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After record inflation in 2022,&nbsp;<a href="https://awfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reuters-aw-restaurants-ceo-expects-milder-cost-increases-this-year-2721734" target="_blank" rel="nofollow">A&amp;W Restaurants</a> is predicting the cost increase for paper products, hamburger patties, ice cream and more to rise much more slowly this year. Many major restaurant networks have experienced a squeeze thanks to higher costs in recent months, but the trend is not expected to continue for the&nbsp;<a href="https://1851franchise.com/awrestaurants">A&amp;W</a> network.In 2022, A&amp;W’s cost of goods rose about 20%. This year, the total cost is expected to rise by just 2.4%."We're cautiously optimistic that is even going perhaps slightly lower," CEO&nbsp;<a href="https://www.linkedin.com/in/kevin-bazner-7b4a546/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reuters-aw-restaurants-ceo-expects-milder-cost-increases-this-year-2721734" target="_blank" rel="nofollow">Kevin Bazner</a> told&nbsp;<a href="https://www.reuters.com/business/retail-consumer/aw-restaurants-ceo-expects-milder-cost-increase-this-year-2023-01-27/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reuters-aw-restaurants-ceo-expects-milder-cost-increases-this-year-2721734" target="_blank" rel="nofollow">Reuters</a>.Bazner also expected fewer construction delays and more efficient equipment receipt as backlogs for key kitchen equipment are starting to dissipate.&nbsp;Read the full article&nbsp;<a href="https://www.reuters.com/business/retail-consumer/aw-restaurants-ceo-expects-milder-cost-increase-this-year-2023-01-27/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reuters-aw-restaurants-ceo-expects-milder-cost-increases-this-year-2721734" target="_blank" rel="nofollow">here</a>.&nbsp;The total investment necessary to begin operation, not including rent or land costs, is $871,000 to $1,469,554 for a Freestanding Restaurant; $401,000 to $1,051,088 for an Inline Restaurant; and $276,000 to $704,000 for a Captive Restaurant, including a $15,000-$30,000 franchise fee. For more information, visit<a href="https://franchising.awrestaurants.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reuters-aw-restaurants-ceo-expects-milder-cost-increases-this-year-2721734" target="_blank" rel="nofollow">&nbsp;https://awfranchising.com/</a>

Reuters: A&W Restaurants CEO Expects Milder Cost Increases This Year

1851 Franchise

After a record year for inflation, A&W Restaurants CEO is predicting a gentler squeeze in 2023.

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Reuters: A&W Restaurants CEO Expects Milder Cost Increases This Year

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