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|Articles - December 2010|
|Wednesday, November 17, 2010|
“Here is what is happening: The U.S. is importing so many things, and exporting very little,” says Kirk Lance, owner and founder of Aprisa. “We have these shipping containers being left in droves, and we are just stacking them up. They are becoming industrial waste.”
Not only are the containers plentiful, they’re cheap, and that matters in an industry where the failure rate is so high. Lance bought the shipping container for Aprisa for $3,000.
“In the restaurant industry, there is an extremely high failure rate. Three out of five restaurants don’t make it out the first year,” Lance says. “They put a ton of money into their concept and idea, and that ultimately goes into someone else’s building. If it doesn’t succeed, they forfeit all of that. If this doesn’t work, I can pick up and move to a new location, or even put it into a storage locker until I figure out what I’m doing.”
After Lance bought the container, he sent it to a rented facility in Scappoose to be retrofitted — a process, according to Lance, that took about two months to complete.
“It’s very inexpensive to buy the containers and convert them,” says Lance. Operating out of a relatively small space has its financial perks as well.
“We are financially feasible because our construction costs are one-tenth of the costs compared to other drive-throughs, like McDonald’s,” says Lance, who owned and operated two Mexican restaurants in Casper, Wyo., before coming to Oregon and opening Aprisa earlier this year.
“Our entire square footage is under 370 square feet; that’s all the space we are heating and cooling. Plus, we have no dining room so no costs incurred there.”
The shipping container is built onto concrete foundations, according to Lance, which means it is regulated like a building and not a food cart. The state inspected the container in Scappoose to see that building codes were met.
While Lance says he has been approached about franchising, this past year has been more about refining the business, which employs six, than expansion, though he is seeing steady growth in overall traffic and gross sales.
Beyond the quirky use of a shipping container, what Lance envisions with Aprisa is a down-home solution for busy families come dinnertime.
“In this world of two-income families, we are almost forced at times to seek out alternatives to eating at home as a family,” says Lance. “Eating out is one of those replacements and our goal is to replace fast food with quick sit-down food.”
Friday, April 11, 2014
TOM COX | OB BLOGGER
The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.
Tuesday, February 25, 2014
BY BRANDON SAWYER
The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.
Friday, February 28, 2014
The 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.
Wednesday, April 02, 2014
A new report explores the impact of millennials on Oregon's business and political climate.
Tuesday, February 25, 2014
BY BRANDON SAWYER
Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.
Tuesday, March 04, 2014
BY DEBRA RINGOLD | GUEST CONTRIBUTOR
How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?
Thursday, March 27, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.
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