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Est. 1996

Issue 137

July 2008

ISSN: 1357-1168

Restaurateur Vows To Hold Prices- Despite Costs Rising 25% In A Month

 

 

Colin Wong, a co owner of the Aroma Group of Chinese restaurants has vowed to hold his prices, despite sharp rises in his own suppliers' costs - which have increased by more than a quarter in a month.

Wong who owns restaurants in Basildon, Braintree, Hemel Hempstead, Stevenage, Wood Green, Luton, Northampton, Shepherd's Bush and Wembley has seen the price of rice rise by 25% in the past month.

Aroma is spending an extra £3,000 a month on neck end of pork alone, the price of which has soared by 28% since June.

Last month a roast duck cost £5.50 per kg. It is now £6.89 - up more than 25%.

Vegetable oil was £10.50 for a 20kg drum six months ago. The price has since doubled.

Aroma expects other costs to increase as higher prices for energy, fuel and animal feed work their way through the system.

Aroma Restaurant prices last rose 2 years ago - by a mere 2%.

Despite these severe cost hikes Aroma is committed to holding its prices for at least - as long as customers stay loyal and numbers do not drop.

"Because we offer good value all-you-can-eat-for-a-fixed-price buffet dining from as little as £6.80 for adults and £4.20 for small children, many of our customers are on modest budgets - pensioners, students and families," said Wong, "These people have been the hardest hit by recent food, petrol and heating costs and a trip to an Aroma restaurant represents a major part of their monthly budget."

Wong is critical of the media for trying to talk the country into recession.

"There seems to be bad news on the economy in papers everyday. I'm sure all restaurants and many other businesses are suffering from the increased costs and customers on limited incomes are feeling the pinch, but fine dining restaurants catering for the well-heeled are as busy as ever," he said

Aroma Restaurant Group, Unit 12, The io Centre, Whittle Way, Stevenage, Herts SG1 2BD W: www.thearoma.co.uk

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Mood Food is published by FSR, London, England © 2008 

Editors:

Peter J. Grove
Colleen Grove

Editorial office: PO Box 416 Surbiton, Surrey, England, KT1 9BJ

Tel: 020 8399 4831

ISSN 1357-1168 email: GroveInt@aol.com