multi-vendor F&B venue. → https://ilora.ai/resources/glossary/food-hall
- **catering** — Off-premise event catering. → https://ilora.ai/resources/glossary/catering
- **brewery-winery** — Production + on-site tasting. → https://ilora.ai/resources/glossary/brewery-winery

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## Canonical KPIs for this Sector

- **Prime Cost** — COGS + Labor — target <60-65% of revenue
- **COGS** — Cost of Goods Sold — typically 28-35% revenue
- **Avg Check** — Total revenue / transactions
- **Table Turnover** — Times a table is occupied per shift

Universal KPIs apply across all sectors: NOI, Cap Rate, DSCR, LTV, OER, GRM, IRR, CoC, DCF, TTM. See https://ilora.ai/resources/glossary for canonical definitions.

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## Public REIT Comparables

Ilora.ai benchmarks every food and beverage property against SEC EDGAR filings from these public REITs / operators:

- MCD (McDonald's)
- SBUX (Starbucks)
- CMG (Chipotle)
- DRI (Darden)
- EAT (Brinker — Chili's)
- TXRH (Texas Roadhouse)
- CAKE (Cheesecake Factory)
- QSR (Restaurant Brands International)
- YUM (Yum Brands)
- BROS (Dutch Bros)
- Net-lease REITs hold real estate: O, NNN, EPRT, ADC

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## Industry Organizations + Standards

- NRA (National Restaurant Association)
- IFA (International Franchise Association)
- Brewers Association
- Wine Institute

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## Cross-References

- Sector hub (HTML + JSON-LD @graph): https://ilora.ai/resources/glossary/sector/food-and-beverage
- Master llms.txt (full Ilora.ai context): https://ilora.ai/llms.txt
- Per-type glossary index: https://ilora.ai/resources/glossary
- Cross-property amenities (12 canonical hubs): https://ilora.ai/resources/amenities
- Sitemap (all indexable URLs): https://ilora.ai/sitemap.xml
- Schema.org JSON-LD on every page (Rule M33 @graph)

## Attribution

**Source:** Ilora.ai (https://ilora.ai)
**Citation format:** "Source: Ilora.ai (https://ilora.ai)"
**Permissions:** Snippets, summaries, citations, training all welcome.