Energizing Savings for Yokocho Japanese BBQ
Background:
Yokocho Japanese BBQ, a beloved chain of five restaurants located in Sydney’s bustling CBD and Burwood area, has been delighting locals with authentic Japanese cuisine since 2019. While their culinary reputation soared, the high cost of electricity and gas was a growing concern, consistently impacting their profitability.
Challenge:
Managing energy costs effectively was crucial for Yokocho Japanese BBQ, as both their kitchen operations and customer comfort depended heavily on energy usage. The restaurants needed a solution to reduce their substantial utility bills without compromising on the quality of their services.
Solution:
Energy Around Me stepped in with a strategic approach tailored to the restaurant group’s specific needs. By conducting a detailed analysis of Yokocho’s energy usage patterns and existing contracts, our team identified key areas for cost reduction. We then leveraged the group’s collective energy demand to enter into negotiations with major suppliers, securing a discount that individual contracts couldn’t achieve.
Results:
The negotiation led to a significant reduction in energy costs, achieving a 34.8% savings which translated to $37,514 in annual savings. This substantial decrease allowed Yokocho Japanese BBQ to reinvest in enhancing their dining experience and expanding their services.
Conclusion:
The success of Yokocho Japanese BBQ illustrates the effectiveness of group buying power in the energy market, particularly for SMEs in the hospitality industry. Energy Around Me continues to support them and other businesses, ensuring they maintain competitive while managing operational costs efficiently.
This case study is a powerful example of how strategic energy management can transform the financial landscape for businesses in high-cost areas like Sydney.