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Abstract

AbstractFoodservice businesses- restaurants, caterers, bars, recreational centers, bakeries and similar other establishments suffer closures due to internal and external factors. This study compares survival rates and evaluates the impact of chain affiliation, and health inspection scores on the closures of four different segments of foodservice businesses in Athens, Georgia, from the year 2000 to 2020. It utilizes non-parametric Kaplan-Meier Survival analysis to determine the survival rates of total 841 businesses born, died and censored within the study period. It was observed that the restaurants having chain affiliation and higher inspection grades positively affected the probability of survival and, limited-service restaurants were found to have greater longevity than full-service restaurants, bars, pubs, taverns and the other segments of foodservice sector. It also utilized Cox’s proportional- hazard regression and identified significant impact of chain affiliation and grades on the closure of foodservice businesses in Athens.

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