SEPTEMBER 2021 RECAP
Just like old times! Dining room during a busy Tuesday lunch!
• • • • •
Drop off catering & offsite catering model has increased by 200%! Friday happy hour specials. Celebrated Hispanic Heritage month with popular specials. Dinner Hero is now offered on all platforms and is available for delivery! F&L catering is the busiest we’ve been since the pandemic!
BEST SELLING FOOD 168 Miso Salmon Bowls
135 orders of the Cubano sandwich. One of our most popular monthly specials!
166 fried chicken sandwiches!
98 Divine Swine sandwiches
223 chocolate ribbon cookies
117 Beer Battered Fish & Chips
BEVERAGE Ringing in Fall with Happy Hour cocktail special, Apples to Apples. • Absolut vodka, apple cider, ginger beer, lemon, cinnamon
Oktoberfest specials: $5 dollar beer!
Friday Happy Hour special. Get a complimentary bowl of house-made popcorn when you buy a pitcher of beer. YUM!
ONSITE EVENTS •
Foundry & Lux hosted 14 events- ranging from team happy hours to all day meetings.
•
Genentech started hosting in person events on the patio in September.
•
Alector took advantage of the patio hosting 3 events- 1 team happy hour and 2 luncheons -for their research team.
•
Sutro BioPharma had their staff do a timed ‘Un-Packing Party’ with the team to finish in the shortest amount of time, winning a team Happy Hour at F&L! The group enjoyed the bowling lanes & pool table in addition to happy hour snacks & beverages.
•
Otherwise Brewing came onsite to do an exclusive tasting on The Patio with the AstraZeneca team to end their Health & Wellness Month! They are interested in hosting similar events with F&L teaming up with a few of our key vendors.
•
Sutro BioPharma officially moved in and hosted a team happy hour with beer, wine & snacks from Foundry & Lux.
•
Franklin Templeton hosted their first in person meeting with food & beverage service provided by Foundry & Lux.
•
Allogene BioSciences hosted an all-day meeting for their board of directors. They had requested a more elevated experience with higher end breakfast & lunch offerings.
•
The gravlax tartlet (which was posted on Instagram) was a specific request! The Board was so impressed with the service that F&L will be providing all day services for their end of year meeting in December!
•
Oracle & AbbVie hosted multiple boxed lunch events in their spaces.
•
Amgen has completed their 1st week of Tuesday & Thursday catering. Number of meals are ranging from 150 – 200 with the potential to increase more!
•
This program is expected to run until August 2022 with an estimated $445k annual revenue.
Social media new users: 28
Chef Appreciation Week
Ringing in October with $5 dollar beer specials!
Not all hero’s wear capes, be the hero of YOUR dinner!
Celebrating our chefs during chef week.
www.foundryandlux.com
REVIEWS ARE IN!
We have been awarded 5 out of 5 stars with DoorDash! We are in the top 5% of ALL DoorDash merchants for service and food quality, order accuracy, and menu pricing. While DoorDash sales are slightly lower for the period, we have been experiencing a much higher volume for indoor dining. They have also recently added a function where we can toggle between different menus throughout the day, allowing us to offer better ordering experience for breakfast, lunch, happy hour and dinner.
Sales: Sales for the period totaled ~$229.6K with a weekly average of $45.9k per 5 week period. ~12k more than the P11! P12 was a great period as the campus population began to return to normal. We are now doing 4 offsite events weekly which contributes to more than ~$20k to our weekly revenue stream. This period was the highest revenue we have had this year! Labor: Labor in September was monitored carefully. We incorporated new hires and rehires to expand tenant offerings, such as bowling alley, back lounge, expanded PM services, and dining room. We now have 2 sprinter vans dedicated to F&L for our drop off and offsite events. Total labor came to 63%. Other Expenses: Other expenses and outside services have been reduced to a minimum at 17.2%. Total Losses: Overall losses were ~$12.8k for the 5-week period. We remain flexible and agile as our target continues to move and have been securing business wherever possible. The week 4 we profited $3864 and in week 5 we profited $5657.
Full Service contactless mobile selfordering technology integrations. Monthly farmer’s markets hosted by Bon Appetit and CBRE at The Cove beginning 10/20! Fall-tober Fest, our annual Fall harvest tenant event will be bigger and better than ever. Weekly caterings to AMGEN through 2022! Weekly caterings to Franklin and Templeton in San Mateo in addition to ROBLOX.