in recent news the "best restaurant in the world" shut down, having never made a profit!
I think you're seriously mis-representing that story. First of all the restaurant didn't shut down because it wasn't making money, but because Ferran (the head chef/owner) simply wanted to do something else. Secondly Ferran has stated several times that running the restaurant at a loss is a conscious decision. He could easily turn a profit, but that would mean being open all year (the restaurant was only open 6 month of the year), charging higher prices, and compromising on the food, non of which he had any interest in doing. He sees owning the "best restaurant in the world" as a marketing tool, and a place to park his R&D expenditure for his other food ventures, and more than makes up for those losses with his other food businesses.
I think you're seriously mis-representing that story. First of all the restaurant didn't shut down because it wasn't making money, but because Ferran (the head chef/owner) simply wanted to do something else. Secondly Ferran has stated several times that running the restaurant at a loss is a conscious decision. He could easily turn a profit, but that would mean being open all year (the restaurant was only open 6 month of the year), charging higher prices, and compromising on the food, non of which he had any interest in doing. He sees owning the "best restaurant in the world" as a marketing tool, and a place to park his R&D expenditure for his other food ventures, and more than makes up for those losses with his other food businesses.