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This All-You-Can-Eat Restaurant Eaten Out Of Business In Just Two Weeks
It’s finally happened, the headline that we never thought would be written, the event that only occurred in our wildest fantasies – an all-you-can-eat restaurant has actually been eaten out of business, just two weeks after opening. Jiamener, a Chinese hot pot restaurant in Chengdu, was forced to file for bankruptcy after customers ate them into a $100,00 debt.
Here’s Where It All Went Wrong
Jiamener charged a $25 fee (Rs. 1,700 approximately) for an all you can eat membership card which entitled the holder to unlimited food for a month. An offer which was apparently too good to pass up, as customers began sharing the card around with their family members (such an Asian thing to do).
Unsurprisingly, they never even made it past the first month after they received over 500 customers a day which resulted in long queues outside the restaurant lasting before the doors opened to after closing time. To be fair to the restaurant owner, he admitted that they weren’t great at management after ending up $100,000 in debt. In his naivety, he probably thought that people wouldn’t try to take advantage of the offer (a fundamental flaw of human nature) and underestimated the appeal of hot pot restaurants.
So, if you ever wondered if an all-you-can-eat restaurant was ever actually eaten out of business, now you know that Jiamener shut down thanks to people eating too much. As one Twitter user aptly said, “Don’t underestimate our Chinese (insert your nationality) appetites!